Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2023

Retirement Benefits [Abstract]

Reconciliation of Changes in Benefit Obligation

The following provides a reconciliation of the changes in benefit obligation, and the funded status at the end of the years (in thousand):

	Years ended December 31,
	2023			2022
Benefit obligation at beginning of year	$	11,021		$	16,527
Service cost		76			100
Interest cost		396			146
Benefits paid		(664	)		(572	)
Actuarial (gain) loss		697			(4,278	)
Foreign currency exchange rate change		276			(902	)
Benefit obligation at end of year		11,802			11,021
Underfunded status at end of year	$	11,802		$	11,021

Schedule of Net Periodic Benefit Cost Related to Plans

The net periodic benefit cost related to the plans consisted of the following components (in thousands):

	Years ended December 31,
	2023			2022
Service Cost	$	76		$	100
Interest Cost		396			146
Net amortization of net gain (loss)		(244	)		—
Net periodic benefit cost	$	228		$	246

Schedule of Changes in Benefit Obligations Recognized Net of Tax in Other Comprehensive Income

The following table presents changes in benefit obligations recognized net of tax in other comprehensive income (in thousands):

	Years ended December 31,
	2023		2022
Amortization of net (gain) loss	$	244	$	—
Actuarial (gain) loss in the current period		697		(4,278	)
Net change during the period	$	941	$	(4,278	)

Weighted Average Assumptions Used In Determining Periodic Net Cost and Benefit Obligation Information Related to Plans

The weighted average assumptions used in determining the periodic net cost and benefit obligation information related to the plans are as follows:

	Years ended December 31,
	2023			2022
Discount rate		3.2	%		3.7	%
Rate of compensation increase		2.0	%		2.0	%

Schedule of Benefit Payments which Funded by Company are Expected To Be Paid

The following benefit payments, which are funded by the Company, are expected to be paid (in thousands):

2024	$	632
2025		655
2026		667
2027		669
2028		616
2029 - 2033	$	3,066