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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Sales $ 872,881 $ 866,118 $ 2,576,161 $ 2,621,604
Cost of sales (633,304) (612,626) (1,877,108) (1,838,974)
Gross profit 239,577 253,492 699,053 782,630
Selling, general and administrative expense (221,142) (200,862) (621,956) (609,965)
Gain on sale of business     0 1,806
Net earnings from affiliates 5,782 4,732 14,821 11,157
Operating income 24,217 57,362 91,918 185,628
Interest expense (11,582) (14,746) (33,337) (45,847)
Loss on extinguishment of debt 0 (563) 0 (8,173)
Interest income 1,141 827 2,938 1,893
Other income (expense), net 28,676 (1,504) 28,152 (20,717)
Earnings before income taxes 42,452 41,376 89,671 112,784
(Provision for) benefit from income taxes (1,817) 10,433 (16,618) 3,929
Net earnings, including noncontrolling interests 40,635 51,809 73,053 116,713
Less: Net earnings attributable to noncontrolling interests (2,235) (2,024) (5,694) (7,495)
Net earnings attributable to Flowserve Corporation $ 38,400 $ 49,785 $ 67,359 $ 109,218
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic (in dollars per share) $ 0.29 $ 0.38 $ 0.52 $ 0.84
Diluted (in dollars per share) $ 0.29 $ 0.38 $ 0.51 $ 0.83
Weighted average shares - basic (in shares) 130,703,000 130,242,000 130,604,000 130,325,000
Weighted average shares - diluted (in shares) 131,402,000 130,789,000 131,233,000 130,867,000