v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 45,895 $ 75,766
Restricted cash and cash equivalents 2,892 2,858
Accounts receivable – trade, net 85,024 70,180
Accounts receivable – other 12,842 16,339
Retainages 81,506 55,181
Contracts in progress 550,089 533,155
Other current assets 86,415 64,322
Total Current Assets 864,663 817,801
Property, Plant and Equipment, Net 1,231,473 1,228,520
Investments 10,034 9,496
Goodwill 294,339 297,020
Deferred Income Taxes 14,828 16,332
Investments in Unconsolidated Affiliates 91,008 88,608
Intangible Assets 180,084 185,510
Other Assets 101,581 103,778
TOTAL 2,788,010 2,747,065
Current Liabilities:    
Current portion of long-term debt 7,813 6,250
Accounts payable 147,841 126,651
Accrued employee benefits 40,093 64,544
Accrued liabilities – other 78,717 70,210
Advance billings on contracts 112,361 107,391
Total Current Liabilities 386,825 375,046
Long-Term Debt 1,220,809 1,203,422
Accumulated Postretirement Benefit Obligation 18,022 18,466
Environmental Liabilities 92,221 90,575
Pension Liability 79,557 82,786
Other Liabilities 44,510 43,469
Commitments and Contingencies (Note 4)
Stockholders' Equity:    
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 128,272,806 and 128,065,521 shares at March 31, 2024 and December 31, 2023, respectively 1,283 1,281
Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; No shares issued 0 0
Capital in excess of par value 210,991 206,478
Retained earnings 2,140,235 2,093,917
Treasury stock at cost, 36,864,580 and 36,537,695 shares at March 31, 2024 and December 31, 2023, respectively (1,387,768) (1,360,862)
Accumulated other comprehensive income (loss) (18,519) (7,463)
Stockholders' Equity – BWX Technologies, Inc. 946,222 933,351
Noncontrolling interest (156) (50)
Total Stockholders' Equity 946,066 933,301
TOTAL $ 2,788,010 $ 2,747,065