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Post Retirement Benefits (Tables)
 12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Schedule of Multiemployer Plan
Pension FundEIN/Pension
Plan Number		Pension Protection Act Zone StatusFIP/RP
Status Pending/ Implemented		Contributions of the CompanySurcharge
Imposed		Expiration
Date of Collective Bargaining Agreement
2024202320242023
IAM National Pension Fund /
National Pension Plan (A)
51-6031295 - 002
Red Zone as of 12/31/23Red Zone as of 12/31/22Implemented$890,000 $1,002,000 Yes8/7/2025
Total Contributions:$890,000 $1,002,000 
(A)The plan re-certified its zone status after using the amortization provisions of the Code. The Company's contributions to the plan did not represent more than 5% of total contributions to the plan as indicated in the plan's most recently available annual report for the plan year ended December 31, 2023. Under the terms of the collective-bargaining agreement, the Company is required to make contributions to the plan for each hour worked up to a maximum of 40 hours per person, per week at $1.55 per hour from August 10, 2019 through August 9, 2025. The Company is paying a surcharge of $0.16 for each hour worked up to a maximum of 40 hours per person, per week as a result of the pension plan being in the Red Zone.
Schedule of Benefit Obligation
The funded status of the Company's post-retirement health and life insurance benefits plan as of December 31, 2024 and 2023 and reconciliation with the amounts recognized in the Consolidated Balance Sheets are provided below (in thousands):
Post-Retirement Benefits
20242023
Change in benefit obligation:
Benefit obligation at January 1$3,116 $6,625 
Interest cost93 254 
Unrecognized loss (gain)550 (3,004)
Benefits paid, net(461)(759)
Benefit obligation at December 31$3,298 $3,116 
Plan Assets— — 
Amounts recorded in accumulated other comprehensive income:
Prior service credit$(3,130)$(3,648)
Net loss (gain)(1,358)(2,056)
Total$(4,488)$(5,704)
Weighted-average assumptions as of December 31:
Discount rate used to determine benefit obligation and net periodic benefit cost5.4  %4.7  %
Schedule of Post Retirement Benefit Plans
The components of expense for all of the Company's post-retirement benefit plans for the years ended December 31 (in thousands):
202420232022
Pension expense:
Multi-employer plan$794 $981 $1,137 
Defined contribution plans1,792 1,873 1,482 
Total pension expense2,586 2,854 2,619 
Health and life insurance:
Interest cost93 254 198 
Amortization of prior service credits(496)(496)(496)
Amortization of net loss (gain)(190)22 174 
Net periodic benefit credit(593)(220)(124)
Total post retirement benefits expense$1,993 $2,634 $2,495 
Schedule of Future Benefit Payments
The estimated future benefit payments of the health care plan for the next ten years are as follows (in thousands):
Postretirement
Health Care Benefits Plan
2025$146 
2026164 
2027180 
2028189 
2029192 
2030 - 20341,997