ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Sep. 30, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

15. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS):

Amounts related to the changes in accumulated other comprehensive income (loss) were as follows (in thousands):


	Unrealized Gain (Loss) on Available-for-Sale Securities		Net Unrealized Gain (Loss) on Retirement Plan (2)			Change in Cumulative Foreign Currency Translation Adjustment			Total			Affected Line Items in the Consolidated Statements of Income
Balance December 31, 2023, net of tax	$	858	$	(1,808	)	$	(136	)	$	(1,086	)
Other comprehensive gain (loss) before reclassification		4,117		(761	)		48			3,404
Reclassification to net income (1)		—		260			—			260		Selling, general and administrative, research and development and cost of sales
Change during period		4,117		(501	)		48			3,664
Balance September 30, 2024, net of tax	$	4,975	$	(2,309	)	$	(88	)	$	2,578


	Unrealized Gain (Loss) on Available-for-Sale Securities			Net Unrealized Gain (Loss) on Retirement Plan (2)			Change in Cumulative Foreign Currency Translation Adjustment			Total			Affected Line Items in the Consolidated Statements of Income
Balance December 31, 2022, net of tax	$	(7,887	)	$	(10,011	)	$	(554	)	$	(18,452	)
Other comprehensive gain before reclassification		2,706			—			22			2,728
Reclassification to net income (1)		—			759			—			759		Selling, general and administrative, research and development and cost of sales
Change during period		2,706			759			22			3,487
Balance September 30, 2023, net of tax	$	(5,181	)	$	(9,252	)	$	(532	)	$	(14,965	)

(1)

The Company reclassified amortization of prior service cost, actuarial loss and curtailment charge for its retirement plan from accumulated other comprehensive income (loss) to net income of $260,000 and $759,000 for the nine months ended September 30, 2024 and 2023, respectively.

(2)

Refer to Note 17: Retirement Plan Benefit Liability.