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Employee Benefits (Tables) | 12 Months Ended
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Dec. 31, 2024
Retirement Benefits [Abstract] |
Schedule of Reconciliation of Changes in Projected Benefit Obligation | The following table provides a reconciliation of the changes in the projected benefit obligation for the years ended December 31, 2024 and 2023:
(in thousands) |  | 2024 |  | 2023
Reconciliation of benefit obligation: |  |  |  |
Obligation as of January 1 |  | $ | 6,027 |  |  | $ | 5,215 |
Service cost |  | 59 |  |  | 59 |
Interest cost |  | 210 |  |  | 220 |
Actuarial loss |  | 145 |  |  | 541 |
Benefit payments |  | (187) |  |  | (173) |
Effect of foreign currency exchange rate changes |  | (358) |  |  | 165 |
Benefit obligation as of December 31 |  | 5,896 |  |  | 6,027 |
Fair value of assets as of December 31 |  | 2,220 |  |  | 3,691 |
Funded status as of December 31 |  | $ | (3,676) |  |  | $ | (2,336) |
Schedule of Amounts Recognized in Consolidated Balance Sheets | We recognized the following amounts in the consolidated balance sheets at December 31, 2024 and 2023:
(in thousands) |  | 2024 |  | 2023
Other assets |  | $ | 2,220 |  |  | $ | 3,691 |
Accrued and other liabilities |  | (180) |  |  | (175) |
Other liabilities |  | (5,716) |  |  | (5,852) |
Net liability |  | $ | (3,676) |  |  | $ | (2,336) |
Schedule of Accumulated and Projected Benefit Obligations | Following are the projected benefit obligation and accumulated benefit obligation at December 31, 2024 and 2023:
(in thousands) |  | 2024 |  | 2023
Projected benefit obligation |  | $ | 5,896 |  |  | $ | 6,027 |
Accumulated benefit obligation |  | $ | 5,672 |  |  | $ | 5,776 |
The following table shows the components of net periodic benefit costs and the amounts recognized in accumulated other comprehensive income (loss) for the years ended December 31, 2024, 2023 and 2022:
(in thousands) |  | 2024 |  | 2023 |  | 2022
Net periodic benefit cost: |  |  |  |  |  |
Service cost |  | $ | 59 |  |  | $ | 59 |  |  | $ | 103 |
Interest cost |  | 210 |  |  | 220 |  |  | 99 |
Amortization of actuarial (gain) loss |  | — |  |  | (46) |  |  | 45 |
Total net periodic pension cost |  | 269 |  |  | 233 |  |  | 247 |
Other changes in benefit obligations recognized in other comprehensive income (loss): |  |  |  |  |  |
Net loss (gain) |  | 145 |  |  | 541 |  |  | (3,387) |
Amortization of prior years' unrecognized gain (loss) |  | — |  |  | 46 |  |  | (45) |
Total recognized as other comprehensive income (loss), excluding tax |  | 145 |  |  | 587 |  |  | (3,432) |
Total expense (gain) recognized in net periodic benefit cost and other comprehensive (loss) income |  | $ | 414 |  |  | $ | 820 |  |  | $ | (3,185) |
Schedule of Assumptions Used to Determine Benefit Obligations | The following assumptions are used to determine the benefit obligations as of December 31, 2024 and 2023:
|  | 2024 |  | 2023
Discount rate |  | 3.6% |  | 3.6%
Rate of compensation increase |  | 3.0% |  | 3.0%
Schedule of Estimated Future Benefit Payments | The following benefit payments, including expected future service cost, are expected to be paid:
(in thousands) |
Estimated future benefit payments for the years ending December 31: |
2025 | $ | 186 |
2026 | 214 |
2027 | 238 |
2028 | 265 |
2029 | 297 |
2030 through 2034 | 1,715 |

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- Definition Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 715 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (k) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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- Definition Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (a) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (f) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
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