v3.26.1
Investments (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Trading, and Equity Securities, FV-NI The cost, unrealized holding gains and losses, and fair value of equity and debt securities that do not have an allowance for credit losses were as follows as of March 31, 2026:
Gross
Unrealized Holding		Fair
Value
CostGainsLosses
(In thousands)
Available-for-sale debt securities:
Corporate and government bonds$1,958 $44 $— $2,002 
Equity securities:
Equities and equity funds43,347 79,899 — 123,246 
Bond market funds79,293 — (6,239)73,054 
122,640 79,899 (6,239)196,300 
Other208 — — 208 
$124,806 $79,943 $(6,239)$198,510 
The cost, unrealized holding gains and losses, and fair value of equity and debt securities that do not have an allowance for credit losses were as follows as of December 31, 2025:
Gross
Unrealized Holding		Fair
Value
CostGainsLosses
(In thousands)
Available-for-sale debt securities:
Corporate and government bonds$1,947 $24 $— $1,971 
Equity securities:
Equities and equity funds42,147 86,512 — 128,659 
Bond market funds78,577 — (5,573)73,004 
120,724 86,512 (5,573)201,663 
Other88 — — 88 
$122,759 $86,536 $(5,573)$203,722 
Investments Classified by Contractual Maturity Date
The fair value of available-for-sale debt securities by contracted maturity date as of March 31, 2026 was as follows:
March 31, 2026
(In thousands)
Due through one year$461 
Due after one year through five years729 
Due after five years812 
$2,002 
Debt Securities, Held-to-Maturity The amortized cost of held-to-maturity debt securities as of March 31, 2026 and December 31, 2025, was as follows:
March 31,
2026		December 31, 2025
(In thousands)
Corporate commercial paper
$17,650 $38,030 
Money market funds
689,108 745,170 
Treasuries
209,292 199,300 
$916,050 $982,500