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Note 9 - Fair Value of Assets and Liabilities (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

Value of Items Recorded at Fair Value

 
  

As of June 30, 2025

 

(in thousands)

 

Level 1

  

Level 2

  

Level 3

  

Total

 

Assets:

                

Metal swaps

 $-  $2,127  $-  $2,127 

Embedded customer derivative

  -   153   -   153 

Supplemental executive retirement plan

  16,558   -   -   16,558 

Total assets at fair value

 $16,558  $2,280  $-  $18,838 
                 

Liabilities:

                

Metal swaps

 $-  $2,281  $-  $2,281 

Fixed Interest rate hedge

  -   72   -   72 

Total liabilities recorded at fair value

 $-  $2,353  $-  $2,353 
  

Value of Items Recorded at Fair Value

 
  

As of December 31, 2024

 

(in thousands)

 

Level 1

  

Level 2

  

Level 3

  

Total

 

Assets:

                

Metal swaps

 $-  $3,055  $-  $3,055 

Embedded customer derivative

  -   402   -   402 

Fixed interest rate hedge

  -   254   -   254 

Supplemental executive retirement plan

  15,061   -   -   15,061 

Total assets at fair value

 $15,061  $3,711  $-  $18,772 
                 

Liabilities:

                

Metal swaps

 $-  $3,457  $-  $3,457 

Total liabilities at fair value

 $-  $3,457  $-  $3,457