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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Sales $ 996,544 $ 952,716 $ 2,876,679 $ 2,845,798
Cost of sales (662,855) (644,215) (1,930,881) (1,979,807)
Gross profit 333,689 308,501 945,798 865,991
Selling, general and administrative expense (226,216) (241,878) (655,046) (711,845)
Loss on sale of businesses 0 (7,727) 0 (7,727)
Net earnings from affiliates 2,087 3,295 8,057 7,908
Operating income 109,560 62,191 298,809 154,327
Interest expense (13,981) (13,826) (42,025) (43,645)
Interest income 2,253 1,269 6,494 4,237
Other income (expense), net (1,622) (5,283) (8,098) (17,206)
Earnings before income taxes 96,210 44,351 255,180 97,713
Provision for income taxes (25,647) (14,912) (64,646) (37,028)
Net earnings, including noncontrolling interests 70,563 29,439 190,534 60,685
Less: Net earnings attributable to noncontrolling interests (2,120) (1,234) (6,659) (4,117)
Net earnings attributable to Flowserve Corporation $ 68,443 $ 28,205 $ 183,875 $ 56,568
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic (in dollars per share) $ 0.52 $ 0.22 $ 1.40 $ 0.43
Diluted (in dollars per share) $ 0.52 $ 0.21 $ 1.40 $ 0.43