Pension and Postretirement Benefits

6 Months Ended

Jun. 30, 2023

Retirement Benefits [Abstract]

Pension and Postretirement Benefits

Note 19. Pension and Postretirement Benefits

The components of net periodic benefit cost of our pension and postretirement benefit plans for the three months ended June 30, 2023 and 2022 consist of the following:

	Domestic Plans
	Pension Plans					Postretirement Benefit Plans					Foreign Pension Plans
(in thousands)	2023			2022		2023			2022		2023			2022
Service cost	$	—		$	—	$	6		$	10	$	44		$	76
Interest cost		211			125		93			54		91			79
Expected return on plan assets		(40	)		51		—			—		(86	)		(98	)
Amortization of prior service credit		(8	)		—		29			22		—			—
Recognized net actuarial loss (gain)		71			134		(44	)		23		34			36
Net periodic benefit cost (income)	$	234		$	310	$	84		$	109	$	83		$	93
Settlement cost		—			—		—			—		—			—
Total expenses (income)	$	234		$	310	$	84		$	109	$	83		$	93

The components of net periodic benefit cost of our pension and postretirement benefit plans for the six months ended June 30, 2023 and 2022 consist of the following:

	Domestic Plans
	Pension Plans					Postretirement Benefit Plans					Foreign Pension Plans
(in thousands)	2023			2022		2023			2022		2023			2022
Service cost	$	—		$	—	$	12		$	20	$	88		$	161
Interest cost		422			250		186			108		183			167
Expected return on plan assets		(80	)		49		—			—		(172	)		(223	)
Amortization of prior service credit		(16	)		—		58			44		—			—
Recognized net actuarial (gain) loss		142			268		(88	)		46		67			71
Net periodic benefit cost	$	468		$	567	$	168		$	218	$	166		$	176
Settlement cost		—			115		—			—		—			533
Total expenses	$	468		$	682	$	168		$	218	$	166		$	709

We expect to contribute $0.6 million to our funded pension plans, $0.8 million to our unfunded pension plans, and $0.7 million to our postretirement benefit plans in 2023. During the six months ended June 30, 2023, we contributed $0.3 million to our funded pension plans, $0.4 million to our unfunded pension plans, and $0.3 million to our postretirement benefit plans.