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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share  
Computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

2018

 

2017

 

2016

 

(in millions, except share amounts which are reflected in thousands  and per share amounts)

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to Reliance 

$

633.7

 

$

613.4

 

$

304.3

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

71,621

 

 

72,851

 

 

72,363

Dilutive effect of stock-based awards

 

820

 

 

688

 

 

758

Weighted average diluted shares outstanding

 

72,441

 

 

73,539

 

 

73,121

 

 

 

 

 

 

 

 

 

Earnings per share attributable to Reliance stockholders:

 

 

 

 

 

 

 

 

Diluted

$

8.75

 

$

8.34

 

$

4.16

Basic

$

8.85

 

$

8.42

 

$

4.21