Annual report [Section 13 and 15(d), not S-K Item 405]

PROFIT SHARING/401K PLAN

v3.25.4
PROFIT SHARING/401K PLAN
12 Months Ended
Dec. 31, 2025
Postemployment Benefits [Abstract]  
PROFIT SHARING/401K PLAN PROFIT SHARING/401K PLAN
The Company offers eligible domestic full-time employees participation in a safe harbor 401K plan. The plan provides for an annual company contribution. In addition, employees may contribute a portion of their salary to the plan. The plan may be amended or terminated at any time.
Total charges to income before income taxes for this plan was approximately $9.6 million, $8.9 million and $5.3 million in 2025, 2024 and 2023, respectively. The Company had funded the contributions in 2023 and the first quarter of 2024 with treasury stock in lieu of cash and funded the remainder of the 2024 contribution and the 2025 contributions with cash.