| Earnings Per Share |
EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share: | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | | | 2025 | | 2024 | | 2023 | | | | (In thousands, except shares and
per share amounts) | Basic: | | | Net Income Attributable to BWX Technologies, Inc. | | $ | 328,945 | | | $ | 281,941 | | | $ | 245,849 | | Weighted-average common shares | | 91,566,280 | | | 91,572,674 | | | 91,619,156 | | Basic earnings per common share | | $ | 3.59 | | | $ | 3.08 | | | $ | 2.68 | | Diluted: | | | | | | | Net Income Attributable to BWX Technologies, Inc. | | $ | 328,945 | | | $ | 281,941 | | | $ | 245,849 | | Weighted-average common shares (basic) | | 91,566,280 | | | 91,572,674 | | | 91,619,156 | | Effect of dilutive securities: | | | | | | | Stock options, restricted stock units and performance shares (1) | | 289,733 | | | 287,058 | | | 255,381 | | Adjusted weighted-average common shares | | 91,856,013 | | | 91,859,732 | | | 91,874,537 | | Diluted earnings per common share | | $ | 3.58 | | | $ | 3.07 | | | $ | 2.68 | |
(1)At December 31, 2025, 2024 and 2023, we excluded 12,156, 64,575 and 6,089 shares, respectively, from our diluted share calculation as their effect would have been antidilutive.
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