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Other (Income) Expense, net
12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
Other (Income) Expense, net Other Expense (Income), net
The following table presents the details of other expense (income), net:
 Year Ended December 31,
202320222021
 (Dollars in thousands)
Brazil value-added tax credit$— $— $(11,511)
Non-service pension and other post-employment expense (income)3,771 (9,950)(5,298)
Bank charges757 938 1,098 
Other151 (1,135)(509)
Total other expense (income), net$4,679 $(10,147)$(16,220)

In May 2021, the Brazilian Supreme Court ruled definitely to exclude the ICMS (state value-added tax) from the basis of calculation of certain federal value-added taxes, specifically the tax relative to the program of social integration ("PIS") and to the contribution for the financing of social security ("COFINS"), and confirmed the methodology for calculating the PIS-COFINS tax credit to which taxpayers are entitled. The Company's Brazilian subsidiary had previously filed a legal claim on this matter and is entitled to receive tax credits and interest dating back to five years preceding the date of the claim. The overpayments, plus interest, of PIS-COFINS related to the period from June 2005 to August 2021 represented $11.5 million, net of legal fees. In the fourth quarter of 2021, the Company's subsidiary obtained approval by the Brazilian Tax Authorities to start offsetting the PIS-COFINS credit against the current federal value-added tax payable and recorded the one-time credit as a realizable gain. As of December 31, 2023, the Company has offset the entire amount of this credit.

Non-service pension and other post-employment expense (income) includes the components of pension and post-employment costs other than service cost. Non-service pension and other post-employment expense (income) included mark-to-market losses of $3.0 million in 2023, compared to mark-to-market gains of $9.6 million and $3.8 million, respectively, in 2022 and 2021. See Note 11, "Retirement Plans and Post-Employment Benefits" for further discussion.