Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Calculation of Net Earnings Per Common Share and Weighted Average Common Share Outstanding

The following is a reconciliation of net earnings of Flowserve Corporation and weighted average shares for calculating net earnings per common share. Earnings per weighted average common share outstanding was calculated as follows:

	Three Months Ended March 31,
(Amounts in thousands, except per share data)	2019		2018
Net earnings of Flowserve Corporation	$	57,261	$	15,143
Dividends on restricted shares not expected to vest	—		—
Earnings attributable to common and participating shareholders	$	57,261	$	15,143
Weighted average shares:
Common stock	130,962		130,713
Participating securities	20		48
Denominator for basic earnings per common share	130,982		130,761
Effect of potentially dilutive securities	550		334
Denominator for diluted earnings per common share	131,532		131,095
Earnings per common share:
Basic	$	0.44	$	0.12
Diluted	0.44		0.12