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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share |
Computation of basic and diluted earnings per share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Three Months Ended | ​ | Nine Months Ended
​ | September 30, | ​ | September 30,
​ | 2023 |  | 2022 |  | 2023 |  | 2022
​ | (in millions, except number of shares which are reflected in thousands and per share amounts)
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to Reliance | $ | 295.0 | ​ | $ | 393.5 | ​ | $ | 1,063.2 | ​ | $ | 1,489.6
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average shares outstanding | ​ | 58,427 | ​ | ​ | 60,055 | ​ | ​ | 58,648 | ​ | ​ | 61,175
Dilutive effect of stock-based awards | ​ | 697 | ​ | ​ | 929 | ​ | ​ | 685 | ​ | ​ | 939
Weighted average diluted shares outstanding | ​ | 59,124 | ​ | ​ | 60,984 | ​ | ​ | 59,333 | ​ | ​ | 62,114
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share attributable to Reliance stockholders: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | $ | 5.05 | ​ | $ | 6.55 | ​ | $ | 18.13 | ​ | $ | 24.35
Diluted | $ | 4.99 | ​ | $ | 6.45 | ​ | $ | 17.92 | ​ | $ | 23.98

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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