Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2011

Earnings Per Share [Abstract]

Calculation of net earnings per common share and weighted average common share outstanding

	Three Months Ended September 30,
(Amounts in thousands, except per share data)	2011		2010
Net earnings of Flowserve Corporation	$	107,771	$	103,919
Dividends on restricted shares not expected to vest		4		4
Earnings attributable to common and participating shareholders	$	107,775	$	103,923
Weighted average shares:
Common stock		55,381		55,499
Participating securities		262		311
Denominator for basic earnings per common share		55,643		55,810
Effect of potentially dilutive securities		518		576
Denominator for diluted earnings per common share		56,161		56,386
Earnings per common share:
Basic	$	1.94	$	1.86
Diluted		1.92		1.84
	Nine Months Ended September 30,
(Amounts in thousands, except per share data)	2011		2010
Net earnings of Flowserve Corporation	$	303,484	$	275,787
Dividends on restricted shares not expected to vest		11		12
Earnings attributable to common and participating shareholders	$	303,495	$	275,799
Weighted average shares:
Common stock		55,407		55,448
Participating securities		275		338
Denominator for basic earnings per common share		55,682		55,786
Effect of potentially dilutive securities		565		667
Denominator for diluted earnings per common share		56,247		56,453
Earnings per common share:
Basic	$	5.45	$	4.94
Diluted		5.40		4.89