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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Sales $ 1,080,376 $ 882,222 $ 2,060,681 $ 1,703,280
Cost of sales (757,616) (632,393) (1,441,090) (1,243,803)
Gross profit 322,760 249,829 619,591 459,477
Selling, general and administrative expense (230,082) (194,606) (474,359) (400,816)
Net earnings from affiliates 3,970 5,109 8,603 9,039
Operating income 96,648 60,332 153,835 67,700
Interest expense (16,554) (11,062) (32,766) (21,755)
Interest income 1,907 854 3,401 1,797
Other income (expense), net (5,543) 7,589 (13,562) (524)
Earnings before income taxes 76,458 57,713 110,908 47,218
Provision for income taxes (21,304) (11,618) (25,757) (14,800)
Net earnings, including noncontrolling interests 55,154 46,095 85,151 32,418
Less: Net earnings attributable to noncontrolling interests (3,951) (1,318) (7,181) (3,458)
Net earnings attributable to Flowserve Corporation $ 51,203 $ 44,777 $ 77,970 $ 28,960
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic (in dollars per share) $ 0.39 $ 0.34 $ 0.59 $ 0.22
Diluted (in dollars per share) $ 0.39 $ 0.34 $ 0.59 $ 0.22
Weighted average shares - basic (in shares) 131,171,000 130,666,000 131,051,000 130,554,000
Weighted average shares - diluted (in shares) 131,810,000 131,245,000 131,782,000 131,148,000