v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (unaudited) - USD ($)
$ in Thousands
Total
Memberships
Patronage Capital
Retained Earnings of Subsidiaries
Other Equity
Accumulated Other Comprehensive Income
Noncontrolling Interest
Beginning balance at Dec. 31, 2024 $ 1,894,922 $ 22 $ 1,476,557 $ 125,713 $ 285,113 $ 4,806 $ 2,711
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) 46,332   42,186 5,516   (1,370)  
Other equity 0   (9,139)   9,139    
Comprehensive income (loss) attributable to noncontrolling interest 6,147         (169) 6,316
Dividends paid to noncontrolling interest (6,097)           (6,097)
Ending balance at Mar. 31, 2025 1,941,304 22 1,509,604 131,229 294,252 3,267 2,930
Beginning balance at Dec. 31, 2025 1,976,427 22 1,523,238 142,776 294,252 13,463 2,676
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Comprehensive income (loss) 69,127   60,367 15,000   (6,240)  
Other equity 0   1,212   (1,212)    
Comprehensive income (loss) attributable to noncontrolling interest 6,090         (110) 6,200
Dividends paid to noncontrolling interest (5,849)           (5,849)
Ending balance at Mar. 31, 2026 $ 2,045,795 $ 22 $ 1,584,817 $ 157,776 $ 293,040 $ 7,113 $ 3,027