XML 71 R54.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Quarterly Financial Data [Abstract] |
Summary of the Unaudited Quarterly Data | The following presents a summary of the unaudited quarterly data for 2021 and 2020 (amounts in millions, except per share data):
|  | 2021
Quarter |  | 4th |  | 3rd |  | 2nd |  | 1st
Sales |  | $ | 919.5 |  |  | $ | 866.1 |  |  | $ | 898.2 |  |  | $ | 857.3 |
Gross profit |  | 267.1 |  |  | 253.5 |  |  | 278.2 |  |  | 250.9 |
Earnings before income taxes |  | 20.8 |  |  | 41.4 |  |  | 50.5 |  |  | 21.0 |
Net earnings attributable to Flowserve Corporation |  | 16.7 |  |  | 49.8 |  |  | 45.4 |  |  | 14.1 |
Earnings per share(1): |  |  |  |  |  |  |  |
Basic |  | $ | 0.13 |  |  | $ | 0.38 |  |  | $ | 0.35 |  |  | $ | 0.11 |
Diluted |  | 0.13 |  |  | 0.38 |  |  | 0.35 |  |  | 0.11 |
|  | 2020
Quarter |  | 4th |  | 3rd |  | 2nd |  | 1st
Sales |  | $ | 985.3 |  |  | $ | 924.3 |  |  | $ | 925.0 |  |  | $ | 893.5 |
Gross profit |  | 295.4 |  |  | 285.2 |  |  | 269.7 |  |  | 266.5 |
Earnings before income taxes |  | 60.4 |  |  | 78.0 |  |  | 12.8 |  |  | 51.2 |
Net earnings attributable to Flowserve Corporation |  | 56.1 |  |  | 56.1 |  |  | 6.1 |  |  | 12.1 |
Earnings per share(1): |  |  |  |  |  |  |  |
Basic |  | $ | 0.43 |  |  | $ | 0.43 |  |  | $ | 0.05 |  |  | $ | 0.09 |
Diluted |  | 0.43 |  |  | 0.43 |  |  | 0.05 |  |  | 0.09 |
_______________________________________ (1)Earnings per share is computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in weighted average quarterly shares outstanding or rounding. Our Quarterly Reports on Form 10-Q filed for the respective periods in 2020 were adjusted to reflect the impact of the revision as described in Note 2 of this Annual Report.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialDataAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124502072&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration