Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Schedule of Net Benefit Costs

The table below sets forth net periodic benefit costs of the plan for the twelve months ended December 31:

	Defined Benefit Plan
	2022			2021
Components of net periodic benefit cost:
Service cost	$	245		$	275
Interest cost		2,834			2,269
Recognized actuarial gain		2,211			2,959
Expected return on plan assets		(7,405	)		(7,266	)
Prior service cost		64			72
Net periodic benefit cost	$	(2,051	)	$	(1,691	)

Schedule of Benefit Obligation, Fair Value of Plan Assets, and Funded Status of our Plan

The table below sets forth the benefit obligation, the fair value of plan assets, and the funded status as of December 31:

	Defined Benefit Plan
	2022			2021
Change in benefit obligation:
Beginning balance	$	166,764		$	175,292
Service cost		245			275
Interest cost		2,834			2,269
Actuarial gain		(48,234	)		(4,893	)
Benefits paid		(4,710	)		(4,451	)
Settlements		(1,052	)		-
Currency changes		(17,050	)		(1,728	)
Benefit obligation at December 31	$	98,797		$	166,764
Change in plan assets:
Beginning balance - fair value	$	155,029		$	147,861
Employer contribution		2,697			3,027
Actual return on plan assets		(44,637	)		10,314
Benefits paid		(4,710	)		(4,451	)
Settlements		(1,230	)		-
Currency changes		(15,842	)		(1,722	)
Fair value of plan assets at December 31	$	91,307		$	155,029
Underfunded status at December 31	$	(7,490	)	$	(11,735	)

Schedule of Assumptions Used

The following weighted-average assumptions were used to determine net periodic benefit costs for the twelve months ended December 31:

	2022			2021
Discount rate		4.7	%		1.9	%
Expected long-term return on plan assets		6.1	%		5.3	%

The following weighted-average assumption was used to determine the benefit obligations at December 31:

	2022			2021
Discount rate		4.7	%		1.9	%

Schedule of Allocation Of Plan Assets

The table below sets forth the plan asset allocations of the assets in the plan and expected long-term return by asset category:

Asset category	Expected long-term return			Asset allocation
Growth assets		7.0	%		67	%
Hedging assets		4.1	%		30	%
Cash		3.5	%		3	%

Schedule of Expected Benefit Payments

Benefit plan payments are primarily made from funded benefit plan trusts and current assets. The table below sets forth the expected future benefit payments, including future benefit accrual, as of December 31, 2022:

2023	$	5,225
2024		4,812
2025		5,116
2026		5,130
2027		5,299
2028-2032		28,338

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets

The following table summarizes the major categories of the plan assets:

	December 31, 2021
Asset category	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	18,483	$	-	$	-	$	18,483
Equity securities:
U.K.		-		665		-		665
Overseas equities		-		13,761		-		13,761
Emerging markets		-		3,651		-		3,651
Fixed income securities:
Government bonds		-		5,841		-		5,841
Non-government bonds		-		4,773		-		4,773
Other types of investments
Hedge funds		-		10,636		-		10,636
Liability-driven investments		-		26,993		-		26,993
Commodities		-		1,236		-		1,236
Other		-		5,268		-		5,268
Total	$	18,483	$	72,824	$	-	$	91,307