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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 703.8 $ 684.0
Cost of products sold 523.3 500.9
Gross Profit 180.5 183.1
Selling, general and administrative expenses 119.6 116.1
Impairment and restructuring charges 1.7 10.5
Pension Settlement Charges 0.0 1.2
Operating Income (Loss) 59.2 55.3
Interest expense (7.9) (8.4)
Investment Income, Interest 0.6 0.3
Continued Dumping & Subsidy Offset Act (CDSOA) receipts, net of expense 0.0 47.7
Other (expense) income, net 1.7 0.0
Income (Loss) Before Income Taxes 53.6 94.9
Provision (benefit) for income taxes 15.5 29.1
Net Income 38.1 65.8
Net (loss) income attributable to noncontrolling interest (0.1) (0.1)
Net Income (loss) attributable to The Timken Company 38.2 65.9
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $ 38.2 $ 65.9
Net Income per Common Share attributable to The Timken Company Common Shareholders    
Basic earnings per share $ 0.49 $ 0.83
Diluted earnings per share 0.48 0.82
Common Stock, Dividends, Per Share, Declared $ 0.26 $ 0.26