| Selected Quarterly Financial Information |
The following tables set forth selected unaudited quarterly financial information for the years ended December 31, 2023 and 2022: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2023
Quarter Ended | | | | March 31,
2023 | | June 30,
2023 | | September 30,
2023 | | December 31,
2023 | | | | (In thousands, except per share amounts) | Revenues | | $ | 568,360 | | | $ | 612,445 | | | $ | 589,989 | | | $ | 725,515 | | Operating income (1) | | $ | 87,842 | | | $ | 86,666 | | | $ | 85,358 | | | $ | 123,193 | | Equity in income of investees | | $ | 13,645 | | | $ | 12,568 | | | $ | 12,649 | | | $ | 11,945 | | Net Income Attributable to BWX Technologies, Inc. | | $ | 61,092 | | | $ | 58,597 | | | $ | 60,273 | | | $ | 65,887 | | Earnings per common share: | | | | | | | | | | Basic: | | | | | | | | | | Net Income Attributable to BWX Technologies, Inc. | | $ | 0.67 | | | $ | 0.64 | | | $ | 0.66 | | | $ | 0.72 | | | Diluted: | | | | | | | | | | Net Income Attributable to BWX Technologies, Inc. | | $ | 0.67 | | | $ | 0.64 | | | $ | 0.66 | | | $ | 0.72 | |
(1)Includes equity in income of investees. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2022
Quarter Ended | | | | March 31,
2022 | | June 30,
2022 | | September 30,
2022 | | December 31,
2022 | | | | (In thousands, except per share amounts) | Revenues | | $ | 530,738 | | | $ | 554,208 | | | $ | 523,711 | | | $ | 624,177 | | Operating income (1) | | $ | 71,573 | | | $ | 95,237 | | | $ | 79,878 | | | $ | 101,883 | | Equity in income of investees | | $ | 8,779 | | | $ | 11,319 | | | $ | 14,783 | | | $ | 11,092 | | Net Income Attributable to BWX Technologies, Inc. | | $ | 59,010 | | | $ | 74,613 | | | $ | 61,603 | | | $ | 42,965 | | Earnings per common share: | | | | | | | | | | Basic: | | | | | | | | | | Net Income Attributable to BWX Technologies, Inc. | | $ | 0.64 | | | $ | 0.82 | | | $ | 0.67 | | | $ | 0.47 | | | Diluted: | | | | | | | | | | Net Income Attributable to BWX Technologies, Inc. | | $ | 0.64 | | | $ | 0.82 | | | $ | 0.67 | | | $ | 0.47 | |
(1)Includes equity in income of investees.
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