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

Three Months Ended

Nine Months Ended

September 30,

September 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

$

395.7

   

$

97.6

   

$

991.7

   

$

239.5

Denominator:

   

   

   

Weighted average shares outstanding

63,275

   

63,758

   

63,526

   

64,578

Dilutive effect of stock-based awards

1,075

   

930

   

1,091

   

925

Weighted average diluted shares outstanding

64,350

   

64,688

   

64,617

   

65,503

Earnings per share attributable to Reliance stockholders:

Diluted

$

6.15

$

1.51

$

15.35

$

3.66

Basic

$

6.25

$

1.53

$

15.61

$

3.71