Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31,
(Amounts in thousands, except per share data)	2023		2022
Net earnings of Flowserve Corporation	$	26,766	$	(15,820)
Dividends on restricted shares not expected to vest	—		—
Earnings attributable to common and participating shareholders	$	26,766	$	(15,820)
Weighted average shares:
Common stock	130,886		130,410
Participating securities	44		—
Denominator for basic earnings per common share	130,930		130,410
Effect of potentially dilutive securities	824		—
Denominator for diluted earnings per common share	131,754		130,410
Earnings per common share:
Basic	$	0.20	$	(0.12)
Diluted	0.20		(0.12)