v3.26.1
Fair Value Measurements
12 Months Ended
Dec. 31, 2025
EBP 002  
EBP, Investment, Fair Value and NAV [Line Items]  
Fair Value Measurements Fair Value Measurements
The following is a description of valuation methodologies used for fair value measurement of cash and investments:
CashCash is valued at cost, which approximates fair value.
Mutual fundsMutual funds are valued at the daily closing price reported on the NASDAQ.
Common stocksCommon stocks are valued at the closing price reported on the New York Stock Exchange.
Money market fundThe money market fund is valued at cost, which approximates fair value.
The valuation methodologies described above may generate a fair value calculation that may not be indicative of net realizable value or future fair values. While the Plan’s management believes the valuation methodologies used are appropriate, the use of different methodologies or assumptions in calculating fair value could result in different amounts.
The following tables provide information by level on the Plan's assets which are measured at fair value on a recurring basis. Assets that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified by level in the fair value hierarchy.

December 31, 2025
 Fair Value Measurements Using
 Fair ValueLevel 1Level 2Level 3
Cash$1,505 $1,505 $$
Mutual funds$350,354,432 $350,354,432 $$
Common stocks206,715,811 206,715,811 
Money market fund36,958,228 36,958,228 
Total investments, at fair value$594,028,471 $594,028,471 $$

December 31, 2024
 Fair Value Measurements Using
 Fair ValueLevel 1Level 2Level 3
Cash$47,352 $47,352 $$
Mutual funds$321,933,464 $321,933,464 $$
Common stocks172,726,965 $172,726,965 
Money market fund41,165,084 41,165,084 
Total investments, at fair value$535,825,513 $535,825,513 $$