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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Reconciliation of the numerator and the denominator of basic earnings per share and diluted earnings per share
The following table sets forth the reconciliation of the numerator and the denominator of basic earnings per share and diluted earnings per share for the three and nine months ended September 30, 2014 and 2013:
  
Three Months Ended
September 30,
Nine Months Ended
September 30,
  
2014
2013
2014
2013
Numerator:
 
 
 
 
Net income (loss) from continuing operations attributable to The Timken Company
$
(10.9
)
$
34.5

$
105.6

$
141.5

Less: undistributed earnings allocated to nonvested stock
—

—

—

0.1

Net income (loss) from continuing operations available to common shareholders for basic earnings per share and diluted earnings per share
$
(10.9
)
$
34.5

$
105.6

$
141.4

Denominator:
 
 
 
 
Weighted average number of shares outstanding, basic
89,683,436

94,667,659

90,889,871

95,391,695

Effect of dilutive securities:
 
 
 
 
Stock options and awards based on the treasury
   stock method
—

740,410

820,157

856,516

   Weighted average number of shares outstanding, 
       assuming dilution of stock options and awards
89,683,436

95,408,069

91,710,028

96,248,211

Basic earnings (loss) per share from continuing operations
$
(0.12
)
$
0.36

$
1.16

$
1.48

Diluted earnings (loss) per share from continuing operations
$
(0.12
)
$
0.36

$
1.15

$
1.47