Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Data [Abstract]

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED)

The following presents a summary of the unaudited quarterly data for 2019 and 2018 (amounts in millions, except per share data):

	2019
Quarter	4th		3rd		2nd		1st
Sales	$	1,068.2	$	996.5	$	990.1	$	890.1
Gross profit	349.6		333.7		318.0		294.1
Earnings before income taxes	86.7		96.2		82.9		76.1
Net earnings attributable to Flowserve Corporation	69.8		68.4		58.2		57.3
Earnings per share(1):
Basic	$	0.53	$	0.52	$	0.44	$	0.44
Diluted	0.53		0.52		0.44		0.44

	2018
Quarter	4th		3rd		2nd		1st
Sales	$	986.9	$	952.7	$	973.1	$	920.0
Gross profit	321.8		308.5		286.1		271.4
Earnings before income taxes	78.6		44.4		28.3		25.0
Net earnings attributable to Flowserve Corporation	63.1		28.2		13.2		15.1
Earnings per share(1):
Basic	$	0.48	$	0.22	$	0.10	$	0.12
Diluted	0.48		0.21		0.10		0.12

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(1)

Earnings per share is computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in weighted average quarterly shares outstanding.