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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Accumulated Balances of Other Comprehensive Income (Loss)

The accumulated balances for each component of other comprehensive income (loss) are as follows:

(in US$ thousands)

 

Foreign
currency items

 

 

Unrealized
gain (loss) on
securities

 

 

Pension and
post retirement
benefit plans

 

 

Accumulated
other
comprehensive
loss

 

Balance as of January 1, 2021

 

$

(21,956

)

 

$

(351

)

 

$

(94

)

 

$

(22,401

)

Foreign currency translation adjustment

 

 

203

 

 

 

 

 

 

 

 

 

203

 

Pension and post retirement benefit adjustment

 

 

 

 

 

 

 

 

14

 

 

 

14

 

Unrealized holding loss arising during period

 

 

 

 

 

(124

)

 

 

 

 

 

(124

)

Reclassification adjustment for loss included in net income

 

 

 

 

 

97

 

 

 

 

 

 

97

 

Other

 

 

 

 

 

(10

)

 

 

 

 

 

(10

)

Balance as of December 31, 2021

 

 

(21,753

)

 

 

(388

)

 

 

(80

)

 

 

(22,221

)

Foreign currency translation adjustment

 

 

(190

)

 

 

 

 

 

 

 

 

(190

)

Pension and post retirement benefit adjustment

 

 

 

 

 

 

 

 

76

 

 

 

76

 

Unrealized holding loss arising during period

 

 

 

 

 

620

 

 

 

 

 

 

620

 

Balance as of December 31, 2022

 

 

(21,943

)

 

 

232

 

 

 

(4

)

 

 

(21,715

)

Foreign currency translation adjustment

 

 

(144

)

 

 

15

 

 

 

 

 

 

(129

)

Pension and post retirement benefit adjustment

 

 

 

 

 

 

 

 

(11

)

 

 

(11

)

Unrealized holding loss arising during period

 

 

 

 

 

(1,453

)

 

 

 

 

 

(1,453

)

Reclassification adjustments for loss included in net income

 

 

 

 

 

(76

)

 

 

 

 

 

(76

)

Balance as of December 31, 2023

 

$

(22,087

)

 

$

(1,282

)

 

$

(15

)

 

$

(23,384

)