| ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following tables show the changes in the components of our accumulated other comprehensive income (loss), net of tax, for the three-month periods ended March 31, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | Net benefit | | Foreign | | | | Net unrealized | | plan assets | | currency | | | | gain (loss) | | and | | translation | | | | on investments | | obligations | | adjustment | | Total | Balance as of December 31, 2025 | $ | (25,268) | | | $ | 18,559 | | | $ | 1,646 | | | $ | (5,063) | | | Change in accumulated other comprehensive income (loss) before reclassifications | (14,850) | | | (572) | | | (452) | | | (15,874) | | | Reclassification adjustments from accumulated other comprehensive income (loss) | 201 | | | — | | | — | | | 201 | | Balance as of March 31, 2026 | $ | (39,917) | | | $ | 17,987 | | | $ | 1,194 | | | $ | (20,736) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net benefit | | Foreign | | | | Net unrealized | | plan assets | | currency | | | | gain (loss) | | and | | translation | | | | on investments | | obligations | | adjustment | | Total | Balance as of December 31, 2024 | $ | (72,241) | | | $ | 17,660 | | | $ | (200) | | | $ | (54,781) | | | Change in accumulated other comprehensive income (loss) before reclassifications | 19,943 | | | (572) | | | 1,572 | | | 20,943 | | | Reclassification adjustments from accumulated other comprehensive income (loss) | 596 | | | — | | | — | | | 596 | | Balance as of March 31, 2025 | $ | (51,702) | | | $ | 17,088 | | | $ | 1,372 | | | $ | (33,242) | |
Income tax effects are released from accumulated other comprehensive income (loss) for unrealized gains or losses when the gains or losses are realized.
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