v3.25.2
Retirement Plans
 6 Months Ended
Jun. 30, 2025
Retirement Plans [Abstract]  
Retirement Plans
9.
Retirement Plans
 
The Company’s components of annual benefit cost for the defined benefit plans for the periods presented are as follows:
 

  
Three Months Ended
June 30,
    
Six Months Ended
June 30,
  
(In thousands)
  
2025
    
2024
    
2025
    
2024
  
Service cost
  
$
376
    
$
509
    
$
745
    
$
881
  
Interest cost
    
455
      
529
      
899
      
930
  
Expected return on plan assets
    
(276
)
    
(260
)
    
(541
)
    
(502
)
Recognized actuarial gain
    
(71
)
    
(91
)
    
(143
)
    
(182
)
Total defined benefit expense
  
$
484
    
$
687
    
$
960
    
$
1,127
  
 
The Company’s non-service cost portion of defined benefit expense is recorded in Interest Expense on the Company’s Consolidated Statements of Earnings. The Company’s service cost portion of defined benefit expense is recorded in Selling and Administrative Expenses on the Company’s Consolidated Statements of Earnings.