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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share  
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