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NON-U.S. EMPLOYEE DEFINED BENEFIT PLANS (Tables) | 12 Months Ended
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Dec. 31, 2022
Retirement Benefits [Abstract] |
Schedule of changes in projected benefit obligations, fair value of plan assets, and funded status of plan | A reconciliation of the changes in the benefit obligations and fair value of the assets of the defined benefit plans for the years ended December 31, 2022 and 2021, the funded status of the plans, and the amounts recognized in the consolidated balance sheets as of December 31, 2022 and 2021 were as follows (in thousands):
| Year ended December 31, |  |
| 2022 |  | 2021 |  |
Changes in projected benefit obligations: |  |  |  |  |
Projected benefit obligation, beginning of year | $ | 26,938 |  |  | $ | 25,067 |  |  |
Service cost | 1,355 |  |  | 1,321 |  |  |
Interest cost | 563 |  |  | 523 |  |  |
Participant contributions | — |  |  | — |  |  |
Plan amendments | — |  |  | (3,801) |  |  |
Net actuarial (gain) loss on obligation | (5,604) |  |  | 4,868 |  |  |
Settlement | (1,063) |  |  | — |  |  |
Benefits and expenses paid | (932) |  |  | (1,040) |  |  |
Projected benefit obligation, end of year | $ | 21,257 |  |  | $ | 26,938 |  |  |
Changes in plan assets: |  |  |  |  |
Fair value of plan assets, beginning of year | $ | 15,303 |  |  | $ | 14,350 |  |  |
Actual return on plan assets | (672) |  |  | 981 |  |  |
Employer contributions | 1,954 |  |  | 989 |  |  |
Participant contributions | 39 |  |  | 23 |  |  |
Benefits paid | (1,995) |  |  | (1,040) |  |  |
Fair value of plan assets, end of year | $ | 14,629 |  |  | $ | 15,303 |  |  |
Funded status at end of year | $ | (6,628) |  |  | $ | (11,635) |  |  |
Amounts recognized in accumulated other comprehensive income consist of: |  |  |  |  |
Prior service (credit) cost | $ | (3,481) |  |  | $ | (3,801) |  |  |
Net actuarial (gain) loss | (1,704) |  |  | 4,045 |  |  |
| $ | (5,185) |  |  | $ | 244 |  |  |
Amounts recognized in the consolidated balance sheets consist of: |  |  |  |  |
Other assets (non-current pension asset) | $ | 552 |  |  | $ | — |  |  |
Accrued expenses and other (current pension liability) | (803) |  |  | (461) |  |  |
Other long-term liabilities (non-current pension liability) | (6,377) |  |  | (11,174) |  |  |
Net amount recognized | $ | (6,628) |  |  | $ | (11,635) |  |  |
Schedule of accumulated benefit obligations | Plans with underfunded or non-funded accumulated benefit obligations at December 31, 2022 and 2021 were as follows (in thousands):
| December 31,
| 2022 |  | 2021
Aggregate projected benefit obligation | $ | 9,450 |  |  | $ | 26,938 |
Aggregate accumulated benefit obligation | $ | 7,418 |  |  | $ | 20,695 |
Aggregate fair value of plan assets | $ | 2,270 |  |  | $ | 15,303 |
Plans with overfunded accumulated benefit obligations at December 31, 2022 and 2021 were as follows (in thousands):
| December 31,
| 2022 |  | 2021
Aggregate projected benefit obligation | $ | 11,807 |  |  | $ | — |
Aggregate accumulated benefit obligation | $ | 9,547 |  |  | $ | — |
Aggregate fair value of plan assets | $ | 12,359 |  |  | $ | — |
Schedule of net benefit costs | Net periodic benefit costs for the years ended December 31, 2022, 2021 and 2020 were as follows (in thousands):
| Year ended December 31,
| 2022 |  | 2021 |  | 2020
Service cost | $ | 1,355 |  |  | $ | 1,321 |  |  | $ | 1,459 |
Interest cost | 563 |  |  | 523 |  |  | 46 |
Expected return on plan assets | (266) |  |  | (314) |  |  | (343) |
Plan asset expenses | — |  |  | — |  |  | — |
Settlement charge (credit) | 808 |  |  | — |  |  | (1,557) |
Amortization of prior service cost | (320) |  |  | — |  |  | — |
Amortization of net loss | 275 |  |  | 81 |  |  | 20 |
Net periodic benefit costs | $ | 2,415 |  |  | $ | 1,611 |  |  | $ | (375) |
Schedule of expected benefit payments | Expected benefit payments for the next ten years are as follows (in thousands):
Years ending December 31, |
2023 | $ | 2,863 |
2024 | 1,314 |
2025 | 1,562 |
2026 | 1,315 |
2027 | 1,584 |
2028 to 2032 | 11,326 |
| $ | 19,964 |
Schedule of defined benefit plan amounts recognized in other comprehensive income (loss) | The changes in plan assets and benefit obligations recognized in other comprehensive income (loss) before tax for the years ended December 31, 2022, 2021 and 2020 were as follows (in thousands):
| Year ended December 31,
| 2022 |  | 2021 |  | 2020
Net (gain) loss | $ | (4,666) |  |  | $ | 4,201 |  |  | $ | (503) |
Prior service (credit) cost | — |  |  | (3,801) |  |  | — |
Amortization of net gain (loss) | (275) |  |  | (81) |  |  | (20) |
Amortization of prior service credit (cost) | 320 |  |  | — |  |  | — |
Settlement (charge) credit | (808) |  |  | — |  |  | (1,557) |
Total recognized in other comprehensive income (loss) | $ | (5,429) |  |  | $ | 319 |  |  | $ | (2,080) |
Schedule of assumptions used | The principal weighted average assumptions used to determine the benefit obligation at December 31, 2022 and 2021 were as follows:
| December 31,
| 2022 |  | 2021
Discount rate | 4.74 | % |  | 2.24 | %
Rate of compensation increase | 4.02 | % |  | 3.90 | %
The principal weighted average assumptions used to determine net period benefit cost for the years ended December 31, 2022, 2021 and 2020 were as follows:
| Year ended December 31,
| 2022 |  | 2021 |  | 2020
Discount rate | 2.24 | % |  | 2.16 | % |  | 0.68 | %
Expected long-term return on plan assets | 1.79 | % |  | 2.06 | % |  | 0.21 | %
Rate of compensation increase | 3.90 | % |  | 2.41 | % |  | 2.88 | %

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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