Pension and Other Post-Retirement Benefit Plans

9 Months Ended

Sep. 30, 2021

Retirement Benefits [Abstract]

Pension and Other Post-Retirement Benefit Plans

Pension and Other Post-Retirement Benefit Plans

The components of net periodic (benefit) cost related to pension and other post-retirement benefit plans is as follows:

	U.S. Pension and Other Post-Retirement Benefit Plans				Non-U.S. Pension Plan
	Three Months Ended September 30,				Three Months Ended September 30,
	2021		2020		2021		2020
Interest cost	$	207	$	281	$	160	$	210
Expected return on plan assets	(553)		(519)		(251)		(277)
Amortization of prior service cost	2		2		12		151
Recognized actuarial loss	70		74		239		12
Net (benefit) cost	$	(274)	$	(162)	$	160	$	96

	U.S. Pension and Other Post-Retirement Benefit Plans				Non-U.S. Pension Plan
	Nine months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Interest cost	$	621	$	843	$	483	$	618
Expected return on plan assets	(1,659)		(1,556)		(755)		(806)
Amortization of prior service cost	6		5		40		437
Recognized actuarial loss	210		223		721		36
Net (benefit) cost	$	(822)	$	(485)	$	489	$	285

Net periodic (benefit) cost components, not inclusive of service costs, are recognized in other expense (income) within the Condensed Consolidated Statements of Operations.

Subsequent to the quarter ended September 30, 2021, the Audit Committee of the Board of Directors approved amendments to the U.S. Pension Plan to terminate the plan. The plan participants have been notified of the Company's intention to terminate the plan effective December 31, 2021.