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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 3,418.8 $ 2,019.3 $ 6,257.2 $ 4,592.2
Costs and expenses:        
Cost of sales (exclusive of depreciation and amortization shown below) 2,336.6 1,404.6 4,221.3 3,196.8
Warehouse, delivery, selling, general and administrative ("SG&A") 563.3 438.5 1,081.8 961.2
Depreciation and amortization 58.5 57.4 115.4 114.4
Impairment of long-lived assets   0.2   97.9
Total costs and expenses 2,958.4 1,900.7 5,418.5 4,370.3
Operating income 460.4 118.6 838.7 221.9
Other expense:        
Interest expense 15.7 14.6 31.4 31.5
Other expense, net 0.6 2.0 4.2 5.3
Income before income taxes 444.1 102.0 803.1 185.1
Income tax provision 113.9 21.3 204.7 41.5
Net income 330.2 80.7 598.4 143.6
Less: Net income attributable to noncontrolling interests 1.1 0.5 2.4 1.7
Net income attributable to Reliance $ 329.1 $ 80.2 $ 596.0 $ 141.9
Earnings per share attributable to Reliance stockholders:        
Diluted (in dollars per share) $ 5.08 $ 1.24 $ 9.20 $ 2.15
Basic (in dollars per share) $ 5.17 $ 1.26 $ 9.36 $ 2.18
Shares used in computing earnings per share:        
Diluted (in shares) 64,793 64,582 64,752 65,915
Basic (in shares) 63,663 63,647 63,654 64,992
Cash dividends per share (in dollars per share) $ 0.6875 $ 0.6250 $ 1.3750 $ 1.2500