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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2023

Retirement Benefits [Abstract]

Change in Plan Assets and Funded Status

The changes in benefit obligation, change in plan assets and funded status as of December 31, 2023 and 2022, are as follows:

			Pension Benefits
			2023					2022
Change in benefit obligation
Benefit obligation – Beginning of year			$	12,443				$	50,938
Interest cost				599					867
Actuarial gain				(119	)				(8,985	)
Benefits paid				(1,530	)				(2,730	)
Annuity purchase				-					(27,647	)
Benefit obligation – End of year				11,393					12,443
Change in plan assets
Plan assets – Beginning of year				11,403					50,903
Return on plan assets				474					(9,123	)
Annuity purchase				-					(27,647	)
Benefits paid				(1,530	)				(2,730	)
Plan assets at fair value – End of year				10,347					11,403
Funded status of plans – End of year			$	(1,046	)			$	(1,040	)

			Pension Benefits
			2023					2022
Amounts recognized in the Consolidated Balance Sheets
Noncurrent liabilities				(1,046	)				(1,040	)
Net amount recognized at December 31			$	(1,046	)			$	(1,040	)

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

			Pension Benefits
			2023					2022
Amounts recognized in the Consolidated Balance Sheets
Noncurrent liabilities				(1,046	)				(1,040	)
Net amount recognized at December 31			$	(1,046	)			$	(1,040	)

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

Amounts recognized in accumulated other comprehensive income but not yet recognized in earnings at December 31, 2023 and 2022, are as follows:

			Pension Benefits
			2023					2022
Net actuarial loss			$	4,524				$	5,260

Components of Net Periodic Benefit Cost

Components of net periodic benefit cost (income) for the years ended December 31, 2023 and 2022, are as follows:

			Pension Benefits
			2023					2022
Components of net periodic benefit cost
Interest cost		$		599			$		867
Expected return on plan assets				(319	)				(1,650	)
Amortization of unrecognized net loss (gain)				150					228
Total net periodic benefit cost (income)		$		430			$		(555	)

Schedule of Amounts Recognized in Accumulated Other Comprehensive Loss

The increase in accumulated other comprehensive income (pre-tax) for the years ended December 31, 2023 and 2022, are as follows:

			Pension Benefits
			2023					2022
Net actuarial (gain) loss			$	(274	)			$	1,789
Amortization of:
Actuarial loss from settlement				(313	)				(8,105	)
Net actuarial loss				(150	)				(228	)
Total recognized in accumulated other comprehensive loss			$	(737	)			$	(6,544	)

Schedule of Expected Benefit Payments [Table Text Block]

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of December 31, 2023:

			Pension Benefits
2024			$	745
2025				768
2026				775
2027				765
2028				786
2029 through 2033				3,962

Defined Benefit Plan, Assumptions [Table Text Block]

The assumptions used to determine end of year benefit obligations are shown in the following table:

			Pension Benefits
			2023			2022
Discount rates			5.01%			5.22%

The assumptions used in the measurement of net periodic cost are shown in the following table:

			Pension Benefits
			2023			2022
Discount rate for benefit obligations			5.01%			5.22%
Expected return on plan assets			3.00%			3.00%
Rate for interest on benefit obligations			4.91%			5.10%
Discount rate for service cost			N/A			N/A

Schedule of Allocation of Plan Assets [Table Text Block]

The Company’s pension plan’s weighted average asset allocations at December 31, 2023 and 2022, and target allocations for 2024, by asset category, are as follows:

			Plan Assets at December 31,								Target Allocation
			2023				2022				2024
Asset Category
Cash and cash equivalents				0	%			1	%		0% - 5%
Equity securities				0	%			0	%		0%
Fixed income securities				100	%			99	%		95%-100%
Real estate				0	%			0	%		0%
				100	%			100	%		100%

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

The following table presents the fair value of pension plan assets classified under the appropriate level of the ASC 820, Fair Value Measurement, fair value hierarchy (see Note 2 - Summary of Significant Accounting Policies for a description of the fair value hierarchy) as of December 31, 2023 and 2022:

Pension Plan Assets			As of December 31, 2023
			Level 1					Level 2					Level 3					Total
Mutual funds:
Fixed income funds			$	10,346				$	-				$	-				$	10,346
Cash and equivalents				-					-					-					-
Total			$	10,346				$	-				$	-				$	10,346

Pension Plan Assets			As of December 31, 2022
			Level 1					Level 2					Level 3					Total
Mutual funds:
Fixed income funds			$	11,268				$	-				$	-				$	11,268
Cash and equivalents				135					-					-					135
Total			$	11,403				$	-				$	-				$	11,403

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