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Segment Information
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment Information
Segment Information

In connection with the Flowserve 2.0 Transformation program, which is discussed and defined in Note 17, we have determined that there are meaningful operational synergies and benefits to combining our previously reported EPD and IPD segments into one reportable segment, FPD. During the first quarter of 2019 we implemented a reorganization of our operating segments. The reorganization of the segments reflects how our chief operating decision maker (Chief Executive Officer) regularly reviews financial information to allocate resources and assess performance.
The following is a summary of the financial information of the reportable segments reconciled to the amounts reported in the condensed consolidated financial statements:
Three Months Ended September 30, 2019
 (Amounts in thousands)
FPD
 
FCD
 
Subtotal–Reportable Segments
 
Eliminations and All Other
 
Consolidated Total
Sales to external customers
$
682,798

 
$
313,746

 
$
996,544

 
$

 
$
996,544

Intersegment sales
(52
)
 
1,066

 
1,014

 
(1,014
)
 

Segment operating income
85,461

 
50,046

 
135,507

 
(25,947
)
 
109,560

 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2018
 
FPD
 
FCD
 
Subtotal–Reportable Segments
 
Eliminations and All Other
 
Consolidated Total
Sales to external customers
$
647,298

 
$
305,418

 
$
952,716

 
$

 
$
952,716

Intersegment sales
667

 
761

 
1,428

 
(1,428
)
 

Segment operating income
56,480

 
56,430

 
112,910

 
(50,719
)
 
62,191

Nine Months Ended September 30, 2019
 (Amounts in thousands)
FPD
 
FCD
 
Subtotal–Reportable Segments
 
Eliminations and All Other
 
Consolidated Total
Sales to external customers
$
1,965,523

 
$
911,156

 
$
2,876,679

 
$

 
$
2,876,679

Intersegment sales
1,249

 
2,716

 
3,965

 
(3,965
)
 

Segment operating income
242,085

 
140,628

 
382,713

 
(83,904
)
 
298,809

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2018
 
FPD
 
FCD
 
Subtotal–Reportable Segments
 
Eliminations and All Other
 
Consolidated Total
Sales to external customers
$
1,958,806

 
$
886,992

 
$
2,845,798

 
$

 
$
2,845,798

Intersegment sales
2,038

 
2,890

 
4,928

 
(4,928
)
 

Segment operating income
122,760

 
136,741

 
259,501

 
(105,174
)
 
154,327