Company: BWXT
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001486957-25-000026
Chunk: 55

Company: BWX Technologies, Inc.
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 55
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 transaction, we have not initiated a preliminary purchase price allocation as of the date of this filing.

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NOTE 3 – REVENUE RECOGNITION

As described in Note 1, our operations are assessed based on two reportable segments.Disaggregated RevenuesRevenues by geographic area and customer type were as follows: Three Months Ended March 31, 2025Three Months Ended March 31, 2024Government OperationsCommercial OperationsTotalGovernment OperationsCommercial OperationsTotal (In thousands)United States:Government$525,294 $— $525,294 $462,232 $— $462,232 Non-Government24,274 16,062 40,336 21,610 16,795 38,405 $549,568 $16,062 $565,630 $483,842 $16,795 $500,637 Canada:Government$102 $— $102 $2 $— $2 Non-Government56 101,618 101,674 17 95,012 95,029 $158 $101,618 $101,776 $19 $95,012 $95,031 Other:Government$3,871 $— $3,871 $1,026 $— $1,026 Non-Government1,689 10,630 12,319 2,234 5,231 7,465 $5,560 $10,630 $16,190 $3,260 $5,231 $8,491 Segment Revenues$555,286 $128,310 683,596 $487,121 $117,038 604,159 Eliminations(1,338)(193)Revenues$682,258 $603,966 Revenues by timing of transfer of goods or services were as follows: Three Months Ended March 31, 2025Three Months Ended March 31, 2024Government OperationsCommercial OperationsTotalGovernment OperationsCommercial OperationsTotal (In thousands)Over time$550,545 $103,221 $653,766 $484,288 $96,855 $581,143 Point-in-time4,741 25,089 29,830 2,833 20,183 23,016 Segment Revenues$555,286