Acquisitions (Tables) - 2021 Acquisitions

12 Months Ended

Dec. 31, 2022

Acquisitions

Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed

	(in millions)
Cash	$	1.0
Accounts receivable		107.2
Inventories		134.4
Property, plant and equipment		33.6
Operating lease right-of-use assets		29.8
Goodwill		177.3
Intangible assets subject to amortization		116.3
Intangible assets not subject to amortization		51.2
Other current and long-term assets		4.0
Total assets acquired		654.8
Deferred taxes		48.6
Operating lease liabilities		24.6
Other current and long-term liabilities		141.3
Total liabilities assumed		214.5
Net assets acquired	$	440.3

Schedule of pro forma information

	Year Ended December 31,
	2021		2020
	(in millions, except per share amounts)
Pro forma:
Net sales	$	14,820.5	$	9,345.4
Net income attributable to Reliance	$	1,518.0	$	356.6
Earnings per share attributable to Reliance stockholders:
Basic	$	24.01	$	5.54
Diluted	$	23.60	$	5.46