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Earnings Per Share (Tables)
12 Months Ended
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,
202320222021
 (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 stock131,074 130,591 130,277 
Participating securities43 39 28 
Denominator for basic earnings per common share131,117 130,630 130,305 
Effect of potentially dilutive securities814 685 552 
Denominator for diluted earnings per common share131,931 131,315 130,857 
Net earnings per share attributable to Flowserve Corporation common shareholders:   
Basic$1.42 $1.44 $0.97 
Diluted1.42 1.44 0.96