BWX Technologies Inc
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 27, 2024
BWXT$127.99+7.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
ASSETS
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (In thousands) | ||
| Current Assets: | ||
| Cash and cash equivalents | $75,766 | $35,244 |
| Restricted cash and cash equivalents | 2,858 | 2,928 |
| Investments | — | 3,804 |
| Accounts receivable – trade, net | 70,180 | 60,782 |
| Accounts receivable – other | 16,339 | 26,894 |
| Retainages | 55,181 | 48,566 |
| Contracts in progress | 533,155 | 538,365 |
| Other current assets | 64,322 | 55,036 |
| Total Current Assets | 817,801 | 771,619 |
| Property, Plant and Equipment, Net | 1,228,520 | 1,134,897 |
| Investments | 9,496 | 8,097 |
| Goodwill | 297,020 | 293,165 |
| Deferred Income Taxes | 16,332 | 20,585 |
| Investments in Unconsolidated Affiliates | 88,608 | 100,198 |
| Intangible Assets | 185,510 | 193,612 |
| Other Assets | 103,778 | 96,766 |
| TOTAL | $2,747,065 | $2,618,939 |
LIABILITIES AND STOCKHOLDERS' EQUITY
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| (In thousands, except shareand per share amounts) | ||
| Current Liabilities: | ||
| Current maturities of long-term debt | $6,250 | $6,250 |
| Accounts payable | 126,651 | 127,112 |
| Accrued employee benefits | 64,544 | 61,079 |
| Accrued liabilities – other | 70,210 | 84,693 |
| Advance billings on contracts | 107,391 | 88,726 |
| Total Current Liabilities | 375,046 | 367,860 |
| Long-Term Debt | 1,203,422 | 1,282,624 |
| Accumulated Postretirement Benefit Obligation | 18,466 | 18,157 |
| Environmental Liabilities | 90,575 | 90,989 |
| Pension Liability | 82,786 | 57,832 |
| Other Liabilities | 43,469 | 53,122 |
| Commitments and Contingencies (Note 10) | ||
| Stockholders' Equity: | ||
| Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 128,065,521 and 127,671,756 shares at December 31, 2023 and 2022, respectively | 1,281 | 1,277 |
| Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; no shares issued | — | — |
| Capital in excess of par value | 206,478 | 189,263 |
| Retained earnings | 2,093,917 | 1,932,970 |
| Treasury stock at cost, 36,537,695 and 36,417,480 shares at December 31, 2023 and 2022, respectively | (1,360,862) | (1,353,270) |
| Accumulated other comprehensive income (loss) | (7,463) | (21,930) |
| Stockholders' Equity – BWX Technologies, Inc. | 933,351 | 748,310 |
| Noncontrolling interest | (50) | 45 |
| Total Stockholders' Equity | 933,301 | 748,355 |
| TOTAL | $2,747,065 | $2,618,939 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.