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Other Income and Expenses
6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
Other Nonoperating Income and Expense Non-operating Income, Net
Non-operating income, net, primarily consists of interest income from the Company’s surplus cash balances and marketable securities. Interest income was $6.0 million and $13.9 million during the three and six months ended June 30, 2025, respectively, compared to $9.7 million and $21.7 million during the same periods in 2024. The decrease in interest income during the three and six months ended June 30, 2025 primarily reflects the lower amounts invested in debt securities in the current period and slightly lower interest rates on the Company’s investments in debt securities compared to the prior period.