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Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Liability under Executive Benefit Plans The liability under these two deferral plans was as follows:
(in thousands)December 31, 2025December 31, 2024
Current liabilities$10,372 $10,424 
Noncurrent liabilities94,102 89,293 
Total liability - Supplemental Savings Incentive Plan and Director Deferral Plan$104,474 $99,717 
The liability under this plan was as follows:
(in thousands)December 31, 2025December 31, 2024
Current liabilities$287 $268 
Noncurrent liabilities19,934 14,660 
Total liability - Long-Term Retention Plan$20,221 $14,928 
The liability under this plan was as follows:
(in thousands)December 31, 2025December 31, 2024
Current liabilities$2,458 $3,489 
Noncurrent liabilities33,780 32,486 
Total liability - Officer Retention Plan$36,238 $35,975 
The liability under this plan was as follows:
(in thousands)December 31, 2025December 31, 2024
Current liabilities$10,234 $9,588 
Noncurrent liabilities10,580 9,541 
Total liability - Long-Term Performance Plan$20,814 $19,129 
Schedule of Changes in Projected Benefit Obligation
The following tables set forth pertinent information for the Bargaining Plan:

 Fiscal Year
(in thousands)20252024
Beginning balance - Bargaining Plan projected benefit obligation$44,935 $46,123 
Service cost3,703 4,330 
Interest cost2,722 2,379 
Plan amendments124 — 
Actuarial loss (gain)1,665 (7,000)
Benefits paid(1,049)(897)
Ending balance - Bargaining Plan projected benefit obligation$52,100 $44,935 
Schedule of Change in Plan Assets
Change in Plan Assets

 Fiscal Year
(in thousands)20252024
Beginning balance - Bargaining Plan assets at fair value$49,617 $47,321 
Actual return on plan assets5,231 1,424 
Employer contributions5,000 2,000 
Benefits and expenses paid(1,312)(1,128)
Ending balance - Bargaining Plan assets at fair value$58,536 $49,617 
Schedule of Funded Status
Funded Status

(in thousands)December 31, 2025December 31, 2024
Projected benefit obligation$(52,100)$(44,935)
Plan assets at fair value58,536 49,617 
Net funded status - Bargaining Plan$6,436 $4,682 
Schedule of Amounts Recognized in the Consolidated Balance Sheet
Amounts Recognized in the Consolidated Balance Sheets

(in thousands)December 31, 2025December 31, 2024
Assets:
 Noncurrent assets $6,436 $4,682 
Total asset - Bargaining Plan$6,436 $4,682 
Schedule of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost
Net Periodic Pension Cost

 Fiscal Year
(in thousands)202520242023
Service cost$3,703 $4,330 $3,996 
Interest cost2,722 2,379 2,079 
Expected return on plan assets(3,276)(3,050)(2,438)
Amortization of prior service costs16 16 16 
Net periodic pension cost - Bargaining Plan$3,165 $3,675 $3,653 
Net Periodic Postretirement Benefit Cost

 Fiscal Year
(in thousands)202520242023
Service cost$1,072 $1,163 $1,085 
Interest cost3,640 3,102 2,761 
Recognized net actuarial loss187 44 — 
Net periodic postretirement benefit cost$4,899 $4,309 $3,846 
Schedule of Significant Assumptions
Significant Assumptions

 Fiscal Year
 202520242023
Projected benefit obligation at the measurement date:
Discount rate - Bargaining Plan5.92 %5.89 %5.16 %
Weighted average rate of compensation increaseN/AN/AN/A
Net periodic pension cost for the fiscal year:
Discount rate - Bargaining Plan5.89 %5.16 %5.34 %
Weighted average expected long-term rate of return of plan assets - Bargaining Plan(1)
7.00 %7.00 %7.00 %
Weighted average rate of compensation increaseN/AN/AN/A

(1)The weighted average expected long-term rate of return assumption for the Bargaining Plan assets, which was used to compute net periodic pension cost, is based upon target asset allocation and is determined using forward-looking performance and duration assumptions set at the beginning of each fiscal year.
Schedule of Anticipated Future Pension and Postretirement Benefit Payments
Cash Flows

The anticipated future pension benefit payments as of December 31, 2025 were as follows:

(in thousands)Anticipated Future Payment
2026$1,535 
20271,782 
20282,043 
20292,299 
20302,562 
2031 - 203517,154 
Cash Flows

The anticipated future postretirement benefit payments reflecting expected future service as of December 31, 2025 were as follows:

