XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.20.2

Earnings Per Share | 6 Months Ended
--- | ---
Jun. 30, 2020
Earnings Per Share |
Earnings Per Share | Note 12. Earnings Per Share ​ The following table sets forth the computation of basic and diluted earnings per share: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Three Months Ended | ​ | Six Months Ended
​ | June 30, | ​ | June 30,
​ | 2020 |  | 2019 | ​ | 2020 | ​ | 2019
​ | (in millions, except number of shares which are reflected in thousands and per share amounts)
Numerator: | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Net income attributable to Reliance | $ | 80.2 |  | $ | 183.1 |  | $ | 141.9 |  | $ | 373.2
Denominator: | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Weighted average shares outstanding | ​ | 63,647 |  | ​ | 67,045 |  | ​ | 64,992 |  | ​ | 67,086
Dilutive effect of stock-based awards | ​ | 935 |  | ​ | 932 |  | ​ | 923 |  | ​ | 865
Weighted average diluted shares outstanding | ​ | 64,582 |  | ​ | 67,977 |  | ​ | 65,915 |  | ​ | 67,951
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share attributable to Reliance stockholders: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted | $ | 1.24 | ​ | $ | 2.69 | ​ | $ | 2.15 | ​ | $ | 5.49
Basic | $ | 1.26 | ​ | $ | 2.73 | ​ | $ | 2.18 | ​ | $ | 5.56
​ Potentially dilutive securities were not significant for the second quarters of 2020 and 2019. The computations of earnings per share for the six months ended June 30, 2020 and 2019 do not include 358,082 and 348,770 weighted average shares, respectively, in respect of RSUs, because their inclusion would have been anti-dilutive.

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