v3.26.1
Stockholders' Equity
3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Stockholders’ Equity
Preferred Stock
The Company is authorized to issue 15,000 shares of preferred stock, par value $0.01. As of March 31, 2026 and December 31, 2025, no shares of preferred stock were outstanding.
Stock Repurchase Program
On March 31, 2020, the Company’s Board of Directors authorized a share repurchase program to repurchase up to $350,000 of the Company’s Class A Common Stock. The program was re-authorized by the Company’s Board of Directors on March 29, 2023. Under the authorization, shares of Class A Common Stock may be purchased from time to time in open market or private transactions, block trades or such other manner as the Company may determine, in accordance with applicable insider trading and other securities laws and regulations. The timing and amount of purchases will depend on market conditions and other factors. During the three months ended March 31, 2026, the Company did not engage in any share repurchase activities under its share repurchase program. As of March 31, 2026, the Company had approximately $300,000 remaining available for repurchases of the Company’s Class A Common Stock.
Accumulated Other Comprehensive Loss
The following tables detail the components of accumulated other comprehensive loss:
Pension Plans and
Postretirement
Plan
Cumulative
Translation
Adjustments
Accumulated
Other
Comprehensive
Loss
Balance as of December 31, 2025$(6,854)$6,072 $(782)
Other comprehensive loss:
Other comprehensive loss before reclassifications— (111)(111)
Amounts reclassified from accumulated other comprehensive loss (a)(372)— (372)
Income tax benefit96 28 124 
Other comprehensive loss, total(276)(83)(359)
Balance as of March 31, 2026$(7,130)$5,989 $(1,141)
Pension Plans and
Postretirement
Plan
Cumulative
Translation
Adjustments
Accumulated
Other
Comprehensive
Loss
Balance as of December 31, 2024
$(5,877)$(1,631)$(7,508)
Other comprehensive (loss) income:
Other comprehensive income before reclassifications— 1,941 1,941 
Amounts reclassified from accumulated other comprehensive loss (a)(233)— (233)
Income tax benefit62 215 277 
Other comprehensive (loss) income, total(171)2,156 1,985 
Balance as of March 31, 2025$(6,048)$525 $(5,523)
_________________
(a)    Amounts reclassified from accumulated other comprehensive loss represent the amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected under Other expense, net in the accompanying condensed consolidated statements of operations (see Note 11. Pension Plans and Other Postretirement Benefit Plan).