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Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 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 September 30,
(Amounts in thousands, except per share data)			2024						2023
Net earnings of Flowserve Corporation			$	58,382					$	46,156
Earnings attributable to common and participating shareholders			$	58,382					$	46,156
Weighted average shares:
Common stock			131,363						131,138
Participating securities			32						45
Denominator for basic earnings per common share			131,395						131,183
Effect of potentially dilutive securities			852						843
Denominator for diluted earnings per common share			132,247						132,026
Earnings per common share:
Basic			$	0.44					$	0.35
Diluted			0.44						0.35

			Nine Months Ended September 30,
(Amounts in thousands, except per share data)			2024						2023
Net earnings of Flowserve Corporation			$	205,218					$	124,126
Earnings attributable to common and participating shareholders			$	205,218					$	124,126
Weighted average shares:
Common stock			131,480						131,053
Participating securities			40						42
Denominator for basic earnings per common share			131,520						131,095
Effect of potentially dilutive securities			823						769
Denominator for diluted earnings per common share			132,343						131,864
Earnings per common share:
Basic			$	1.56					$	0.95
Diluted			1.55						0.94

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- References

No definition available.

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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

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