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BWX Technologies, Inc. (BWXT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  2,232.82,124.12,123.51,894.91,799.91,687.71,566.61,415.5
            Revenues growth  5.1%0.0%12.1%5.3%6.6%7.7%10.7%-2.4%
Costs and Expenses:          
Cost of operations  1,680.91,573.81,548.11,361.11,295.91,192.01,086.31,027.4
Research and development costs  9.511.114.217.715.27.26.410.5
Selling, general and administrative expenses  234.3230.4231.2216.8214.1210.1209.5207.8
    Total Costs and Expenses  3,900.93,660.53,612.73,222.73,080.82,832.11,332.22,498.7
Equity in Income of Investees  46.033.527.228.930.313.616.113.4
    Operating Income  348.6345.8358.6325.5305.0292.2234.4205.9
            Operating margin  15.6%16.3%16.9%17.2%16.9%17.3%15.0%14.5%
   
Other Income (Expense):          
Interest income  0.80.40.50.92.51.40.730.3
Interest expense  -36.4-35.8-31.0-35.3-27.8-14.9-8.4-10.2
   
Other – net          
    Total Other Income (Expense)  -34.249.93.6-11.8-24.83.622.8-39.6
    Income before Provision for Income Taxes  314.4395.7362.2313.7280.1295.8257.3221.1
Provision for Income Taxes  75.889.483.069.152.8147.473.780.4
    Net Income  238.6306.3279.2244.7227.3148.4183.6272.1
Net Loss (Income) Attributable to Noncontrolling Interest  -0.4-0.4-0.5-0.6-0.3-0.5-0.60.0
    Net Income Attributable to BWX Technologies, Inc.  238.2305.9278.7244.1227.0147.8183.1131.5
   
Earnings per Common Share:          
Basic:          
Net Income Attributable to BWX Technologies, Inc. (in usd per share)  $2.60$3.24$2.92$2.56$2.29$1.49$1.79$1.23
   
Diluted:          
Net Income Attributable to BWX Technologies, Inc. (in usd per share)  $2.60$3.24$2.91$2.55$2.27$1.47$1.76$1.22
   
Shares used in the computation of earnings per share (Note 9):          
Basic (in shares)  91.494.395.595.499.199.3102.5106.7
Diluted (in shares)  91.794.595.795.8100.0100.4103.8107.6

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