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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2016
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, 2016 and 2015:
 
Three Months Ended
September 30,
Nine Months Ended
September 30,
 
2016
2015
2016
2015
Numerator:
 
 
 
 
Net income (loss) attributable to The Timken Company
$
20.6

$
63.4

$
128.5

$
(35.1
)
  Less: undistributed earnings allocated to nonvested stock
—

—

—

—

Net income (loss) available to common shareholders for basic
earnings per share and diluted earnings per share
$
20.6

$
63.4

$
128.5

$
(35.1
)
Denominator:
 
 
 
 
Weighted average number of shares outstanding, basic
77,935,783

83,671,931

78,808,179

85,578,800

Effect of dilutive securities:
 
 
 
 
Stock options and awards based on the treasury stock method
681,693

473,820

663,577

—

  Weighted average number of shares outstanding, assuming dilution
of stock options and awards
78,617,476

84,145,751

79,471,756

85,578,800

Basic earnings (loss) per share
$
0.26

$
0.76

$
1.63

$
(0.41
)
Diluted earnings (loss) per share
$
0.26

$
0.75

$
1.62

$
(0.41
)