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Employee Benefit Plans (Tables) | 12 Months Ended
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Dec. 31, 2019
Compensation And Retirement Disclosure [Abstract] |
Summary of Funded Status (Unfunded Liability) of Partnerships in Care Pension Plan Based Upon Actuarial Valuations | The following table summarizes the funded status (unfunded liability) of the Partnerships in Care Pension Plan based upon actuarial valuations prepared at December 31, 2019 and 2018 (in thousands):
|  | 2019 |  |  | 2018 |
Projected benefit obligation |  | $ | 66,468 |  |  | $ | 57,993 |
Fair value of plan assets |  |  | 62,207 |  |  |  | 54,491 |
Unfunded liability |  | $ | 4,261 |  |  | $ | 3,502 |
Summary of Changes in Partnerships in Care Pension Plan Net Pension Liability | The following table summarizes changes in the Partnerships in Care Pension Plan net pension liability at December 31, 2019 and 2018 (in thousands):
|  | 2019 |  |  | 2018 |
Net pension liability at beginning of period |  | $ | 3,502 |  |  | $ | 8,795 |
Employer contributions |  |  | (2,413 | ) |  |  | (2,267 | )
Net pension expense |  |  | (933 | ) |  |  | 283 |
Pension liability adjustment |  |  | 4,012 |  |  |  | (2,803 | )
Foreign currency translation (loss) gain |  |  | 93 |  |  |  | (506 | )
Net pension liability at end of period |  | $ | 4,261 |  |  | $ | 3,502 |
Summary of Assumptions Used to Determine Plan Benefit obligation | A pension liability of $4.3 million and $3.5 million were recorded within other liabilities on the consolidated balance sheets at December 31, 2019 and 2018. The following assumptions were used to determine the plan benefit obligation:
Discount rate |  |  | 1.9 | % |  |  | 2.8 | %
Compensation increase rate |  |  | 2.9 | % |  |  | 3.3 | %
Measurement date |  | December 31, 2019 |  |  | December 31, 2018 |
Assumptions used to determine the net periodic pension plan expense for the years ended December 31, 2019 and 2018 were as follows:
|  | 2019 |  |  | 2018 |
Discount rate |  |  | 1.9 | % |  |  | 2.8 | %
Expected long-term rate of return on plan assets |  |  | 1.9 | % |  |  | 2.8 | %
Summary of Components of Net Pension Plan Expense | A summary of the components of net pension plan expense for the years ended December 31, 2019 and 2018 is as follows (in thousands):
|  | 2019 |  |  | 2018 |
Interest cost on projected benefit obligation |  | $ | 1,605 |  |  | $ | 1,602 |
Expected return on assets |  |  | (2,538 | ) |  |  | (1,319 | )
Net pension expense |  | $ | (933 | ) |  | $ | 283 |
Schedule of Weighted-Average Asset Allocation by Asset Category in Partnerships in Care Pension Plan | The Partnerships in Care Pension Plan’s weighted-average asset allocations by asset category at December 31, 2019 and 2018 were as follows:
|  | December 31, 2019 |  |  | December 31, 2018 |
Cash and cash equivalents |  |  | 1.4 | % |  |  | 1.3 | %
U.K. government obligation |  |  | 16.2 | % |  |  | 15.0 | %
Annuity contracts |  |  | 35.1 | % |  |  | 38.6 | %
Equity securities |  |  | 28.8 | % |  |  | 25.4 | %
Debt securities |  |  | 12.5 | % |  |  | 15.8 | %
Other |  |  | 6.0 | % |  |  | 3.9 | %

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- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the change in the accumulated postemployment benefit obligation from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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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 -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of net funded status of pension plans and/or other employee benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 + Details
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