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Defined Benefit Pension Plans (Tables)
 12 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
Schedule of Changes in Benefit Obligation and Fair Value of Plan Assets
The following tables set forth the components of the changes in benefit obligations and fair value of plan assets:
 Year Ended December 31,
In thousands20202019
Change in benefit obligation:
Benefit obligation at January 1,$114,218 $105,570 
Service cost4,027 3,711 
Interest cost1,817 2,278 
Actuarial (gain) loss9,323 8,798 
Benefits paid(2,820)(2,970)
Foreign currency exchange rate changes9,594 (1,984)
Curtailment(589)(36)
Settlement(78)(234)
Other(2,760)(915)
Benefit obligation at December 31,$132,732 $114,218 
Change in plan assets:
Fair value of plan assets at January 1,$12,665 $11,890 
Actual return on plan assets389 1,134 
Company contributions349 289 
Benefits paid(298)(411)
Foreign currency exchange rate changes(177)(237)
Release for Divestiture(2,722)— 
Fair value of plan assets at December 31,10,206 12,665 
Net pension benefit obligation at fair value$122,526 $101,553 
Schedule of Amounts Recognized in the Consolidated Balance Sheets
Amounts recognized on the Consolidated Balance Sheets consist of:
December 31,
In thousands20202019
Assets
Plan assets in other long-term assets$— $44 
Liabilities
Current portion of pension benefit obligation in wages and benefits payable3,069 2,885 
Long-term portion of pension benefit obligation119,457 98,712 
Pension benefit obligation, net$122,526 $101,553 
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)
Amounts recognized in OCI (pre-tax) are as follows:
Year Ended December 31,
In thousands202020192018
Net actuarial (gain) loss$8,734 $8,762 $(3,191)
Settlement (gain) loss(286)(250)(1)
Curtailment (gain) loss— — (1)
Plan asset (gain) loss64 (526)724 
Amortization of net actuarial loss(2,255)(1,648)(1,533)
Amortization of prior service cost(68)(68)(61)
Other— (160)124 
Other comprehensive (income) loss$6,189 $6,110 $(3,939)
Schedule of Net Periodic Pension Benefit Costs
Net periodic pension benefit cost for our plans include the following components:
Year Ended December 31,
In thousands202020192018
Service cost$4,027 $3,711 $4,034 
Interest cost1,817 2,278 2,324 
Expected return on plan assets(453)(608)(670)
Amortization of prior service costs68 68 61 
Amortization of actuarial net loss2,255 1,648 1,533 
Settlement286 250 1 
Curtailment— — 1 
Net periodic benefit cost$8,000 $7,347 $7,284 
Schedule of Assumptions Used
The significant actuarial weighted average assumptions used in determining the benefit obligations and net periodic benefit cost for our benefit plans are as follows:
 Year Ended December 31,
 202020192018
Actuarial assumptions used to determine benefit obligations at end of period:
Discount rate1.10 %1.76 %2.24 %
Expected annual rate of compensation increase3.68 %3.76 %3.60 %
Actuarial assumptions used to determine net periodic benefit cost for the period:
Discount rate1.76 %2.24 %2.21 %
Expected rate of return on plan assets4.89 %5.19 %5.58 %
Expected annual rate of compensation increase3.76 %3.60 %3.64 %
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
The total obligations and fair value of plan assets for plans with projected benefit obligations and accumulated benefit obligations exceeding the fair value of plan assets are as follows:
In thousandsDecember 31,
20202019
Projected benefit obligation$132,732 $110,656 
Accumulated benefit obligation121,747 101,611 
Fair value of plan assets10,206 9,059 
Fair values of the assets held by the postretirement benefits plans by asset category
The fair values of our plan investments by asset category are as follows:
Total
Quoted Prices in Active Markets for Identical Assets
(Level 1)
Significant Unobservable Inputs
(Level 3)
In thousandsDecember 31, 2020
Cash$1,050 $1,050 $— 
Insurance funds9,156 — 9,156 
Other securities— — — 
Total fair value of plan assets$10,206 $1,050 $9,156 
In thousandsDecember 31, 2019
Cash$926 $926 $— 
Insurance funds8,133 — 8,133 
Other securities3,606 — 3,606 
Total fair value of plan assets$12,665 $926 $11,739 
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets
The following tables present a reconciliation of Level 3 assets held during the years ended December 31, 2020 and 2019.
In thousandsBalance at January 1, 2020Net Realized and Unrealized GainsNet Purchases, Issuances, Settlements, and OtherRelease for DivestitureEffect of Foreign CurrencyBalance at December 31, 2020
Insurance funds$8,133 $237 $15 $— $771 $9,156 
Other securities3,606 117 (61)(2,722)(940)— 
Total$11,739 $354 $(46)$(2,722)$(169)$9,156 

In thousandsBalance at January 1, 2019Net Realized and Unrealized GainsNet Purchases, Issuances, Settlements, and OtherRelease for DivestitureEffect of Foreign CurrencyBalance at December 31, 2019
Insurance funds$8,020 $282 $(27)$— $(142)$8,133 
Other securities3,083 814 (160)— (131)3,606 
Total$11,103 $1,096 $(187)$— $(273)$11,739 
Schedule of Expected Benefit Payments
Annual benefit payments for the next 10 years, including amounts to be paid from our assets for unfunded plans and reflecting expected future service, as appropriate, are expected to be paid as follows:
Year Ending December 31,Estimated Annual Benefit Payments
In thousands
2021$3,995 
20223,934 
20234,082 
20245,309 
20255,360 
2026-203028,493