10-Q Filing

RELIANCE, INC. CIK: 861884 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-007361`
Period End Date	20220331
Filing Date	20220505
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	rs-20220331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 37 Cash Flow Statement 56 Stockholders Equity 29 Comprehensive Income 13

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$29.60M	USD	Point-in-time
Accounts receivable, allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$26.70M	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`	$548.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$300.50M	USD	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
Accounts receivable, less allowance for credit losses of $29.6 at March 31, 2022 and $26.7 at December 31, 2021	`AccountsReceivableNetCurrent`	$1.68B	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, less allowance for credit losses of $29.6 at March 31, 2022 and $26.7 at December 31, 2021	`AccountsReceivableNetCurrent`	$2.08B	USD	Point-in-time
Inventories	`InventoryNet`	$2.01B	USD	Point-in-time
Inventories	`InventoryNet`	$2.06B	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
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`	$111.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$107.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.16B	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$4.74B	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	61.95M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	61.81M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	61.81M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	61.95M	shares	Point-in-time
Land	`Land`	$259.10M	USD	Point-in-time
Land	`Land`	$260.10M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$1.28B	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$1.28B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.29B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$2.24B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.98B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.95B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.85B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.84B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$224.60M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$216.40M	USD	Point-in-time
Goodwill	`Goodwill`	$2.11B	USD	Point-in-time
Goodwill	`Goodwill`	$2.11B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.06B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.08B	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$39.10M	USD	Point-in-time
Cash surrender value of life insurance policies, net	`CashSurrenderValueOfLifeInsurance`	$44.90M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$90.10M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$84.30M	USD	Point-in-time
Total assets	`Assets`	$9.54B	USD	Point-in-time
Total assets	`Assets`	$10.11B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$636.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$453.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$148.20M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$132.10M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$184.60M	USD	Point-in-time
Accrued compensation and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$294.00M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$41.00M	USD	Point-in-time
Accrued insurance costs	`AccruedInsuranceCurrent`	$44.20M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`LongTermDebtCurrentAndShortTermDebt`	$5.00M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`LongTermDebtCurrentAndShortTermDebt`	$5.00M	USD	Point-in-time
Current maturities of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$54.90M	USD	Point-in-time
Current maturities of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$58.60M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$141.30M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$64.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.06B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.20B	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`	$159.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$162.50M	USD	Point-in-time
Deferred compensation and retirement costs	`DeferredCompensationLiabilityAndPensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$81.00M	USD	Point-in-time
Deferred compensation and retirement costs	`DeferredCompensationLiabilityAndPensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$85.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$484.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$483.20M	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: 5,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value: 5,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value and 200,000 shares authorized, Issued and outstanding shares-61,948 at March 31, 2022 and 61,806 at December 31, 2021	`CommonStocksIncludingAdditionalPaidInCapital`	$100.00K	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value and 200,000 shares authorized, Issued and outstanding shares-61,948 at March 31, 2022 and 61,806 at December 31, 2021	`CommonStocksIncludingAdditionalPaidInCapital`	$100.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.16B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.60B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-68.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-68.30M	USD	Point-in-time
Total Reliance stockholders' equity	`StockholdersEquity`	$6.53B	USD	Point-in-time
Total Reliance stockholders' equity	`StockholdersEquity`	$6.09B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$7.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$7.40M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.35B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.12B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.54B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$10.11B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.54B	USD	Point-in-time

