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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CONSOLIDATED STATEMENTS OF INCOME      
Net sales $ 8,811.9 $ 10,973.8 $ 11,534.5
Costs and expenses:      
Cost of sales (exclusive of depreciation and amortization shown below) 6,036.8 7,644.4 8,253.0
Warehouse, delivery, selling, general and administrative 1,874.0 2,095.4 2,091.8
Depreciation and amortization 227.3 219.3 215.2
Impairment of long-lived assets 108.0 1.2 37.0
Total costs and expenses 8,246.1 9,960.3 10,597.0
Operating income 565.8 1,013.5 937.5
Other (income) expense:      
Interest expense 62.9 85.0 86.2
Other expense (income), net 24.7 (0.8) 0.7
Income before income taxes 478.2 929.3 850.6
Income tax provision 105.8 223.2 208.8
Net income 372.4 706.1 641.8
Less: Net income attributable to noncontrolling interests 3.3 4.6 8.1
Net income attributable to Reliance $ 369.1 $ 701.5 $ 633.7
Earnings per share attributable to Reliance stockholders:      
Diluted (in dollars per share) $ 5.66 $ 10.34 $ 8.75
Basic (in dollars per share) $ 5.74 $ 10.49 $ 8.85
Shares used in computing earnings per share:      
Diluted (in shares) 65,263 67,855 72,441
Basic (in shares) 64,328 66,885 71,621
Cash dividends per share (in dollars per share) $ 2.50 $ 2.20 $ 2.00