| Debt |
At March 31, 2026 and December 31, 2025, debt was comprised of the following:
|
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
Maturity
Dates |
|
March 31,
2026 |
|
|
December 31,
2025 |
|
Senior unsecured notes |
|
|
|
|
|
|
|
|
3.95% (net of unamortized debt issuance cost
of $45 and $56 for 2026 and 2025, respectively) |
|
2026-2027 |
|
$ |
28,525 |
|
|
$ |
28,515 |
|
2.30% (net of unamortized debt issuance cost
of $49 and $55 for 2026 and 2025, respectively) |
|
2026-2028 |
|
|
29,951 |
|
|
|
29,945 |
|
2.37% (net of unamortized debt issuance cost
of $54 and $60 for 2026 and 2025, respectively) |
|
2026-2028 |
|
|
29,946 |
|
|
|
29,940 |
|
2.73% (net of unamortized debt issuance cost
of $48 and $52 for 2026 and 2025, respectively) |
|
2026-2031 |
|
|
85,666 |
|
|
|
85,662 |
|
2.83% (net of unamortized debt issuance cost
of $50 and $52 for 2026 and 2025, respectively) |
|
2026-2032 |
|
|
64,237 |
|
|
|
74,948 |
|
6.17% (net of unamortized debt issuance cost
of $0 and $0 for 2026 and 2025, respectively) |
|
2029-2033 |
|
|
75,000 |
|
|
|
75,000 |
|
Revolving credit facility and term loan borrowing |
|
2026-2027 |
|
|
338,400 |
|
|
|
302,700 |
|
Total debt |
|
|
|
$ |
651,725 |
|
|
$ |
626,710 |
|
Less current maturities |
|
|
|
|
323,310 |
|
|
|
285,735 |
|
Long-term debt |
|
|
|
$ |
328,415 |
|
|
$ |
340,975 |
|
|