Note 13 - Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

Note 13: Accumulated Other Comprehensive Income (Loss)

The following table lists the beginning balance, yearly activity and ending balance of each component of “Accumulated other comprehensive income (loss), net” (in thousands):

	Changes in fair value of derivative contracts designated as hedge transactions			Adjustments For Pension Plans			Total Accumulated Other Comprehensive Income (Loss), Net
Balance January 1, 2022	$	(4,675	)	$	(23,781	)	$	(28,456	)
2022 change		13,837			17,067			30,904
Balance December 31, 2022		9,162			(6,714	)		2,448
2023 change		4,546			(1,157	)		3,389
Balance December 31, 2023		13,708			(7,871	)		5,837
2024 change		(7,714	)		(8,389	)		(16,103	)
Balance December 31, 2024	$	5,994		$	(16,260	)	$	(10,266	)

The amounts above are net of the income tax effect of such balances and activity as summarized in the following table (in thousands):

	Changes in fair value of derivative contracts designated as hedge transactions			Adjustments For Pension Plans			Total Accumulated Other Comprehensive Income (Loss), Net
Balance January 1, 2022	$	4,689		$	6,196		$	10,885
2022 change		(5,233	)		(6,454	)		(11,687	)
Balance December 31, 2022		(544	)		(258	)		(802	)
2023 change		(1,683	)		428			(1,255	)
Balance December 31, 2023		(2,227	)		170			(2,057	)
2024 change		2,822			3,069			5,891
Balance December 31, 2024	$	595		$	3,239		$	3,834

See Note 6 for more information on our employee benefit plans and Note 10 for more information on our derivative instruments.