Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

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)	2020		2019
Net earnings (loss) of Flowserve Corporation	$	(610)	$	57,261
Dividends on restricted shares not expected to vest	—		—
Earnings (loss) attributable to common and participating shareholders	$	(610)	$	57,261
Weighted average shares:
Common stock	130,731		130,962
Participating securities	—		20
Denominator for basic earnings per common share	130,731		130,982
Effect of potentially dilutive securities	—		550
Denominator for diluted earnings per common share	130,731		131,532
Earnings (loss) per common share:
Basic	$	—	$	0.44
Diluted	—		0.44