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v3.22.1

Acquisitions (Details) $ / shares in Units, $ in Millions | 3 Months Ended |  |  |
--- | --- | --- | --- | ---
Mar. 31, 2022 USD ($) | Mar. 31, 2021 USD ($) $ / shares | Dec. 31, 2021 USD ($) | Dec. 10, 2021 location | Oct. 01, 2021 location state
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed |  |  |  |  |
Goodwill | $ 2,113.0 |  | $ 2,107.6 |  |
Pro forma: |  |  |  |  |
Net sales |  | $ 3,017.3 |  |  |
Net income attributable to Reliance |  | $ 284.0 |  |  |
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share) | $ / shares |  | $ 4.39 |  |  |
Basic earnings per common share attributable to Reliance shareholders (in dollars per share) | $ / shares |  | $ 4.46 |  |  |
Admiral Metals Servicenter Company, Inc. |  |  |  |  |
Acquisitions |  |  |  |  |
Locations acquiree provides services from | location |  |  |  | 8 |
Merfish United Inc. |  |  |  |  |
Acquisitions |  |  |  |  |
Number of states in which the company operates metal service center network | state |  |  |  |  | 47
Locations acquiree provides services from | location |  |  |  |  | 12
2021 Acquisitions |  |  |  |  |
Acquisitions |  |  |  |  |
Net sales | 226.5 |  |  |  |
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed |  |  |  |  |
Cash | 1.0 |  |  |  |
Accounts receivable | 107.2 |  |  |  |
Inventories | 134.4 |  |  |  |
Property, plant and equipment | 33.6 |  |  |  |
Operating lease right-of-use assets | 29.8 |  |  |  |
Goodwill | 176.5 |  |  |  |
Intangible assets subject to amortization | 116.3 |  |  |  |
Intangible assets not subject to amortization | 51.2 |  |  |  |
Other current and long-term assets | 4.0 |  |  |  |
Total assets acquired | 654.0 |  |  |  |
Deferred taxes | 49.3 |  |  |  |
Operating lease liabilities | 24.6 |  |  |  |
Other current and long-term liabilities | 139.8 |  |  |  |
Total liabilities assumed | 213.7 |  |  |  |
Net assets acquired | $ 440.3 |  |  |  |

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