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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share  
Computation of basic and diluted earnings per share

Three Months Ended

Nine Months Ended

September 30,

September 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

$

97.6

   

$

162.7

   

$

239.5

   

$

535.9

Denominator:

   

   

   

Weighted average shares outstanding

63,758

   

66,656

   

64,578

   

66,941

Dilutive effect of stock-based awards

930

   

1,048

   

925

   

927

Weighted average diluted shares outstanding

64,688

   

67,704

   

65,503

   

67,868

Earnings per share attributable to Reliance stockholders:

Diluted

$

1.51

$

2.40

$

3.66

$

7.90

Basic

$

1.53

$

2.44

$

3.71

$

8.01