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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Sales $ 973,129 $ 877,063 $ 1,893,083 $ 1,743,381
Cost of sales (687,072) (631,603) (1,335,593) (1,228,934)
Gross profit 286,057 245,460 557,490 514,447
Selling, general and administrative expense (240,791) (252,530) (469,966) (474,304)
Gain on sale of business 0 131,294 0 131,294
Net earnings from affiliates 1,445 2,654 4,613 6,109
Operating income 46,711 126,878 92,137 177,546
Interest expense (14,939) (14,951) (29,818) (29,646)
Interest income 1,330 641 2,968 1,265
Other expense, net (4,770) (9,496) (11,925) (21,483)
Earnings before income taxes 28,332 103,072 53,362 127,682
Provision for income taxes (13,545) (60,887) (22,116) (66,208)
Net earnings, including noncontrolling interests 14,787 42,185 31,246 61,474
Less: Net earnings attributable to noncontrolling interests (1,567) (307) (2,883) (545)
Net earnings attributable to Flowserve Corporation $ 13,220 $ 41,878 $ 28,363 $ 60,929
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic (in dollars per share) $ 0.10 $ 0.32 $ 0.22 $ 0.47
Diluted (in dollars per share) 0.10 0.32 0.22 0.46
Cash dividends declared per share (in dollars per share) $ 0.19 $ 0.19 $ 0.38 $ 0.38