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Earnings (Loss) Per Share (Tables) | 3 Months Ended
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Mar. 31, 2024
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:
| Three Months Ended March 31,
(Amounts in thousands, except per share data) | 2024 |  | 2023
Net earnings of Flowserve Corporation | $ | 74,220 |  |  | $ | 26,766 |
Earnings attributable to common and participating shareholders | $ | 74,220 |  |  | $ | 26,766 |
Weighted average shares: |  |  |
Common stock | 131,464 |  |  | 130,886 |
Participating securities | 46 |  |  | 44 |
Denominator for basic earnings per common share | 131,510 |  |  | 130,930 |
Effect of potentially dilutive securities | 858 |  |  | 824 |
Denominator for diluted earnings per common share | 132,368 |  |  | 131,754 |
Earnings per common share: |  |  |
Basic | $ | 0.56 |  |  | $ | 0.20 |
Diluted | 0.56 |  |  | 0.20 |

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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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