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Earnings Per Share (Tables) | 12 Months Ended
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Dec. 31, 2023
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 per common share. Earnings per weighted average common share outstanding was calculated as follows:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
| (Amounts in thousands, except per share data)
Net earnings of Flowserve Corporation | $ | 186,743 |  |  | $ | 188,689 |  |  | $ | 125,949 |
Dividends on restricted shares not expected to vest | — |  |  | — |  |  | — |
Earnings attributable to common and participating shareholders | $ | 186,743 |  |  | $ | 188,689 |  |  | $ | 125,949 |
Weighted average shares: |  |  |  |  |
Common stock | 131,074 |  |  | 130,591 |  |  | 130,277 |
Participating securities | 43 |  |  | 39 |  |  | 28 |
Denominator for basic earnings per common share | 131,117 |  |  | 130,630 |  |  | 130,305 |
Effect of potentially dilutive securities | 814 |  |  | 685 |  |  | 552 |
Denominator for diluted earnings per common share | 131,931 |  |  | 131,315 |  |  | 130,857 |
Net earnings per share attributable to Flowserve Corporation common shareholders: |  |  |  |  |
Basic | $ | 1.42 |  |  | $ | 1.44 |  |  | $ | 0.97 |
Diluted | 1.42 |  |  | 1.44 |  |  | 0.96 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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