Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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 June 30,
	2014					2013
	Net Income (Numerator)		Shares (Denominator)	Per Share Amount		Net Income (Numerator)		Shares (Denominator)	Per Share Amount
Basic earnings per share	$	72,303	226,220	$	.32	$	28,958	220,471	$	0.13
Dilutive common share equivalents	—		1,789			—		1,265
5.125% convertible senior notes, net of tax	1,969		14,039			—		—
Diluted earnings per share	$	74,272	242,048	$	.31	$	28,958	221,736	$	0.13

	Six Months Ended June 30,
	2014					2013
	Net Income (Numerator)		Shares (Denominator)	Per Share Amount		Net Income (Numerator)		Shares (Denominator)	Per Share Amount
Basic earnings per share	$	110,882	224,615	$	.49	$	77,173	220,233	$	0.35
Dilutive common share equivalents	—		1,699			—		1,363
5.125% convertible senior notes, net of tax	4,327		15,407			4,716		16,650
Diluted earnings per share	$	115,209	241,721	$	.48	$	81,889	238,246	$	0.34