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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2024

Retirement Benefits [Abstract]

Schedule of Pension Benefit Plan Obligations and Funded Status

The pension benefit plan obligations and funded status as of December 31, 2024 and 2023, were as follows:

(In thousands)		2024				2023
Change in projected benefit obligation:
Projected benefit obligation at beginning of period		$	67,897			$	59,344
Service cost			1,664				1,579
Interest cost			1,902				1,851
Actuarial (gain) loss - experience			(238	)			1,181
Actuarial loss - assumptions			860				1,791
Benefit payments			(4,108	)			(1,966	)
Plan amendments			(874	)			966
Participant contributions			429				—
Effects of foreign currency exchange rate changes			(4,273	)			3,151
Projected benefit obligation at end of period			63,259				67,897
Change in plan assets:
Fair value of plan assets at beginning of period			55,218				48,720
Actual gain on plan assets			3,966				3,125
Contributions			1,288				1,215
Benefit payments			(2,244	)			(231	)
Effects of foreign currency exchange rate changes			(3,738	)			2,389
Fair value of plan assets at end of period			54,490				55,218
Unfunded status at end of period		$	(8,769	)		$	(12,679	)

Summary of Net Amounts Recognized in Consolidated Balance Sheets for the Unfunded Pension Liability

The net amounts recognized in the Consolidated Balance Sheets for the unfunded pension liability as of December 31, 2024 and 2023 were as follows:

(In thousands)		Balance Sheet Location		2024				2023
Non-current pension asset		Other non-current assets		$	517			$	—
Current pension liability		Accrued wages and benefits			(303	)			(136	)
Non-current pension liability		Non-current pension liability			(8,983	)			(12,543	)
Total				$	(8,769	)		$	(12,679	)

Components of Net Periodic Pension Cost and Amounts Recognized Other Comprehensive (Loss) Income

The components of net periodic pension cost, other than the service cost component, are included in other income, net in the Consolidated Statements of Loss. The components of net periodic pension cost and amounts recognized in other comprehensive (loss) income for the years ended December 31, 2024, 2023 and 2022 were as follows:

(In thousands)		2024				2023				2022
Net periodic benefit cost:
Service cost		$	1,664			$	1,579			$	1,426
Interest cost			1,902				1,851				1,168
Expected return on plan assets			(2,529	)			(1,750	)			(2,129	)
Amortization of actuarial losses			28				26				355
Net periodic benefit cost			1,065				1,706				820
Other changes in plan assets and benefit obligations    recognized in other comprehensive income (loss):
Net actuarial (gain) loss			(1,640	)			2,304				(6,549	)
Amortization of actuarial gains (losses)			233				(145	)			(113	)
Amount recognized in other comprehensive (income) loss			(1,407	)			2,159				(6,662	)
Total recognized in net periodic benefit cost and other    comprehensive (income) loss		$	(342	)		$	3,865			$	(5,842	)

Accumulated Other Comprehensive (Loss) Income

The amounts recognized in accumulated other comprehensive loss as of December 31, 2024 and 2023 were as follows:

(In thousands)		2024				2023
Net actuarial loss		$	(1,824	)		$	(3,231	)

Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost

The weighted-average assumptions that were used to determine the net periodic benefit cost for the years ended December 31, 2024, 2023 and 2022 were as follows:

		2024				2023				2022
Discount rate			2.84	%			3.17	%			3.24	%
Rate of compensation increase			1.54	%			2.22	%			2.17	%
Expected long-term rates of return			4.85	%			4.83	%			4.65	%

Weighted-Average Assumptions Used to Determine Benefit Obligation

The weighted-average assumptions that were used to determine the benefit obligation as of December 31, 2024 and 2023:

		2024				2023
Discount rate			2.73	%			2.84	%
Rate of compensation increase			1.54	%			2.22	%

Schedule of Pension Benefit Payments Expected Future Service

The following pension benefit payments, which reflect expected future service, as appropriate, are expected to be paid to participants:

(In thousands)
2025		$	3,032
2026			3,214
2027			3,906
2028			3,346
2029			4,352
2030 - 2034			18,834
Total		$	36,684

Schedule of Cash Equivalents and Investments Held at Fair Value

We have categorized our cash equivalents and our investments held at fair value into this hierarchy as follows:

		Fair Value Measurements at December 31, 2024 Using
(In thousands)		Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Cash and cash equivalents		$	753			$	753			$	—			$	—
Available-for-sale securities
Bond funds			18,058				16,867				1,191				—
Equity funds			21,376				21,183				193				—
Other funds			7,406				6,089				1,317				—
Real estate funds			6,897				1,737				2,106				3,054
Available-for-sale securities			53,737				45,876				4,807				3,054
Total		$	54,490			$	46,629			$	4,807			$	3,054

		Fair Value Measurements at December 31, 2023 Using
(In thousands)		Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Cash and cash equivalents		$	987			$	987			$	—			$	—
Available-for-sale securities
Bond funds			20,155				18,840				1,315				-
Equity funds			21,525				21,288				237				—
Other funds			6,054				5,343				711				—
Insurance contracts			353				—				353				—
Real estate funds			6,144				546				2,326				3,272
Available-for-sale securities			54,231				46,017				4,942				3,272
Total		$	55,218			$	47,004			$	4,942			$	3,272

Fair Value of Assets Held by Trust and Amounts Payable to Plan Participants

The fair value of the assets held by the Trust and the amounts payable to the plan participants as of December 31, 2024 and 2023 were as follows:

(In thousands)		2024				2023
Fair Value of Plan Assets
Long-term investments		$	30,991			$	26,838
Total Fair Value of Plan Assets		$	30,991			$	26,838
Amounts Payable to Plan Participants
Deferred compensation liability		$	33,203			$	29,039
Total Amounts Payable to Plan Participants		$	33,203			$	29,039

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