| Accumulated Other Comprehensive Income (“AOCI”) |
Note 6 - Accumulated Other Comprehensive Income (“AOCI”) The following tables set forth the total changes in AOCI by component, net of tax: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2025 | | Year Ended December 31, 2024 | | Unrecognized
Benefit Cost | | Cumulative
Translation
Adjustment | | Total | | Unrecognized
Benefit Cost | | Cumulative
Translation
Adjustment | | Total | | Balance at January 1 | $ | (5,373) | | | $ | (77,536) | | | $ | (82,909) | | | $ | (4,478) | | | $ | (55,828) | | | $ | (60,306) | | | Other comprehensive income (loss) before reclassifications: | | | | | | | | | | | | | Foreign currency translation adjustment | — | | | 24,171 | | | 24,171 | | | — | | | (21,708) | | | (21,708) | | | Loss on pension asset | (2,610) | | | — | | | (2,610) | | | (1,236) | | | — | | | (1,236) | | | | | | | | | | | | | | | Amounts reclassified from AOCI: | | | | | | | | | | | | | Amortization of defined benefit pension activity (a) | 7,983 | | | — | | | 7,983 | | | 341 | | | — | | | 341 | | Recognition of deferred losses from pension termination (a) | — | | | — | | | — | | | — | | | — | | | — | | | Net current period other comprehensive income (loss) | 5,373 | | | 24,171 | | | 29,544 | | | (895) | | | (21,708) | | | (22,603) | | | Balance at December 31 | $ | — | | | $ | (53,365) | | | $ | (53,365) | | | $ | (5,373) | | | $ | (77,536) | | | $ | (82,909) | |
(a) This AOCI component is included in the computation of net periodic pension expense as noted in Note 5 – Pension Plans.
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