Flowserve corp (FLS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Sales

3,944

3,832

3,660

3,990

4,557

4,877

4,954

4,751

4,510

4,032

4,365

4,473

3,762

Cost of sales

2,649

2,644

2,571

2,753

3,080

3,167

3,266

3,170

2,996

2,622

2,817

2,893

2,514

Gross profit

1,295

1,187

1,088

1,236

1,477

1,710

1,688

1,580

1,513

1,409

1,548

1,580

1,247

Selling, general and administrative expense

899

943

901

965

972

936

966

922

914

844

934

981

854

Gain (loss) on sale of businesses

0

-7

141

-7

0

-

-

-

-

-

-

-

-

Net earnings from affiliates

10

11

12

12

9

12

39

16

19

16

15

16

18

Operating income

406

247

341

276

514

785

760

675

618

581

629

615

411

Interest expense

54

58

59

60

65

60

54

43

36

34

40

51

60

Interest income

8

6

3

2

2

1

1

0

1

1

3

8

4

Other income (expense), net

-17

-19

-21

-6

-39

2

-14

-21

3

-18

-7

20

5

Earnings before income taxes

341

176

263

212

412

728

693

611

587

530

584

592

362

Provision for income taxes

80

51

258

77

148

209

204

160

158

141

156

147

104

Net earnings, including noncontrolling interests

261

125

4

135

264

519

488

450

429

388

428

445

257

Less: Net earnings attributable to noncontrolling interests

8

5

1

3

5

6

2

2

0

0

0

2

1

Net earnings (loss) attributable to Flowserve Corporation

253

119

2

132

258

513

485

448

428

388

427

442

255

Net earnings per share attributable to Flowserve Corporation common shareholders:
Basic (in dollars per share)

1.94

0.91

0.02

1.02

1.94

3.75

3.43

2.86

2.57

6.96

7.66

7.75

4.48

Diluted (in dollars per share)

1.93

0.91

0.02

1.01

1.93

3.72

3.41

2.84

2.55

6.88

7.59

7.71

4.44

Cash dividends declared per share (in dollars per share)

-

-

-

-

0.72

0.64

0.56

0.48

0.43

1.16

1.08

1.00

0.60