Company: BWXT
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001486957-25-000059
Chunk: 65

Company: BWX Technologies, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 65
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 equipment is stated at cost and is set forth below: September 30,2025December 31,2024 (In thousands)Land$54,091 $10,608 Buildings513,914 417,189 Machinery and equipment1,281,469 1,166,236 Property under construction648,840 584,539 2,498,314 2,178,572 Less: Accumulated depreciation961,963 900,411 Property, Plant and Equipment, Net$1,536,351 $1,278,161 Accumulated Other Comprehensive Income (Loss)The components of Accumulated other comprehensive income (loss) included in Stockholders' Equity are as follows:September 30,2025December 31,2024 (In thousands)Currency translation adjustments$(19,967)$(33,735)Net unrealized gain on derivative financial instruments819 490 Unrecognized prior service cost on benefit obligations(13,281)(15,233)Net unrealized gain (loss) on available-for-sale investments(94)267 Accumulated other comprehensive loss$(32,523)$(48,211)

The amounts reclassified out of Accumulated other comprehensive income (loss) by component and the affected condensed consolidated statements of income line items are as follows: Three Months EndedSeptember 30,Nine Months EndedSeptember 30,  2025202420252024 Accumulated Other Comprehensive Income (Loss) Component Recognized(In thousands)Line Item PresentedRealized gain (loss) on derivative financial instruments$(91)$(131)$24 $(40)Revenues(412)448 (89)373 Cost of operations(503)317 (65)333 Total before tax108 (80)13 (84)Provision for Income Taxes$(395)$237 $(52)$249 Net IncomeAmortization of prior service cost on benefit obligations$(814)$(831)$(2,425)$(2,494)Other – net158 161 473 485 Provision for Income Taxes$(656)$(670)$(1,952)$(2,009)Net IncomeRealized gains on investments$— $— $381 $— Other – net— — (80)— Provision for Income Taxes$— $— $301 $— Net IncomeTotal reclassification for the period$(