XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Revenues $ 2,123,516 $ 1,894,920 $ 1,799,889
Costs and Expenses:      
Cost of operations 1,548,119 1,361,056 1,295,876
Research and development costs 14,189 17,672 15,223
Losses (gains) on asset disposals and impairments, net (1,361) 2,824 64
Selling, general and administrative expenses 231,169 216,771 214,092
Total Costs and Expenses 1,792,116 1,598,323 1,525,255
Equity in Income of Investees 27,152 28,924 30,343
Operating Income 358,552 325,521 304,977
Other Income (Expense):      
Interest income 518 942 2,479
Interest expense (31,014) (35,320) (27,823)
Other – net 34,116 22,599 512
Other Income (Expense) 3,620 (11,779) (24,832)
Total before tax 362,172 313,742 280,145
Provision for Income Taxes 82,976 69,065 52,840
Net Income 279,196 244,677 227,305
Net Income Attributable to Noncontrolling Interest (526) (562) (347)
Net Income Attributable to BWX Technologies, Inc. $ 278,670 $ 244,115 $ 226,958
Basic:      
Net income attributable to BWX Technologies, Inc. (USD per share) $ 2.92 $ 2.56 $ 2.29
Diluted:      
Net income attributable to BWX Technologies, Inc. (USD per share) $ 2.91 $ 2.55 $ 2.27
Shares used in the computation of earnings per share (Note 17):      
Basic (in shares) 95,457,193 95,377,414 99,062,087
Diluted (in shares) 95,726,497 95,810,538 100,019,053