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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2025
FAIR VALUE MEASUREMENTS  
Schedule of financial assets and liabilities measured at fair value

Estimated Fair Value December 31, 2025

 

Total

Input Levels Used

 

  ​ ​ ​

Fair Value

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

  ​ ​ ​Level 3    

 

Cash and equivalents

$

127,165

$

127,165

$

$

Available for sale securities

 

365,041

2,961

362,080

Foreign currency derivatives

 

92

92

Commodity derivatives

 

(1,748)

(1,748)

Trading securities

 

121,541

104,642

16,899

Total assets measured at fair value

$

612,091

$

233,020

$

379,071

$

Estimated Fair Value December 31, 2024

 

Total

Input Levels Used

 

  ​ ​ ​

Fair Value

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

  ​ ​ ​Level 3    

 

Cash and equivalents

$

138,841

$

138,841

$

$

Available for sale securities

 

283,060

 

4,102

 

278,958

 

Foreign currency derivatives

 

(818)

 

 

(818)

 

Commodity derivatives

 

(2,166)

 

(2,166)

 

 

Trading securities

 

105,067

 

86,925

 

18,142

 

Total assets measured at fair value

$

523,984

$

227,702

$

296,282

$

Summary of the aggregate fair value, gross unrealized gains, gross unrealized losses and amortized cost basis of investment portfolio by major security type

December 31, 2025

 

Amortized

Fair

Unrealized

 

Available for Sale:

  ​ ​ ​

Cost

  ​ ​ ​

Value

  ​ ​ ​

Gains

  ​ ​ ​

Losses

  ​ ​ ​

 

Variable rate demand notes

Corporate bonds

 

360,094

 

362,080

 

1,986

 

Government securities

 

2,953

 

2,961

8

 

$

363,047

$

365,041

$

1,994

$

December 31, 2024

 

Amortized

Fair

Unrealized

 

Available for Sale:

  ​ ​ ​

Cost

  ​ ​ ​

Value

  ​ ​ ​

Gains

  ​ ​ ​

Losses

  ​ ​ ​

 

Variable rate demand notes

5,485

5,485

Corporate bonds

 

271,978

 

273,473

 

1,495

 

Government securities

 

4,036

 

4,102

66

 

$

281,499

$

283,060

$

1,561

$