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EMPLOYEE BENEFIT PLANS (Tables) | 12 Months Ended
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Dec. 31, 2021
Retirement Benefits [Abstract] |
Benefit Plan's projected benefit obligation and valuation of plan assets | The Benefit Plan’s projected benefit obligation and valuation of plan assets were as follows for the years ended December 31 (in thousands):
Projected benefit obligation: | 2021 |  | 2020
Balance, beginning of year | $ | 370 |  |  | $ | 319 |
Service cost | 49 |  |  | 47 |
Interest cost | 1 |  |  | 1 |
Liability (gain) loss | (4) |  |  | 6 |
Benefits paid to participants | (171) |  |  | (30) |
Special termination benefit | — |  |  | 8 |
Foreign currency | (32) |  |  | 19 |
Balance, end of year | $ | 213 |  |  | $ | 370 |
Plan assets: | 2021 |  | 2020
Fair value, beginning of year | $ | — |  |  | $ | — |
Company contributions | 171 |  |  | 30 |
Benefits paid to participants | (171) |  |  | (30) |
Fair value, end of year | $ | — |  |  | $ | — |
Funded status of the Benefit Plan as of December 31 (in thousands): | 2021 |  | 2020
Benefit obligation | $ | (213) |  |  | $ | (370) |
Fair value of plan assets | — |  |  | — |
Excess of benefit obligation over fair value of plan assets | $ | (213) |  |  | $ | (370) |
Amounts recognized in the accompanying Consolidated Balance Sheets consist of, as of December 31 (in thousands): | 2021 |  | 2020
Accrued benefit liability | $ | (213) |  |  | $ | (370) |
Transition obligation and unrealized gain | (137) |  |  | (194) |
Net amount recognized in the consolidated balance sheets | $ | (350) |  |  | $ | (564) |
| Years Ended December 31,
Other changes recognized in comprehensive income (in thousands): | 2021 |  | 2020
Net periodic cost | $ | 7 |  |  | $ | 10 |
Current year actuarial (gain) loss | (4) |  |  | 6 |
Amortization of transition obligation | (4) |  |  | (4) |
Total recognized in other comprehensive income (loss) | (8) |  |  | 2 |
Total recognized in comprehensive income | $ | (1) |  |  | $ | 12 |
| As of December 31,
Amounts not yet reflected in net periodic benefit cost and included in accumulated other comprehensive gain (in thousands): | 2021 |  | 2020
Transition obligation | $ | 49 |  |  | $ | 62 |
Prior service cost | 84 |  |  | 139 |
Net actuarial gain (loss) | 4 |  |  | (7) |
Total recognized in accumulated other comprehensive gain | $ | 137 |  |  | $ | 194 |
Estimated amounts of amortized transition obligation (in thousands): | 2021 | 2020
Transition obligation | $ | (4) |  | $ | (4) |
| As of December 31,
Aggregate Benefit Plan information and accumulated benefit obligation in excess of plan assets (in thousands): | 2021 |  | 2020
Projected benefit obligation | $ | 213 |  |  | $ | 370 |
Accumulated benefit obligation | 213 |  |  | 370 |
Fair value of plan assets | — |  |  | — |
Weighted-average assumptions to determine the benefit obligation and net cost | The weighted-average assumptions to determine the benefit obligation and net cost are as follows:
| 2021 |  | 2020
Discount rate | 0.20 | % |  | 0.20 | %
Rate of increase in compensation levels | — |  |  | — |
Pension expense for Benefit Plan included in selling, general and administrative expenses | Service Cost for the Benefit Plan is included within selling and administrative expenses and all other items noted in the table below (Interest Cost, Amortization of Transition Obligation, and Prior Service Cost) are included within other (expense) income, net. Pension costs, which are included within Consolidated Statement of Operations are detailed below for the years ended December 31 (in thousands):
| 2021 |  | 2020
Service cost | $ | 49 |  |  | $ | 47 |
Interest cost | 1 |  |  | 1 |
Amortization of transition obligation | 4 |  |  | 4 |
Gain (loss) | (4) |  |  | (6) |
Special termination | — |  |  | 8 |
Prior service cost | (43) |  |  | (44) |
Total pension expense | $ | 7 |  |  | $ | 10 |
Benefits expected to be paid by the Benefit Plan | As of December 31, 2021, benefits expected to be paid by the Benefit Plan for the next ten years is approximately as follows (in thousands):
2022 | $ | 25 |
2023 | 19 |
2024 | 14 |
2025 | 31 |
2026 | 34 |
Next five years | 296 |
Total expected benefits to be paid | $ | 419 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e2439-114920 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e2410-114920 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e2417-114920 + 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 -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
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