Basis of Presentation and Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2022

Accounting Policies [Abstract]

Restructuring and Related Costs

The following table presents the above impacts of the Russia pre-tax charge:

	Nine Months Ended September 30, 2022
(Amounts in thousands)	Flowserve Pump Division		Flow Control Division		Consolidated Total
Sales	$	(5,429)	$	(2)	$	(5,431)
Cost of sales ("COS")	3,510		1,112		4,622
Gross loss	(8,939)		(1,114)		(10,053)
Selling, general and administrative expense ("SG&A")	9,111		1,082		10,193
Operating loss	$	(18,050)	$	(2,196)	$	(20,246)

The following is a summary of total charges, net of adjustments, incurred related to our Realignment Program:

	Three Months Ended September 30, 2022
(Amounts in thousands)	FPD		FCD		Subtotal–Reportable Segments		All Other		Consolidated Total
Realignment Charges
Restructuring Charges
COS	$	(456)	$	26	$	(430)	$	—	$	(430)
SG&A	—		2		2		—		2
	$	(456)	$	28	$	(428)	$	—	$	(428)
Non-Restructuring Charges
COS	$	39	$	(4)	$	35	$	—	$	35
SG&A	74		5		79		18		97
	$	113	$	1	$	114	$	18	$	132
Total Realignment Charges
COS	$	(417)	$	22	$	(395)	$	—	$	(395)
SG&A	74		7		81		18		99
Total	$	(343)	$	29	$	(314)	$	18	$	(296)

	Three Months Ended September 30, 2021
(Amounts in thousands)	FPD		FCD		Subtotal–Reportable Segments		All Other		Consolidated Total
Realignment Charges
Restructuring Charges
COS	$	1,659	$	185	$	1,844	$	—	$	1,844
SG&A	38		(7)		31		—		31
	$	1,697	$	178	$	1,875	$	—	$	1,875
Non-Restructuring Charges
COS	$	614	$	124	$	738	$	—	$	738
SG&A	(290)		6		(284)		621		337
	$	324	$	130	$	454	$	621	$	1,075
Total Realignment Charges
COS	$	2,273	$	309	$	2,582	$	—	$	2,582
SG&A	(252)		(1)		(253)		621		368
Total	$	2,021	$	308	$	2,329	$	621	$	2,950

	Nine Months Ended September 30, 2022
(Amounts in thousands)	FPD		FCD		Subtotal–Reportable Segments		All Other		Consolidated Total
Realignment Charges
Restructuring Charges
COS	$	430	$	97	$	527	$	—	$	527
SG&A	—		2		2		—		2
	$	430	$	99	$	529	$	—	$	529
Non-Restructuring Charges
COS	$	(550)	$	(41)	$	(591)	$	(61)	$	(652)
SG&A	150		55		205		(248)		(43)
	$	(400)	$	14	$	(386)	$	(309)	$	(695)
Total Realignment Charges
COS	$	(120)	$	56	$	(64)	$	(61)	$	(125)
SG&A	150		57		207		(248)		(41)
Total	$	30	$	113	$	143	$	(309)	$	(166)

	Nine Months Ended September 30, 2021
(Amounts in thousands)	FPD		FCD		Subtotal–Reportable Segments		All Other		Consolidated Total
Realignment Charges
Restructuring Charges
COS	$	7,702	$	655	$	8,357	$	—	$	8,357
SG&A	705		(17)		688		—		688
	$	8,407	$	638	$	9,045	$	—	$	9,045
Non-Restructuring Charges
COS	$	6,064	$	802	$	6,866	$	590	$	7,456
SG&A	205		744		949		4,816		5,765
	$	6,269	$	1,546	$	7,815	$	5,406	$	13,221
Total Realignment Charges
COS	$	13,766	$	1,457	$	15,223	$	590	$	15,813
SG&A	910		727		1,637		4,816		6,453
Total	$	14,676	$	2,184	$	16,860	$	5,406	$	22,266

The following is a summary of total inception to date charges, net of adjustments, related to the Realignment Program:

	Inception to Date
(Amounts in thousands)	FPD		FCD		Subtotal–Reportable Segments		All Other		Consolidated Total
Realignment Charges
Restructuring Charges
COS	$	26,306	$	2,133	$	28,439	$	—	$	28,439
SG&A	716		335		1,051		(17)		1,034
	$	27,022	$	2,468	$	29,490	$	(17)	$	29,473
Non-Restructuring Charges
COS	$	24,858	$	681	$	25,539	$	581	$	26,120
SG&A	11,199		5,317		16,516		21,547		38,063
	$	36,057	$	5,998	$	42,055	$	22,128	$	64,183
Total Realignment Charges
COS	$	51,164	$	2,814	$	53,978	$	581	$	54,559
SG&A	11,915		5,652		17,567		21,530		39,097
Total	$	63,079	$	8,466	$	71,545	$	22,111	$	93,656