XML 17 R3.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 35,244 $ 33,891
Restricted cash and cash equivalents 2,928 2,896
Investments 3,804 3,811
Accounts receivable – trade, net 60,782 70,663
Accounts receivable – other 26,894 16,651
Retainages 48,566 51,507
Contracts in progress 538,365 546,595
Other current assets 55,036 47,718
Total Current Assets 771,619 773,732
Property, Plant and Equipment, Net 1,134,897 1,045,640
Investments 8,097 9,558
Goodwill 293,165 285,502
Deferred Income Taxes 20,585 21,394
Investments in Unconsolidated Affiliates 100,198 85,284
Intangible Assets 193,612 185,551
Other Assets 96,766 94,719
TOTAL 2,618,939 2,501,380
Current Liabilities:    
Current maturities of long-term debt 6,250 0
Accounts payable 127,112 189,842
Accrued employee benefits 61,079 71,835
Accrued liabilities – other 84,693 86,319
Advance billings on contracts 88,726 111,619
Total Current Liabilities 367,860 459,615
Long-Term Debt 1,282,624 1,189,304
Accumulated Postretirement Benefit Obligation 18,157 24,333
Environmental Liabilities 90,989 92,642
Pension Liability 57,832 59,388
Other Liabilities 53,122 38,863
Commitments and Contingencies (Note 10)
Stockholders' Equity:    
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 127,671,756 and 127,311,985 shares at December 31, 2022 and 2021, respectively 1,277 1,273
Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; no shares issued 0 0
Capital in excess of par value 189,263 174,288
Retained earnings 1,932,970 1,775,751
Treasury stock at cost, 36,417,480 and 35,915,747 shares at December 31, 2022 and 2021, respectively (1,353,270) (1,326,280)
Accumulated other comprehensive income (loss) (21,930) 12,143
Stockholders' Equity – BWX Technologies, Inc. 748,310 637,175
Noncontrolling interest 45 60
Total Stockholders' Equity 748,355 637,235
TOTAL $ 2,618,939 $ 2,501,380