XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Sales $ 919,954 $ 866,318
Cost of sales (648,521) (597,332)
Gross profit 271,433 268,986
Selling, general and administrative expense (229,176) (221,772)
Net earnings from affiliates (3,168) (3,455)
Operating income 45,425 50,669
Interest expense (14,879) (14,696)
Interest income 1,639 624
Other expense, net (7,155) (11,988)
Earnings before income taxes 25,030 24,609
Provision for income taxes (8,571) (5,320)
Net earnings, including noncontrolling interests 16,459 19,289
Less: Net earnings attributable to noncontrolling interests (1,316) (239)
Net earnings attributable to Flowserve Corporation $ 15,143 $ 19,050
Net earnings per share attributable to Flowserve Corporation common shareholders:    
Basic (in dollars per share) $ 0.12 $ 0.15
Diluted (in dollars per share) 0.12 0.15
Cash dividends declared per share (in dollars per share) $ 0.19 $ 0.19