XML 18 R19.htm IDEA: XBRL DOCUMENT v3.19.3

Earnings Per Share

9 Months Ended

Sep. 30, 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					​	Nine Months Ended
​	September 30,					​	September 30,
​	2019			2018		​	2019		​	2018
​	(in millions, except number of shares which are reflected in thousands and per share amounts)
Numerator:	​	​		​	​		​	​		​	​
Net income attributable to Reliance	$	162.7		$	148.3		$	535.9		$	548.1
Denominator:	​	​		​	​		​	​		​	​
Weighted average shares outstanding	​	66,656		​	71,940		​	66,941		​	72,364
Dilutive effect of stock-based awards	​	1,048		​	1,041		​	927		​	773
Weighted average diluted shares outstanding	​	67,704		​	72,981		​	67,868		​	73,137
​	​	​	​	​	​	​	​	​	​	​	​
Earnings per share attributable to Reliance stockholders:	​	​	​	​	​	​	​	​	​	​	​
Diluted	$	2.40	​	$	2.03	​	$	7.90	​	$	7.49
Basic	$	2.44	​	$	2.06	​	$	8.01	​	$	7.57

​

Potentially dilutive securities whose effect would have been antidilutive were not significant for all periods presented.

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

+ Details

Name:	us-gaap_EarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration