OTHER OPERATING EXPENSES

12 Months Ended

Dec. 31, 2025

OTHER OPERATING EXPENSES [Abstract]

OTHER OPERATING EXPENSES

NOTE 16 — OTHER OPERATING EXPENSES:

The components of other operating expenses for the years ended December 31, 2025 and 2024 are as follows:

(Dollars in thousands)		2025		2024
Provisions for settlement of multi-employer pension plan obligations	$	—	$	1,019
Legal and consulting fees associated with settlement of pension plan obligations		525		1,801
Write-off of previously deferred costs for expiring shelf registration		697		—
One-time redomiciliation costs		2,319		—
Total other operating expenses	$	3,541	$	2,820