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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 99,982 $ 86,808 $ 91,886
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 19,067 18,176 18,243
Deferred income taxes 11,605 7,758 (913)
Amortization of marketable security premiums and discounts, net (5,388) 1,829 3,946
Changes in operating assets and liabilities:      
Accounts receivable (3,285) 10,226 4,891
Other receivables 979 1,444 (4,574)
Inventories 3,421 15,790 (9,601)
Prepaid expenses and other assets (274) 2,559 (15,856)
Accounts payable and accrued liabilities (448) 635 (3,570)
Income taxes payable 6,222 (7,664) 9,583
Postretirement health care benefits (801) (253) (649)
Deferred compensation and other liabilities (466) 1,581 1,225
Net cash provided by operating activities 130,614 138,889 94,611
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (34,263) (17,997) (26,796)
Purchases of trading securities (2,251) (2,257) (1,875)
Sales of trading securities 2,127 1,314 774
Purchase of available for sale securities (133,688) (108,728) (92,431)
Sale and maturity of available for sale securities 57,529 91,826 106,128
Net cash used in investing activities (110,546) (35,842) (14,200)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Shares purchased and retired (6,482) (13,534) (33,114)
Dividends paid in cash (26,066) (25,515) (25,076)
Proceeds from bank loans 3,068 3,828 3,499
Repayment of bank loans (3,069) (3,928) (3,489)
Net cash used in financing activities (32,549) (39,149) (58,180)
Effect of exchange rate changes on cash 852 (995) 424
Increase (decrease) in cash and cash equivalents (11,629) 62,903 22,655
Cash, cash equivalents and restricted cash at beginning of year 139,193 76,290 53,635
Cash, cash equivalents and restricted cash at end of year 127,564 139,193 76,290
Supplemental cash flow information:      
Income taxes paid, net 25,139 38,165 19,583
Interest paid 195 268 258
Stock dividend issued $ 66,289 $ 66,243 $ 86,433