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Defined Benefit Pension Plans (Tables)
6 Months Ended
Jun. 30, 2023
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans Disclosures

Net periodic cost (benefit) related to all of the Company's defined benefit pension plans recognized in the Company's unaudited Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2023 and 2022 included the following components:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(in thousands)

 

June 30,
2023

 

 

June 30,
2022

 

 

June 30,
2023

 

 

June 30,
2022

 

Service cost

 

$

356

 

 

$

339

 

 

$

713

 

 

$

684

 

Interest cost

 

 

5,983

 

 

 

3,379

 

 

 

11,922

 

 

 

6,773

 

Expected return on assets

 

 

(6,796

)

 

 

(6,388

)

 

 

(13,568

)

 

 

(12,807

)

Amortization of actuarial loss

 

 

3,005

 

 

 

2,500

 

 

 

5,983

 

 

 

5,027

 

Net periodic cost (benefit)

 

$

2,548

 

 

$

(170

)

 

$

5,050

 

 

$

(323

)