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Earnings Per Share | 12 Months Ended
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Dec. 31, 2023
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,
​ | 2023 |  | 2022 |  | 2021
​ | (in millions, except number of shares which are reflected in thousands and per share amounts)
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to Reliance | $ | 1,335.9 | ​ | $ | 1,840.1 | ​ | $ | 1,413.0
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average shares outstanding | ​ | 58,328 | ​ | ​ | 60,559 | ​ | ​ | 63,217
Dilutive effect of stock-based awards | ​ | 687 | ​ | ​ | 936 | ​ | ​ | 1,110
Weighted average diluted shares outstanding | ​ | 59,015 | ​ | ​ | 61,495 | ​ | ​ | 64,327
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share attributable to Reliance stockholders: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | $ | 22.90 | ​ | $ | 30.39 | ​ | $ | 22.35
Diluted | $ | 22.64 | ​ | $ | 29.92 | ​ | $ | 21.97
​ The computations of diluted earnings per share using the treasury stock method for 2023, 2022 and 2021 do not include 51,409, 83,857 and 116,206 weighted average shares, respectively, in respect of outstanding RSUs and PSUs, because their inclusion would have been anti-dilutive.

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