Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2024

Summary of Accumulated Other Comprehensive (Loss)

Following is a summary of AOCI(L) for 2024, 2023 and 2022:


			Gains (Losses) During the Period				Reclassification to Income
(in thousands)	December 31, 2023		Pre-tax Activity		Tax Effect		Pre-tax Activity		Tax Effect		December 31, 2024
Net pension activity:
Actuarial gain	$	533	$	5,144	$	(1,259)	$	—	$	—	$	4,418
Prior service costs	(97)		—		—		16		(4)		(85)
Net postretirement benefits activity:
Actuarial gain	721		2,920		(715)		44		(10)		2,960
Prior service costs	(624)		—		—		—		—		(624)
Unrealized gain on short-term investments	—		33		(8)		—		—		25
Reclassification of stranded tax effects	(4,809)		—		—		—		—		(4,809)
Total AOCI(L)	$	(4,276)	$	8,097	$	(1,982)	$	60	$	(14)	$	1,885

As of both December 31, 2024 and December 31, 2023, there were no gross actuarial losses or prior service costs included in AOCI(L) associated with the Primary Plan, as the Primary Plan settlement was completed during 2023. All pension activity during 2024 was related to the Bargaining Plan.


			Gains (Losses) During the Period				Reclassification to Income
(in thousands)	December 31, 2022		Pre-tax Activity		Tax Effect		Pre-tax Activity		Tax Effect		December 31, 2023
Net pension activity:
Actuarial loss	$	(71,140)	$	3,036	$	(744)	$	1,946	$	(476)	$	(67,378)
Prior service costs	(105)		(5)		1		16		(4)		(97)
Pension plan settlement	—		—		—		112,796		(44,885)		67,911
Net postretirement benefits activity:
Actuarial gain	6,752		(7,986)		1,955		—		—		721
Prior service costs	(624)		—		—		—		—		(624)
Reclassification of stranded tax effects	(19,720)		—		—		—		14,911		(4,809)
Total AOCI(L)	$	(84,837)	$	(4,955)	$	1,212	$	114,758	$	(30,454)	$	(4,276)


			Gains (Losses) During the Period				Reclassification to Income
(in thousands)	December 31, 2021		Pre-tax Activity		Tax Effect		Pre-tax Activity		Tax Effect		December 31, 2022
Net pension activity:
Actuarial loss	$	(78,882)	$	6,263	$	(1,533)	$	3,990	$	(978)	$	(71,140)
Prior service credits (costs)	11		(154)		38		—		—		(105)
Net postretirement benefits activity:
Actuarial (loss) gain	(1,239)		10,138		(2,481)		444		(110)		6,752
Prior service costs	(624)		—		—		—		—		(624)
Foreign currency translation adjustment	(9)		—		—		11		(2)		—
Reclassification of stranded tax effects	(19,720)		—		—		—		—		(19,720)
Total AOCI(L)	$	(100,463)	$	16,247	$	(3,976)	$	4,445	$	(1,090)	$	(84,837)