Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Fair Value Measurements, Assets and Liabilities

The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of the dates indicated:


	March 31, 2026								December 31, 2025
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs				Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	(In thousands)
Assets:
Interest rate swaps	$	—	$	255	$	—	$	255	$	—	$	241	$	—	$	241

Liabilities:
Interest rate swaps	$	—	$	778	$	—	$	778	$	—	$	1,607	$	—	$	1,607

Schedule of Debt Securities, Carrying Value and Fair Value

The following table presents the carrying value and estimated fair value of the Company’s outstanding debt as described in Note 8 - Long-Term Debt, including the current portion, as of the dates indicated:


	Fair Value Measurements
(In thousands)	Level 1		Level 2		Level 3		Carrying Value
March 31, 2026
Fixed rate debt:

Bank of America	$	—	$	—	$	38	$	40


Other financial institutions	—		1,708		—		1,959
Variable rate debt:
JPMorgan Chase	$	—	$	91,538	$	—	$	91,538
Bank of America	$	—	$	1,885	$	—	$	1,885
East West Bank	$	—	$	5,282	$	—	$	5,282

December 31, 2025
Fixed rate debt:

Bank of America	$	—	$	—	$	48	$	51


Other finance institutions	$	—	$	2,474	$	—	$	2,784
Variable rate debt:
JPMorgan Chase	$	—	$	96,023	$	—	$	96,023
Bank of America	$	—	$	1,930	$	—	$	1,930
East West Bank	$	—	$	5,331	$	—	$	5,331