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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 33,891 $ 42,610
Restricted cash and cash equivalents 2,896 3,070
Investments 3,811 3,707
Accounts receivable – trade, net 70,663 153,368
Accounts receivable – other 16,651 22,239
Retainages 51,507 55,172
Contracts in progress 546,595 449,176
Other current assets 47,718 44,256
Total Current Assets 773,732 773,598
Property, Plant and Equipment, Net 1,045,640 816,471
Investments 9,558 9,356
Goodwill 285,502 283,708
Deferred Income Taxes 21,394 49,415
Investments in Unconsolidated Affiliates 85,284 71,806
Intangible Assets 185,551 192,751
Other Assets 94,719 96,398
TOTAL 2,501,380 2,293,503
Current Liabilities:    
Bank overdraft 0 88,694
Accounts payable 189,842 184,392
Accrued employee benefits 71,835 89,740
Accrued liabilities – other 80,998 78,028
Advance billings on contracts 111,619 83,581
Accrued warranty expense 5,321 5,292
Total Current Liabilities 459,615 529,727
Long-Term Debt 1,189,304 862,731
Accumulated Postretirement Benefit Obligation 24,333 25,689
Environmental Liabilities 92,642 84,153
Pension Liability 59,388 144,859
Other Liabilities 38,863 28,576
Commitments and Contingencies (Note 10)
Stockholders' Equity:    
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 127,311,985 and 127,009,536 shares at December 31, 2021 and 2020, respectively 1,273 1,270
Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; no shares issued 0 0
Capital in excess of par value 174,288 153,800
Retained earnings 1,775,751 1,549,950
Treasury stock at cost, 35,915,747 and 31,698,747 shares at December 31, 2021 and 2020, respectively (1,326,280) (1,095,452)
Accumulated other comprehensive income (loss) 12,143 8,198
Stockholders' Equity – BWX Technologies, Inc. 637,175 617,766
Noncontrolling interest 60 2
Total Stockholders' Equity 637,235 617,768
TOTAL $ 2,501,380 $ 2,293,503