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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues $ 519,878 $ 506,000 $ 1,566,606 $ 1,393,685
Costs and Expenses:        
Cost of operations 373,783 357,732 1,133,760 999,390
Research and development costs 2,933 5,125 11,565 15,631
Losses (gains) on asset disposals and impairments, net 25 (6) 324 145
Selling, general and administrative expenses 62,638 52,561 170,733 158,296
Total Costs and Expenses 439,379 415,412 1,316,382 1,173,462
Equity in Income of Investees 8,271 7,874 19,247 22,418
Operating Income 88,770 98,462 269,471 242,641
Other Income (Expense):        
Interest income 161 232 453 784
Interest expense (7,701) (8,858) (23,533) (27,103)
Other – net 10,652 4,670 28,019 18,795
Total Other Income (Expense) 3,112 (3,956) 4,939 (7,524)
Income before Provision for Income Taxes 91,882 94,506 274,410 235,117
Provision for Income Taxes 18,687 19,508 61,199 52,009
Net Income 73,195 74,998 213,211 183,108
Net Income Attributable to Noncontrolling Interest (24) (188) (283) (442)
Net Income Attributable to BWX Technologies, Inc. $ 73,171 $ 74,810 $ 212,928 $ 182,666
Basic:        
Net Income Attributable to BWX Technologies, Inc. (in usd per share) $ 0.77 $ 0.78 $ 2.23 $ 1.92
Diluted:        
Net Income Attributable to BWX Technologies, Inc. (in usd per share) $ 0.76 $ 0.78 $ 2.22 $ 1.91
Shares used in the computation of earnings per share (Note 10):        
Basic (in shares) 95,483,003 95,420,626 95,450,994 95,344,349
Diluted (in shares) 95,730,696 95,811,198 95,706,880 95,769,919