10-Q Filing

RELIANCE, INC. CIK: 861884 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001104659-13-036944`
Period End Date	20130331
Filing Date	20130503
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	rs-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 32 Cash Flow Statement 69 Comprehensive Income 14

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.80M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$20.50M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$97.60M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.00M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$84.60M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $19.8 at March 31, 2013 and $20.5 at December 31, 2012	`AccountsReceivableNetCurrent`	$940.40M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts of $19.8 at March 31, 2013 and $20.5 at December 31, 2012	`AccountsReceivableNetCurrent`	$807.70M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$1.32B	USD	Point-in-time
Inventories	`InventoryNet`	$1.27B	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$34.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$40.90M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$28.40M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$3.20M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	76.65M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$30.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$30.50M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	76.04M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.43B	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	76.65M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.28B	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	76.04M	shares	Point-in-time
Land	`Land`	$155.60M	USD	Point-in-time
Land	`Land`	$155.40M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$725.10M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$734.60M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$1.14B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$1.12B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$764.70M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$790.40M	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentNet`	$1.24B	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentNet`	$1.24B	USD	Point-in-time
Goodwill	`Goodwill`	$1.31B	USD	Point-in-time
Goodwill	`Goodwill`	$1.31B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$922.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$936.50M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$45.20M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$40.70M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$15.50M	USD	Point-in-time
Investments in unconsolidated entities	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$15.50M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$27.80M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$28.20M	USD	Point-in-time
Total assets	`Assets`	$5.98B	USD	Point-in-time
Total assets	`Assets`	$5.86B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$389.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$255.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$87.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$88.90M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$67.00M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$112.80M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$38.80M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$39.20M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`DebtCurrent`	$83.60M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`DebtCurrent`	$86.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$671.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$578.20M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.12B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.06B	USD	Point-in-time
Long-term retirement costs	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$95.60M	USD	Point-in-time
Long-term retirement costs	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$94.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$27.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$27.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$467.30M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$466.30M	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 - 76,647,562 at March 31, 2013 and 76,042,546 at December 31, 2012, stated capital	`CommonStockValue`	$722.20M	USD	Point-in-time
Common stock, no par value: Authorized shares - 200,000,000 Issued and outstanding shares - 76,647,562 at March 31, 2013 and 76,042,546 at December 31, 2012, stated capital	`CommonStockValue`	$760.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.84B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.90B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.40M	USD	Point-in-time
Total Reliance shareholders' equity	`StockholdersEquity`	$3.56B	USD	Point-in-time
Total Reliance shareholders' equity	`StockholdersEquity`	$3.65B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$9.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$9.10M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.66B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.57B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.98B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.86B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$2.29B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$2.03B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$1.71B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServicesSold`	$1.50B	USD	1 Quarter
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$357.70M	USD	1 Quarter
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$357.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.10M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.10B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.90B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$184.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$130.00M	USD	1 Quarter
Interest	`InterestExpense`	$13.10M	USD	1 Quarter
Interest	`InterestExpense`	$14.50M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.50M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.90M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$176.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$119.80M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$58.70M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$35.30M	USD	1 Quarter
Net income	`ProfitLoss`	$84.50M	USD	1 Quarter
Net income	`ProfitLoss`	$117.90M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$800.00K	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$116.20M	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$83.70M	USD	1 Quarter
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareDiluted`	$1.09	USD	1 Quarter
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareDiluted`	$1.54	USD	1 Quarter
Basic earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareBasic`	$1.55	USD	1 Quarter
Basic earnings per common share attributable to Reliance shareholders (in dollars per share)	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$84.50M	USD	1 Quarter
Net income	`ProfitLoss`	$117.90M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$35.50M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$41.10M	USD	1 Quarter
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$1.60M	USD	1 Quarter
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-1.20M	USD	1 Quarter
Loss (gain) on sales of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$100.00K	USD	1 Quarter
Loss (gain) on sales of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-200.00K	USD	1 Quarter
Equity in earnings of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$500.00K	USD	1 Quarter
Equity in earnings of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$300.00K	USD	1 Quarter
Dividends received from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$300.00K	USD	1 Quarter
Dividends received from unconsolidated entities	`EquityMethodInvestmentDividendsOrDistributions`	$300.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$4.90M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$6.70M	USD	1 Quarter
Tax deficit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-800.00K	USD	1 Quarter
Tax deficit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-100.00K	USD	1 Quarter
Net gain from life insurance policies	`NetGainLossFromLifeInsurancePolicies`	$2.40M	USD	1 Quarter
Net gain from life insurance policies	`NetGainLossFromLifeInsurancePolicies`	$1.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$143.60M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$134.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$182.20M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$48.20M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-31.30M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.00M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$91.40M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$97.90M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$72.20M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-63.20M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.80M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.60M	USD	1 Quarter
Acquisition of a metals service center	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.00M	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$400.00K	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$200.00K	USD	1 Quarter
Net proceeds from redemptions of life insurance policies	`ProceedsFromRedemptionOfLifeInsurancePolicies`	$6.90M	USD	1 Quarter
Net proceeds from redemptions of life insurance policies	`ProceedsFromRedemptionOfLifeInsurancePolicies`	$2.80M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-41.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-19.50M	USD	1 Quarter
Net short-term debt borrowings (repayments)	`ProceedsFromRepaymentsOfShortTermDebt`	$3.10M	USD	1 Quarter
Net short-term debt borrowings (repayments)	`ProceedsFromRepaymentsOfShortTermDebt`	$-400.00K	USD	1 Quarter
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$221.00M	USD	1 Quarter
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$50.00M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$122.20M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$110.00M	USD	1 Quarter
Payments to noncontrolling interest holders	`PaymentsOfDividendsMinorityInterest`	$700.00K	USD	1 Quarter
Payments to noncontrolling interest holders	`PaymentsOfDividendsMinorityInterest`	$700.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$11.20M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$22.90M	USD	1 Quarter
Tax deficit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-100.00K	USD	1 Quarter
Tax deficit from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-800.00K	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$31.60M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.60M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-49.70M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$91.00M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-800.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-500.00K	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$2.50M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-14.60M	USD	1 Quarter
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$97.60M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$70.00M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$100.10M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$84.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$97.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$70.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$84.60M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$4.40M	USD	1 Quarter
Interest paid during the period	`InterestPaidNet`	$5.20M	USD	1 Quarter
Income taxes paid during the period	`IncomeTaxesPaid`	$9.80M	USD	1 Quarter
Income taxes paid during the period	`IncomeTaxesPaid`	$32.60M	USD	1 Quarter

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$84.50M	USD	1 Quarter
Net income	`ProfitLoss`	$117.90M	USD	1 Quarter
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$7.60M	USD	1 Quarter
Foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-10.10M	USD	1 Quarter
Unrealized gain on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$200.00K	USD	1 Quarter
Unrealized gain on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$200.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-9.90M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$7.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$125.70M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$74.60M	USD	1 Quarter
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$800.00K	USD	1 Quarter
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$124.00M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$73.80M	USD	1 Quarter

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