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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share  
Computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

 

2018

  

2017

 

2018

 

2017

 

(in millions, except share and per share amounts)

Numerator:

 

 

   

 

 

   

 

 

   

 

 

Net income attributable to Reliance 

$

230.8

   

$

103.0

   

$

399.8

   

$

214.7

Denominator:

 

 

   

 

 

   

 

 

   

 

 

Weighted average shares outstanding

 

72,343,422

   

 

72,891,406

   

 

72,579,567

   

 

72,866,779

Dilutive effect of stock-based awards

 

644,376

   

 

609,295

   

 

638,203

   

 

591,391

Weighted average diluted shares outstanding

 

72,987,798

   

 

73,500,701

   

 

73,217,770

   

 

73,458,170

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to Reliance stockholders:

 

 

 

 

 

 

 

 

 

 

 

Diluted

$

3.16

 

$

1.40

 

$

5.46

 

$

2.92

Basic

$

3.19

 

$

1.41

 

$

5.51

 

$

2.95