Company: BWXT
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001486957-25-000008
Chunk: 6

Company: BWX Technologies, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 6
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 to BWX Technologies, Inc.$3.08 $2.68 $2.60 Diluted:Net Income Attributable to BWX Technologies, Inc.$3.07 $2.68 $2.60 Shares used in the computation of earnings per share (Note 17):Basic91,572,674 91,619,156 91,447,088 Diluted91,859,732 91,874,537 91,702,111 

See accompanying notes to consolidated financial statements.

46

BWX TECHNOLOGIES, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

 Year Ended December 31, 202420232022 (In thousands)Net Income$282,298 $246,321 $238,620 Other Comprehensive Income (Loss):Currency translation adjustments(42,404)12,876 (34,834)Derivative financial instruments:Unrealized gains arising during the period, net of tax provision of $(213), $(247) and $(89), respectively667 717 267 Reclassification adjustment for (gains) losses included in net income, net of tax provision (benefit) of $245, $91 and $(181), respectively(734)(264)532 Benefit obligations:Unrecognized losses arising during the period, net of tax benefit of $9, $530 and $802, respectively(1,297)(1,631)(2,559)Recognition of benefit plan costs, net of tax benefit of $(344), $(609) and $(657), respectively2,981 2,669 2,626 Investments:Unrealized gains (losses) arising during the period, net of tax (provision) benefit of $(11), $(27) and $28, respectively39 100 (105)Other Comprehensive Income (Loss)(40,748)14,467 (34,073)Total Comprehensive Income241,550 260,788 204,547 Comprehensive Income Attributable to Noncontrolling Interest(357)(472)(429)Comprehensive Income Attributable to BWX Technologies, Inc.$241,193 $260,316 $204,118 

See accompanying notes to consolidated financial statements.

47

BWX TECHNOLOGIES, INC.

CONSOLIDATED BALANCE SHEETS

ASSETS

 December 31, 20242023 (In thousands)Current Assets: