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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 612,445 $ 554,208 $ 1,180,805 $ 1,084,946
Costs and Expenses:        
Cost of operations 471,324 413,000 902,454 817,827
Research and development costs 2,595 2,611 4,799 5,564
Losses (gains) on asset disposals and impairments, net (9) (1) (15) 29
Selling, general and administrative expenses 64,437 54,680 125,272 114,814
Total Costs and Expenses 538,347 470,290 1,032,510 938,234
Equity in Income of Investees 12,568 11,319 26,213 20,098
Operating Income 86,666 95,237 174,508 166,810
Other Income (Expense):        
Interest income 517 73 980 190
Interest expense (12,206) (8,307) (23,025) (15,358)
Other – net 2,962 11,096 5,150 23,905
Total Other Income (Expense) (8,727) 2,862 (16,895) 8,737
Income before Provision for Income Taxes 77,939 98,099 157,613 175,547
Provision for Income Taxes 19,274 23,418 37,955 41,792
Net Income 58,665 74,681 119,658 133,755
Net Loss (Income) Attributable to Noncontrolling Interest (68) (68) 31 (132)
Net Income Attributable to BWX Technologies, Inc. $ 58,597 $ 74,613 $ 119,689 $ 133,623
Basic:        
Net Income Attributable to BWX Technologies, Inc. (in usd per share) $ 0.64 $ 0.82 $ 1.31 $ 1.46
Diluted:        
Net Income Attributable to BWX Technologies, Inc. (in usd per share) $ 0.64 $ 0.82 $ 1.30 $ 1.46
Shares used in the computation of earnings per share (Note 9):        
Basic (in shares) 91,626,846 91,394,853 91,565,417 91,479,226
Diluted (in shares) 91,805,179 91,540,319 91,802,435 91,670,307