v3.25.4
Pension and Other Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2025
Pension and Other Benefit Plans  
Schedule of benefit obligations, fair value of plan assets and funded status

​

​

​

​

​

​

​

​

​

​

December 31, 

 

​

​

2025

  ​ ​ ​

2024

 

​

​

amounts in thousands

 

Projected benefit obligation:

​

​

​

​

​

​

Beginning of measurement period

​

$

99,648

​

102,006

​

Service cost

​

​

2,540

​

3,061

​

Interest cost

​

​

5,791

​

5,386

​

Actuarial (gain) loss

​

​

3,069

​

(6,794)

​

Benefits paid

​

​

(3,898)

​

(3,545)

​

Other adjustments

​

​

(215)

​

(466)

​

End of measurement period

​

​

106,935

​

99,648

​

Fair value of plan assets:

​

​

​

​

​

​

Beginning of measurement period

​

​

93,090

​

86,784

​

Actual return on plan assets

​

​

11,399

​

5,442

​

Employer contributions

​

​

4,835

​

4,875

​

Benefits paid

​

​

(3,898)

​

(3,545)

​

Other adjustments

​

​

(249)

​

(466)

​

End of measurement period

​

​

105,177

 

93,090

​

Funded status

​

$

(1,758)

 

(6,558)

​

Schedule of amounts recognized in consolidated balance sheets

​

​

​

​

​

​

​

​

​

​

December 31, 

​

​

​

2025

  ​ ​ ​

2024

​

​

​

amounts in thousands

​

Pension liability

​

$

(1,758)

 

(6,558)

​

Accumulated other comprehensive earnings (loss)

​

 

3,981

 

4,639

​

Net amount recognized

​

$

2,223

 

(1,919)

​

Schedule of amounts recognized in accumulated other comprehensive (earnings) loss

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 

 

​

​

2025

  ​ ​ ​

2024

​

2023

 

​

​

amounts in thousands

 

Net actuarial loss

​

$

3,802

 

4,426

​

9,270

​

Prior service cost

​

 

179

 

213

​

247

​

Accumulated other comprehensive earnings (loss)

​

$

3,981

 

4,639

​

9,517

​

​

Schedule of net periodic benefit cost

​

​

​

​

​

​

​

​

​

​

​

​

Years ended December 31, 

 

​

​

2025

  ​ ​ ​

2024

​

2023

 

​

​

amounts in thousands

 

Components of net periodic benefit cost:

​

​

  ​

 

  ​

​

​

​

Service cost

​

$

2,540

 

3,061

​

3,177

​

Interest cost

​

 

5,791

 

5,386

​

5,329

​

Expected return on plan assets

​

 

(7,785)

 

(7,433)

​

(7,491)

​

Amortization of:

​

 

​

 

  ​

​

​

​

Prior service cost

​

 

67

 

34

​

34

​

Actuarial loss (gain)

​

 

80

 

41

​

(84)

​

​

​

$

693

 

1,089

​

965

​

​

Schedule of weighted average assumptions used to determine benefit obligations and net benefit cost

​

​

​

​

​

​

​

​

​

December 31, 

 

​

​

2025

  ​ ​ ​

2024

 

Discount rate

​

5.60

%  

5.75

%

Rate of compensation increase

​

4.55

%  

4.64

%

​

​

​

​

​

​

​

​

​

​

​

Years ended December 31, 

 

​

​

2025

​

2024

​

2023

 

Discount rate

​

5.75

%  

5.20

%

5.50

%

Expected long-term rate of return on plan assets

​

7.50

%  

7.50

%

7.50

%

Rate of compensation increase

​

4.55

%  

4.64

%

4.74

%

Schedule of asset allocation for the underlying assets held by the master trust

​

​

​

​

​

​

​

​

​

December 31, 

 

​

​

2025

​

2024

 

Domestic equities

​

21

%  

23

%

Fixed income

​

50

 

48

​

International equities

​

13

 

13

​

Hedge funds

​

16

 

15

​

Cash equivalents

​

—

 

1

​

Total

​

100

%  

100

%

​

​

​

​

​

​

​

Target asset

​

​

​

allocation

​

Domestic equities

​

22

%

Fixed income

​

50

​

International equities

​

13

​

Hedge funds

​

15

​

Cash equivalents

​

—

​

Total

​

100

%