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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 77,627 $ 86,540
Restricted cash and cash equivalents 3,066 3,056
Investments 3,694 5,843
Accounts receivable – trade, net 63,051 56,721
Accounts receivable – other 11,292 13,426
Retainages 62,385 46,670
Contracts in progress 407,854 376,037
Other current assets 37,226 41,462
Assets held for sale 20,845 0
Total Current Assets 687,040 629,755
Property, Plant and Equipment, Net 594,157 580,241
Investments 6,291 7,620
Goodwill 271,593 275,502
Deferred Income Taxes 55,129 58,689
Investments in Unconsolidated Affiliates 71,754 70,116
Intangible Assets 185,678 191,392
Other Assets 94,961 95,598
TOTAL 1,966,603 1,908,913
Current Liabilities:    
Current maturities of long-term debt 13,924 14,711
Accounts payable 123,975 170,678
Accrued employee benefits 54,190 82,640
Accrued liabilities – other 44,825 52,213
Advance billings on contracts 80,065 75,425
Accrued warranty expense 4,873 9,042
Income taxes payable 18,721 0
Liabilities associated with assets held for sale 2,585 0
Total Current Liabilities 343,158 404,709
Long-Term Debt 911,312 809,442
Accumulated Postretirement Benefit Obligation 22,066 23,259
Environmental Liabilities 80,634 80,368
Pension Liability 164,031 172,508
Other Liabilities 15,890 14,515
Commitments and Contingencies (Note 6)
Stockholders' Equity:    
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 126,888,659 and 126,579,285 shares at March 31, 2020 and December 31, 2019, respectively 1,269 1,266
Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; No shares issued 0 0
Capital in excess of par value 138,500 134,069
Retained earnings 1,401,628 1,344,383
Treasury stock at cost, 31,660,046 and 31,266,670 shares at March 31, 2020 and December 31, 2019, respectively (1,093,240) (1,068,164)
Accumulated other comprehensive income (loss) (18,645) (7,448)
Stockholders' Equity – BWX Technologies, Inc. 429,512 404,106
Noncontrolling interest 0 6
Total Stockholders' Equity 429,512 404,112
TOTAL $ 1,966,603 $ 1,908,913