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Employee Benefit Plans
9 Months Ended
Sep. 30, 2021
Retirement Benefits [Abstract]  
Employee Benefit Plans Employee Benefit Plans
Provisions for pensions are established to cover benefit plans for retirement, disability and surviving dependents’ pensions. The benefit obligations vary depending on the legal, tax and economic circumstances in various countries in which the Company operates. Generally, level of benefit depends on the length of service and the remuneration.
Net periodic defined benefit pension benefit costs include the following:
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
(In thousands)
Service cost$304 $287 $937 $856 
Interest cost256 297 776 875 
Amortization of actuarial loss1,197 2,273 3,649 7,325 
Net periodic pension cost$1,757 $2,857 $5,362 $9,056 
Service costs were recorded within Income from operations in Selling, general and administrative expenses, and interest cost in Interest and other financial expense, net.
The amortization of actuarial losses, associated with the pension obligations recorded in prior years, in accumulated other comprehensive income exceeding 10% of the defined benefit obligation are recorded ratably in the Condensed Consolidated Statements of Operations.