Company: BWXT
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001486957-25-000008
Chunk: 11

Company: BWX Technologies, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 11
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 payable34,532 (9,025)(40,495)Retainages21,514 (6,615)4,189 Contracts in progress and advance billings on contracts(7,155)28,868 (38,615)Income taxes1,650 (4,786)(764)Accrued and other current liabilities865 (9,754)(18,948)Pension liabilities, accrued postretirement benefit obligations and employee benefits881 (6,964)(68,535)Other, net(13,829)(8,861)6,499 NET CASH PROVIDED BY OPERATING ACTIVITIES408,428 363,701 244,704 CASH FLOWS FROM INVESTING ACTIVITIES:Purchases of property, plant and equipment(153,647)(151,286)(198,312)Acquisition of businesses— — (47,328)Purchases of securities— (2,343)(3,803)Sales and maturities of securities— 5,996 3,813 Investments, net of return of capital, in equity method investees(197)— (11,450)Other, net(717)(8,009)844 NET CASH USED IN INVESTING ACTIVITIES(154,561)(155,642)(256,236)CASH FLOWS FROM FINANCING ACTIVITIES:Borrowings of long-term debt456,000 353,100 978,200 Repayments of long-term debt(612,250)(434,350)(878,200)Payment of debt issuance costs— — (2,405)Repurchases of common stock(20,000)— (20,000)Dividends paid to common shareholders(88,349)(84,974)(81,074)Cash paid for shares withheld to satisfy employee taxes(7,570)(7,592)(6,588)Settlements of forward contracts, net19,591 3,689 24,013 Other, net(207)756 6 NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES(252,785)(169,371)13,952 EFFECTS OF EXCHANGE RATE CHANGES ON CASH(2,126)1,937 (1,205)TOTAL (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED C