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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2025
SIGNIFICANT ACCOUNTING POLICIES  
Property, Plant and Equipment

Property, plant and equipment, net in the Consolidated Balance Sheet is comprised of the following components:

December 31, 

2025

  ​

2024

Land

$

66,036

$

64,016

Buildings

 

499,506

 

445,319

Machinery and equipment

 

1,080,026

 

975,480

 

1,645,568

 

1,484,815

Less accumulated depreciation

 

942,806

 

865,634

Total

$

702,762

$

619,181

Schedule of adopted accounting pronouncements

Standard

  ​ ​

Description

ASU No. 2023-09, Income Taxes (Topic 740), issued December 2023.

Requires disclosure of specific categories in rate reconciliation and additional information for reconciling items that meet a quantitative threshold, additional information about income taxes paid, and disclosure of disaggregated income tax information. The amendments are effective January 1, 2025. Refer to Note 13 for the disclosure impacts.

Schedule of pending accounting pronouncements

Standard

  ​ ​

Description

ASU No. 2025-09, Derivatives and Hedging, issued November 2025

Updates hedge accounting guidance to better align with financial reporting with risk management activities. The amendments are effective for annual periods beginning after December 15, 2026 and interim periods within those annual reporting periods. Early adoption is permitted.

ASU No. 2025-06, Goodwill and Other – Internal-Use Software, issued September 2025

Updates requirements for capitalization of internal-use software costs. The amendments are effective for annual periods beginning after December 15, 2027 and interim periods within those annual reporting periods. Early adoption is permitted.

ASU No. 2024-03, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures, issued November 2024

Requires enhanced disclosures of specified information about certain costs and expenses. The amendments are effective for annual periods beginning January 1, 2027, and interim periods beginning January 1, 2028. Early adoption is prohibited.