BWX Technologies Inc
For the period ended Jun 30, 2024. Filed Aug 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 5, 2024
BWXT$126.64-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (Unaudited)(In thousands, except share and per share amounts) | ||||
| Revenues | $681,465 | $612,445 | $1,285,431 | $1,180,805 |
| Costs and Expenses: | ||||
| Cost of operations | 513,196 | 471,324 | 968,553 | 902,454 |
| Research and development costs | 1,271 | 2,595 | 2,761 | 4,799 |
| Gains on asset disposals and impairments, net | (4) | (9) | (4) | (15) |
| Selling, general and administrative expenses | 79,780 | 64,437 | 147,141 | 125,272 |
| Total Costs and Expenses | 594,243 | 538,347 | 1,118,451 | 1,032,510 |
| Equity in Income of Investees | 11,584 | 12,568 | 24,787 | 26,213 |
| Operating Income | 98,806 | 86,666 | 191,767 | 174,508 |
| Other Income (Expense): | ||||
| Interest income | 540 | 517 | 1,386 | 980 |
| Interest expense | (10,688) | (12,206) | (20,283) | (23,025) |
| Other – net | 2,971 | 2,962 | 7,136 | 5,150 |
| Total Other Income (Expense) | (7,177) | (8,727) | (11,761) | (16,895) |
| Income before Provision for Income Taxes | 91,629 | 77,939 | 180,006 | 157,613 |
| Provision for Income Taxes | 18,584 | 19,274 | 38,427 | 37,955 |
| Net Income | $73,045 | $58,665 | $141,579 | $119,658 |
| Net Loss (Income) Attributable to Noncontrolling Interest | (73) | (68) | (139) | 31 |
| Net Income Attributable to BWX Technologies, Inc. | $72,972 | $58,597 | $141,440 | $119,689 |
| Earnings per Common Share: | ||||
| Basic: | ||||
| Net Income Attributable to BWX Technologies, Inc. | $0.80 | $0.64 | $1.54 | $1.31 |
| Diluted: | ||||
| Net Income Attributable to BWX Technologies, Inc. | $0.79 | $0.64 | $1.54 | $1.30 |
| Shares used in the computation of earnings per share (Note 8): | ||||
| Basic | 91,564,263 | 91,626,846 | 91,559,824 | 91,565,417 |
| Diluted | 91,801,539 | 91,805,179 | 91,831,232 | 91,802,435 |
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