Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2025

Retirement Benefits [Abstract]

Schedule of Net Periodic Pension Cost

The components of net periodic pension cost for the Pension Plan and LaBarge Retirement Plan in aggregate are as follows:

	(In thousands) Years Ended December 31,
	2025		2024		2023
Service cost	$	—	$	407	$	406
Interest cost	1,616		1,501		1,503
Expected return on plan assets	(854)		(865)		(1,790)
Amortization of actuarial losses	104		233		220
Net periodic pension cost	$	866	$	1,276	$	339

Schedule of Reclassification out of Accumulated Other Comprehensive Income

The components of the reclassifications of net actuarial losses from accumulated other comprehensive loss to net income for 2025 were as follows:

	(In thousands) Year Ended December 31,
	2025
Amortization of actuarial loss - total before tax (1)	$	104
Tax benefit	(26)
Net of tax	$	78

(1)The amortization expense is included in the computation of periodic pension cost and is a decrease to net income upon reclassification from accumulated other comprehensive loss.

Schedule of Obligation and Funded Status of Defined Benefit Pension Plan and Retirement Plan

The obligations, fair value of plan assets, and funded status of both plans are as follows:

	(In thousands) December 31,
	2025		2024
Change in benefit obligation(1)
Beginning benefit obligation (January 1)	$	29,607	$	31,550
Service cost	—		407
Interest cost	1,616		1,501
Actuarial loss (gain)	554		(2,115)
Benefits paid	(2,054)		(1,736)
Ending benefit obligation (December 31)	$	29,723	$	29,607
Change in plan assets
Beginning fair value of plan assets (January 1)	$	29,219	$	29,487
Return on assets	1,296		1,029
Employer contribution	447		439
Benefits paid	(2,054)		(1,736)
Ending fair value of plan assets (December 31)	$	28,908	$	29,219
Funded status underfunded	$	(815)	$	(388)
Amounts recognized in the consolidated balance sheet
Non-current assets	$	2,342	$	2,938
Current liabilities	$	397	$	440
Non-current liabilities	$	2,760	$	2,886
Unrecognized loss included in accumulated other comprehensive loss
Beginning unrecognized loss, before tax (January 1)	$	2,936	$	5,449
Amortization	(104)		(226)
Liability loss (gain)	554		(2,122)
Asset gain	(441)		(165)
Ending unrecognized loss, before tax (December 31)	2,945		2,936
Tax impact	(704)		(696)
Unrecognized loss included in accumulated other comprehensive loss, net of tax	$	2,241	$	2,240

(1)Projected benefit obligation equals the accumulated benefit obligation for the plans.

Schedule of Company's Pension Plan Asset Allocation, by Asset Category

Our Pension Plan asset allocations at December 31, 2025 and 2024, by asset category, were as follows:

	December 31,
	2025	2024
Equity securities	—%	—%
Cash and equivalents	6%	40%
Debt securities	94%	60%
Total(1)	100%	100%

(1)Our overall investment strategy is typically to achieve an asset allocation within the following ranges to achieve an appropriate rate of return relative to risk.

Cash	0-10%
Fixed income securities	15-75%
Equities	30-80%

	(In thousands) Year Ended December 31, 2025
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	1,631	$	—	$	—	$	1,631
Fixed income securities	27,277		—		—		27,277
Total plan assets at fair value	$	28,908	$	—	$	—	28,908
Pooled funds							—
Total fair value of plan assets							$	28,908

	(In thousands) Year Ended December 31, 2024
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	11,773	$	—	$	—	$	11,773
Fixed income securities	17,446		—		—		17,446
Total plan assets at fair value	$	29,219	$	—	$	—	29,219
Pooled funds							—
Total fair value of plan assets							$	29,219

Schedule of Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost

The weighted-average assumptions used to determine the net periodic benefit costs under the two plans were as follows:

	Years Ended December 31,
	2025	2024	2023
Discount rate used to determine pension expense
Pension Plan	5.68%	4.91%	5.11%
LaBarge Retirement Plan	5.35%	4.75%	5.00%

The weighted-average assumptions used to determine the benefit obligations under the two plans were as follows:

	December 31,
	2025	2024	2023
Discount rate used to determine value of obligations
Pension Plan	5.47%	5.68%	4.91%
LaBarge Retirement Plan	4.85%	5.35%	4.75%
Long-term rate of return - Pension Plan only	3.00%	3.00%	3.00%

Schedule of Expected Future Benefit Payments Under Pension Plans

The following benefit payments under both plans, which reflect expected future service, as appropriate, are expected to be paid:

	(In thousands)
	Pension Plan		LaBarge Retirement Plan
2026	$	1,714	$	397
2027	$	1,766	$	377
2028	$	1,807	$	359
2029	$	1,877	$	340
2030	$	1,912	$	321
2031 - 2035	$	9,463	$	1,294