XML 58 R47.htm IDEA: XBRL DOCUMENT
v3.23.2

Revenue Recognition (Contract Liabilities) (Details) - USD ($) $ in Thousands | 6 Months Ended
--- | ---
Jun. 30, 2023 | Jun. 30, 2022
Change In Contract With Customer, Asset And Liability [Roll Forward] |  |
Contract Assets, Beginning balance | $ 233,457 |
Contract Liabilities, Current, Beginning balance | 256,963 |
Revenue recognized that was included in contract liabilities at the beginning of the period | (10,831) | $ (9,642)
Amounts transferred from contract assets to receivables | 9,917 | (7,705)
Contract Assets, Ending balance | 227,636 | 197,128
Contract Liabilities, Current, Ending balance | 269,725 | 205,175
Short-term Contract with Customer |  |
Change In Contract With Customer, Asset And Liability [Roll Forward] |  |
Contract Assets, Beginning balance | 233,457 | 195,598
Revenue recognized that was included in contract liabilities at the beginning of the period | 0 | 0
Revenue recognized in the period in excess of billings | 301,548 | 256,608
Billings arising during the period in excess of revenue recognized | 0 | 0
Amounts transferred from contract assets to receivables | (310,232) | (246,405)
Other contract asset, net | 2,863 | (8,673)
Long-term Contract with Customer |  |
Change In Contract With Customer, Asset And Liability [Roll Forward] |  |
Contract Assets, Beginning balance | 297 | 426
Revenue recognized that was included in contract liabilities at the beginning of the period | 0 | 0
Revenue recognized in the period in excess of billings | 0 | 1,659
Billings arising during the period in excess of revenue recognized | 0 | 0
Amounts transferred from contract assets to receivables | (301) | (380)
Other contract asset, net | 473 | (1,671)
Contract Assets, Ending balance | 469 | 34
Short-term Contract with Customer, Liability |  |
Change In Contract With Customer, Asset And Liability [Roll Forward] |  |
Contract Liabilities, Current, Beginning balance | 256,963 | 202,965
Revenue recognized that was included in contract liabilities at the beginning of the period | (169,722) | (118,177)
Revenue recognized in the period in excess of billings | 0 | 0
Billings arising during the period in excess of revenue recognized | 176,491 | 122,502
Amounts transferred from contract assets to receivables | 0 | 230
Other contract liability, net | 5,993 | (2,345)
Long-term Contract With Customer, Liability |  |
Change In Contract With Customer, Asset And Liability [Roll Forward] |  |
Contract Liabilities, Noncurrent, Beginning balance | 1,059 | 464
Revenue recognized that was included in contract liabilities at the beginning of the period | 0 | 0
Revenue recognized in the period in excess of billings | 0 | 0
Billings arising during the period in excess of revenue recognized | 661 | 0
Amounts transferred from contract assets to receivables | 0 | 0
Other contract liability, net | 5,851 | (19)
Contract Liabilities, Noncurrent, Ending balance | $ 7,571 | $ 445

X
- Definition Change In Contract With Customer, Asset And Liability [Roll Forward] + References No definition available. + Details
Name: | fls_ChangeInContractWithCustomerAssetAndLiabilityRollForward
Namespace Prefix: | fls_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Contract With Customer, Increase (Decrease) Due To Billings In Excess Of Revenue Recognized + References No definition available. + Details
Name: | fls_ContractWithCustomerIncreaseDecreaseDueToBillingsInExcessOfRevenueRecognized
Namespace Prefix: | fls_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Contract With Customer, Increase (Decrease) due to revenue recognized in the period in excess of billings + References No definition available. + Details
Name: | fls_ContractWithCustomerIncreaseDecreaseDuetoRevenueRecognizedinthePeriodinexcessofbillings
Namespace Prefix: | fls_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Other Contract Asset + References No definition available. + Details
Name: | fls_OtherContractAsset
Namespace Prefix: | fls_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Other Contract Liability + References No definition available. + Details
Name: | fls_OtherContractLiability
Namespace Prefix: | fls_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479837/606-10-45-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479837/606-10-45-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-8 + Details
Name: | us-gaap_ContractWithCustomerAssetNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of decrease in right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time from transfer to receivable due to right to consideration becoming unconditional. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetReclassifiedToReceivable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as current. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479837/606-10-45-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-8 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479837/606-10-45-2 + Details
Name: | us-gaap_ContractWithCustomerLiabilityCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as noncurrent. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479837/606-10-45-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-8 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479837/606-10-45-2 + Details
Name: | us-gaap_ContractWithCustomerLiabilityNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of revenue recognized that was previously included in balance of obligation to transfer good or service to customer for which consideration from customer has been received or is due. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-8 + Details
Name: | us-gaap_ContractWithCustomerLiabilityRevenueRecognized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_ContractWithCustomerDurationAxis=us-gaap_ShortTermContractWithCustomerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ContractWithCustomerDurationAxis=us-gaap_LongTermContractWithCustomerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ContractWithCustomerDurationAxis=fls_ShorttermContractwithCustomerLiabilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ContractWithCustomerDurationAxis=fls_LongtermContractWithCustomerLiabilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |