Retirement Plans

3 Months Ended

Mar. 31, 2025

Retirement Plans [Abstract]

Retirement Plans

8. Retirement Plans

The Company’s components of annual benefit cost for the defined benefit plans for the periods presented are as follows:

	Three Months Ended March 31,
(In thousands)	2025			2024
Service cost	$	369		$	372
Interest cost		444			401
Expected return on plan assets		(265	)		(242	)
Recognized actuarial gain		(72	)		(91	)
Total defined benefit expense	$	476		$	440

The Company’s non-service cost portion of defined benefit expense is recorded in Interest Expense on the Company’s Consolidated Statements of Earnings. The Company’s service cost portion of defined benefit expense is recorded in Selling and Administrative Expenses on the Company’s Consolidated Statements of Earnings.