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v3.22.1

Basis of Presentation and Accounting Policies (Tables) | 3 Months Ended
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Mar. 31, 2022
Accounting Policies [Abstract] |
Restructuring and Related Costs | The following table presents the above impacts of the Russia pre-tax charge:
| Three Months Ended March 31, 2022
(Amounts in thousands) | Flowserve Pump Division |  | Flow Control Division |  | Consolidated Total
Sales | $ | (5,429) |  |  | $ | (2) |  |  | $ | (5,431) |
Cost of sales | 3,510 |  |  | 1,112 |  |  | 4,622 |
Gross loss | (8,939) |  |  | (1,114) |  |  | (10,053) |
Selling, general and administrative expense | 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 2020 Realignment Program:
| Three Months Ended March 31, 2022
(Amounts in thousands) | FPD |  | FCD |  | Subtotal–Reportable Segments |  | All Other |  | Consolidated Total
Realignment Charges |  |  |  |  |  |  |  |  |
Restructuring Charges |  |  |  |  |  |  |  |  |
COS | $ | 281 |  |  | $ | (5) |  |  | $ | 276 |  |  | $ | — |  |  | $ | 276 |
SG&A | — |  |  | — |  |  | — |  |  | — |  |  | — |
| $ | 281 |  |  | $ | (5) |  |  | $ | 276 |  |  | $ | — |  |  | $ | 276 |
Non-Restructuring Charges |  |  |  |  |  |  |  |  |
COS | $ | (364) |  |  | $ | (49) |  |  | $ | (413) |  |  | $ | (61) |  |  | $ | (474) |
SG&A | 75 |  |  | 17 |  |  | 92 |  |  | (293) |  |  | (201) |
| $ | (289) |  |  | $ | (32) |  |  | $ | (321) |  |  | $ | (354) |  |  | $ | (675) |
Total Realignment Charges |  |  |  |  |  |  |  |  |
COS | $ | (83) |  |  | $ | (54) |  |  | $ | (137) |  |  | $ | (61) |  |  | $ | (198) |
SG&A | 75 |  |  | 17 |  |  | 92 |  |  | (293) |  |  | (201) |
Total | $ | (8) |  |  | $ | (37) |  |  | $ | (45) |  |  | $ | (354) |  |  | $ | (399) |
| Three Months Ended March 31, 2021
(Amounts in thousands) | FPD |  | FCD |  | Subtotal–Reportable Segments |  | All Other |  | Consolidated Total
Realignment Charges |  |  |  |  |  |  |  |  |
Restructuring Charges |  |  |  |  |  |  |  |  |
COS | $ | 4,027 |  |  | $ | 299 |  |  | $ | 4,326 |  |  | $ | — |  |  | $ | 4,326 |
SG&A | — |  |  | (9) |  |  | (9) |  |  | — |  |  | (9) |
| $ | 4,027 |  |  | $ | 290 |  |  | $ | 4,317 |  |  | $ | — |  |  | $ | 4,317 |
Non-Restructuring Charges |  |  |  |  |  |  |  |  |
COS | $ | 3,892 |  |  | $ | 598 |  |  | $ | 4,490 |  |  | $ | 590 |  |  | $ | 5,080 |
SG&A | 157 |  |  | 868 |  |  | 1,025 |  |  | 3,280 |  |  | 4,305 |
| $ | 4,049 |  |  | $ | 1,466 |  |  | $ | 5,515 |  |  | $ | 3,870 |  |  | $ | 9,385 |
Total Realignment Charges |  |  |  |  |  |  |  |  |
COS | $ | 7,919 |  |  | $ | 897 |  |  | $ | 8,816 |  |  | $ | 590 |  |  | $ | 9,406 |
SG&A | 157 |  |  | 859 |  |  | 1,016 |  |  | 3,280 |  |  | 4,296 |
Total | $ | 8,076 |  |  | $ | 1,756 |  |  | $ | 9,832 |  |  | $ | 3,870 |  |  | $ | 13,702 |
The following is a summary of total inception to date charges, net of adjustments, related to the 2020 Realignment Program:
| Inception to Date
(Amounts in thousands) | FPD |  | FCD |  | Subtotal–Reportable Segments |  | All Other |  | Consolidated Total
Realignment Charges |  |  |  |  |  |  |  |  |
Restructuring Charges |  |  |  |  |  |  |  |  |
COS | $ | 26,156 |  |  | $ | 2,032 |  |  | $ | 28,188 |  |  | $ | — |  |  | $ | 28,188 |
SG&A | 716 |  |  | 333 |  |  | 1,049 |  |  | (17) |  |  | 1,032 |
| $ | 26,872 |  |  | $ | 2,365 |  |  | $ | 29,237 |  |  | $ | (17) |  |  | $ | 29,220 |
Non-Restructuring Charges |  |  |  |  |  |  |  |  |
COS | $ | 25,043 |  |  | $ | 674 |  |  | $ | 25,717 |  |  | $ | 581 |  |  | $ | 26,298 |
SG&A | 11,124 |  |  | 5,279 |  |  | 16,403 |  |  | 21,502 |  |  | 37,905 |
| $ | 36,167 |  |  | $ | 5,953 |  |  | $ | 42,120 |  |  | $ | 22,083 |  |  | $ | 64,203 |
Total Realignment Charges |  |  |  |  |  |  |  |  |
COS | $ | 51,199 |  |  | $ | 2,706 |  |  | $ | 53,905 |  |  | $ | 581 |  |  | $ | 54,486 |
SG&A | 11,840 |  |  | 5,612 |  |  | 17,452 |  |  | 21,485 |  |  | 38,937 |
Total | $ | 63,039 |  |  | $ | 8,318 |  |  | $ | 71,357 |  |  | $ | 22,066 |  |  | $ | 93,423 |

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