Income Statement 37 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.49B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.84B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.88B	USD	1 Quarter
Cost of sales (exclusive of depreciation and amortization shown below)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$3.10B	USD	1 Quarter
Warehouse, delivery, selling, general and administrative (SG&A)	`SellingGeneralAndAdministrativeExpense`	$518.50M	USD	1 Quarter
Warehouse, delivery, selling, general and administrative (SG&A)	`SellingGeneralAndAdministrativeExpense`	$611.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$59.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$56.90M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.77B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.46B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$716.10M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$378.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$15.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$15.70M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.30M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.60M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$359.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$697.20M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$90.80M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$172.60M	USD	1 Quarter
Net income	`ProfitLoss`	$524.60M	USD	1 Quarter
Net income	`ProfitLoss`	$268.20M	USD	1 Quarter
Less: net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.30M	USD	1 Quarter
Less: net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.30M	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$523.30M	USD	1 Quarter
Net income attributable to Reliance	`NetIncomeLossAvailableToCommonStockholdersBasic`	$266.90M	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$8.33	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$8.46	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.19	USD	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.78M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	64.71M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	63.65M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.83M	shares	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.88	USD	Point-in-time
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.69	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.88	USD	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$524.60M	USD	1 Quarter
Net income	`ProfitLoss`	$268.20M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$59.10M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$56.90M	USD	1 Quarter
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$4.50M	USD	1 Quarter
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$3.50M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-400.00K	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-100.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$14.70M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$11.80M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-400.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-4.90M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$399.60M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$346.20M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$50.40M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-54.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.10M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-19.50M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$126.60M	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`	$404.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.70M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$66.70M	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.20M	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$20.60M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.80M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$4.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-63.30M	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
Dividends and dividend equivalents paid	`PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents`	$56.70M	USD	1 Quarter
Dividends and dividend equivalents paid	`PaymentsOfOrdinaryDividendsCommonStockAndDividendEquivalents`	$44.80M	USD	1 Quarter
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$17.10M	USD	1 Quarter
Payments for taxes related to net share settlements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$17.10M	USD	1 Quarter
Payments for taxes related to net share settlements	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.20M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.10M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.60M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-56.40M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-92.00M	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`	$-1.20M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$76.80M	USD	1 Quarter
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$247.50M	USD	1 Quarter
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$300.50M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$683.50M	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`	$548.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$300.50M	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`	$760.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$548.00M	USD	Point-in-time
Interest paid during the period	`InterestPaidNet`	$9.60M	USD	1 Quarter
Interest paid during the period	`InterestPaidNet`	$9.50M	USD	1 Quarter
Income taxes paid during the period, net	`IncomeTaxesPaidNet`	$6.90M	USD	1 Quarter
Income taxes paid during the period, net	`IncomeTaxesPaidNet`	$89.80M	USD	1 Quarter

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.88	USD	1 Quarter
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.69	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.09B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.35B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.12B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.54B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	61.95M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	61.81M	shares	Point-in-time
Net income	`ProfitLoss`	$524.60M	USD	1 Quarter
Net income	`ProfitLoss`	$268.20M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.20M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$600.00K	USD	1 Quarter
Dividend to noncontrolling interest holder	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.10M	USD	1 Quarter
Dividend to noncontrolling interest holder	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.80M	USD	1 Quarter
Common stock withheld related to net share settlements	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.20M	USD	1 Quarter
Common stock withheld related to net share settlements	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$17.10M	USD	1 Quarter
Repurchase of common shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$17.10M	USD	1 Quarter
Repurchase of common shares (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	113,529.00	shares	1 Quarter
Repurchase of common shares (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	0.00	shares	1 Quarter
Cash dividends per share and dividend equivalents	`DividendsAndDividendEquivalentsCommonStockCash`	$56.70M	USD	1 Quarter
Cash dividends per share and dividend equivalents	`DividendsAndDividendEquivalentsCommonStockCash`	$44.80M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.09B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.35B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.12B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.54B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	61.95M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesIssued`	61.81M	shares	Point-in-time

Comprehensive Income 13 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$524.60M	USD	1 Quarter
Net income	`ProfitLoss`	$268.20M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.20M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$700.00K	USD	1 Quarter
Postretirement benefit plan adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$100.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.20M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$600.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$267.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$525.20M	USD	1 Quarter
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.30M	USD	1 Quarter
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.30M	USD	1 Quarter
Comprehensive income attributable to Reliance	`ComprehensiveIncomeNetOfTax`	$523.90M	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.