Basis of Presentation and Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Restructuring and Related Costs

The following table presents the above impacts of the Russia pre-tax charge in the first quarter of 2022:

	Three Months Ended March 31, 2022
(Amounts in thousands)	Flowserve Pump Division		Flow Control Division		Consolidated Total
Sales	$	(5,429)	$	(2)	$	(5,431)
Cost of sales ("COS")	3,510		1,112		4,622
Gross loss	(8,939)		(1,114)		(10,053)
Selling, general and administrative expense ("SG&A")	9,111		1,082		10,193
Operating loss	$	(18,050)	$	(2,196)	$	(20,246)

The following is a summary of total charges, net of adjustments, incurred related to our Realignment Programs:

	Three Months Ended March 31, 2023
(Amounts in thousands)	FPD		FCD		Subtotal–Reportable Segments		All Other		Consolidated Total
Realignment Charges
Restructuring Charges
COS	$	(1,012)	$	—	$	(1,012)	$	66	$	(946)
SG&A	—		8,905		8,905		—		8,905
	$	(1,012)	$	8,905	$	7,893	$	66	$	7,959
Non-Restructuring Charges
COS	$	1,402	$	11	$	1,413	$	(265)	$	1,148
SG&A	2,050		1		2,051		5,721		7,772
	$	3,452	$	12	$	3,464	$	5,456	$	8,920
Total Realignment Charges
COS	$	390	$	11	$	401	$	(199)	$	202
SG&A	2,050		8,906		10,956		5,721		16,677
Total	$	2,440	$	8,917	$	11,357	$	5,522	$	16,879

	Three Months Ended March 31, 2022
(Amounts in thousands)	FPD		FCD		Subtotal–Reportable Segments		All Other		Consolidated Total
Realignment Charges
Restructuring Charges
COS	$	281	$	(5)	$	276	$	—	$	276
SG&A	—		—		—		—		—
	$	281	$	(5)	$	276	$	—	$	276
Non-Restructuring Charges
COS	$	(364)	$	(49)	$	(413)	$	(61)	$	(474)
SG&A	75		17		92		(293)		(201)
	$	(289)	$	(32)	$	(321)	$	(354)	$	(675)
Total Realignment Charges
COS	$	(83)	$	(54)	$	(137)	$	(61)	$	(198)
SG&A	75		17		92		(293)		(201)
Total	$	(8)	$	(37)	$	(45)	$	(354)	$	(399)

The following is a summary of total inception to date charges, net of adjustments, related to the 2023 Realignment Programs:

	Inception to Date
(Amounts in thousands)	FPD		FCD		Subtotal–Reportable Segments		All Other		Consolidated Total
Realignment Charges
Restructuring Charges
COS	$	(1,012)	$	—	$	(1,012)	$	66	$	(946)
SG&A	—		8,905		8,905		—		8,905
	$	(1,012)	$	8,905	$	7,893	$	66	$	7,959
Non-Restructuring Charges
COS	$	1,402	$	11	$	1,413	$	(265)	$	1,148
SG&A	2,050		1		2,051		5,721		7,772
	$	3,452	$	12	$	3,464	$	5,456	$	8,920
Total Realignment Charges
COS	$	390	$	11	$	401	$	(199)	$	202
SG&A	2,050		8,906		10,956		5,721		16,677
Total	$	2,440	$	8,917	$	11,357	$	5,522	$	16,879