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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Schedule of net periodic pension cost

Components of net periodic pension cost included in earnings:

			Years Ended December 31,
			2022						2021						2020
(In thousands)
Service cost (gross)			$	1,107					$	1,587					$	1,549
Interest cost			138						53						106
Expected return on plan assets			(288)						(302)						(271)
Amortization of unrecognized actuarial gain			(90)						(12)						(40)
Net periodic pension cost			$	867					$	1,326					$	1,344

Summary of net unfunded status of pension plans

The net unfunded status of the Non-U.S. pension plans as of December 31, 2022 and 2021, is as follows:

			December 31,
(In thousands)			2022						2021
Fair value of plan assets			$	15,415					$	17,394
Projected benefit obligation			(17,715)						(24,855)
Net unfunded benefit obligation			$	(2,300)					$	(7,461)

Schedule of change in the fair value of plan assets

The change in the fair value of plan assets is as follows:

			Years Ended December 31,
			2022						2021
(In thousands)
Fair value of plan assets at January 1			$	17,394					$	17,290
Employee contributions			437						499
Actual return on plan assets			(288)						46
Benefits (paid), net of transfers			(2,361)						(492)
Employer contributions			911						1,049
Foreign exchange adjustment			(678)						(998)
Fair value of plan assets at December 31			$	15,415					$	17,394

Schedule of change in benefit obligations

The change in benefit obligations is as follows:

			Years Ended December 31,
			2022						2021
(In thousands)
Benefit obligations at January 1			$	24,855					$	27,431
Gross service cost			1,107						1,587
Interest cost			138						53
Employee contributions			437						499
Actuarial (gains)/losses			(4,676)						(2,185)
Benefits (paid), net of transfers			(2,361)						(432)
Curtailments & settlements			(799)						(492)
Foreign exchange adjustment			(986)						(1,606)
Benefit obligations at December 31			$	17,715					$	24,855

Summary of weighted average assumptions

The following weighted-average assumptions between all plans were utilized in the pension calculations:

			December 31,
			2022												2021
			(%)
Discount rates			2.15			-			3.50						0.20			-			0.90
Inflation			1.25			-			2.20						0.90			-			1.90
Expected return on plan assets			2.00			-			2.50						1.25			-			2.00
Rate of salary increases			2.25			-			3.20						1.90			-			2.80

Schedule of projected future pension benefits

Projected future pension benefits as of December 31, 2022 (in thousands):

2023			$	662
2024			$	426
2025			$	643
2026			$	1,204
2027			$	474
Beyond			$	5,628

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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 the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements.

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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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Tabular disclosure of net funded status of pension plans and/or other employee benefit plans.

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