Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2015

In connection with the spin-off, BWC changed its name to BWX Technologies, Inc. We are a party to transactions with our former Parent and its subsidiaries in the normal course of operations. These transactions include the following:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2015			2014			2015			2014
	(In thousands)
Sales to our former Parent	$	(286	)	$	(1,312	)	$	(911	)	$	(4,220	)
Corporate administrative expense	$	17,332		$	18,332		$	35,343		$	36,664

Schedule of Change in Our Former Parent's Historical Investment Due to Net Transfers (to) from Former Parent

Net transfers (to) from former Parent represent the change in our former Parent’s historical investment in us. It primarily includes the net effect of cost allocations from transactions with our former Parent, sales to our former Parent, and the net transfers of cash and assets to our former Parent.


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2015			2014			2015			2014
	(In thousands)
Sales to former Parent	$	(286	)	$	(1,312	)	$	(911	)	$	(4,220	)
Corporate administrative expenses		17,332			18,332			35,343			36,664
Income tax allocation		7,441			(2,439	)		11,872			(6,484	)
Acquisition of business, net of cash acquired		—			127,704			—			127,704
Cash pooling and general financing activities		(44,129	)		16,584			(91,015	)		61,598
Cash contribution received at spin-off		125,300			—			125,300			—

Net transfer from former Parent per statement of cash flows	$	105,658		$	158,869		$	80,589		$	215,262
Non-cash items:
Net transfer of assets and liabilities		44,706			—			44,706			—
Distribution of Nuclear Energy segment		(47,839	)		—			(47,839	)		—

Net transfer from former Parent per statement of shareholders’ equity	$	102,525		$	158,869		$	77,456		$	215,262