Other Non-Current Assets

12 Months Ended

Dec. 31, 2021

Other Assets [Abstract]

Other Assets [Text Block]

Note 18 – Other Non-Current Assets

Other non-current assets as of December 31, 2021 and 2020 were as follows:

2021

2020

Pension assets

$

7,916

$

6,748

Uncertain tax positions

6,931

7,209

Indemnification assets

6,630

7,615

Debt issuance costs

4,267

5,919

Supplemental retirement income program

2,269

1,961

Other

2,946

2,344

Total other non -current assets

$

30,959

$

31,796

As of December 31, 2021 and 2020, indemnification assets relates to certain Houghton foreign subsidiaries for which the

Company expects it will incur additional tax amounts which are subject to indemnification under the terms of the Combination share

and purchase agreement. These indemnification assets have a corresponding uncertain tax position recorded in other non-current

liabilities. As of December 31, 2021 and 2020, one of the Company’s foreign pension plan’s fair value of plan assets exceeded its

gross benefit obligation and was therefore over-funded, which is represented by the line Pension assets in the table above. See Notes

10, 12, 21 and 22 of Notes to Consolidated Financial Statements.