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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2024
FAIR VALUE MEASUREMENTS  
Schedule of financial assets and liabilities measured at fair value

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Estimated Fair Value December 31, 2024

 

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Total

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Input Levels Used

 

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Fair Value

    

Level 1

    

Level 2

    

    Level 3    

 

Cash and equivalents

​

$

138,841

​

$

138,841

​

$

—

​

$

—

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Available for sale securities

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283,060

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4,102

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278,958

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—

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Foreign currency derivatives

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(818)

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—

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(818)

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—

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Commodity derivatives

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(2,166)

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(2,166)

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—

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—

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Trading securities

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105,067

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86,925

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18,142

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—

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Total assets measured at fair value

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$

523,984

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$

227,702

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$

296,282

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$

—

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Estimated Fair Value December 31, 2023

 

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Total

​

Input Levels Used

 

​

    

Fair Value

    

Level 1

    

Level 2

    

    Level 3    

 

Cash and equivalents

​

$

75,915

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$

75,915

​

$

—

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$

—

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Available for sale securities

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263,313

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4,084

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259,229

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—

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Foreign currency derivatives

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302

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—

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302

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—

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Commodity derivatives

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(2,526)

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(2,526)

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—

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—

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Trading securities

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87,800

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70,681

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17,119

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—

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Total assets measured at fair value

​

$

424,804

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$

148,154

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$

276,650

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$

—

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

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December 31, 2024

 

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Amortized

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Fair

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Unrealized

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Available for Sale:

    

Cost

    

Value

    

Gains

    

Losses

    

 

Variable rate demand notes

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​

5,485

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​

5,485

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—

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—

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Corporate bonds

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271,978

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273,473

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1,495

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—

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Government securities

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4,036

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4,102

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​

66

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—

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$

281,499

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$

283,060

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$

1,561

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$

—

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December 31, 2023

 

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Amortized

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Fair

​

Unrealized

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Available for Sale:

    

Cost

    

Value

    

Gains

    

Losses

    

 

Variable rate demand notes

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​

4,590

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​

4,590

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—

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—

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Corporate bonds

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257,766

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254,640

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—

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(3,126)

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Government securities

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4,070

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4,083

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​

13

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—

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$

266,426

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$

263,313

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$

13

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$

(3,126)

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​