Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2024

Retirement Benefits [Abstract]

Schedule of Net Benefit Costs

The table below sets forth net periodic benefit costs of the plan for the twelve months ended December 31:

	Defined Benefit Plan
	2024			2023
Components of net periodic benefit cost:
Service cost	$	383		$	373
Interest cost		4,664			4,687
Recognized actuarial gain		3,708			3,082
Expected return on plan assets		(5,920	)		(5,686	)
Prior service cost		66			65
Net periodic benefit cost	$	2,901		$	2,521

Schedule of Benefit Obligation, Fair Value of Plan Assets, and Funded Status of our Plan

The table below sets forth the benefit obligation, the fair value of plan assets, and the funded status as of December 31:

	Defined Benefit Plan
	2024			2023
Change in benefit obligation:
Beginning balance	$	108,108		$	98,797
Service cost		383			373
Interest cost		4,664			4,687
Actuarial (gain) loss		(10,605	)		3,441
Benefits paid		(5,284	)		(4,918	)
Currency changes		(1,694	)		5,728
Benefit obligation at December 31	$	95,572		$	108,108
Change in plan assets:
Beginning balance - fair value	$	98,016		$	91,307
Employer contribution		2,939			2,863
Actual return on plan assets		(5,813	)		3,515
Benefits paid		(5,284	)		(4,918	)
Currency changes		(1,569	)		5,249
Fair value of plan assets at December 31	$	88,289		$	98,016
Underfunded status at December 31	$	(7,283	)	$	(10,092	)

Schedule of Assumptions Used

The following weighted-average assumptions were used to determine net periodic benefit costs for the twelve months ended December 31:

	2024			2023
Discount rate		4.4	%		4.7	%
Expected long-term return on plan assets		6.2	%		6.1	%

The following weighted-average assumption was used to determine the benefit obligations at December 31:

	2024			2023
Discount rate		5.4	%		4.4	%

Schedule of Allocation Of Plan Assets

The table below sets forth the plan asset allocations of the assets in the plan and expected long-term return by asset category:

Asset category	Expected long-term return			Asset allocation
Growth assets		7.4	%		51	%
Hedging assets		5.0	%		32	%
Cash		4.8	%		18	%

Schedule of Expected Benefit Payments

Benefit plan payments are primarily made from funded benefit plan trusts and current assets. The table below sets forth the expected future benefit payments, including future benefit accrual, as of December 31, 2024:

2025	$	5,295
2026		5,418
2027		5,558
2028		5,708
2029		5,694
2030-2034		30,257

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets

The following table summarizes the major categories of the plan assets:

	December 31, 2024
Asset category	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	5,736	$	-	$	-	$	5,736
Equity securities:
U.K.		-		527		-		527
Overseas equities		-		13,227		-		13,227
Emerging markets		-		2,070		-		2,070
Fixed income securities:
Government bonds		-		78		-		78
Non-government bonds		-		15,569		-		15,569
Other types of investments
Hedge funds		-		15,983		-		15,983
Liability-driven investments		-		31,492		-		31,492
Commodities		-		795		-		795
Other		-		2,812		-		2,812
Total	$	5,736	$	82,553	$	-	$	88,289

	December 31, 2023
Asset category	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	8,961	$	-	$	-	$	8,961
Equity securities:
U.K.		-		534		-		534
Overseas equities		-		12,424		-		12,424
Emerging markets		-		3,296		-		3,296
Fixed income securities:
Government bonds		-		87		-		87
Non-government bonds		-		12,860		-		12,860
Other types of investments
Hedge funds		-		18,898		-		18,898
Liability-driven investments		-		34,681		-		34,681
Commodities		-		676		-		676
Other		-		5,599		-		5,599
Total	$	8,961	$	89,055	$	-	$	98,016