INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2025

INCOME TAXES

Schedule of domestic and foreign components of pretax income

	2025		2024		2023
Domestic	$	129,580	$	110,569	$	105,018
Foreign		7,656		16,302		14,876
	$	137,236	$	126,871	$	119,894

Schedule of components of provision of income taxes

	2025		2024		2023
Current:
Federal	$	19,148	$	24,804	$	21,710
Foreign		2,074		2,676		3,775
State		4,225		3,531		3,738
		25,447		31,011		29,223
Deferred:
Federal		10,151		6,981		(1,209)
Foreign		330		1,041		658
State		1,326		1,030		(664)
		11,807		9,052		(1,215)
	$	37,254	$	40,063	$	28,008

Schedule of significant components of net deferred tax liability

	December 31,
	2025		2024
Deferred tax assets:
Accrued customer promotions	$	250	$	218
Deferred compensation		15,233		14,886
Postretirement benefits		2,392		2,326
Other accrued expenses		3,477		993
Foreign subsidiary tax loss carry forward		6,474		4,681
Outside basis difference in foreign subsidiary		362		361
Capitalized research and development costs		—		9,965
Deductible state tax depreciation		1,325		1,286
Tax credit carry forward		2,855		2,565
		32,368		37,281
Valuation allowances		(7,630)		(6,180)
Total deferred tax assets	$	24,738	$	31,101
Deferred tax liabilities:
Depreciation	$	25,999	$	26,851
Deductible goodwill and trademarks		41,098		37,902
Accrued export company commissions		5,222		5,012
Employee benefit plans		1,723		2,894
Inventory reserves		2,124		1,465
Prepaid insurance		1,020		1,122
Unrealized capital gains		5,066		3,598
Bond discount accretion		1,427		—
Other Prepaid		323		13
Deferred gain on sale of real estate		5,256		5,240
Total deferred tax liabilities	$	89,258	$	84,097
Net deferred tax liability	$	64,520	$	52,996

Schedule of reconciliation of statutory and effective income tax rate

		2025
		Amount	Percent
U.S. statutory rate	$	28,820	21.0	%
State and local income taxes, net of federal income tax(a)		4,077	3.0
Foreign tax effects		484	0.4
Effect of changes in tax laws or rates enacted in the current period		—	—
Effect of cross-border tax laws		218	0.2
Tax credits		(1,156)	(0.8)
Change in Valuation Allowances		—	—
Nontaxable or Nondeductible Items
Non-Deductible Deferred Compensation		3,096	2.3
Non-Deductible Executive Compensation		1,042	0.8
Other Adjustments, net		(81)	(0.1)
Changes in Unrecognized Tax Benefits		754	0.5
Other Adjustments, net		—	—
Effective income tax rate	$	37,254	27.1	%

(a) State and local taxes in California and Illinois made up the majority (greater than 50 percent) of the tax effect in this category.

	2024		2023
U.S. statutory rate	21.0	%	21.0	%
State income taxes, net	2.6		3.7
Foreign income tax rates	0.1		0.3
Income tax credits and adjustments	(0.4)		(0.6)
Adjustment of deferred tax balances related to Deferred Compensation	8.7		—
Other adjustment of deferred tax balances	0.1		(0.2)
Reserve for uncertain tax benefits	(0.1)		(0.2)
Other, net	(0.6)		(0.6)
Effective income tax rate	31.6	%	23.4	%

Schedule of income tax paid, net of refunds

	2025
U.S. Federal	$	16,506
Foreign		3,586
State & Local		5,047
	$	25,139

State
Illinois	$	1,825
Foreign
Canada	$	3,440

Schedule of reconciliation of beginning and ending balances of total amounts of unrecognized tax benefits

	2025		2024		2023
Unrecognized tax benefits at January 1	$	2,114	$	2,313	$	3,392
Increases in tax positions for the current year		1,230		285		510
Reductions in tax positions for lapse of statute of limitations		(471)		(484)		(1,589)
Unrecognized tax benefits at December 31	$	2,873	$	2,114	$	2,313