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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2023

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:

			2023						2022
Accumulated benefit obligation			$	70,588					$	71,203
Change in benefit obligation
Projected benefit obligation at beginning of year			$	71,203					$	95,508
Service cost			776						1,077
Interest cost			3,646						2,148
Actuarial gain			(806)						(23,607)
Benefits paid			(3,018)						(2,805)
Settlements			(1,213)						(1,118)
Projected benefit obligation at end of year			$	70,588					$	71,203
Change in plan assets
Fair value of plan assets at beginning of year			$	62,356					$	79,404
Actual gain (loss) on plan assets			7,771						(13,125)
Benefits paid			(3,018)						(2,805)
Settlements			(1,213)						(1,118)
Fair value of plan assets at end of year			$	65,896					$	62,356
Funded status			$	(4,692)					$	(8,847)

Schedule of Amounts Recognized in the Consolidated Balance Sheets

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

			2023						2022
Other long-term liabilities			$	(4,692)					$	(8,847)
Accumulated other comprehensive loss			(24,770)						(31,346)

Schedule of Actuarial Assumptions Used

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

			2023						2022
Discount rate			5.15		%				5.41		%

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

			2023						2022						2021
Discount rate on benefit obligation			5.41		%				2.81		%				2.44		%
Effective rate for interest on benefit obligation			5.34		%				2.33		%				1.83		%
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 2023 and 2022 are as follows:

			2023						2022
Current year actuarial loss			$	4,447					$	5,228
Amortization of actuarial loss			2,129						2,589
Total recognized in other comprehensive income (loss)			$	6,576					$	7,817

Schedule of Net Benefit Cost

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

			2023						2022						2021
Service cost			$	776					$	1,077					$	991
Interest cost on projected benefit obligation			3,646						2,148						1,803
Expected return on plan assets			(4,130)						(5,295)						(5,155)
Amortization of loss			2,129						2,589						3,327
Net periodic pension cost			$	2,421					$	519					$	966

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
			2023						2022						2024
Equity securities			72		%				72		%				75		%
Debt securities			28		%				28		%				25		%
Total			100		%				100		%				100		%

The following table sets forth the value of the pension plan's assets as of December 31, 2023 and December 31, 2022:

			2023						2022
Investments measured at fair value:
Level 1
Common Stock			$	7,926					$	6,628
Fixed Income Securities			16,735						15,963
Total Investments measured at fair value			24,661						22,591
Investments measured at NAV:
Money Market Fund			1,834						1,477
Mutual Funds			39,401						38,288
Total Investments measured at NAV			41,235						39,765
Total Investments			$	65,896					$	62,356

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, 2023.

2024			$5,213
2025			5,670
2026			5,740
2027			5,314
2028			5,224
2029-2033			24,730

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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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Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

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