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PENSION, PROFIT SHARING, AND OTHER EMPLOYEE BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
The Plan's Funded Status
The Pension Plan’s funded status at December 31 is as follows:

(In thousands)20242023
Reconciliation of Projected Benefit Obligation:
Projected obligation at January 1$— $35,539 
Interest cost— 1,021 
Actuarial (gain)/ loss— (1,726)
Benefit payments— (1,102)
Increase/ (decrease) related to change in assumptions— — 
Annuity Purchase— (33,732)
Projected obligation at December 31— — 
Reconciliation of Fair Value of Plan Assets:
Fair value of plan assets at January 1— 32,287 
Actual return on plan assets— 1,197 
Employer contributions— 1,350 
Benefit payments— (1,102)
Annuity Purchase— (33,732)
Fair value of plan assets at December 31$— $— 
Funded status at December 31$— $— 
Accumulated benefit obligation at December 31$— $— 
Unrecognized net actuarial loss$— $— 
Net periodic pension cost not yet recognized$— $— 
Weighted-Average Assumptions Used To Determine Benefit Obligations
Weighted average assumptions used to determine benefit obligations at December 31 are presented in the following table:

202420232022
Discount rateN/AN/A5.10%
Rate of compensation increaseN/AN/AN/A
Net Periodic Benefit Cost
The components of net periodic benefit cost for the years ended December 31 are presented in the following table:

(In thousands)202420232022
Interest cost on projected benefit obligation$— $1,021 $1,301 
Expected return on plan assets— (870)(1,410)
Recognized net actuarial loss— 526 783 
Settlement charge— 8,157 — 
Other— 113 — 
Net periodic benefit cost$— $8,947 $674 
Weighted-Average Assumptions Used To Determine Net Periodic Benefit Cost
Weighted average assumptions used to determine net periodic benefit cost for years ended December 31 are presented in the following table:

202420232022
Discount rateN/A5.10%2.80%
Expected return on plan assetsN/A5.25%3.75%
Rate of compensation increaseN/AN/AN/A