v3.26.1
Employee Benefit Plans
6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
We sponsor a noncontributory defined benefit pension plan and non-qualified Supplemental Executive Retirement Plans ("SERPs"). The accrual for future benefits has been frozen in our defined benefit pension plan and SERPs.

We sponsor a defined contribution plan covering substantially all non-union and certain union employees. We match a portion of employees' voluntary contributions to this plan.
Other union-represented employees are covered by defined benefit pension plans jointly sponsored by us and the union, or by union-sponsored multi-employer plans.
The components of the employee benefit plan expense consisted of the following:
Three Months Ended 
June 30,
Six Months Ended 
June 30,
(in thousands)2026202520262025
Interest cost$5,345 $5,649 $10,689 $11,298 
Expected return on plan assets, net of expenses(5,078)(5,559)(10,157)(11,117)
Amortization of actuarial loss and prior service cost285 570 
Total for defined benefit pension plan552 95 1,102 190 
SERPs182 242 365 485 
Defined contribution plan3,067 3,237 7,619 8,381 
Net periodic benefit cost$3,801 $3,574 $9,086 $9,056 

We contributed $0.6 million to fund current benefit payments for our SERPs during the six months ended June 30, 2026. During the remainder of 2026, we anticipate contributing an additional $0.7 million to fund the SERPs' benefit payments. Additionally, during the remainder of 2026, we have required pension plan contributions totaling $4.7 million.