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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Sales $ 882,222 $ 898,178 $ 1,703,280 $ 1,755,486
Cost of sales (632,393) (619,940) (1,243,803) (1,226,348)
Gross profit 249,829 278,238 459,477 529,138
Selling, general and administrative expense (194,606) (210,789) (400,816) (409,104)
Gain on sale of business 0 1,806 0 1,806
Net earnings from affiliates 5,109 2,907 9,039 6,425
Operating income 60,332 72,162 67,700 128,265
Interest expense (11,062) (14,322) (21,755) (31,101)
Loss on extinguishment of debt     0 (7,610)
Interest income 854 465 1,797 1,067
Other income (expense), net 7,589 (7,850) (524) (19,213)
Earnings before income taxes 57,713 50,455 47,218 71,408
Provision for income taxes (11,618) (2,711) (14,800) (6,503)
Net earnings, including noncontrolling interests 46,095 47,744 32,418 64,905
Less: Net earnings attributable to noncontrolling interests (1,318) (2,390) (3,458) (5,471)
Net earnings attributable to Flowserve Corporation $ 44,777 $ 45,354 $ 28,960 $ 59,434
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic (in dollars per share) $ 0.34 $ 0.35 $ 0.22 $ 0.46
Diluted (in dollars per share) $ 0.34 $ 0.35 $ 0.22 $ 0.45
Weighted average shares - basic (in shares) 130,666,000 130,305,000 130,554,000 130,366,000
Weighted average shares - diluted (in shares) 131,245,000 130,804,000 131,148,000 130,905,000