PENSIONS AND OTHER EMPLOYEE BENEFITS (Tables)

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Reconciliation of Projected Benefit Obligation, Plan Assets and the Funded Status of Company's Defined Benefit Plan

Below is a reconciliation of projected benefit obligation, plan assets and the funded status of the Company’s defined benefit plan (in thousands):

	Year Ended December 31,
	2022		2021
Change in projected benefit obligation:
Projected benefit obligation, beginning of year	$	9,051	$	9,179
Service cost	117		174
Interest cost	168		225
Actuarial (gain) loss	(1,340)		(45)
Settlement	(7,663)		—
Benefits paid	(333)		(482)
Projected benefit obligation, end of year	$	—	$	9,051
Change in fair value of plan assets:
Fair value of plan assets, beginning of year	$	5,762	$	5,529
Return on plan assets	(643)		485
Employer contributions	2,877		230
Settlement	(7,663)		—
Benefits paid	(333)		(482)
Fair value of plan assets, end of year	$	—	$	5,762
Funded status, end of year-net liability	$	—	$	(3,289)

Schedule of Components of Net Periodic Benefit Cost

Components of the net periodic benefit cost of the Company’s defined benefit pension plan were as follows (in thousands): 

	Year Ended December 31,
	2022		2021		2020
Net periodic benefit cost:
Service cost	$	117	$	174	$	176
Interest cost	168		225		521
Expected return on plan assets	(216)		(309)		(793)
Amortization of unrecognized net actuarial loss	91		189		300
Settlement	1,501		—		2,075
Total net periodic benefit cost	$	1,661	$	279	$	2,279

Schedule of Amounts Recognized in Balance Sheet

Amounts recognized in the consolidated balance sheet were as follows (in thousands):

	December 31,
	2022		2021
Amounts recognized:
Funded status recognized in other non-current liabilities	$	—	$	(3,289)
Net actuarial loss recognized in accumulated other comprehensive loss	—		2,073
Net amount recognized in retained deficit	$	—	$	(1,216)

Schedule of Assumptions Used to Calculate Benefit Obligation and Net Periodic Benefit Cost

The weighted-average assumptions used to determine the benefit obligation and net periodic benefit cost were as follows: 

	Year Ended December 31,
	2022		2021		2020
Benefit obligation assumptions:
Discount rate	N/A		2.84	%	2.50	%
Rate of compensation increase	N/A		N/A		N/A
Net periodic benefit cost assumptions:
Discount rate	2.84	%	2.50	%	3.28	%
Expected rate of return on plan assets	5.75	%	5.75	%	6.50	%
Rate of compensation increase	N/A		N/A		N/A

Schedule of Plan Asset Allocations

The defined benefit pension plan asset allocations as of the measurement date presented as a percentage of total plan assets were as follows:  

	December 31,
	2022	2021
Equity securities	N/A	55	%
Debt securities	N/A	45
Total	N/A	100	%

Schedule of Fair Value of Plan Assets

The fair values of the Company’s pension plan assets by asset category were as follows (in thousands): 

	December 31, 2021
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
United States equity securities	$	2,542	$	—	$	2,542	$	—
International equity securities	631		—		631		—
Fixed income securities	1,693		—		1,693		—
Other	896		—		896		—
Total	$	5,762	$	—	$	5,762	$	—