STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2024

STOCKHOLDERS' EQUITY

Components of accumulated other comprehensive income

	2024		2023		2022
	(in thousands)
Pre-tax amounts:
Unrecognized net periodic benefit credit	$	5,660	$	6,816	$	9,287
Interest rate swap		—		1,710		3,526
Foreign currency translation		(5,323)		(2,709)		(3,247)
Total	$	337	$	5,817	$	9,566
After-tax amounts:
Unrecognized net periodic benefit credit	$	4,203	$	5,061	$	6,896
Interest rate swap		—		1,263		2,604
Foreign currency translation		(3,931)		(2,000)		(2,397)
Total	$	272	$	4,324	$	7,103

Summary of changes in accumulated other comprehensive income, net of tax, by component

			Unrecognized			Interest	Foreign
			Net Periodic			Rate	Currency
	Total		Benefit Credit			Swap	Translation
	(in thousands)
Balances at December 31, 2022	$	7,103	$	6,896	$	2,604	$	(2,397)
Other comprehensive income (loss) before reclassifications		(1,791)		(847)		(1,341)		397
Amounts reclassified from accumulated other comprehensive income		(988)		(988)		—		—
Net current-period other comprehensive income (loss)		(2,779)		(1,835)		(1,341)		397
Balances at December 31, 2023	$	4,324	$	5,061	$	1,263	$	(2,000)
Other comprehensive loss before reclassifications		(3,310)		(116)		(1,263)		(1,931)
Amounts reclassified from accumulated other comprehensive income		(742)		(742)		—		—
Net current-period other comprehensive loss		(4,052)		(858)		(1,263)		(1,931)
Balances at December 31, 2024	$	272	$	4,203	$	—	$	(3,931)

Summary of the significant reclassifications out of accumulated other comprehensive income (loss) by component

	Unrecognized Net Periodic
	Benefit Credit
	Year Ended December 31
	2024		2023
	(in thousands)
Amortization of net actuarial gain, pre-tax(1)	$	999	$	1,330
Tax expense		(257)		(342)
Total, net of tax	$	742	$	988

(1) Included in the computation of net periodic benefit credit of the Company’s supplemental benefit plan (“SBP”) and postretirement health benefit plan (see Note J).

Summary of dividends declared

	2024				2023
	Per Share		Amount		Per Share		Amount
	(in thousands, except per share data)
First quarter	$	0.12	$	2,828	$	0.12	$	2,915
Second quarter	$	0.12	$	2,819	$	0.12	$	2,894
Third quarter	$	0.12	$	2,838	$	0.12	$	2,887
Fourth quarter	$	0.12	$	2,810	$	0.12	$	2,846