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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Schedule of Reconciliation of the Projected Benefit Obligation, Plan Assets and Funded Status of the Pension Plan

The following table provides a reconciliation of the projected benefit obligation, plan assets and funded status of the pension plan at December 31:

			2022						2021
Accumulated benefit obligation			$	71,203					$	95,508
Change in benefit obligation
Projected benefit obligation at beginning of year			$	95,508					$	101,242
Service cost			1,077						991
Interest cost			2,148						1,803
Actuarial gain			(23,607)						(3,427)
Benefits paid			(2,805)						(2,703)
Settlements			(1,118)						(2,398)
Projected benefit obligation at end of year			$	71,203					$	95,508
Change in plan assets
Fair value of plan assets at beginning of year			$	79,404					$	76,940
Actual gain (loss) on plan assets			(13,125)						7,565
Benefits paid			(2,805)						(2,703)
Settlements			(1,118)						(2,398)
Fair value of plan assets at end of year			$	62,356					$	79,404
Funded status			$	(8,847)					$	(16,104)

Schedule of Amounts Recognized in the Consolidated Balance Sheets

Amounts recognized in the consolidated balance sheets consist of the following at December 31,:

			2022						2021
Other long-term liabilities			$	(8,847)					$	(16,104)
Accumulated other comprehensive loss			(31,346)						(39,122)

Schedule of Actuarial Assumptions Used

The following actuarial assumptions were used to determine our accumulated and projected benefit obligations as of December 31,:

			2022						2021
Discount rate			5.41		%				2.81		%

The following actuarial assumptions were used to determine our net periodic pension benefit cost for the years ended December 31,:

			2022						2021						2020
Discount rate on benefit obligation			2.81		%				2.44		%				3.33		%
Effective rate for interest on benefit obligation			2.33		%				1.83		%				2.88		%
Expected return on plan assets			7.00		%				7.00		%				7.00		%

Schedule of Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income

Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss) in 2022 and 2021 are as follows:

			2022						2021
Current year actuarial loss			$	5,228					$	5,836
Amortization of actuarial loss			2,589						3,327
Total recognized in other comprehensive income (loss)			$	7,817					$	9,163

Schedule of Net Benefit Cost

Net periodic pension cost for the years ended December 31, consists of the following:

			2022						2021						2020
Service cost			$	1,077					$	991					$	717
Interest cost on projected benefit obligation			2,148						1,803						2,555
Expected return on plan assets			(5,295)						(5,155)						(5,021)
Amortization of loss			2,589						3,327						2,821
Net periodic pension cost			$	519					$	966					$	1,072

Schedule of Allocation of Plan Assets

The allocation of plan assets by category is as follows at December 31,:

			Percentage of Pension Plan Assets												Target Allocation
			2022						2021						2023
Equity securities			72		%				73		%				75		%
Debt securities			28		%				27		%				25		%
Total			100		%				100		%				100		%

The following table sets forth the value of the pension plan's assets as of December 31, 2022 and December 31, 2021:

			2022						2021
Investments measured at fair value:
Level 1
Common Stock			$	6,628					$	9,767
Fixed Income Securities			15,963						20,272
Total Investments measured at fair value			22,591						30,039
Investments measured at NAV:
Money Market Fund			1,477						1,098
Mutual Funds			38,288						48,267
Total Investments measured at NAV			39,765						49,365
Total Investments			$	62,356					$	79,404

Schedule of Expected Benefit Payments

The following table summarizes the benefits and settlements expected to be paid by our pension plan in each of the next five years and in aggregate for the following five years. The expected payments are estimated based on the same assumptions used to measure the Company’s projected benefit obligation at December 31, 2022.

2023			$5,948
2024			5,643
2025			5,823
2026			6,143
2027			5,538
2028-2032			25,737

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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.

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Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized.

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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.

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Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

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