Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2014

Earnings Per Share

Schedule of reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share

The following table presents a reconciliation of the numerators and the denominators of the company’s basic and diluted earnings per share computations for net income attributable to Steel Dynamics, Inc. (in thousands, except per share data):

	Three Months Ended March 31,
	2014					2013
	Net Income (Numerator)		Shares (Denominator)	Per Share Amount		Net Income (Numerator)		Shares (Denominator)	Per Share Amount
Basic earnings per share	$	38,579	223,011	$	.17	$	48,215	219,995	$	0.22
Dilutive common share equivalents	—		1,608			—		1,460
5.125% convertible senior notes, net of tax	2,358		16,775			2,358		16,632
Diluted earnings per share	$	40,937	241,394	$	.17	$	50,573	238,087	$	0.21