Company: BWXT
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001486957-25-000026
Chunk: 15

Company: BWX Technologies, Inc.
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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)Contracts in progress and advance billings on contracts(26,236)(17,174)Income taxes6,427 17,820 Accrued and other current liabilities9,387 (2,025)Pension liabilities, accrued postretirement benefit obligations and employee benefits(38,808)(27,687)Other, net(14,714)(20,865)NET CASH PROVIDED BY OPERATING ACTIVITIES50,650 33,026 CASH FLOWS FROM INVESTING ACTIVITIES:Purchases of property, plant and equipment(33,369)(30,422)Acquisition of business(103,345)— Sales and maturities of securities1,859 — Investments, net of return of capital, in equity method investees(26,400)— Other, net4,905 99 NET CASH USED IN INVESTING ACTIVITIES(156,350)(30,323)CASH FLOWS FROM FINANCING ACTIVITIES:Borrowings of long-term debt204,500 120,700 Repayments of long-term debt(62,625)(102,263)Repurchases of common stock(30,000)(20,000)Dividends paid to common shareholders(23,660)(22,396)Cash paid for shares withheld to satisfy employee taxes(12,883)(6,907)Settlements of forward contracts, net8,438 (1,337)Other, net1,021 47 NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES84,791 (32,156)EFFECTS OF EXCHANGE RATE CHANGES ON CASH2,294 (171)TOTAL DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS(18,615)(29,624)CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD80,571 81,615 CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AND CASH EQUIVALENTS AT END OF PERIOD$61,956 $51,991 SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:Cash paid during the period for:Interest$5,331 $15,461 Income taxes (net of refunds)$10,