Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

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, 2020 and 2019, respectively:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Numerator:
Net income attributable to The Timken Company	$	88.8	$	64.2	$	231.4	$	248.6
Less: undistributed earnings allocated to nonvested stock	—		—		—		—
Net income available to common shareholders for basic and diluted earnings per share	$	88.8	$	64.2	$	231.4	$	248.6
Denominator:
Weighted average number of shares outstanding - basic	75,223,462		75,628,410		75,288,567		75,864,544
Effect of dilutive securities:
Stock options and awards - based on the treasury stock method	1,062,674		964,284		843,353		1,037,882
Weighted average number of shares outstanding assuming dilution of stock options and awards	76,286,136		76,592,694		76,131,920		76,902,426
Basic earnings per share	$	1.18	$	0.85	$	3.07	$	3.28
Diluted earnings per share	$	1.16	$	0.84	$	3.04	$	3.23