v3.26.1
Retirement Plans (Tables)
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Components of Net Periodic Benefits Cost

The following table shows the components of net periodic benefit cost included in expense for the periods indicated.

 

 

Three Months Ended June 30,

 

 

Pension Benefits

 

 

Other Post-Retirement Benefits

 

(in thousands)

2026

 

2025

 

 

2026

 

2025

 

Service cost

$

1,432

 

$

1,551

 

 

$

9

 

$

9

 

Interest cost

 

6,017

 

 

6,273

 

 

 

153

 

 

154

 

Expected return on plan assets

 

(12,070

)

 

(11,266

)

 

 

—

 

 

—

 

Amortization of net (gain) or loss and prior service costs

 

438

 

 

1,118

 

 

 

(185

)

 

(185

)

Net periodic benefit cost

$

(4,183

)

$

(2,324

)

 

$

(23

)

$

(22

)

 

 

Six Months Ended June 30,

 

 

Pension Benefits

 

 

Other Post-Retirement Benefits

 

($ in thousands)

2026

 

2025

 

 

2026

 

2025

 

Service cost (benefit)

$

2,957

 

$

3,151

 

 

$

18

 

$

18

 

Interest cost

 

12,610

 

 

12,548

 

 

 

307

 

 

308

 

Expected return on plan assets

 

(24,145

)

 

(22,534

)

 

 

—

 

 

—

 

Amortization of net (gain) or loss and prior service costs

 

640

 

 

2,258

 

 

 

(370

)

 

(370

)

Net periodic benefit cost

$

(7,938

)

$

(4,577

)

 

$

(45

)

$

(44

)