XML 67 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Quarterly Financial Data (Tables)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
 
2017
 
1st
2nd
3rd
4th
Total
Net sales
$
703.8

$
750.6

$
771.4

$
778.0

$
3,003.8

Gross profit (1)
180.5

201.8

217.0

211.1

810.4

Selling, general and administrative expenses (1)
119.6

123.8

134.0

144.0

521.4

Impairment and restructuring charges
1.7

0.8

1.3

0.5

4.3

Net income (2)
38.1

82.0

54.1

28.1

202.3

Net (loss) income attributable to noncontrolling interests
(0.1
)
(0.5
)
0.6

(1.1
)
(1.1
)
Net income attributable to The Timken Company
38.2

82.5

53.5

29.2

203.4

Net income per share - Basic:
$
0.49

$
1.06

$
0.69

$
0.38

$
2.62

Net income per share - Diluted:
$
0.48

$
1.04

$
0.68

$
0.37

$
2.58

Dividends per share
$
0.26

$
0.27

$
0.27

$
0.27

$
1.07

 
 
 
 
 
 
 
2016
 
1st
2nd
3rd
4th
Total
Net sales
$
684.0

$
673.6

$
657.4

$
654.8

$
2,669.8

Gross profit (3)
183.1

184.5

169.7

131.2

668.5

Selling, general and administrative expenses (3)
116.1

108.0

107.2

139.4

470.7

Impairment and restructuring charges (4)
10.5

2.9

5.3

3.0

21.7

Net income (loss) (5)
65.8

48.2

34.0

(6.9
)
141.1

Net income (loss) attributable to noncontrolling interests
(0.1
)
—

0.4

—

0.3

Net income (loss) attributable to The Timken Company
65.9

48.2

33.6

(6.9
)
140.8

Net income (loss) per share - Basic:
$
0.83

$
0.61

$
0.43

$
(0.09
)
$
1.79

Net income (loss) per share - Diluted:
$
0.82

$
0.61

$
0.43

$
(0.09
)
$
1.78

Dividends per share
$
0.26

$
0.26

$
0.26

$
0.26

$
1.04