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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2023

Retirement Benefits [Abstract]

Schedule of changes in the obligations and plan assets, the funded status and the amounts recorded

Summarized information regarding changes in the obligations and plan assets, the funded status and the amounts recorded were as follows (in thousands):

			Year Ended December 31,
			2023						2022
Benefit obligation, beginning of year			$	113,705					$	131,966
Employer service cost			7,711						9,855
Interest cost			2,280						251
Plan participants' contributions			4,534						3,649
Actuarial loss (gain)			26,682						(33,783)
Transfer of benefits net of payments from fund			1,866						3,295
Expenses paid from assets			(118)						(87)
Translation loss (gain)			13,007						(1,441)
Benefit obligation, end of year			169,667						113,705
Fair value of plan assets, beginning of year			102,023						93,995
Actual return on plan assets			140						(5,257)
Employer contributions			9,955						7,617
Plan participants' contributions			4,534						3,649
Transfer of benefits net of payments from fund			1,866						3,295
Expenses paid from assets			(118)						(87)
Translation gain (loss)			10,082						(1,189)
Fair value of plan assets, end of year			128,482						102,023
Unfunded liability, end of year			$	41,185					$	11,682

Schedule of net periodic benefit cost

The net periodic benefit cost was as follows (in thousands):

			Year Ended December 31,
			2023						2022						2021
Service cost			$	7,711					$	9,855					$	7,977
Interest cost			2,280						251						92
Expected return on plan assets			(5,688)						(4,184)						(60)
Amortization of prior service cost			771						773						217
Amortization of actuarial losses			—						356						1,154
Net periodic benefit cost			$	5,074					$	7,051					$	9,380

Schedule of changes recognized in other comprehensive income (loss)

Other changes in the plans assets and the benefit obligation that is recognized in accumulated other comprehensive income (loss) were as follows, net of tax (in thousands):

			Year Ended December 31,
			2023						2022						2021
Pension (asset) liability, beginning of year			$	(1,699)					$	23,677					$	23,831
Plan amendment			—						—						6,017
Net prior service costs			(771)						(773)						(217)
Net loss (gain)			33,394						(24,603)						(5,954)
Pension liability (asset), end of year			$	30,924					$	(1,699)					$	23,677

Schedule of expected benefit payments

The following payments are expected to be paid from the fund (in thousands):

2024			$	6,632
2025			7,586
2026			7,103
2027			7,964
2028			8,463
2029-2033			56,005
Total			$	93,753

X

- Definition

Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Subparagraph (a)(b)(c)
-Paragraph 1
-SubTopic 20
-Topic 715
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

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- Definition

Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

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- Definition

Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 715
-SubTopic 20
-Subparagraph (f)
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

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- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 715
-SubTopic 20
-Subparagraph (h)
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

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