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Retirement Plans
12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Retirement Plans

17. Retirement Plan:

 

The Company maintains a qualified contributory savings plan as allowed under Section 401(k) of the Internal Revenue Code (the “401(k) Plan”). The 401(k) Plan permits participant contributions and allows elective and, in certain situations, non-elective Company contributions based on each participant’s contribution or a specified percentage of eligible wages. Participants may defer a percentage of their annual compensation subject to the limits defined in the 401(k) Plan. The Company recorded expense of $29.3 million, $23.3 million and $24.1 million for the years ended December 31, 2025, 2024 and 2023, respectively, primarily related to the 401(k) Plan.