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Note 18 - Post-retirement Benefits
 3 Months Ended
Mar. 31, 2024
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,

  
   

2024

    

2023

  

Amortization of prior service credit

   $ 61     $ 61  

Interest cost

     (1,604 )     (1,533 )

Expected return on plan assets

     1,926       986  

Total

   $ 383     $ (486 )

 

The Company contributed $1.3 million and $1.2 million for the three months ended March 31, 2024 and 2023, 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.