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Employee Benefit Plans | 3 Months Ended
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Mar. 31, 2024
Retirement Benefits [Abstract] |
Employee Benefit Plans | 12. EMPLOYEE BENEFIT PLANS Pension Benefit Plan We maintain a defined benefit pension plan covering employees in certain foreign countries. The Company's net non-current pension liability for all defined benefit pension plans totaled $11.7 million and $12.5 million as of March 31, 2024 and December 31, 2023, respectively and the net current pension liability for all defined benefit pension plans totaled $0.1 million as of March 31, 2024 and December 31, 2023, which is included in accounts payable on the Condensed Consolidated Balance Sheets. The Company's defined benefit pension liability represents the projected benefit obligation, which is the actuarial present value of the vested benefits to which the employee is currently entitled based on the employee's expected date of retirement. The following table summarizes the components of net periodic pension cost related to the Company's defined benefit pension plans:
|  | Three Months Ended |
|  | March 31, |
(In thousands) |  | 2024 |  |  | 2023 |
Service cost |  | $ | 340 |  |  | $ | 398 |
Interest cost |  |  | 285 |  |  |  | (32 | )
Expected return on plan assets |  |  | (360 | ) |  |  | 58 |
Amortization of actuarial losses |  |  | 2 |  |  |  | 6 |
Net periodic pension cost |  | $ | 267 |  |  | $ | 430 |
The components of net periodic pension cost, other than the service cost component, are included in other income, net in the Condensed Consolidated Statements of Loss. Service cost is included in cost of revenue, selling, general and administrative expenses and research and development expenses in the Condensed Consolidated Statements of Loss. The Company made contributions to the defined benefit pension plans totaling $1.2 million and $1.0 million during the three months ended March 31, 2024 and 2023, respectively. Contributions to the defined benefit pension plans for the remainder of 2024 will be limited to benefit payments to retirees which are paid out of the operating cash flows of the Company and are expected to be approximately $3.5 million.

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