XML 36 R25.htm IDEA: XBRL DOCUMENT v3.25.1
Note 18 - Post-retirement Benefits
 3 Months Ended
Mar. 31, 2025
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,

 
  

2025

  

2024

 

Amortization of prior service credit

 $61  $61 

Interest cost

  (1,854)  (1,604)

Expected return on plan assets

  2,133   1,926 

Total

 $340  $383 

 

The Company contributed $1.4 million for the three months ended March 31, 2025, and $1.3 million for the three months ended March 31, 2024, 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.