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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements of Income [Abstract]        
Sales $ 1,125,752 $ 961,096 $ 2,122,959 $ 1,920,002
Cost of sales (756,414) (617,731) (1,405,926) (1,228,327)
Gross profit 369,338 343,365 717,033 691,675
Selling, general and administrative expense (232,983) (201,330) (455,622) (412,570)
Net earnings from affiliates 3,751 3,994 8,948 9,099
Operating income 140,106 146,029 270,359 288,204
Interest expense (9,534) (8,682) (18,139) (17,677)
Interest income 394 406 883 740
Other income (expense), net 5,985 (12,304) 14,474 (33,837)
Earnings before income taxes 136,951 125,449 267,577 237,430
Provision for income taxes (38,227) (33,645) (71,857) (65,420)
Net earnings, including noncontrolling interests 98,724 91,804 195,720 172,010
Less: Net loss (earnings) attributable to noncontrolling interests 8 (157) (5) (142)
Net earnings attributable to Flowserve Corporation $ 98,732 $ 91,647 $ 195,715 $ 171,868
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic $ 1.77 $ 1.64 $ 3.51 $ 3.08
Diluted $ 1.76 $ 1.62 $ 3.48 $ 3.04
Cash dividends declared per share $ 0.32 $ 0.29 $ 0.64 $ 0.58