Company: BWNB
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001630805-25-000090
Chunk: 66

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 66
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66,361)Other comprehensive loss before reclassifications$(3,125)$— $(3,125)Reclassification of AOCI to net income— 231 231 Net other comprehensive (loss) income(3,125)231 (2,894)Balance at March 31, 2024$(67,903)$(1,352)$(69,255)Other comprehensive loss before reclassifications$(2,266)$— $(2,266)Reclassification of AOCI to net income1,201 232 1,433 Net other comprehensive (loss) income(1,065)232 (833)Balance at June 30, 2024$(68,968)$(1,120)$(70,088)Other comprehensive income before reclassifications$3,241 $— $3,241 Reclassification of AOCI to net income— 231 231 Net other comprehensive income3,241 231 3,472 Balance at September 30, 2024$(65,727)$(889)$(66,616)

37

The amounts reclassified out of AOCI by component and the affected Condensed Consolidated Statements of Operations line items are as follows (in thousands):AOCI componentLine items in the Condensed Consolidated Statements of Operations affected by reclassifications from AOCI Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Release of currency translation adjustment with the sale of businessLoss from discontinued operations, net of tax$(13,981)$— $(66,627)$(1,201)Pension and post retirement adjustments, net of taxBenefit plans, net(124)(231)(371)(694)Net loss$(14,105)$(231)$(66,998)$(1,895)

NOTE 18 – FAIR VALUE MEASUREMENTS

The following tables summarize financial assets carried at fair value, all of which were valued from readily available prices (known as "Level 1" in the fair value hierarchy established by ASC 820, Fair Value Measurements and Disclosures).Securities(in thousands)September 30, 2025Level 1Corporate notes and bonds$5,124 $5,124 United States Government and agency securities1,957 1,957 Total fair value of securities$7,081 $7,081 (in thousands)December 31, 2024Level 1Corporate notes and