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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Sales $ 1,224,378 $ 1,239,526 $ 2,292,514 $ 2,336,122
Cost of sales (794,072) (817,950) (1,485,086) (1,541,238)
Gross profit 430,306 421,576 807,428 794,884
Selling, general and administrative expense (238,178) (240,200) (454,405) (474,708)
Net earnings from affiliates (Note 2) 2,187 2,145 5,617 33,824
Operating income 194,315 183,521 358,640 354,000
Interest expense (15,027) (13,125) (30,176) (25,216)
Interest income 507 277 838 551
Other expense, net (3,836) 616 (6,741) (10,412)
Earnings before income taxes 175,959 171,289 322,561 318,923
Provision for income taxes (50,794) (50,395) (88,809) (99,128)
Net earnings, including noncontrolling interests 125,165 120,894 233,752 219,795
Less: Net earnings attributable to noncontrolling interests (1,652) (508) (2,505) (1,619)
Net earnings attributable to Flowserve Corporation $ 123,513 $ 120,386 $ 231,247 $ 218,176
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic $ 0.90 $ 0.85 $ 1.68 $ 1.52
Diluted $ 0.90 $ 0.84 $ 1.67 $ 1.51
Cash dividends declared per share $ 0.16 $ 0.14 $ 0.32 $ 0.28