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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenues $ 438,921 $ 410,011 $ 896,384 $ 838,240
Costs and Expenses:        
Cost of operations 318,209 278,356 645,573 581,572
Research and development costs 4,107 1,152 7,714 2,671
Gains on asset disposals and impairments, net (237) (31) (245) (31)
Selling, general and administrative expenses 51,518 48,433 105,280 99,530
Total Costs and Expenses 373,597 327,910 758,322 683,742
Equity in Income of Investees 6,225 3,327 13,375 7,202
Operating Income 71,549 85,428 151,437 161,700
Other Income (Expense):        
Interest income 441 211 1,219 348
Interest expense (7,869) (3,906) (11,429) (7,423)
Other – net 15,106 6,749 23,016 14,235
Total Other Income (Expense) 7,678 3,054 12,806 7,160
Income before Provision for Income Taxes 79,227 88,482 164,243 168,860
Provision for Income Taxes 18,493 27,062 37,096 51,654
Net Income 60,734 61,420 127,147 117,206
Net Income Attributable to Noncontrolling Interest (71) (157) (43) (224)
Net Income Attributable to BWX Technologies, Inc. $ 60,663 $ 61,263 $ 127,104 $ 116,982
Basic:        
Net Income Attributable to BWX Technologies, Inc. (in usd per share) $ 0.61 $ 0.62 $ 1.28 $ 1.18
Diluted:        
Net Income Attributable to BWX Technologies, Inc. (in usd per share) $ 0.60 $ 0.61 $ 1.26 $ 1.16
Shares used in the computation of earnings per share (Note 10):        
Basic (in shares) 99,681,580 99,166,205 99,603,884 99,305,558
Diluted (in shares) 100,571,737 100,150,926 100,542,014 100,420,948