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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share  
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