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Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Calculation of Net Earnings Per Common Share and Weighted Average Common Share Outstanding
The following is a reconciliation of net earnings of Flowserve Corporation and weighted average shares for calculating net earnings (loss) per common share. Earnings (loss) per weighted average common share outstanding was calculated as follows:
 
Three Months Ended March 31,
(Amounts in thousands, except per share data)20222021
Net earnings (loss) of Flowserve Corporation$(15,820)$14,080 
Dividends on restricted shares not expected to vest— — 
Earnings (loss) attributable to common and participating shareholders$(15,820)$14,080 
Weighted average shares:  
Common stock130,410 130,406 
Participating securities— 21 
Denominator for basic earnings per common share130,410 130,427 
Effect of potentially dilutive securities— 579 
Denominator for diluted earnings per common share130,410 131,006 
Earnings (loss) per common share:  
Basic$(0.12)$0.11 
Diluted(0.12)0.11