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Income taxes
 6 Months Ended
Jun. 30, 2025
Income taxes [Abstract]  
Income taxes

Note 6 – Income taxes:

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Three months ended

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Six months ended

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June 30, 

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June 30, 

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2024

    

2025

    

2024

    

2025

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(In thousands)

Expected tax expense, at the U.S. federal statutory
  income tax rate of 21%

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$

1,339

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$

1,505

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$

2,376

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$

2,921

State income taxes

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188

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201

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333

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391

Other, net

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5

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7

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8

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12

Total provision for income taxes

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$

1,532

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$

1,713

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$

2,717

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$

3,324

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Comprehensive provision for income taxes allocable to:

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Net income

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$

1,532

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$

1,713

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$

2,717

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$

3,324

Other comprehensive income - marketable securities

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1

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—

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—

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—

Total

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$

1,533

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$

1,713

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$

2,717

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$

3,324

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On July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) was signed into law in the United States. The OBBBA, among other provisions, provides for bonus depreciation of qualified property, permanently modifies the interest expense deduction to use an adjusted taxable income based on a calculation similar to EBITDA, and makes changes to international tax provisions including FDII (renamed Foreign-derived Deduction Eligible Income (“FDDEI”)). The legislation has multiple effective dates, with certain provisions effective in 2025 and others implemented through 2027. We are evaluating the relevant provisions of the Act and do not expect them to have a material impact on our tax provision.