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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 36,984 $ 74,109
Restricted cash and cash equivalents 3,049 2,785
Accounts receivable – trade, net 148,756 99,112
Accounts receivable – other 24,508 53,199
Retainages 40,712 33,667
Contracts in progress 639,601 577,745
Inventories 51,560 40,288
Other current assets 51,715 49,092
Total Current Assets 996,885 929,997
Property, Plant and Equipment, Net 1,537,771 1,278,161
Investments 7,572 10,609
Goodwill 512,602 287,362
Deferred Income Taxes 4,727 6,569
Investments in Unconsolidated Affiliates 175,635 99,403
Intangible Assets 324,533 165,325
Other Assets 139,347 92,498
TOTAL ASSETS 3,699,072 2,869,924
Current Liabilities:    
Current portion of long-term debt 12,500 12,500
Accounts payable 191,500 158,077
Accrued employee benefits 83,274 77,234
Accrued liabilities – other 104,576 65,100
Advance billings on contracts 198,336 161,290
Total Current Liabilities 590,186 474,201
Long-Term Debt 1,519,728 1,042,970
Accumulated Postretirement Benefit Obligation 77,490 16,515
Environmental Liabilities 96,620 94,225
Pension Liability 108,215 82,602
Other Liabilities 122,927 79,007
Commitments and Contingencies (Note 5)
Stockholders' Equity:    
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 128,680,180 and 128,320,295 shares at June 30, 2025 and December 31, 2024, respectively 1,286 1,283
Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; No shares issued 0 0
Capital in excess of par value 243,068 228,889
Retained earnings 2,394,737 2,287,151
Treasury stock at cost, 37,281,441 and 36,869,498 shares at June 30, 2025 and December 31, 2024, respectively (1,431,542) (1,388,432)
Accumulated other comprehensive income (loss) (23,385) (48,211)
Stockholders' Equity – BWX Technologies, Inc. 1,184,164 1,080,680
Noncontrolling interest (258) (276)
Total Stockholders' Equity 1,183,906 1,080,404
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 3,699,072 $ 2,869,924