Post-employment Benefits (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure Of Information About Post Employment Benefits [Abstract]

Summary of Additional Details on Defined Pension Plans Funded Status

The following table provides additional details on the defined pension plans’ funded status (in USD thousands):

	December 31,
	2021			2020
Present value of defined benefit obligation	$	(17,889	)	$	(15,938	)
Fair value of plan assets		13,436			10,780
Net pension liability	$	(4,453	)	$	(5,158	)

Summary of Movement in Defined Benefit Obligation

The following table presents the movement in the defined benefit obligation (in USD thousands):

	2021									2020
	Funded			Unfunded			Total			Funded			Unfunded			Total
January 1	$	(15,773	)	$	(165	)	$	(15,938	)	$	(10,703	)	$	(75	)	$	(10,778	)
Service Cost		(1,054	)		(80	)		(1,134	)		(1,547	)		(49	)		(1,596	)
of which current service cost		(1,382	)		(80	)		(1,462	)		(1,435	)		(49	)		(1,484	)
of which past service cost		328			—			328			(112	)		—			(112	)
Interest expense		(49	)		(1	)		(50	)		(6	)		(1	)		(7	)
Actuarial gains (losses)		471			26			497			244			(30	)		214
Actual plan participants’ contributions		(1,171	)		—			(1,171	)		(771	)		—			(771	)
Transfers (in) out due to (joiners) leavers		(651	)		—			(651	)		(1,663	)		—			(1,663	)
Currency translation differences		541			17			558			(1,327	)		(10	)		(1,337	)
December 31	$	(17,686	)	$	(203	)	$	(17,889	)	$	(15,773	)	$	(165	)	$	(15,938	)

Summary of Movement in Defined Benefit Plans Assets

The following table presents the movement in the defined benefit plans’ assets (in USD thousands):

	2021			2020
As of January 1	$	10,780		$	6,715
Interest income		39			4
Return on plan assets, excl. interest income		(32	)		(45	)
Administrative expenses		(62	)		(42	)
Employer contributions		1,257			819
Employee contributions		1,171			771
Transfers in (out) due to joiners (leavers)		651			1,663
Currency translation differences		(368	)		895
As of December 31	$	13,436		$	10,780

Summary of Defined Benefit Plans Assets

The following table presents the defined benefit plan assets, which include the following (in USD thousands):

	December 31,
	2021		2020
Cash	$	528	$	319
Insurance policies		12,908		10,461
Total	$	13,436	$	10,780

Schedule of Pension Costs Recognized in Statement of Loss

The follow table presents the pension costs recognized in statement of loss (in USD thousands):

	December 31,
	2021									2020									2019
	Funded			Unfunded			Total			Funded			Unfunded			Total			Funded			Unfunded			Total
Service cost	$	(1,054	)	$	(80	)	$	(1,134	)	$	(1,547	)	$	(49	)	$	(1,596	)	$	(843	)	$	(26	)	$	(869	)
Interest cost		(49	)		(1	)		(50	)		(6	)		(1	)		(7	)		(68	)		(1	)		(69	)
Total recognized	$	(1,103	)	$	(81	)	$	(1,184	)	$	(1,553	)	$	(50	)	$	(1,603	)	$	(911	)	$	(27	)	$	(938	)

Schedule of Pension Remeasurement Recognized in Statement Other Comprehensive Loss

The follow table presents the pension remeasurement recognized in statement other comprehensive loss (in USD thousands):

	December 31,
	2021								2020									2019
	Funded			Unfunded		Total			Funded			Unfunded			Total			Funded			Unfunded			Total
Changes in demographic assumptions	$	1,278		$	—	$	1,278		$	1,039		$	—		$	1,039		$	—		$	—		$	—
Changes in financial assumptions		37			13		50			157			(16	)		141			(949	)		(15	)		(964	)
Experience adjustments		(844	)		13		(831	)		(952	)		(14	)		(966	)		(431	)		10			(421	)
Total actuarial gains (losses)		471			26		497			244			(30	)		214			(1,380	)		(5	)		(1,385	)
Return on plan assets		(32	)		—		(32	)		(45	)		—			(45	)		(93	)		—			(93	)
Currency translation differences		(4	)		—		(4	)		13			2			15			(45	)		—			(45	)
Total recognized	$	435		$	26	$	461		$	212		$	(28	)	$	184		$	(1,518	)	$	(5	)	$	(1,523	)

Schedule of Sensitivity Analysis for Funded and Unfunded Plans

The table below presents the sensitivity analysis for the funded plans (in USD thousands):

	2021			2020
Discount rates
Increase of 25 basis points		(576	)		(637	)
Decrease of 25 basis points		635			697
Expected rates of salary increases
Increase of 25 basis points		122			137
Decrease of 25 basis points		(120	)		(134	)
Interest rate
Increase of 25 basis points		189			206
Decrease of 25 basis points		(185	)		(199	)
Inflation
Increase of 25 basis points		121			134
Decrease of 25 basis points		(118	)		(130	)
Life expectancy
Increase of 1 year		145			177
Decrease of 1 year		(145	)		(176	)

The table below presents the sensitivity analysis for the unfunded plans (in USD thousands):

	2021			2020
Discount rates
Increase of 50 basis points		(26	)		(18	)
Decrease of 50 basis points		30			20
Expected rates of salary increases
Increase of 50 basis points		30			20
Decrease of 50 basis points		(26	)		(18	)