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EMPLOYEE BENEFIT PLANS
6 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
We have a defined benefit pension plan covering certain United Kingdom employees (the “U.K. Plan”). Net periodic pension credit includes the following components (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
(unaudited)(unaudited)(unaudited)(unaudited)
Interest cost$651 $689 $1,303 $1,376 
Expected return on plan assets(840)(927)(1,692)(1,852)
Amortization of prior service cost16 15 
Unrecognized net actuarial loss
79 71 158 142 
Net periodic pension credit$(102)$(160)$(215)$(319)

Net pension credit is included in “Other (expense) income, net” on our condensed consolidated statement of operations. The expected long-term rate of return on invested assets is determined based on the weighted average of expected returns on asset investment categories for the U.K. Plan as follows: 5.5% overall, 8.5% for equities and 5.0% for debt securities.