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Earnings Per Share
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
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 six months ended June 30, 2016 and 2015:
  
Three Months Ended
June 30,
Six Months Ended
June 30,
  
2016
2015
2016
2015
Numerator:
 
 
 
 
Net income (loss) attributable to The Timken Company
$
44.9

$
36.7

$
107.9

$
(98.5
)
Less: undistributed earnings allocated to nonvested stock
—

—

—

—

Net income (loss) available to common shareholders for basic earnings per share and diluted earnings per share
$
44.9

$
36.7

$
107.9

$
(98.5
)
Denominator:
 
 
 
 
Weighted average number of shares outstanding, basic
78,671,509

85,326,526

79,225,703

86,514,517

Effect of dilutive securities:
 
 
 
 
Stock options and awards based on the treasury stock method
641,265

830,249

654,519

—

   Weighted average number of shares outstanding, assuming dilution
     of stock options and awards
79,312,774

86,156,775

79,880,222

86,514,517

Basic earnings (loss) per share
$
0.57

$
0.43

$
1.36

$
(1.14
)
Diluted earnings (loss) per share
$
0.57

$
0.43

$
1.35

$
(1.14
)


The exercise prices for certain stock options that the Company has awarded exceed the average market price of the Company’s common shares. Such stock options are antidilutive and were not included in the computation of diluted earnings per share. The antidilutive stock options outstanding during the three months ended June 30, 2016 and 2015 were 3,440,775 and 1,618,201, respectively. During the six months ended June 30, 2016, the antidilutive stock options outstanding were 3,266,844. During the six months ended June 30, 2015, the Company incurred a net loss and therefore treated all stock options and restricted stock units as antidilutive.