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Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Employee Benefits Charged To Operating Expenses
Employee benefits charged to operating expenses are summarized in the table below. Substantially all of the Company’s employees are covered by a defined contribution (401(k)) plan, under which the Company makes matching contributions.

(In thousands)202520242023
Payroll taxes$33,471 $32,723 $31,507 
Medical plans38,705 36,860 36,277 
401(k) plan20,969 20,227 19,216 
Pension plans542 399 499 
Other3,440 3,391 3,587 
Total employee benefits
$97,127 $93,600 $91,086 
Components Of The Net Pension Cost
The following items are components of the net pension cost for the years ended December 31, 2025, 2024 and 2023.

(In thousands)202520242023
Service cost$542 $399 $499 
Interest cost on projected benefit obligation4,321 4,377 4,615 
Expected return on plan assets(3,939)(4,139)(4,051)
Amortization of prior service cost— (181)(271)
Amortization of unrecognized net (gain) loss571 892 1,464 
Net periodic pension cost$1,495 $1,348 $2,256 
Summary Of Pension Plans Funded Status
The following table sets forth the pension plans’ funded status, using valuation dates of December 31, 2025 and 2024.

(In thousands)
20252024
Change in projected benefit obligation
Projected benefit obligation at prior valuation date
$89,813 $93,949 
Service cost
542 399
Interest cost
4,321 4,377 
Benefits paid
(7,154)(6,939)
Actuarial (gain) loss
(152)(1,973)
Projected benefit obligation at valuation date
87,370 89,813 
Change in plan assets
Fair value of plan assets at prior valuation date
86,593 89,842 
Actual return on plan assets
6,463 3,505 
Employer contributions
191 185 
Benefits paid
(7,154)(6,939)
Fair value of plan assets at valuation date
86,093 86,593 
Funded status and net amount recognized at valuation date
$(1,277)$(3,220)
Schedule Of Amounts Not Yet Reflected In Net Periodic Benefit Cost And Included In Accumulated Other Comprehensive Income (Loss), Pre-Tax Basis
Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive income (loss) at December 31, 2025 and 2024 are shown below, including amounts recognized in other comprehensive income during the periods. All amounts are shown on a pre-tax basis.

(In thousands)20252024
Accumulated gain (loss)$(12,826)$(16,073)
Accumulated other comprehensive income (loss)
(12,826)(16,073)
Cumulative employer contributions in excess of net periodic benefit cost11,549 12,853 
Net amount recognized as an accrued benefit liability on the December 31 balance sheet
$(1,277)$(3,220)
Net gain (loss) arising during period
2,676 1,338 
Amortization of net (gain) loss
571 892 
Amortization of prior service cost
— (181)
Total recognized in other comprehensive income (loss)
$3,247 $2,049 
Total income (expense) recognized in net periodic pension cost and other comprehensive income
$1,752 $702 
Assumptions On A Weighted Average Basis, Used In Accounting For Plans
The following assumptions, on a weighted average basis, were used in accounting for the plans.

202520242023
Determination of benefit obligation at year end:
Effective discount rate on benefit obligations5.15 %5.27 %4.98 %
Assumed cash balance interest crediting rate5.00 %5.00 %5.00 %
Determination of net periodic benefit cost for year ended:
Effective discount rate on benefit obligations5.46 %4.93 %5.19 %
Effective rate for interest cost on benefit obligations5.15 %4.84 %5.09 %
Long-term rate of return on assets4.75 %4.75 %4.75 %
Assumed cash balance interest crediting rate5.00 %5.00 %5.00 %
Fair Value Of Pension Plan Asset Category
The following table shows the fair values of the Company’s pension plan assets by asset category at December 31, 2025 and 2024. Information about the valuation techniques and inputs used to measure fair value are provided in Note 17 on Fair Value Measurements.

Fair Value Measurements
(In thousands)
Total Fair Value
Quoted Prices in Active Markets for Identical Assets
(Level 1)
Significant Other Observable Inputs (Level 2)
Significant Unobservable Inputs (Level 3)
December 31, 2025
Assets:
U.S. government obligations$22,420 $22,420 $— $— 
Government-sponsored enterprise obligations (a)
1,018 — 1,018 — 
State and municipal obligations2,550 — 2,550 — 
Agency mortgage-backed securities (b)
1,837 — 1,837 — 
Non-agency mortgage-backed securities2,041 — 2,041 — 
Asset-backed securities4,050 — 4,050 — 
Corporate bonds (c)
44,330 — 44,330 — 
Mutual funds (e)
7,847 7,847 — — 
Total
$86,093 $30,267 $55,826 $— 
December 31, 2024
Assets:
U.S. government obligations
$12,072 $12,072 $— $— 
Government-sponsored enterprise obligations (a)
991 — 991 — 
State and municipal obligations
3,513 — 3,513 — 
Agency mortgage-backed securities (b)
2,026 — 2,026 — 
Non-agency mortgage-backed securities
2,202 — 2,202 — 
Asset-backed securities
5,171 — 5,171 — 
Corporate bonds (c)
45,526 — 45,526 — 
Equity securities and mutual funds: (d)
Mutual funds6,462 6,462 — — 
Common stocks7,075 7,075 — — 
International developed markets funds1,353 1,353 — — 
Emerging markets funds202 202 — — 
Total
$86,593 $27,164 $59,429 $— 
(a)    This category represents bonds (excluding mortgage-backed securities) issued by agencies such as the Government National Mortgage Association, the Federal Home Loan Mortgage Corp and the Federal National Mortgage Association.
(b)    This category represents mortgage-backed securities issued by the agencies mentioned in (a).
(c)    This category represents investment grade bonds issued in the U.S., primarily by domestic issuers, representing diverse industries.
(d)    This category represents investments in individual common stocks and equity funds. These holdings are diversified, largely across the electronic technology, technology services, financial services, healthcare technology, and retail trade industries.
(e)    As of 12/31/2025, this category consists solely of U.S. government money market mutual funds.
Future Benefit Payments
The following future benefit payments are expected to be paid:

(In thousands)
2026$7,789 
20277,578 
20287,473 
20297,348 
20307,096 
2031 - 203531,412