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Note 18 - Post-retirement Benefits
 3 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Retirement Benefits [Text Block]

18.

Post-retirement benefits

 

Amounts recognized in the unaudited condensed consolidated statements of operations in respect of the defined benefit schemes were as follows (in thousands):

 

   

Three Months Ended March 31,

  
   

2023

    

2022

  
                 

Amortization of prior service credit

   $ 61     $ 61  

Interest cost

     (1,533 )     (1,054 )

Expected return on plan assets

     986       1,428  

Total

   $ (486 )   $ 435  

 

The Company contributed $1.2 million and $1.3 million for the three months ended March 31, 2023 and 2022, respectively, to defined benefit schemes.

 

Amortization of prior service credit, interest cost and expected return on plan assets have been recognized in “Other income, net” in the unaudited condensed consolidated statements of operations.