Earnings Per Share

6 Months Ended

Jun. 30, 2020

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
	(In thousands, except share and per share amounts)
Basic:
Net Income Attributable to BWX Technologies, Inc.	$	64,258	$	58,878	$	139,757	$	107,856
Weighted-average common shares	95,457,629		95,357,311		95,434,990		95,306,210
Basic earnings per common share	$	0.67	$	0.62	$	1.46	$	1.13
Diluted:
Net Income Attributable to BWX Technologies, Inc.	$	64,258	$	58,878	$	139,757	$	107,856
Weighted-average common shares (basic)	95,457,629		95,357,311		95,434,990		95,306,210
Effect of dilutive securities:
Stock options, restricted stock units and performance shares ⁽¹⁾	175,942		319,893		259,982		443,070
Adjusted weighted-average common shares	95,633,571		95,677,204		95,694,972		95,749,280
Diluted earnings per common share	$	0.67	$	0.62	$	1.46	$	1.13

(1)At June 30, 2020 and 2019, we excluded 8,321 and 52,386 shares, respectively, from our diluted share calculation as their effect would have been antidilutive.