TimkenSteel-2014-Annual-Report-FINAL-03112015_v001_d4t4ig
TimkenSteel-2014-Annual-Report-FINAL-03112015_v001_d4t4ig
TimkenSteel-2014-Annual-Report-FINAL-03112015_v001_d4t4ig
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ITEM 6. SELECTED FINANCIAL DATA<br />
The Consolidated Financial Statements for periods prior to the separation include the historical results<br />
of operations, assets and liabilities of the legal entities that are considered to comprise <strong>TimkenSteel</strong>. Our<br />
historical results of operations, financial position, and cash flows presented in the Consolidated Financial<br />
Statements for periods prior to the separation may not be indicative of what they would have been had<br />
we actually been a separate stand-alone entity during such periods, nor are they necessarily indicative of<br />
our future results of operations, financial position and cash flows.<br />
Years Ended December 31,<br />
(dollars and shares in millions, except per share data) <strong>2014</strong> 2013 2012 2011 2010<br />
Statement of Income Data:<br />
Net sales $ 1,674.2 $ 1,380.9 $ 1,728.7 $ 1,956.5 $ 1,359.5<br />
Net income 104.4 89.5 155.2 167.2 80.2<br />
Earnings per share (1) :<br />
Basic $ 2.29 $ 1.96 $ 3.39 $ 3.66 $ 1.75<br />
Diluted $ 2.27 $ 1.94 $ 3.36 $ 3.62 $ 1.73<br />
Cash dividends declared per share $ 0.28 $ – $ – $ – $ –<br />
Weighted average shares outstanding, diluted 46.0 46.2 46.2 46.2 46.2<br />
Balance Sheet Data:<br />
Total assets (as of period end) $ 1,364.1 $ 1,078.8 $ 960.7 $ 982.1 $ 834.9<br />
Long-term debt (as of period end) 185.2 30.2 30.2 30.2 38.7<br />
(1)<br />
See Note 9 – “Earnings Per Share” in the Notes to the Consolidated Financial Statements.<br />
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