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Earnings Per Share
 12 Months Ended
Dec. 31, 2022
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:
 Year Ended December 31,
202220212020
 (Amounts in thousands, except per share data)
Net earnings of Flowserve Corporation$188,689 $125,949 $130,420 
Dividends on restricted shares not expected to vest— — — 
Earnings attributable to common and participating shareholders$188,689 $125,949 $130,420 
Weighted average shares:   
Common stock130,591 130,277 130,373 
Participating securities39 28 22 
Denominator for basic earnings per common share130,630 130,305 130,395 
Effect of potentially dilutive securities685 552 655 
Denominator for diluted earnings per common share131,315 130,857 131,050 
Net earnings per share attributable to Flowserve Corporation common shareholders:   
Basic$1.44 $0.97 $1.00 
Diluted1.44 0.96 1.00 
Diluted earnings per share 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, restricted shares, restricted share units and performance share units.
For the years ended December 31, 2022, 2021 and 2020, unvested restricted shares of 118,334, 156,578 and 375,203, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.