XML 72 R50.htm IDEA: XBRL DOCUMENT v3.3.1.900
Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
 
2015
 
1st
2nd
3rd
4th
Total
Net sales
$
722.5

$
728.0

$
707.4

$
714.4

$
2,872.3

Gross profit
202.5

205.1

195.4

190.9

793.9

Impairment and restructuring charges (1)
6.2

1.4

4.4

2.7

14.7

Gain (loss) on divestiture(2)

0.3


(29.0
)
(28.7
)
Pension settlement charges (3)
215.2

4.4

3.6

241.8

465.0

Net (loss) income (4)
(134.8
)
37.7

64.5

(35.4
)
(68.0
)
Net income attributable to noncontrolling interests
0.4

1.0

1.1

0.3

2.8

Net (loss) income attributable to The Timken Company
(135.2
)
36.7

63.4

(35.7
)
(70.8
)
Net (loss) income per share - Basic:
$
(1.54
)
$
0.43

$
0.76

$
(0.44
)
$
(0.84
)
Net (loss) income per share - Diluted:
$
(1.54
)
$
0.43

$
0.75

$
(0.44
)
$
(0.84
)
Dividends per share
$
0.25

$
0.26

$
0.26

$
0.26

$
1.03

 
 
 
 
 
 
 
2014
 
1st
2nd
3rd
4th
Total
Net sales
$
736.8

$
789.2

$
788.0

$
762.2

$
3,076.2

Gross profit(5)
218.1

233.6

225.5

220.8

898.0

Impairment and restructuring charges (6)
3.2

5.4

99.4

5.4

113.4

Pension settlement charges (7)
0.7



33.0

33.7

Income (loss) from continuing operations
60.3

57.6

(10.2
)
41.6

149.3

Income (loss) from discontinued operations
23.5

6.2

(11.0
)
5.3

24.0

Net income (loss) (8)
83.8

63.8

(21.2
)
46.9

173.3

Net income attributable to noncontrolling interests
0.3

1.1

0.7

0.4

2.5

Net income (loss) attributable to The Timken Company
83.5

62.7

(21.9
)
46.5

170.8

Net income (loss) per share - Basic:










Income (loss) from continuing operations
$
0.64

$
0.62

$
(0.12
)
$
0.46

$
1.62

Income (loss) from discontinuing operations
0.26

0.07

(0.12
)
0.06

0.27

Total net income (loss) per share
$
0.90

$
0.69

$
(0.24
)
$
0.52

$
1.89

Net income (loss) per share - Diluted:










Income (loss) from continuing operations
$
0.64

$
0.61

$
(0.12
)
$
0.46

$
1.61

Income (loss) from discontinued operations
0.26

0.07

(0.12
)
0.06

0.26

Total net income (loss) per share
$
0.90

$
0.68

$
(0.24
)
$
0.52

$
1.87

Dividends per share
$
0.25

$
0.25

$
0.25

$
0.25

$
1.00