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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Sales $ 1,026,232 $ 1,162,247 $ 1,973,480 $ 2,176,867
Cost of sales (701,508) (793,155) (1,340,755) (1,476,045)
Gross profit 324,724 369,092 632,725 700,822
Selling, general and administrative expense (228,529) (243,594) (465,439) (483,521)
Net earnings from affiliates 1,809 2,079 5,128 3,652
Operating income 98,004 127,577 172,414 220,953
Interest expense (15,274) (15,392) (29,842) (31,429)
Interest income 645 249 1,318 1,006
Other income (expense), net 4,735 (4,882) 193 (24,828)
Earnings before income taxes 88,110 107,552 144,083 165,702
Provision for income taxes (25,122) (30,920) (42,812) (59,426)
Net earnings, including noncontrolling interests 62,988 76,632 101,271 106,276
Less: Net earnings attributable to noncontrolling interests 9 (1,624) (415) (3,602)
Net earnings attributable to Flowserve Corporation $ 62,997 $ 75,008 $ 100,856 $ 102,674
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic (in dollars per share) $ 0.48 $ 0.56 $ 0.77 $ 0.76
Diluted (in dollars per share) 0.48 0.56 0.77 0.76
Cash dividends declared per share (in dollars per share) $ 0.19 $ 0.18 $ 0.38 $ 0.36