Company: BWXT
Filing Date: 2025-03-19
Form Type: 10-K/A
Source: 0001486957-25-000015
Chunk: 139

Company: BWX Technologies, Inc.
Filing Date: 2025-03-19
Form: 10-K/A
Chunk 139
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| Net Income Attributable to BWX Technologies, Inc.               |     | $                                |    281,941 |     | $ |    245,849 |     | $ |    238,191 |
| Weighted-average common shares (basic)                          |     |                                  | 91,572,674 |     |   | 91,619,156 |     |   | 91,447,088 |
| Effect of dilutive securities:                                  |     |                                  |            |     |   |            |     |   |            |
| Stock options, restricted stock units and performance shares(1) |     |                                  |    287,058 |     |   |    255,381 |     |   |    255,023 |
| Adjusted weighted-average common shares                         |     |                                  | 91,859,732 |     |   | 91,874,537 |     |   | 91,702,111 |
| Diluted earnings per common share                               |     | $                                |       3.07 |     | $ |       2.68 |     | $ |       2.60 |

(1) At December 31, 2024, 2023 and 2022, we excluded 64,575, 6,089 and 10,419 shares, respectively, from our diluted share calculation as their effect would have been antidilutive.

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## Item 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
None.

## Item 9A. CONTROLS AND PROCEDURES

### Disclosure Controls and Procedures
As of the end of the period covered by this Report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures (as that term is defined in Rules 13a-15(e) and 15d-15(e) adopted by the SEC under the Securities Exchange Act of 1934, as amended (the "Exchange Act")). Our disclosure controls and procedures were developed through a process in which our management applied its judgment in assessing the costs and benefits of such controls and procedures, which, by their nature, can provide only reasonable assurance regarding the control objectives. It should be noted that the design of any system of disclosure