XML 56 R44.htm IDEA: XBRL DOCUMENT v3.21.2
Revision to Previously Reported Financial Information - Income Statement (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Error Corrections and Prior Period Adjustments Restatement [Line Items]            
Other income (expense), net $ (1,504) $ (18,742) $ 4,673 $ (20,717) $ 23,969 $ 5,226
Earnings before income taxes 41,376 60,383 77,958 112,784 141,909 202,292
(Provision for) benefit from income taxes 10,433 (767) (19,196) 3,929 (60,650) (61,417)
Net earnings, including noncontrolling interests 51,809 59,616 58,762 116,713 81,259 140,875
Net earnings of Flowserve Corporation $ 49,785 $ 56,051 $ 56,115 $ 109,218 $ 74,369 $ 130,420
Basic (in dollars per share) $ 0.38 $ 0.43 $ 0.43 $ 0.84 $ 0.57 $ 1.00
Diluted (in dollars per share) $ 0.38 $ 0.43 $ 0.43 $ 0.83 $ 0.57 $ 1.00
As Reported            
Error Corrections and Prior Period Adjustments Restatement [Line Items]            
Other income (expense), net   $ (17,811) $ (963)   $ 7,558 $ (10,254)
Earnings before income taxes   61,314 72,322   125,498 186,812
(Provision for) benefit from income taxes   (856) (18,672)   (59,175) (60,031)
Net earnings, including noncontrolling interests   60,458 53,650   66,323 126,781
Net earnings of Flowserve Corporation   $ 56,893 $ 51,003   $ 59,433 $ 116,326
Basic (in dollars per share)   $ 0.44 $ 0.39   $ 0.46 $ 0.89
Diluted (in dollars per share)   $ 0.43 $ 0.39   $ 0.45 $ 0.89
Adjustments | Foreign Currency Transactions            
Error Corrections and Prior Period Adjustments Restatement [Line Items]            
Other income (expense), net   $ (931) $ 5,636   $ 16,411 $ 15,480
Earnings before income taxes   (931) 5,636   16,411 15,480
(Provision for) benefit from income taxes   89 (524)   (1,475) (1,386)
Net earnings, including noncontrolling interests   (842) 5,112   14,936 14,094
Net earnings of Flowserve Corporation   $ (842) $ 5,112   $ 14,936 $ 14,094
Basic (in dollars per share)   $ (0.01) $ 0.04   $ 0.11 $ 0.11
Diluted (in dollars per share)   $ 0 $ 0.04   $ 0.12 $ 0.11