EMPLOYEE BENEFIT PLANS

6 Months Ended

Jun. 30, 2026

Retirement Benefits [Abstract]

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

We have three frozen defined benefit pension plans covering certain employees or former employees of three U.S. subsidiaries. We also have pension plans covering certain employees of several foreign subsidiaries. We also sponsor a number of defined contribution plans in the U.S. and at foreign subsidiaries. We contributed approximately $0.1 million to the pension plans during the six months ended June 30, 2026 and no amounts are expected to be contributed to these pension plans during the remainder of 2026.

The components of net periodic pension cost consisted of the following for the periods set forth below (amounts in thousands):

	Three months ended				Six months ended
	June 30,				June 30,
	2026		2025		2026		2025
Service cost	$	92	$	129	$	216	$	290
Interest cost	880		936		1,747		1,881
Expected return on assets	(1,280)		(1,385)		(2,558)		(2,714)
Amortization of unrecognized prior service cost and unrecognized (gain) loss	(8)		(1)		(13)		3
Net periodic pension benefit	$	(316)	$	(321)	$	(608)	$	(540)

Service cost is recorded as cost of sales in the condensed consolidated statements of operations while all other components are recorded in other income.