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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share  
Computation of basic and diluted earnings per share

Three Months Ended

Six Months Ended

June 30,

June 30,

2021

  

2020

2021

2020

(in millions, except number of shares which are reflected in thousands and per share amounts)

Numerator:

   

   

   

Net income attributable to Reliance

$

329.1

   

$

80.2

   

$

596.0

   

$

141.9

Denominator:

   

   

   

Weighted average shares outstanding

63,663

   

63,647

   

63,654

   

64,992

Dilutive effect of stock-based awards

1,130

   

935

   

1,098

   

923

Weighted average diluted shares outstanding

64,793

   

64,582

   

64,752

   

65,915

Earnings per share attributable to Reliance stockholders:

Diluted

$

5.08

$

1.24

$

9.20

$

2.15

Basic

$

5.17

$

1.26

$

9.36

$

2.18