XML 20 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Statement of Comprehensive Income [Abstract]      
Net earnings, including noncontrolling interests $ 273,274 $ 524,885 $ 488,320
Other comprehensive (loss) income:      
Foreign currency translation adjustments, net of taxes of $104,174, $88,730 and $17,351 in 2015, 2014 and 2013, respectively (174,889) (148,580) (28,870)
Pension and other postretirement effects, net of taxes of $(6,843), $8,698 and $(20,218) in 2015, 2014 and 2013, respectively 14,937 (5,870) 32,229
Cash flow hedging activity, net of taxes of $(862), $1,937 and $(483) in 2015, 2014 and 2013, respectively 1,752 (4,396) (560)
Other comprehensive (loss) income (158,200) [1] (158,846) [1] 2,799
Comprehensive income, including noncontrolling interests 115,074 366,039 491,119
Comprehensive income attributable to noncontrolling interests (7,036) (6,144) (2,756)
Comprehensive income attributable to Flowserve Corporation $ 108,038 $ 359,895 $ 488,363
[1] Includes foreign currency translation adjustments attributable to noncontrolling interests of $2.7 million, $1.3 million and $1.2 million for December 31, 2015, 2014 and 2013, respectively. Foreign currency translation impact primarily represents the weakening of the Euro, Brazilian real and Argentine peso exchange rates versus the U.S. dollar for the period. Additionally, includes net investment hedge losses of $4.2 million, net of deferred taxes, for the year ended December 31, 2015. Amounts in parentheses indicate debits.