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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Retirement Benefits [Abstract]    
Schedule of Changes in Accumulated Postemployment Benefit Obligations [Table Text Block]
The following table provides the change in benefit obligation, change in plan assets, funded status, and amounts recognized in the Consolidated Balance Sheet of the defined benefit pension plans as of December 31, 2023 and 2022 (amounts in thousands):
Change in benefit obligation:20232022
Benefit obligation at beginning of year$79,379 $106,587 
Plan amendments1,391 — 
Service cost606 590 
Interest cost4,331 2,872 
Disposition of Australia benefit obligation— (853)
Actuarial gain(632)(19,991)
Benefits paid(7,588)(8,866)
Foreign currency translation(279)(960)
Benefit obligation at end of year$77,208 $79,379 
Change in plan assets:  
Fair value of plan assets at beginning of year$75,025 $97,007 
Actual return on plan assets14,558 (14,179)
Employer contributions442 436 
Benefits paid(7,294)(8,228)
Foreign currency translation38 (11)
Fair value of plan assets at end of year$82,769 $75,025 
Funded (unfunded) status at end of year$5,561 $(4,354)
Amounts recognized in Consolidated Balance Sheet:  
Noncurrent assets$19,566 $11,241 
Current liabilities(1,210)(1,718)
Noncurrent liabilities(12,795)(13,877)
Net amount recognized in the Consolidated Balance Sheet$5,561 $(4,354)
 
Schedule of Accumulated and Projected Benefit Obligations
Information for pension plans with accumulated benefit obligations and projected benefit obligations in excess of plan assets were (amounts in thousands):
 20232022
Pension Plans in which Accumulated Benefit Obligation Exceeds Plan Assets at December 31,
  Accumulated benefit obligation$44,976 $45,225 
  Fair value of plan assets$31,903 $30,558 
Accumulated Benefit Obligation at December 31$76,746 $78,853 
Pension Plans in which Projected Benefit Obligation Exceeds Plan Assets at December 31,
  Projected benefit obligation$45,439 $45,751 
  Fair value of plan assets$31,903 $30,558 
Projected Benefit Obligation at December 31$77,208 $79,379 
 
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
Amounts recognized in accumulated other comprehensive loss: 
 20232022
Unrecognized prior service cost$634 $643 
Unrecognized net loss(11,480)(21,091)
Deferred tax effect of unrecognized items8,518 11,181 
Net amount recognized in accumulated other comprehensive loss$(2,328)$(9,267)
 
Defined Benefit Plan, Assumptions [Table Text Block]
The weighted-average assumptions used in the actuarial computation that derived the benefit obligations at December 31 were as follows:20232022
Discount rate5.2 %5.8 %
Expected long-term return on plan assets6.5 %6.5 %
The weighted-average assumptions used in the actuarial computation that derived net periodic pension cost for the years ended December 31, 2023, 2022, and 2021 were as follows:
 202320222021
Discount rate5.8 %2.7 %1.4 %
 
Schedule of Net Benefit Costs [Table Text Block]
The following table provides the components of net periodic pension cost for the plans, settlement cost, and the assumptions used in the measurement of the Company’s benefit obligation for the years ended December 31, 2023, 2022, and 2021 (amounts in thousands):
Components of net periodic benefit cost and other
amounts recognized in other comprehensive income (loss)
   
Net periodic benefit cost:202320222021
Service cost$606 $590 $655 
Interest cost4,331 2,872 2,880 
Assumed return on assets(4,669)(6,071)(6,024)
Amortization of unrecognized prior service cost(114)(85)(95)
Amortization of net unrecognized loss1,004 1,426 2,805 
Net periodic pension cost (benefit)$1,158 $(1,268)$221 
 
Schedule of Allocation of Plan Assets [Table Text Block]
The allocation of the fair value of plan assets was as follows:
 Percentage of Plan Assets
at December 31,
Target
Allocation
Asset Category202320222023
U.S. equities (a)57 %62 %
40% - 80%
Fixed income21 %23 %
20% - 50%
Cash and cash equivalents10 %%
0% - 20%
International equities (a)12 %%
0% - 16%
 100 %100 % 

(a) Total equities may not exceed 80% of total plan assets.
The fair value of the plan assets by asset categories consisted of the following as of the dates set forth below (amounts in thousands):
 Fair Value Measurements as of December 31, 2023
 TotalLevel 1Level 2Level 3
Money market funds$8,186 $8,186 $— $— 
Common stock27,658 27,658 — — 
Bonds and securities10,302 10,302 — — 
Mutual and insurance funds36,623 35,828 795 — 
Totals$82,769 $81,974 $795 $— 
 Fair Value Measurements as of December 31, 2022
 TotalLevel 1Level 2Level 3
Money market funds$5,377 $5,377 $— $— 
Common stock29,759 29,759 — — 
Bonds and securities4,891 4,891 — — 
Mutual and insurance funds34,998 34,084 914 — 
Totals$75,025 $74,111 $914 $— 
 Fair Value Measurements as of December 31, 2022
 TotalLevel 1Level 2Level 3
Money market funds$5,377 $5,377 $— $— 
Common stock29,759 29,759 — — 
Bonds and securities4,891 4,891 — — 
Mutual and insurance funds34,998 34,084 914 — 
Totals$75,025 $74,111 $914 $— 
Schedule of Expected Benefit Payments [Table Text Block]
Projected benefit payments from the plans as of December 31, 2023, are estimated as follows (amounts in thousands):
2024$8,235 
20257,471 
20267,273 
20276,793 
20287,006 
2029-203329,080