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Defined Benefit Pension Plans (Tables)
9 Months Ended
Sep. 30, 2024
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans Disclosures

Net periodic cost related to all of the Company's defined benefit pension plans recognized in the Company's unaudited Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2024 and 2023 included the following components:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

(in thousands)

 

September 30,
2024

 

 

September 30,
2023

 

 

September 30,
2024

 

 

September 30,
2023

 

Service cost

 

$

383

 

 

$

362

 

 

$

1,145

 

 

$

1,075

 

Interest cost

 

 

5,759

 

 

 

6,069

 

 

 

17,239

 

 

 

17,991

 

Expected return on assets

 

 

(6,434

)

 

 

(6,900

)

 

 

(19,257

)

 

 

(20,468

)

Amortization of actuarial loss

 

 

3,165

 

 

 

3,025

 

 

 

9,479

 

 

 

9,008

 

Net periodic cost

 

$

2,873

 

 

$

2,556

 

 

$

8,606

 

 

$

7,606