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Earnings (Loss) Per Share
 9 Months Ended
Sep. 30, 2023
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:
 
Three Months Ended September 30,
(Amounts in thousands, except per share data)20232022
Net earnings of Flowserve Corporation$46,156 $38,400 
Earnings attributable to common and participating shareholders$46,156 $38,400 
Weighted average shares:  
Common stock131,138 130,662 
Participating securities45 41 
Denominator for basic earnings per common share131,183 130,703 
Effect of potentially dilutive securities843 699 
Denominator for diluted earnings per common share132,026 131,402 
Earnings per common share:  
Basic$0.35 $0.29 
Diluted0.35 0.29 
Nine Months Ended September 30,
(Amounts in thousands, except per share data)20232022
Net earnings of Flowserve Corporation$124,126 $67,359 
Earnings attributable to common and participating shareholders$124,126 $67,359 
Weighted average shares:
Common stock131,053 130,566 
Participating securities42 38 
Denominator for basic earnings per common share131,095 130,604 
Effect of potentially dilutive securities769 629 
Denominator for diluted earnings per common share131,864 131,233 
Earnings per common share:
Basic$0.95 $0.52 
Diluted0.94 0.51 
Diluted earnings per share above 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 and Restricted Shares.