Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2024

Accumulated Other Comprehensive Income (Loss)

The Company's other comprehensive income (loss) consists of unamortized actuarial losses and prior service costs related to pension and other postretirement benefits and unrealized gains and losses on marketable securities classified as available-for-sale. The income tax expense or benefit associated with amounts reclassified from accumulated other comprehensive income (loss) and reflected in the consolidated statements of income are recognized in the same period as the amounts are reclassified.

The following table shows the changes in accumulated other comprehensive Income (loss) for the years ended December 31, 2024, 2023 and 2022:


(in thousands)	Pension and Other Postretirement Benefits			Net Unrealized Gain (Losses) on Available-for-Sale Securities			Total

Balance, December 31, 2021	$	(6,537)		$	13		$	(6,524)
Other Comprehensive Income (Loss) Before Reclassifications, net of tax	7,331			(433)			6,898
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	540		(1)	1		(2)	541
Total Other Comprehensive Income (Loss)	7,871			(432)			7,439
Balance, December 31, 2022	1,334			(419)			915
Other Comprehensive Income Before Reclassifications, net of tax	59			180			239
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(18)		(1)	12		(2)	(6)
Total Other Comprehensive Income	41			192			233
Balance, December 31, 2023	1,375			(227)			1,148
Other Comprehensive Income Before Reclassifications, net of tax	501			407			908
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(1,503)		(1)	(21)		(2)	(1,524)
Total Other Comprehensive Income (Loss)	(1,002)			386			(616)
Balance, December 31, 2024	$	373		$	159		$	532

(1) Included in the computation of net periodic pension and other postretirement benefit costs. See Note 11 for further information.
(2) Included in other income (expense), net on the accompanying consolidated statements of income.