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Earnings Per Share (Tables)

9 Months Ended

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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- References

No definition available.

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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

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