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Employee Benefit Plans (Tables) | 12 Months Ended
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Dec. 31, 2024
Retirement Benefits [Abstract] |
Schedule of Information for Pension Plans | The following table summarizes information for the pension plans:
| As of December 31,
| 2024 |  | 2023
| (In thousands)
Change in benefit obligation: |  |  |
Benefit obligation at beginning of year | $ | 3,927 |  |  | $ | 3,502 |
Service cost | 309 |  |  | 264 |
Interest cost | 123 |  |  | 146 |
Actuarial (gain) loss | (138) |  |  | 13 |
Benefits paid | (8) |  |  | (41) |
Taxes, insurance premiums and administrative expenses | (52) |  |  | (61) |
Impact of foreign currency translation | (222) |  |  | 104 |
Benefit obligation at end of year | $ | 3,939 |  |  | $ | 3,927 |
Change in plan assets: |  |  |
Fair value of plan assets at beginning of year | $ | 3,607 |  |  | $ | 3,181 |
Return on plan assets | 64 |  |  | 41 |
Actuarial loss | (6) |  |  | — |
Employer contribution | 349 |  |  | 393 |
Benefits paid | (8) |  |  | (41) |
Taxes, insurance premiums and administrative expenses | (52) |  |  | (61) |
Impact of foreign currency translation | (205) |  |  | 94 |
Fair value of plan assets at end of year | 3,749 |  |  | 3,607 |
Funded status, net liability | $ | 190 |  |  | $ | 320 |
Schedule of Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets | The following table summarizes information for the Company’s pension plans with an accumulated benefit obligation in excess of plan assets:
| As of December 31,
| 2024 |  | 2023
| (In thousands)
Projected benefit obligation | $ | 3,939 |  |  | $ | 3,927 |
Accumulated benefit obligation | 3,737 |  |  | 3,623 |
Fair value of plan assets | 3,749 |  |  | 3,607 |
Schedule of Pretax Amounts for Net Periodic Benefit Cost and Other Amounts forDefined Benefit Pension Plans | Pretax amounts for net periodic benefit cost and other amounts for the defined benefit pension plans consisted of the following components:
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
| (In thousands)
Service cost | $ | 309 |  |  | $ | 264 |  |  | $ | 268 |
Interest cost | 123 |  |  | 146 |  |  | 35 |
Return on plan assets | (64) |  |  | (41) |  |  | (26) |
Amortization of actuarial gain | (22) |  |  | (27) |  |  | — |
Net periodic pension cost | 346 |  |  | 342 |  |  | 277 |
Changes in plan assets and benefit obligations included in other comprehensive loss: |  |  |  |  |
Unrecognized net actuarial gain beginning of year | (783) |  |  | (705) |  |  | (227) |
Actuarial gain recognized during year | 22 |  |  | 27 |  |  | — |
Actuarial (gain) loss on benefit obligation | (138) |  |  | 13 |  |  | (418) |
Actuarial loss (gain) on fair value of plan assets | 6 |  |  | — |  |  | (72) |
Impact of foreign currency translation | 44 |  |  | (118) |  |  | 12 |
Total included in other comprehensive loss (before tax effect) | (849) |  |  | (783) |  |  | (705) |
Total recognized in net periodic benefit cost and included in other comprehensive loss | $ | (503) |  |  | $ | (441) |  |  | $ | (428) |
Schedule of Significant Assumptions used in Determining Benefit Obligations and Net Periodic Benefit Cost | Significant assumptions used in determining benefit obligations and net periodic benefit cost are as follows:
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
Defined benefit obligations: |  |  |  |  |
Discount rate | 3.70 | % |  | 3.25 | % |  | 3.80 | %
Rate of salary increase | 1.00 | % |  | 2.70 | % |  | 4.67 | %
Inflation | 2.00 | % |  | 1.80 | % |  | 2.30 | %
Defined benefit cost: |  |  |  |  |
Discount rate | 3.70 | % |  | 3.25 | % |  | 3.80 | %
Rate of salary increase | 1.00 | % |  | 2.70 | % |  | 4.67 | %
Rate of return on plan assets | 1.70 | % |  | 1.80 | % |  | 1.20 | %
Inflation | 2.00 | % |  | 1.80 | % |  | 2.30 | %

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- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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