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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CONSOLIDATED STATEMENTS OF INCOME    
Net sales $ 2,838.4 $ 2,572.9
Costs and expenses:    
Cost of sales (exclusive of depreciation and amortization shown below) 1,884.7 1,792.2
Warehouse, delivery, selling, general and administrative 518.5 522.7
Depreciation and amortization 56.9 57.0
Impairment of long-lived assets   97.7
Total costs and expenses 2,460.1 2,469.6
Operating income 378.3 103.3
Other expense:    
Interest expense 15.7 16.9
Other expense, net 3.6 3.3
Income before income taxes 359.0 83.1
Income tax provision 90.8 20.2
Net income 268.2 62.9
Less: Net income attributable to noncontrolling interests 1.3 1.2
Net income attributable to Reliance $ 266.9 $ 61.7
Earnings per share attributable to Reliance stockholders:    
Diluted (in dollars per share) $ 4.12 $ 0.92
Basic (in dollars per share) $ 4.19 $ 0.93
Shares used in computing earnings per share:    
Diluted (in shares) 64,711 67,248
Basic (in shares) 63,645 66,337
Cash dividends per share (in dollars per share) $ 0.6875 $ 0.625