(in thousands)Anticipated Future Payment
2026$4,373 
20275,016 
20285,612 
20295,824 
20306,207 
2031 - 203531,546 
Schedule of Actual and Target Asset Allocation and Summarized the Bargaining Plan Assets
The Company’s actual asset allocation at December 31, 2025 and December 31, 2024 and target asset allocation for fiscal year 2026 by asset category for the Bargaining Plan were as follows:

Percentage of Bargaining Plan
Assets at Fiscal Year-End
Target Asset
Allocation
202520242026
U.S. debt securities54 %50 %50 %
U.S. equity securities26 %26 %25 %
International debt securities%%— %
International equity securities11 %13 %13 %
Cash and cash equivalents%%%
Other%%10 %
Total100 %100 %100 %
The following table summarizes the Bargaining Plan assets, which are classified as Level 1 and Level 2 for fair value measurement. The Company does not have any Level 3 pension plan assets. See Note 16 for additional information.

(in thousands)December 31, 2025December 31, 2024
Pension plan assets - fixed income$32,491 $26,243 
Pension plan assets - equity securities21,819 19,468 
Pension plan assets - cash and cash equivalents588 671 
Pension plan assets - other3,638 3,235 
Total pension plan assets$58,536 $49,617 
Schedule of Reconciliation of Activity in Postretirement Benefit Plan
The following tables set forth pertinent information for the Company’s postretirement benefit plan:

Reconciliation of Activity

 Fiscal Year
(in thousands)20252024
Benefit obligation at beginning of year$62,100 $63,828 
Service cost1,072 1,163 
Interest cost3,640 3,102 
Plan participants’ contributions702 707 
Actuarial loss (gain)10,539 (2,920)
Benefits paid(4,382)(3,780)
Benefit obligation at end of year$73,671 $62,100 
Schedule of Reconciliation of Plan Assets Fair Value in Postretirement Benefit Plan
Reconciliation of Plan Assets Fair Value

 Fiscal Year
(in thousands)20252024
Fair value of plan assets at beginning of year$— $— 
Employer contributions3,680 3,073 
Plan participants’ contributions702 707 
Benefits paid(4,382)(3,780)
Fair value of plan assets at end of year$ $ 
Schedule of Funded Status in Postretirement Benefit Plan
Funded Status

(in thousands)December 31, 2025December 31, 2024
Current liabilities$(4,373)$(3,598)
Noncurrent liabilities(69,298)(58,502)
Total liability - postretirement benefits$(73,671)$(62,100)
Schedule of Significant Assumptions
Significant Assumptions

 Fiscal Year
 202520242023
Benefit obligation at the measurement date:
Weighted average healthcare cost trend rate - Pre-Medicare8.07 %8.45 %7.88 %
Weighted average healthcare cost trend rate - Post-Medicare9.23 %9.73 %8.65 %
Benefit obligation discount rate5.41 %5.68 %5.02 %
Net periodic postretirement benefit cost discount rate for fiscal year5.68 %5.02 %5.19 %
Postretirement benefit expense - Pre-Medicare:
Weighted average healthcare cost trend rate8.45 %7.88 %6.58 %
Trend rate graded down to ultimate rate4.50 %4.50 %4.50 %
Ultimate rate year203420332032
Postretirement benefit expense - Post-Medicare:
Weighted average healthcare cost trend rate9.73 %8.65 %6.89 %
Trend rate graded down to ultimate rate4.50 %4.50 %4.50 %
Ultimate rate year203420332032
Schedule of Reconciliation of Amounts in Accumulated Other Comprehensive Income That Have Not Yet Been Recognized as Components of Net Periodic Benefit Cost
A reconciliation of the gross amounts in accumulated other comprehensive income (loss) not yet recognized as components of net periodic benefit cost associated with the plans discussed above is as follows:

(in thousands)December 31,
2024
Actuarial Gain (Loss)Reclassification
Adjustments
December 31,
2025
Bargaining Plan:
Actuarial gain$5,362 $26 $— $5,388 
Prior service costs(131)(124)16 (239)
Postretirement Medical:
Actuarial loss(4,252)(10,539)187 (14,604)
Total within accumulated other comprehensive income (loss)$979 $(10,637)$203 $(9,455)
Schedule of Multiemployer Plans
The Company’s participation in the Teamsters Plan is outlined in the table below. A red zone represents less than 80% funding and requires a financial improvement plan (“FIP”) or rehabilitation plan (“RP”).

 Fiscal Year
(in thousands)202520242023
Pension Protection Act Zone StatusRedRedRed
FIP or RP pending or implementedYesYesYes
Surcharge imposedYesYesYes
Contribution$1,052 $1,032 $999