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Note 18 - Post-retirement Benefits
 6 Months Ended
Jun. 30, 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 June 30,

    

Six Months Ended June 30,

  
   

2025

    

2024

    

2025

    

2024

  

Amortization of prior service credit

   $ 61     $ 61     $ 122     $ 122  

Interest cost

     (1,946 )     (1,574 )     (3,800 )     (3,178 )

Expected return on plan assets

     2,254       1,909       4,387       3,835  

Total

   $ 369     $ 396     $ 709     $ 779  

 

The Company contributed $1.4 million and $2.8 million for the three and six months ended June 30, 2025, and $1.3 million and $2.6 million for the three and six months ended June 30, 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.