10-Q Filing

RELIANCE, INC. CIK: 861884 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-054544`
Period End Date	20120630
Filing Date	20120806
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	rs-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 64 Cash Flow Statement 74 Comprehensive Income 26

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.20M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.70M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.60M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$92.00M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$93.60M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $22.7 at June 30, 2012 and $22.2 at December 31, 2011	`AccountsReceivableNetCurrent`	$896.20M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $22.7 at June 30, 2012 and $22.2 at December 31, 2011	`AccountsReceivableNetCurrent`	$1.01B	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	75.01M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	75.28M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	75.28M	shares	Point-in-time
Inventories	`InventoryNet`	$1.42B	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	75.01M	shares	Point-in-time
Inventories	`InventoryNet`	$1.21B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$47.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$39.70M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$2.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$33.30M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$35.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.61B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.27B	USD	Point-in-time
Land	`Land`	$149.50M	USD	Point-in-time
Land	`Land`	$145.80M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$672.70M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$656.80M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$982.90M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$1.06B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$680.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$726.70M	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentNet`	$1.15B	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentNet`	$1.11B	USD	Point-in-time
Goodwill	`Goodwill`	$1.24B	USD	Point-in-time
Goodwill	`Goodwill`	$1.28B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$915.60M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$895.90M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$41.90M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$37.60M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$16.70M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$16.20M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$27.80M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$27.40M	USD	Point-in-time
Total assets	`Assets`	$5.61B	USD	Point-in-time
Total assets	`Assets`	$6.04B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$335.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$375.20M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$54.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$56.70M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$111.00M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$90.30M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$41.00M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$42.10M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`DebtCurrent`	$12.20M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`DebtCurrent`	$12.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$21.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$576.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$575.40M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.32B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.52B	USD	Point-in-time
Long-term retirement costs	`LongTermRetirementCosts`	$88.90M	USD	Point-in-time
Long-term retirement costs	`LongTermRetirementCosts`	$88.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$27.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$30.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$439.80M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$449.40M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value: Authorized shares - 5,000,000 None issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value: Authorized shares - 5,000,000 None issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value: Authorized shares - 200,000,000 Issued and outstanding shares - 75,278,455 at June 30, 2012 and 75,007,694 at December 31, 2011, stated capital	`CommonStockValue`	$678.30M	USD	Point-in-time
Common stock, no par value: Authorized shares - 200,000,000 Issued and outstanding shares - 75,278,455 at June 30, 2012 and 75,007,694 at December 31, 2011, stated capital	`CommonStockValue`	$657.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.50B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.70B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.80M	USD	Point-in-time
Total Reliance shareholders' equity	`StockholdersEquity`	$3.14B	USD	Point-in-time
Total Reliance shareholders' equity	`StockholdersEquity`	$3.37B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$9.80M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$8.10M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.15B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.61B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$3.96B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$4.50B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$2.21B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$2.05B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$2.95B	USD	2 Qtrs
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$1.54B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$3.35B	USD	2 Qtrs
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$1.64B	USD	1 Quarter
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$346.70M	USD	1 Quarter
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$313.70M	USD	1 Quarter
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$704.40M	USD	2 Qtrs
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$632.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$31.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$64.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$72.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.50M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$4.13B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.88B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.64B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$2.02B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$370.80M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$165.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$186.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$320.40M	USD	2 Qtrs
Interest	`InterestExpense`	$15.00M	USD	1 Quarter
Interest	`InterestExpense`	$15.50M	USD	1 Quarter
Interest	`InterestExpense`	$29.50M	USD	2 Qtrs
Interest	`InterestExpense`	$30.10M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$4.10M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$4.30M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-3.50M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$154.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$344.30M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$294.60M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$57.50M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$100.80M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$54.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$116.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$193.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$110.20M	USD	1 Quarter
Net income	`ProfitLoss`	$100.20M	USD	1 Quarter
Net income	`ProfitLoss`	$228.10M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.50M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.80M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.40M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.10M	USD	2 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$225.00M	USD	2 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$108.80M	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$191.00M	USD	2 Qtrs
