| Earnings Per Share |
EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | (In thousands, except share and per share amounts) | | Basic: | | | | | | | | | | Net Income Attributable to BWX Technologies, Inc. | | $ | 101,712 | | | $ | 82,106 | | | $ | 281,797 | | | $ | 235,956 | | | Weighted-average common shares | | 91,725,656 | | | 91,565,095 | | | 91,703,499 | | | 91,567,382 | | | Basic earnings per common share | | $ | 1.11 | | | $ | 0.90 | | | $ | 3.07 | | | $ | 2.58 | | | Diluted: | | | | | | | | | | Net Income Attributable to BWX Technologies, Inc. | | $ | 101,712 | | | $ | 82,106 | | | $ | 281,797 | | | $ | 235,956 | | | Weighted-average common shares (basic) | | 91,725,656 | | | 91,565,095 | | | 91,703,499 | | | 91,567,382 | | | Effect of dilutive securities: | | | | | | | | | Stock options, restricted stock units and performance shares (1) | | 266,091 | | | 222,507 | | | 265,700 | | | 220,620 | | | Adjusted weighted-average common shares | | 91,991,747 | | | 91,787,602 | | | 91,969,199 | | | 91,788,002 | | | Diluted earnings per common share | | $ | 1.11 | | | $ | 0.89 | | | $ | 3.06 | | | $ | 2.57 | |
(1)At September 30, 2026 and 2025, we excluded 173,926 and 12,297 shares, respectively, from our diluted share calculation as their effect would have been antidilutive.
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