Pension and Post-retirement Benefit Obligations

3 Months Ended

Mar. 31, 2023

Postemployment Benefits [Abstract]

Pension and Post-retirement Benefit Obligations

Pension and Post-retirement Benefit Obligations

The Company sponsors various non-qualified defined benefit pension plans in the U.S. (the "Plan"). Individual benefits under the Plan generally are based on the employee’s years of creditable service and compliance with non-competes. The plan is unfunded and there are no plan assets.

The following table details the components of net periodic benefit costs for the Company's pension plan for the three months ended March 31, 2023 and 2022:

(Amounts in thousands)	March 31, 2023		March 31, 2022
Components of net periodic benefit cost:
Service costs	$	11	$	–
Interest costs	68		–
Amortization of net (gain)	(11)		–
Net periodic benefit cost	$	68	$	–

There are no required minimum contributions for the pension plans.