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Earnings Per Share
 3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
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)20212020
Net earnings of Flowserve Corporation$14,080 $12,123 
Dividends on restricted shares not expected to vest— — 
Earnings attributable to common and participating shareholders$14,080 $12,123 
Weighted average shares:  
Common stock130,406 130,731 
Participating securities21 23 
Denominator for basic earnings per common share130,427 130,754 
Effect of potentially dilutive securities579 819 
Denominator for diluted earnings per common share131,006 131,573 
Earnings per common share:  
Basic$0.11 $0.09 
Diluted0.11 0.09 
Diluted earnings per share above is based upon the weighted average number of shares as determined for basic earnings per share plus shares potentially issuable in conjunction with stock options and Restricted Shares.