XML 48 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
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 six months ended June 30, 2018 and 2017, respectively:
 
Three Months Ended
June 30,
Six Months Ended
June 30,
 
2018
2017
2018
2017
Numerator:
 
 
 
 
Net income attributable to The Timken Company
$
91.0

$
82.5

$
171.2

$
120.7

 Less: undistributed earnings allocated to nonvested stock




Net income available to common shareholders for
basic and diluted earnings per share
$
91.0

$
82.5

$
171.2

$
120.7

Denominator:
 
 
 
 
Weighted average number of shares outstanding - basic
77,360,159

77,931,576

77,544,365

77,814,438

Effect of dilutive securities:
 
 
 
 
Stock options and awards - based on the treasury stock method
1,136,139

1,097,821

1,207,586

1,129,991

 Weighted average number of shares outstanding, assuming
  dilution of stock options and awards
78,496,298

79,029,397

78,751,951

78,944,429

Basic earnings per share
$
1.18

$
1.06

$
2.21

$
1.55

Diluted earnings per share
$
1.16

$
1.04

$
2.17

$
1.53