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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Sales $ 924,965 $ 990,084 $ 1,819,422 $ 1,880,135
Cost of sales (657,805) (672,051) (1,286,285) (1,268,026)
Gross profit 267,160 318,033 533,137 612,109
Selling, general and administrative expense (227,358) (223,676) (470,980) (428,830)
Net earnings from affiliates 3,086 3,661 6,283 5,970
Operating income 42,888 98,018 68,440 189,249
Interest expense (12,900) (14,013) (25,863) (28,044)
Interest income 1,149 2,218 2,898 4,241
Other income (expense), net (14,941) (3,336) 8,521 (6,476)
Earnings before income taxes 16,196 82,887 53,996 158,970
Provision for income taxes (5,409) (22,413) (41,719) (38,999)
Net earnings, including noncontrolling interests 10,787 60,474 12,277 119,971
Less: Net earnings attributable to noncontrolling interests (2,142) (2,302) (4,242) (4,538)
Net earnings attributable to Flowserve Corporation $ 8,645 $ 58,172 $ 8,035 $ 115,433
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic (in dollars per share) $ 0.07 $ 0.44 $ 0.06 $ 0.88
Diluted (in dollars per share) $ 0.07 $ 0.44 $ 0.06 $ 0.88