v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 568,526 $ 499,779
Restricted cash and cash equivalents 3,140 3,085
Accounts receivable – trade, net 168,800 220,391
Accounts receivable – other 84,991 67,858
Retainages 98,219 46,311
Contracts in progress 742,257 610,315
Inventories 35,969 46,537
Other current assets 59,134 66,078
Assets of business held for sale 40,822 0
Total Current Assets 1,801,858 1,560,354
Property, Plant and Equipment, Net 1,265,344 1,585,136
Investments 8,792 8,243
Goodwill 472,970 500,860
Deferred Income Taxes 158 12,275
Investments in Unconsolidated Affiliates 161,511 150,143
Intangible Assets 277,525 329,859
Other Assets 106,605 124,625
Assets of Business Held for Sale 659,531 0
TOTAL ASSETS 4,754,294 4,271,495
Current Liabilities:    
Accounts payable 281,639 141,289
Accrued employee benefits 95,414 117,641
Accrued liabilities – other 126,499 107,802
Advance billings on contracts 428,342 305,285
Liabilities of business held for sale 29,032 0
Total Current Liabilities 960,926 672,017
Long-Term Debt 2,021,883 2,015,983
Accumulated Postretirement Benefit Obligation 78,672 78,460
Environmental Liabilities 105,836 100,278
Pension Liability 59,279 78,167
Other Liabilities 92,701 93,578
Liabilities of Business Held for Sale 16,700 0
Total Liabilities 3,335,997 3,038,483
Commitments and Contingencies
Stockholders' Equity:    
Common stock, par value $0.01 per share, authorized 325,000,000 shares; issued 129,011,818 and 128,720,819 shares at September 30, 2026 and December 31, 2025, respectively 1,289 1,288
Preferred stock, par value $0.01 per share, authorized 75,000,000 shares; No shares issued 0 0
Capital in excess of par value 193,299 159,884
Retained earnings 2,730,547 2,523,631
Treasury stock at cost, 37,387,081 and 37,289,582 shares at September 30, 2026 and December 31, 2025, respectively (1,453,077) (1,432,943)
Accumulated other comprehensive loss (53,701) (19,373)
Stockholders' Equity – BWX Technologies, Inc. 1,418,357 1,232,487
Noncontrolling interest (60) 525
Total Stockholders' Equity 1,418,297 1,233,012
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,754,294 $ 4,271,495