10-Q Filing

RELIANCE, INC. CIK: 861884 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-005275`
Period End Date	20210331
Filing Date	20210429
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	rs-20210331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 37 Cash Flow Statement 58 Stockholders Equity 30 Comprehensive Income 12

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$22.80M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$760.30M	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$683.50M	USD	Point-in-time
Accounts receivable, less allowance for credit losses of $22.8 at March 31, 2021 and $19.0 at December 31, 2020	`AccountsReceivableNetCurrent`	$1.27B	USD	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
Accounts receivable, less allowance for credit losses of $22.8 at March 31, 2021 and $19.0 at December 31, 2020	`AccountsReceivableNetCurrent`	$926.30M	USD	Point-in-time
Inventories	`InventoryNet`	$1.42B	USD	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
Inventories	`InventoryNet`	$1.48B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$80.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$75.10M	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
Income taxes receivable	`IncomeTaxesReceivable`	$2.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.58B	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	63.71M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.11B	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	63.60M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	63.71M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	63.60M	shares	Point-in-time
Land	`Land`	$260.10M	USD	Point-in-time
Land	`Land`	$255.50M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$1.23B	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$1.24B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.11B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.14B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.86B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.82B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.79B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.77B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$204.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$201.90M	USD	Point-in-time
Goodwill	`Goodwill`	$1.94B	USD	Point-in-time
Goodwill	`Goodwill`	$1.94B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$947.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$938.00M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$39.50M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$43.70M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$79.50M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$71.80M	USD	Point-in-time
Total assets	`Assets`	$8.55B	USD	Point-in-time
Total assets	`Assets`	$8.11B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$361.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$259.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$122.60M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$88.90M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$165.80M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$156.80M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$42.00M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$45.50M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`LongTermDebtCurrentAndShortTermDebt`	$5.20M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`LongTermDebtCurrentAndShortTermDebt`	$6.00M	USD	Point-in-time
Current maturities of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$51.00M	USD	Point-in-time
Current maturities of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$51.10M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$81.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$823.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$613.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.64B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.64B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$152.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$154.10M	USD	Point-in-time
Long-term retirement costs	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$101.90M	USD	Point-in-time
Long-term retirement costs	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$95.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$26.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$26.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$455.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$456.20M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value: Authorized shares - 5,000 None issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value: Authorized shares - 5,000 None issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value: Authorized shares - 200,000 Issued and outstanding shares - 63,707 at March 31, 2021 and 63,600 at December 31, 2020	`CommonStocksIncludingAdditionalPaidInCapital`	$6.60M	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value: Authorized shares - 200,000 Issued and outstanding shares - 63,707 at March 31, 2021 and 63,600 at December 31, 2020	`CommonStocksIncludingAdditionalPaidInCapital`	$100.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.19B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.42B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-79.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-77.90M	USD	Point-in-time
Total Reliance stockholders' equity	`StockholdersEquity`	$5.12B	USD	Point-in-time
Total Reliance stockholders' equity	`StockholdersEquity`	$5.34B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$6.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$7.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.21B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.90B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.35B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.12B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.11B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.55B	USD	Point-in-time

Income Statement 37 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.57B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.84B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.79B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.88B	USD	1 Quarter
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$518.50M	USD	1 Quarter
Warehouse, delivery, selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$522.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$57.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$56.90M	USD	1 Quarter
Impairment of long-lived assets	`AssetImpairmentCharges`	$97.70M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.46B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.47B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$103.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$378.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$15.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.90M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.60M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.30M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$359.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.10M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$90.80M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$20.20M	USD	1 Quarter
Net income	`ProfitLoss`	$268.20M	USD	1 Quarter
Net income	`ProfitLoss`	$62.90M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.20M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.30M	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$266.90M	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$61.70M	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.19	USD	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	64.71M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.25M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.34M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	63.65M	shares	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.69	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.62	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$268.20M	USD	1 Quarter
Net income	`ProfitLoss`	$62.90M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$57.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$56.90M	USD	1 Quarter
Impairment of long-lived assets	`AssetImpairmentCharges`	$97.70M	USD	1 Quarter
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$4.50M	USD	1 Quarter
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$3.80M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-100.00K	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-33.50M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$14.70M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.90M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-400.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-9.70M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$155.80M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$346.20M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-12.40M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$50.40M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-68.30M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.10M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$39.40M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$217.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$161.80M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$170.80M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.70M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$55.50M	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$800.00K	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$20.60M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$300.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-55.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.70M	USD	1 Quarter
Net short-term debt repayments	`ProceedsFromRepaymentsOfShortTermDebt`	$-800.00K	USD	1 Quarter
Proceeds from long-term debt borrowings	`ProceedsFromDebtNetOfIssuanceCosts`	$667.00M	USD	1 Quarter
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$419.00M	USD	1 Quarter
Dividends and dividend equivalents paid	`PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents`	$44.80M	USD	1 Quarter
Dividends and dividend equivalents paid	`PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents`	$41.90M	USD	1 Quarter
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$300.00M	USD	1 Quarter
Noncontrolling interest purchased	`PaymentsToAcquireNoncontrollingInterestInSubsidiaries`	$8.00M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.50M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.80M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-107.40M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-56.40M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-900.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.60M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.20M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$76.80M	USD	1 Quarter
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$683.50M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.10M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$760.30M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$174.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$683.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$760.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$174.30M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$6.00M	USD	1 Quarter
Interest paid during the period	`InterestPaidNet`	$9.50M	USD	1 Quarter
Income taxes paid during the period, net	`IncomeTaxesPaidNet`	$5.20M	USD	1 Quarter
Income taxes paid during the period, net	`IncomeTaxesPaidNet`	$6.90M	USD	1 Quarter

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.69	USD	Point-in-time
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.62	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.69	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.21B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.90B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.35B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.12B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	63.71M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	63.60M	shares	Point-in-time
Net income	`ProfitLoss`	$268.20M	USD	1 Quarter
Net income	`ProfitLoss`	$62.90M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.20M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-31.40M	USD	1 Quarter
Noncontrolling interest purchased	`MinorityInterestDecreaseFromRedemptions`	$8.00M	USD	1 Quarter
Dividend to noncontrolling interest holder	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.40M	USD	1 Quarter
Dividend to noncontrolling interest holder	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$500.00K	USD	1 Quarter
Stock-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodNetRecognitionValue`	$6.50M	USD	1 Quarter
Stock-based compensation, net	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodNetRecognitionValue`	$3.80M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$300.00K	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$300.00M	USD	1 Quarter
Repurchase of common shares (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	1 Quarter
Repurchase of common shares (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	3.30M	shares	1 Quarter
Cash dividends - $0.625 and $0.6875 per share for the quarter ended March 31, 2020 and 2021, respectively	`DividendsAndDividendEquivalentsCommonStockCash`	$41.90M	USD	1 Quarter
Cash dividends - $0.625 and $0.6875 per share for the quarter ended March 31, 2020 and 2021, respectively	`DividendsAndDividendEquivalentsCommonStockCash`	$44.80M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.21B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.90B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.35B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.12B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	63.71M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	63.60M	shares	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$268.20M	USD	1 Quarter
Net income	`ProfitLoss`	$62.90M	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.40M	USD	1 Quarter
Foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.20M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.20M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-31.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$267.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$31.50M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.20M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.30M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$30.30M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$265.70M	USD	1 Quarter

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