Earnings Per Share

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

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 months ended March 31, 2013 and 2012:

	Three Months Ended March 31,
	2013		2012
Numerator:
Net income attributable to The Timken Company	$	75.1	$	155.7
Less: undistributed earnings allocated to nonvested stock	0.1		0.4
Net income available to common shareholders for basic   earnings per share and diluted earnings per share	$	75.0	$	155.3
Denominator:
Weighted average number of shares outstanding, basic	95,848,450		97,451,935
Effect of dilutive securities:
Stock options and awards based on the treasury    stock method	975,033		1,135,687
Weighted average number of shares outstanding, assuming       dilution of stock options and awards	96,823,483		98,587,622
Basic earnings per share	$	0.78	$	1.59
Diluted earnings per share	$	0.77	$	1.58

The exercise prices for certain stock options that the Company has awarded exceed the average market price of the Company’s common shares. Such stock options are antidilutive and were not included in the computation of diluted earnings per share. The antidilutive stock options outstanding during the three months ended March 31, 2013 and 2012 were 307,240 and 306,970, respectively.