Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

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)	2024		2023
Net earnings of Flowserve Corporation	$	74,220	$	26,766
Earnings attributable to common and participating shareholders	$	74,220	$	26,766
Weighted average shares:
Common stock	131,464		130,886
Participating securities	46		44
Denominator for basic earnings per common share	131,510		130,930
Effect of potentially dilutive securities	858		824
Denominator for diluted earnings per common share	132,368		131,754
Earnings per common share:
Basic	$	0.56	$	0.20
Diluted	0.56		0.20