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$126.64-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (In thousands, except share and per share amounts) | |||
| Revenues | $2,496,309 | $2,232,834 | $2,124,074 |
| Costs and Expenses: | |||
| Cost of operations | 1,875,716 | 1,680,899 | 1,573,797 |
| Research and development costs | 7,613 | 9,535 | 11,059 |
| Losses (gains) on asset disposals and impairments, net | 1,034 | 5,520 | (3,532) |
| Selling, general and administrative expenses | 279,694 | 234,282 | 230,400 |
| Total Costs and Expenses | 2,164,057 | 1,930,236 | 1,811,724 |
| Equity in Income of Investees | 50,807 | 45,973 | 33,498 |
| Operating Income | 383,059 | 348,571 | 345,848 |
| Other Income (Expense): | |||
| Interest income | 2,359 | 758 | 416 |
| Interest expense | (47,036) | (36,410) | (35,758) |
| Other – net | (16,982) | 1,458 | 85,207 |
| Total Other Income (Expense) | (61,659) | (34,194) | 49,865 |
| Income before Provision for Income Taxes | 321,400 | 314,377 | 395,713 |
| Provision for Income Taxes | 75,079 | 75,757 | 89,425 |
| Net Income | $246,321 | $238,620 | $306,288 |
| Net Income Attributable to Noncontrolling Interest | (472) | (429) | (417) |
| Net Income Attributable to BWX Technologies, Inc. | $245,849 | $238,191 | $305,871 |
| Earnings per Common Share: | |||
| Basic: | |||
| Net Income Attributable to BWX Technologies, Inc. | $2.68 | $2.60 | $3.24 |
| Diluted: | |||
| Net Income Attributable to BWX Technologies, Inc. | $2.68 | $2.60 | $3.24 |
| Shares used in the computation of earnings per share (Note 17): | |||
| Basic | 91,619,156 | 91,447,088 | 94,278,894 |
| Diluted | 91,874,537 | 91,702,111 | 94,518,422 |
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