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Earnings Per Share
 12 Months Ended
Dec. 31, 2017
Earnings Per Share  
Earnings Per Share

Note 15. Earnings Per Share

 

The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

2017

   

2016

   

2015

 

(in millions, except share and per share amounts)

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to Reliance 

$
613.4

 

$
304.3

 

$
311.5

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 
72,851,021

 

 
72,362,513

 

 
74,096,349

Dilutive effect of stock-based awards

 
688,403

 

 
758,405

 

 
805,715

Weighted average diluted shares outstanding

 
73,539,424

 

 
73,120,918

 

 
74,902,064

 

 

 

 

 

 

 

 

 

Earnings per share attributable to Reliance stockholders:

 

 

 

 

 

 

 

 

Diluted

$
8.34

 

$
4.16

 

$
4.16

Basic

$
8.42

 

$
4.21

 

$
4.20

 

Potentially dilutive securities whose effect would have been antidilutive were not significant for 2017, 2016, and 2015.