Quarterly report [Sections 13 or 15(d)]

Benefit Plans

v3.26.1
Benefit Plans
 3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
Benefit Plans
14. Benefit Plans:
The following table presents the components of net periodic (benefit) expense for the Company-sponsored defined benefit pension plan, which cover certain employees and retirees located in the U.S.:
Defined Benefit Pension Plans
Three months ended
March 31,
2026 2025
Interest cost $ 789  $ 823 
Expected return on plan assets (842) (809)
Settlement gain (19) — 
Net periodic (benefit) expense $ (72) $ 14 
Net periodic (benefit) expense for the Company-sponsored postretirement benefit plan was immaterial for the three months ended March 31, 2026 and 2025. All components of net periodic (benefit) expense are presented within other expense, net in the Company’s condensed consolidated statements of income (loss).