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EMPLOYEE BENEFIT PLANS
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
We have a defined benefit pension plan covering certain United Kingdom employees (the “U.K. Plan”). The pension plan was frozen in 1994 and no new participants have been added since that date. Net periodic pension cost (credit) includes the following components (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(unaudited)(unaudited)(unaudited)(unaudited)
Interest cost$710 $714 $1,423 $1,386 
Expected return on plan assets(823)(870)(1,649)(1,688)
Amortization of prior service cost8 8 16 16 
Unrecognized net actuarial loss
109 94 219 181 
Net periodic pension cost (credit)$4 $(54)$9 $(105)

Net pension cost (credit) is included in “Other income (expense), net” on our condensed consolidated statements of operations. The expected long-term rate of return on invested assets is determined based on the weighted average of expected returns on asset investment categories for the U.K. Plan as follows: 5.7% overall, 8.2% for equities and 5.6% for debt securities.