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Earnings Per Share | 12 Months Ended
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Dec. 31, 2021
Earnings Per Share |
Earnings Per Share | Note 17. Earnings Per Share ​ The following table sets forth the computation of basic and diluted earnings per share: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Year Ended December 31,
​ | 2021 | ​ | 2020 | ​ | 2019
​ | (in millions, except share amounts which are reflected in thousands and per share amounts)
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to Reliance | $ | 1,413.0 | ​ | $ | 369.1 | ​ | $ | 701.5
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average shares outstanding | ​ | 63,217 | ​ | ​ | 64,328 | ​ | ​ | 66,885
Dilutive effect of stock-based awards | ​ | 1,110 | ​ | ​ | 935 | ​ | ​ | 970
Weighted average diluted shares outstanding | ​ | 64,327 | ​ | ​ | 65,263 | ​ | ​ | 67,855
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share attributable to Reliance stockholders: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted | $ | 21.97 | ​ | $ | 5.66 | ​ | $ | 10.34
Basic | $ | 22.35 | ​ | $ | 5.74 | ​ | $ | 10.49
​ The computations of earnings per share for 2021, 2020 and 2019 do not include 116,206, 183,508 and 176,013 weighted average shares, respectively, in respect of outstanding RSUs and PSUs, because their inclusion would have been anti-dilutive. ​

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