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Earnings Per Share | 12 Months Ended
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Dec. 31, 2022
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,
​ | 2022 | ​ | 2021 | ​ | 2020
​ | (in millions, except share amounts which are reflected in thousands and per share amounts)
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to Reliance | $ | 1,840.1 | ​ | $ | 1,413.0 | ​ | $ | 369.1
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average shares outstanding | ​ | 60,559 | ​ | ​ | 63,217 | ​ | ​ | 64,328
Dilutive effect of stock-based awards | ​ | 936 | ​ | ​ | 1,110 | ​ | ​ | 935
Weighted average diluted shares outstanding | ​ | 61,495 | ​ | ​ | 64,327 | ​ | ​ | 65,263
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share attributable to Reliance stockholders: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | $ | 30.39 | ​ | $ | 22.35 | ​ | $ | 5.74
Diluted | $ | 29.92 | ​ | $ | 21.97 | ​ | $ | 5.66
​ The computations of earnings per share for 2022, 2021 and 2020 do not include 83,857, 116,206 and 183,508 weighted average shares, respectively, in respect of outstanding RSUs and PSUs, because their inclusion would have been anti-dilutive.

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