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Employee Benefits
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
Employee Benefits Employee Benefits
We maintain a defined contribution Supplemental Executive Retirement Plan for key employees. Under the plan, these employees may elect to defer a portion of their compensation and, in addition, we may at our discretion make contributions to the plan on behalf of the employees. In the three months ended March 31, 2025, we made company contributions to the plan of $0.3 million related to calendar year 2024.
We also have an Employee Stock Ownership Plan and Trust for employees who are not covered by a collective bargaining agreement. In connection therewith, we maintain an employee benefits trust to which we contribute shares of treasury stock. We are authorized to instruct the trustees to distribute such shares toward the satisfaction of our future obligations under the plan. The shares held in trust are not considered outstanding for purposes of calculating earnings per share until they are committed to be released. The trustees will vote the shares in accordance with their fiduciary duties. During the three months ended March 31, 2025, we contributed to the trust an additional 87,300 shares from our treasury and released 87,300 shares from the trust leaving 200 shares remaining in the trust as of March 31, 2025.