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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

2021 Acquisitions

Acquisitions

Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed

​

​	​	​
​	(in millions)
Cash	$	1.0
Accounts receivable	​	107.2
Inventories	​	134.4
Property, plant and equipment	​	32.6
Operating lease right-of-use assets	​	29.8
Goodwill	​	172.0
Intangible assets subject to amortization	​	105.6
Intangible assets not subject to amortization	​	68.1
Other current and long-term assets	​	4.0
Total assets acquired	​	654.7
Deferred taxes	​	50.6
Operating lease liabilities	​	24.6
Other current and long-term liabilities	​	139.2
Total liabilities assumed	​	214.4
Net assets acquired	$	440.3

Schedule of pro forma information

​

​	​	​	​	​	​
​	Year Ended December 31,
​	2021		​	2020
​	(in millions, except per share amounts)
Pro forma:	​	​	​	​	​
Net sales	$	14,820.5	​	$	9,345.4
Net income attributable to Reliance	$	1,519.1	​	$	357.7
Earnings per share attributable to Reliance stockholders:	​	​	​	​	​
Diluted	$	23.62	​	$	5.48
Basic	$	24.03	​	$	5.56

2019 Acquisitions

Acquisitions

Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed

​

​	​	​
​	(in millions)
Cash	$	17.1
Accounts receivable	​	5.7
Inventories	​	39.3
Property, plant and equipment	​	29.9
Goodwill	​	60.5
Intangible assets subject to amortization	​	26.0
Intangible assets not subject to amortization	​	30.3
Other current and long-term assets	​	0.3
Total assets acquired	​	209.1
Other current and long-term liabilities	​	8.3
Total liabilities assumed	​	8.3
Net assets acquired	$	200.8

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Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

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