v3.26.1
Note 3 - Fair Value Measurements
12 Months Ended
Dec. 31, 2025
EBP 43-1804048 003 [Member]  
Notes to Financial Statements  
EBP, Investment, Fair Value and NAV [Text Block]

3.

FAIR VALUE MEASUREMENTS

 

Measurements of fair value are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Plan classifies its investments into Level 1, which refers to securities valued using quoted prices from active markets for identical assets; Level 2, which refers to securities not traded on an active market but for which observable market inputs are readily available; and Level 3, which refers to securities valued based on significant unobservable inputs. The Plan’s policy is to recognize significant transfers between levels at the end of the reporting period. The following tables set forth by level within the fair value hierarchy a summary of the Plan’s investments measured at fair value on a recurring basis as of December 31, 2025 and 2024.

 

   

Fair value measurements

 
   

as of December 31, 2025, using:

 
   

Quoted prices in

active markets for

identical assets

(Level 1)

   

Significant

other

observable

inputs

(Level 2)

   

Significant

unobservable

inputs
(Level 3)

   

Total

 
                                 

Mutual funds

  $ 556,075,039     $ -     $ -     $ 556,075,039  

Common stock

    20,901,785       -       -       20,901,785  

Money market funds

    17,415,320       -       -       17,415,320  

Participant-directed brokerage accounts

    17,409,271       -       -       17,409,271  

Total

  $ 611,801,415     $ -     $ -     $ 611,801,415  

 

   

Fair value measurements

 
   

as of December 31, 2024, using:

 
   

Quoted prices in

active markets for

identical assets

(Level 1)

   

Significant

other

observable

inputs

(Level 2)

   

Significant

unobservable

inputs
(Level 3)

   

Total

 
                                 
                                 

Mutual funds

  $ 494,289,154     $ -     $ -     $ 494,289,154  

Common stock

    19,740,148       -       -       19,740,148  

Money market funds

    15,219,032       -       -       15,219,032  

Participant-directed brokerage accounts

    12,015,667       -       -       12,015,667  

Total

  $ 541,264,001     $ -     $ -     $ 541,264,001