Ticker
Reporting Basis
Period
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TIMKEN CO   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2018201720162015201420132012201120102009
Period End Date12/31/201812/31/201712/31/201612/31/201512/31/201412/31/201312/31/201212/31/201112/31/201012/31/2009
Sales3,580.803,003.802,669.802,872.303,076.203,035.403,359.505,170.204,055.503,141.60
Total Revenues3,580.803,003.802,669.802,872.303,076.203,035.403,359.505,170.204,055.503,141.60
Cost of Products Sold2,540.702,191.701,963.502,052.802,178.202,167.002,331.503,800.503,033.802,558.90
Gross Profit1,040.10812.10706.30819.50898.00868.401,028.001,369.701,021.70582.70
Selling, administrative and general expenses580.70508.30440.20457.70542.50546.60554.50626.20563.80472.70
Pension settlement charges------119.9033.707.20--------
Impairment and restructuring charges4.904.3021.7014.70113.408.7029.5014.4021.70164.10
Gain on divestitures------(28.70)------------
Loss on divestitures--------------------
Operating (loss) income454.50299.50244.40255.90208.40305.90444.00729.10436.20(54.10)
Interest expense51.7037.1033.5033.4028.7024.4031.1036.8038.2041.90
Gain on sale of real estate--------22.605.40--------
Interest income2.102.901.902.704.401.902.905.603.701.90
Other expense - net9.409.60(0.90)(7.50)(2.70)1.30(6.00)--1.80(0.10)
Receipt of Continued Dumping & Subsidy Offset Act (CDSOA)payment, net of expenses--------------------
Continued Dumping & Subsidy Offset Act(CDSOA) receipts, net of expense----59.60------108.00(1.10)2.00--
Non-service pension and other postretirement costs(6.20)(15.00)(69.90)--------------
Income (loss) before income taxes408.10259.90201.60217.70204.00290.10517.80696.80405.50(94.20)
Pre-Tax Income: United States202.00107.40102.3070.5039.50----527.60281.60(51.40)
Pre-Tax Income: Non-United States206.10152.5099.30147.20164.50----169.20123.90(42.80)
Provision for income taxes102.6057.6060.5026.3054.70114.60186.30240.20136.00(28.20)
Current Tax : Federal46.109.1044.1026.8061.1096.8058.9053.8048.30(51.80)
Current Tax : Foreign68.0044.3031.3016.3044.1039.3033.7055.1026.30(1.60)
Deferred Tax : Federal(19.90)13.60(20.50)(13.70)(46.90)(35.70)73.90117.7057.9033.20
Deferred Tax : Foreign(0.80)(9.40)5.40(4.60)(2.00)0.900.10(4.90)(0.30)(4.00)
Current Tax : State and local9.904.600.105.402.8011.502.106.802.602.40
Deferred Tax : State and local(0.70)(4.60)0.10(3.90)(4.40)1.8017.6011.701.20(6.40)
Income from Continuing Operations--------149.30175.50331.50--269.50(66.00)
Income from discontinued operations, net of income taxes--------24.0087.50164.40--7.40(72.60)
Income before cumulative effect of change in accounting principle--------------------
Cumulative effect of change in accounting principle--------------------
Net Income (loss)305.50202.30141.10191.40173.30263.00495.90456.60276.90(138.60)
Less: Net income (loss) attributable to noncontrolling interest2.70(1.10)0.302.802.500.300.402.302.10(4.60)
Net Income attributable to The Timken Company--------------454.30274.80--
Less: Undistributed earnings allocated to nonvested stock--------------1.601.20--
Net Income (Loss) Available to Common Shareholders302.80203.40140.80188.60170.80262.70495.50452.70273.60(134.00)
Earnings Per Share (Basic) - Cont Ops--------1.621.843.41--2.76(0.64)
EPS (Basic) : Disc Ops--------0.270.921.70--0.07(0.75)
Cumulative effect of change in accounting principle- Basic--------------------
Net Basic Earnings (Loss) Per Share3.932.621.792.231.892.765.114.652.83(1.39)
Earnings Per Share (Diluted) - Cont Ops--------1.611.823.38--2.73(0.64)
Earnings Per Share (Diluted) - Disc Ops--------0.260.921.69--0.08(0.75)
Cumulative effect of change in accounting principle- Diluted--------------------
Net Diluted Earnings (Loss) Per Share3.862.581.782.211.872.745.074.592.81(1.39)
Weighted average number of shares outstanding (basic)77.1277.7478.5284.6390.3794.9996.6797.4596.5496.14
Weighted average number of shares outstanding (Diluted)78.3478.9179.2385.3591.2295.8297.6098.6697.5296.14