Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents changes in Accumulated Other Comprehensive Income by component, net of tax, for the years ended December 31, 2024 and 2023 (in thousands):


	Hedging Derivative Activities		Post Retirement Benefit Plan Items(A)		Total
2023:
Balance at January 1, 2022	$	546	$	2,507	$	3,053
Other comprehensive income before reclassifications	3,174		3,004		6,178
Amounts reclassified from accumulated other comprehensive income	(2,708)		(474)		(3,182)
Income tax (expense) benefit	(111)		(637)		(748)
Balance at December 31, 2023	$	901	$	4,400	$	5,301

2024:
Balance at January 1, 2023	$	901	$	4,400	$	5,301
Other comprehensive income before reclassifications	(3,042)		(550)		(3,592)
Amounts reclassified from accumulated other comprehensive income	309		(686)		(377)
Income tax (expense) benefit	578		382		960
Balance at December 31, 2024	$	(1,254)	$	3,546	$	2,292

(A) The effect of post-retirement benefit items reclassified from Accumulated Other Comprehensive Income is included in other income and expense on the Consolidated Statements of Operations. These Accumulated Other Comprehensive Income components are included in the computation of net periodic benefit cost (see Note 14 - Post Retirement Benefits and Note 16 - Fair Value of Financial Instruments for additional details). The tax effect of post retirement benefit items reclassified from Accumulated Other Comprehensive Income is included in income tax expense on the Consolidated Statements of Operations.