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$98.70M	USD	1 Quarter
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareDiluted`	$2.98	USD	2 Qtrs
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareDiluted`	$2.54	USD	2 Qtrs
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareDiluted`	$1.31	USD	1 Quarter
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareDiluted`	$1.44	USD	1 Quarter
Basic earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareBasic`	$1.32	USD	1 Quarter
Basic earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareBasic`	$1.45	USD	1 Quarter
Basic earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareBasic`	$3.00	USD	2 Qtrs
Basic earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareBasic`	$2.56	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.24	USD	2 Qtrs
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$193.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$110.20M	USD	1 Quarter
Net income	`ProfitLoss`	$100.20M	USD	1 Quarter
Net income	`ProfitLoss`	$228.10M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$31.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$64.50M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$72.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$36.50M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-2.50M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-2.50M	USD	2 Qtrs
Gain on sales of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.10M	USD	2 Qtrs
Gain on sales of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$200.00K	USD	2 Qtrs
Equity in earnings of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	2 Qtrs
Equity in earnings of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	2 Qtrs
Dividends received from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$600.00K	USD	2 Qtrs
Dividends received from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$600.00K	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$10.80M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$11.50M	USD	2 Qtrs
Tax (benefit) deficit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$200.00K	USD	2 Qtrs
Tax (benefit) deficit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-300.00K	USD	2 Qtrs
Net loss from life insurance policies and other investments	`NetGainLossFromLifeInsurancePoliciesAndOtherInvestments`	$-1.00M	USD	2 Qtrs
Net loss from life insurance policies and other investments	`NetGainLossFromLifeInsurancePoliciesAndOtherInvestments`	$-1.70M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$98.60M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$259.90M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$299.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$183.40M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-27.20M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.80M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-14.80M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$180.20M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$21.20M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-85.50M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$86.80M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$66.30M	USD	2 Qtrs
Acquisitions of metals service centers, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$82.30M	USD	2 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.80M	USD	2 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.30M	USD	2 Qtrs
Investment in marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.70M	USD	2 Qtrs
Net proceeds from redemption of life insurance policies	`ProceedsFromRedemptionOfLifeInsurancePolicies`	$700.00K	USD	2 Qtrs
Net proceeds from redemption of life insurance policies	`ProceedsFromRedemptionOfLifeInsurancePolicies`	$2.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-56.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-167.30M	USD	2 Qtrs
Net short-term debt (repayments) borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$800.00K	USD	2 Qtrs
Net short-term debt (repayments) borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$-29.40M	USD	2 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$458.00M	USD	2 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$286.00M	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$117.10M	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$259.50M	USD	2 Qtrs
Payments to noncontrolling interest holders	`PaymentsOfDividendsMinorityInterest`	$1.00M	USD	2 Qtrs
Payments to noncontrolling interest holders	`PaymentsOfDividendsMinorityInterest`	$1.40M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$22.50M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$17.90M	USD	2 Qtrs
Tax benefit (deficit) from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$200.00K	USD	2 Qtrs
Tax benefit (deficit) from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-300.00K	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$9.70M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$9.40M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$155.10M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$159.90M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$1.40M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$9.00M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$19.10M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$84.60M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$72.90M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$92.00M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$93.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$84.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$72.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$92.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$93.60M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$26.40M	USD	2 Qtrs
Interest paid during the period	`InterestPaidNet`	$29.00M	USD	2 Qtrs
Income taxes paid during the period	`IncomeTaxesPaid`	$60.90M	USD	2 Qtrs
Income taxes paid during the period	`IncomeTaxesPaid`	$142.40M	USD	2 Qtrs
Debt assumed in connection with an acquisition of a metals service center	`LoansAssumed1`	$29.50M	USD	2 Qtrs

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$193.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$110.20M	USD	1 Quarter
Net income	`ProfitLoss`	$100.20M	USD	1 Quarter
Net income	`ProfitLoss`	$228.10M	USD	2 Qtrs
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease`	$-1.60M	USD	2 Qtrs
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease`	$-9.20M	USD	1 Quarter
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease`	$6.40M	USD	2 Qtrs
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease`	$-200.00K	USD	1 Quarter
Unrealized (loss) gain on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$100.00K	USD	2 Qtrs
Unrealized (loss) gain on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-200.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$6.50M	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-200.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-9.40M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$-1.60M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$200.30M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$100.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$226.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$100.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.40M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.80M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.10M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.50M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$99.40M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$98.50M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$223.40M	USD	2 Qtrs
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$197.50M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.