Quarterly report [Sections 13 or 15(d)]

Benefit Plans

v3.25.2
Benefit Plans
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Benefit Plans
14. Benefit Plans:
The following tables present the components of net periodic expense (benefit) for the Company-sponsored defined benefit pension and postretirement plans, which cover certain employees and retirees located in the U.S.:
Defined Benefit Pension Plans
Three months ended
June 30,
Six months ended
June 30,
2025 2024 2025 2024
Interest cost $ 820  $ 808  $ 1,642  $ 1,616 
Expected return on plan assets (808) (827) (1,617) (1,654)
Settlement gain (1) (6) (1) (6)
Net periodic expense (benefit) $ 11  $ (25) $ 24  $ (44)
Other Postretirement Benefit Plan
Three months ended
June 30,
Six months ended
June 30,
2025 2024 2025 2024
Interest cost $ $ $ 13  $ 12 
Amortization of prior service credit —  (7) —  (15)
Amortization of net gain (1) —  (2) (1)
Net periodic expense (benefit) $ $ (1) $ 11  $ (4)
All components of net periodic expense (benefit) are presented within other expense, net in the Company’s condensed consolidated statements of income.