v3.26.1
Assets and Liabilities Measured at Fair Value (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes assets and liabilities measured at fair value on a recurring basis as of March 31, 2026, aggregated by the level in the fair value hierarchy within which those measurements fall:
Fair ValueFair Value Measurements Using
Quoted Prices in Active Markets for Identical Assets and Liabilities
(Level 1)
Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs
(Level 3)
(In thousands)
Assets:
Investments:
Equities and equity funds
$123,246 $123,246 $— $— 
Corporate and government bonds
2,002 2,002 — — 
Bond market funds
73,054 73,054 — — 
198,302 198,302 — — 
Commodity derivatives
19,256 — 19,256 — 
$217,558 $198,302 $19,256 $— 
Liabilities:
Interest rate swaps
$19,689 $— $19,689 $— 
Commodity derivatives
33,764 — 33,764 — 
$53,453 $— $53,453 $— 
The following table summarizes assets and liabilities measured at fair value on a recurring basis as of December 31, 2025, aggregated by the level in the fair value hierarchy within which those measurements fall:
Fair ValueFair Value Measurements Using
Quoted Prices in Active Markets for Identical Assets and Liabilities
(Level 1)
Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs
(Level 3)
(In thousands)
Assets:
Investments:
Equities and equity funds
$128,659 $128,659 $— $— 
Corporate and government bonds
1,971 1,971 — — 
Bond market funds
73,004 73,004 — — 
203,634 203,634 — — 
Commodity derivatives
42,880 — 42,880 — 
$246,514 $203,634 $42,880 $— 
Liabilities:
Interest rate swaps
$22,031 $— $22,031 $— 
Commodity derivatives
31,440 — 31,440 — 
$53,471 $— $53,471 $—