XML 19 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Revenues $ 2,124,074 $ 2,123,516 $ 1,894,920
Costs and Expenses:      
Cost of operations 1,573,797 1,548,119 1,361,056
Research and development costs 11,059 14,189 17,672
Losses (gains) on asset disposals and impairments, net (3,532) (1,361) 2,824
Selling, general and administrative expenses 230,400 231,169 216,771
Total Costs and Expenses 1,811,724 1,792,116 1,598,323
Equity in Income of Investees 33,498 27,152 28,924
Operating Income 345,848 358,552 325,521
Other Income (Expense):      
Interest income 416 518 942
Interest expense (35,758) (31,014) (35,320)
Other – net 85,207 34,116 22,599
Other Income (Expense) 49,865 3,620 (11,779)
Total before tax 395,713 362,172 313,742
Provision for Income Taxes 89,425 82,976 69,065
Net Income 306,288 279,196 244,677
Net Income Attributable to Noncontrolling Interest (417) (526) (562)
Net Income Attributable to BWX Technologies, Inc. $ 305,871 $ 278,670 $ 244,115
Basic:      
Net income attributable to BWX Technologies, Inc. (USD per share) $ 3.24 $ 2.92 $ 2.56
Diluted:      
Net income attributable to BWX Technologies, Inc. (USD per share) $ 3.24 $ 2.91 $ 2.55
Shares used in the computation of earnings per share (Note 17):      
Basic (in shares) 94,278,894 95,457,193 95,377,414
Diluted (in shares) 94,518,422 95,726,497 95,810,538