Post Retirement Benefits (Tables)

12 Months Ended

Dec. 31, 2023

Retirement Benefits [Abstract]

Schedule of Multiemployer Plan

Pension Fund	EIN/Pension Plan Number	Pension Protection Act Zone Status		FIP/RP Status Pending/ Implemented	Contributions of the Company				Surcharge Imposed	Expiration Date of Collective Bargaining Agreement
		2023	2022		2023		2022
IAM National Pension Fund / National Pension Plan (A)	51-6031295 - 002	Red Zone as of 12/31/22	Red Zone as of 12/31/21	Implemented	$	1,002,000	$	1,191,000	Yes	8/7/2025
			Total Contributions:		$	1,002,000	$	1,191,000

(A)The plan re-certified its zone status after using the amortization provisions of the Code. The Company's contributions to the plan did not represent more than 5% of total contributions to the plan as indicated in the plan's most recently available annual report for the plan year ended December 31, 2022. Under the terms of the collective-bargaining agreement, the Company is required to make contributions to the plan for each hour worked up to a maximum of 40 hours per person, per week at $1.55 per hour from August 10, 2019 through August 9, 2025. The Company is paying a surcharge of $0.16 for each hour worked up to a maximum of 40 hours per person, per week as a result of the pension plan being in the Red Zone.

Schedule of Benefit Obligation

The funded status of the Company's post retirement health and life insurance benefits plan as of December 31, 2023 and 2022 and reconciliation with the amounts recognized in the Consolidated Balance Sheets are provided below (in thousands):

	Post Retirement Benefits
	2023			2022
Change in benefit obligation:
Benefit obligation at January 1	$	6,625		$	9,080
Interest cost	254			198
Unrecognized gain	(3,004)			(2,136)
Benefits paid, net	(759)			(517)
Benefit obligation at December 31	$	3,116		$	6,625
Plan Assets	—			—
Amounts recorded in accumulated other comprehensive income:
Prior service credit	$	(3,648)		$	(4,122)
Net loss (gain)	(2,056)			948
Total	$	(5,704)		$	(3,174)
Weighted-average assumptions as of December 31:
Discount rate used to determine benefit obligation and net periodic benefit cost	4.7		%	4.9		%

Schedule of Post Retirement Benefit Plans

The components of expense for all of the Company's post retirement benefit plans for the years ended December 31 (in thousands):

	2023		2022		2021
Pension expense:
Multi-employer plan	$	981	$	1,137	$	857
Defined contribution plans	1,873		1,482		1,231
Total pension expense	2,854		2,619		2,088
Health and life insurance:
Interest cost	254		198		161
Amortization of prior service credits	(496)		(496)		(496)
Amortization of net loss	22		174		173
Net periodic benefit credit	(220)		(124)		(162)
Total post retirement benefits expense	$	2,634	$	2,495	$	1,926

Schedule of Future Benefit Payments

The estimated future benefit payments of the health care plan for the next ten years are as follows (in thousands):

	Postretirement Health Care Benefits Plan
2024	$	156
2025	152
2026	159
2027	144
2028	149
2029 - 2033	745