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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 44,662 $ 86,540
Restricted cash and cash equivalents 3,070 3,056
Investments 3,699 5,843
Accounts receivable – trade, net 85,332 56,721
Accounts receivable – other 29,566 13,426
Retainages 72,130 46,670
Contracts in progress 430,470 376,037
Other current assets 40,671 41,462
Total Current Assets 709,600 629,755
Property, Plant and Equipment, Net 715,098 580,241
Investments 7,531 7,620
Goodwill 275,966 275,502
Deferred Income Taxes 55,115 58,689
Investments in Unconsolidated Affiliates 73,638 70,116
Intangible Assets 189,028 191,392
Other Assets 98,338 95,598
TOTAL 2,124,314 1,908,913
Current Liabilities:    
Current maturities of long-term debt 0 14,711
Accounts payable 162,482 170,678
Accrued employee benefits 79,071 82,640
Accrued liabilities – other 69,023 52,213
Advance billings on contracts 67,066 75,425
Accrued warranty expense 4,909 9,042
Total Current Liabilities 382,551 404,709
Long-Term Debt 902,197 809,442
Accumulated Postretirement Benefit Obligation 21,942 23,259
Environmental Liabilities 85,391 80,368
Pension Liability 150,030 172,508
Other Liabilities 32,123 14,515
Commitments and Contingencies (Note 6)
Stockholders' Equity:    
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 126,970,913 and 126,579,285 shares at September 30, 2020 and December 31, 2019, respectively 1,270 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 148,272 134,069
Retained earnings 1,502,571 1,344,383
Treasury stock at cost, 31,664,602 and 31,266,670 shares at September 30, 2020 and December 31, 2019, respectively (1,093,519) (1,068,164)
Accumulated other comprehensive income (loss) (8,408) (7,448)
Stockholders' Equity – BWX Technologies, Inc. 550,186 404,106
Noncontrolling interest (106) 6
Total Stockholders' Equity 550,080 404,112
TOTAL $ 2,124,314 $ 1,908,913