BWX Technologies Inc
For the period ended Sep 30, 2024. Filed Nov 4, 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.
Sep 30, 2024 · Filed Nov 4, 2024
BWXT$127.99+7.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
ASSETS
| September 30,2024 | December 31,2023 | |
|---|---|---|
| (Unaudited)(In thousands) | ||
| Current Assets: | ||
| Cash and cash equivalents | $35,522 | $75,766 |
| Restricted cash and cash equivalents | 2,962 | 2,858 |
| Accounts receivable – trade, net | 90,227 | 70,180 |
| Accounts receivable – other | 15,934 | 16,339 |
| Retainages | 92,295 | 55,181 |
| Contracts in progress | 661,248 | 533,155 |
| Other current assets | 84,761 | 64,322 |
| Total Current Assets | 982,949 | 817,801 |
| Property, Plant and Equipment, Net | 1,275,053 | 1,228,520 |
| Investments | 10,659 | 9,496 |
| Goodwill | 295,134 | 297,020 |
| Deferred Income Taxes | 12,118 | 16,332 |
| Investments in Unconsolidated Affiliates | 98,386 | 88,608 |
| Intangible Assets | 175,200 | 185,510 |
| Other Assets | 97,961 | 103,778 |
| TOTAL | $2,947,460 | $2,747,065 |
CONDENSED CONSOLIDATED BALANCE SHEETS
LIABILITIES AND STOCKHOLDERS' EQUITY
| September 30,2024 | December 31,2023 | |
|---|---|---|
| (Unaudited)(In thousands, except shareand per share amounts) | ||
| Current Liabilities: | ||
| Current portion of long-term debt | $10,938 | $6,250 |
| Accounts payable | 172,206 | 126,651 |
| Accrued employee benefits | 53,438 | 64,544 |
| Accrued liabilities – other | 81,321 | 70,210 |
| Advance billings on contracts | 119,563 | 107,391 |
| Total Current Liabilities | 437,466 | 375,046 |
| Long-Term Debt | 1,220,583 | 1,203,422 |
| Accumulated Postretirement Benefit Obligation | 17,797 | 18,466 |
| Environmental Liabilities | 92,721 | 90,575 |
| Pension Liability | 74,347 | 82,786 |
| Other Liabilities | 45,875 | 43,469 |
| Commitments and Contingencies (Note 4) | ||
| Stockholders' Equity: | ||
| Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 128,307,682 and 128,065,521 shares at September 30, 2024 and December 31, 2023, respectively | 1,283 | 1,281 |
| Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; No shares issued | — | — |
| Capital in excess of par value | 222,062 | 206,478 |
| Retained earnings | 2,238,437 | 2,093,917 |
| Treasury stock at cost, 36,867,475 and 36,537,695 shares at September 30, 2024 and December 31, 2023, respectively | (1,388,106) | (1,360,862) |
| Accumulated other comprehensive income (loss) | (14,927) | (7,463) |
| Stockholders' Equity – BWX Technologies, Inc. | 1,058,749 | 933,351 |
| Noncontrolling interest | (78) | (50) |
| Total Stockholders' Equity | 1,058,671 | 933,301 |
| TOTAL | $2,947,460 | $2,747,065 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.