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Earnings Per Share
 3 Months Ended
Mar. 31, 2019
Earnings Per Share  
Earnings Per Share

Note 11.  Earnings Per Share

 

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

 

 

 

 

 

 

 

 

Three Months Ended

 

March 31,

 

2019

  

2018

 

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

Numerator:

 

 

   

 

 

Net income attributable to Reliance 

$
190.1

   

$
169.0

Denominator:

 

 

   

 

 

Weighted average shares outstanding

 
67,127

   

 
72,818

Dilutive effect of stock-based awards

 
799

   

 
632

Weighted average diluted shares outstanding

 
67,926

   

 
73,450

 

 

 

 

 

 

Earnings per share attributable to Reliance stockholders:

 

 

 

 

 

Diluted

$
2.80

 

$
2.30

Basic

$
2.83

 

$
2.32

 

Potentially dilutive securities whose effect would have been antidilutive were not significant for the first quarters of 2019 and 2018.