v3.25.2
STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2025
STOCKHOLDERS' EQUITY  
Components of accumulated other comprehensive income

    

June 30

    

December 31

    

2025

    

2024

 

(in thousands)

Pre-tax amounts:

Unrecognized net periodic benefit credit

$

5,240

$

5,660

Foreign currency translation

 

(4,656)

 

(5,323)

Total

$

584

$

337

After-tax amounts:

Unrecognized net periodic benefit credit

$

3,891

$

4,203

Foreign currency translation

 

(3,439)

 

(3,931)

Total

$

452

$

272

Summary of changes in accumulated other comprehensive income, net of tax, by component

Unrecognized

Interest

Foreign

Net Periodic

Rate

Currency

    

Total

    

Benefit Credit

    

Swap

    

Translation

 

(in thousands)

Balances at December 31, 2024

$

272

$

4,203

$

$

(3,931)

Other comprehensive income before reclassifications

492

492

Amounts reclassified from accumulated other comprehensive income

(312)

(312)

Net current-period other comprehensive income (loss)

180

(312)

492

Balances at June 30, 2025

$

452

$

3,891

$

$

(3,439)

Balances at December 31, 2023

$

4,324

$

5,061

$

1,263

$

(2,000)

Other comprehensive loss before reclassifications

 

(1,479)

 

(798)

 

(681)

Amounts reclassified from accumulated other comprehensive income

 

(372)

 

(372)

 

Net current-period other comprehensive loss

 

(1,851)

 

(372)

(798)

 

(681)

Balances at June 30, 2024

$

2,473

$

4,689

$

465

$

(2,681)

Summary of the significant reclassifications out of accumulated other comprehensive income by component

Unrecognized Net Periodic

Benefit Credit

 

Six Months Ended June 30

    

2025

    

2024

 

(in thousands)

 

Amortization of net actuarial gain, pre-tax(1)

$

420

$

501

Tax expense

(108)

 

(129)

Total, net of tax

$

312

$

372

(1)Included in the computation of net periodic benefit credit of the Company’s supplemental benefit plan and postretirement health benefit plan.

Summary of dividends declared

2025

2024

    

Per Share

    

Amount

    

Per Share

    

Amount

 

(in thousands, except per share data)

First quarter

$

0.12

$

2,785

$

0.12

$

2,828

Second quarter

$

0.12

$

2,758

$

0.12

$

2,819