Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

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,
	2022		2021		2020
	(Amounts in thousands, except per share data)
Net earnings of Flowserve Corporation	$	188,689	$	125,949	$	130,420
Dividends on restricted shares not expected to vest	—		—		—
Earnings attributable to common and participating shareholders	$	188,689	$	125,949	$	130,420
Weighted average shares:
Common stock	130,591		130,277		130,373
Participating securities	39		28		22
Denominator for basic earnings per common share	130,630		130,305		130,395
Effect of potentially dilutive securities	685		552		655
Denominator for diluted earnings per common share	131,315		130,857		131,050
Net earnings per share attributable to Flowserve Corporation common shareholders:
Basic	$	1.44	$	0.97	$	1.00
Diluted	1.44		0.96		1.00