Pension and Other Post Retirement Benefits (Tables)

12 Months Ended

Dec. 31, 2021

Pension and Other Postretirement Benefits [Abstract]

Schedule of funded status of Company's plans' reconciled with amounts reported in the Consolidated Balance Sheets [Table Text Block]

Other Post-

Pension Benefits

Retirement Benefits

2021

2020

2021

2020

Foreign

U.S.

Total

Foreign

U.S.

Total

U.S.

U.S.

Change in benefit obligation

Gross benefit obligation at beginning

of year

$

247,675

$

109,969

$

357,644

$

217,893

$

153,723

$

371,616

$

3,234

$

4,266

Service cost

698

547

1,245

4,340

491

4,831

1

5

Interest cost

2,594

1,737

4,331

3,416

2,923

6,339

27

77

Employee contributions

71

-

71

73

-

73

-

-

Effect of plan amendments

-

-

-

-

50

50

(78)

-

Curtailment gain

-

-

-

(2,324)

-

(2,324)

-

-

Plan settlements

(541)

-

(541)

(2,316)

(53,494)

(55,810)

-

-

Benefits paid

(6,869)

(5,064)

(11,933)

(5,087)

(6,138)

(11,225)

(182)

(250)

Plan expenses and premiums paid

(74)

-

(74)

(135)

-

(135)

-

-

Transfer in of business acquisition

231

-

231

-

-

-

-

-

Actuarial (gain) loss 

(4,160)

(3,769)

(7,929)

16,834

12,414

29,248

(992)

(864)

Translation differences and other

(10,873)

-

(10,873)

14,981

-

14,981

-

-

Gross benefit obligation at end of year

$

228,752

$

103,420

$

332,172

$

247,675

$

109,969

$

357,644

$

2,010

$

3,234

Other Post-

Pension Benefits

Retirement Benefits

2021

2020

2021

2020

Foreign

U.S.

Total

Foreign

U.S.

Total

U.S.

U.S.

Change in plan assets

Fair value of plan assets at 

 beginning of year

$

228,789

$

73,481

$

302,270

$

195,099

$

120,550

$

315,649

$

-

$

-

Actual return on plan assets

915

7,201

8,116

20,367

10,759

31,126

-

-

Employer contributions

4,289

2,063

6,352

6,912

2,302

9,214

182

250

Employee contributions

71

-

71

73

-

73

-

-

Plan settlements

(541)

-

(541)

(2,316)

(53,494)

(55,810)

-

-

Benefits paid

(6,869)

(5,065)

(11,934)

(5,087)

(6,138)

(11,225)

(182)

(250)

Plan expenses and premiums paid

(74)

-

(74)

(135)

(498)

(633)

-

-

Translation differences

(9,694)

-

(9,694)

13,876

-

13,876

-

-

Fair value of plan assets at end of year

$

216,886

$

77,680

$

294,566

$

228,789

$

73,481

$

302,270

$

-

$

-

Net benefit obligation recognized

$

(11,866)

$

(25,740)

$

(37,606)

$

(18,886)

$

(36,488)

$

(55,374)

$

(2,010)

$

(3,234)

Amounts recognized in the balance 

 sheet consist of:

 Non-current assets

$

7,916

$

-

$

7,916

$

6,748

$

-

$

6,748

$

-

$

-

 Current liabilities

(191)

(1,137)

(1,328)

(568)

(612)

(1,180)

(220)

(286)

 Non-current liabilities

(19,591)

(24,603)

(44,194)

(25,066)

(35,876)

(60,942)

(1,790)

(2,948)

Net benefit obligation recognized

$

(11,866)

$

(25,740)

$

(37,606)

$

(18,886)

$

(36,488)

$

(55,374)

$

(2,010)

$

(3,234)

Amounts not yet reflected in net

 periodic benefit costs and included in

 accumulated other comprehensive loss:

 Prior service (cost) credit

(22)

43

21

(26)

50

24

46

-

 Accumulated (loss) gain

(19,163)

(9,763)

(28,926)

(21,976)

(5,532)

(27,508)

1,034

124

 AOCI

(19,185)

(9,720)

(28,905)

(22,002)

(5,482)

(27,484)

1,080

124

 Cumulative employer contributions

 in excess of or (below) net 

 periodic benefit cost

7,319

(16,020)

(8,701)

3,116

(31,006)

(27,890)

(3,090)

(3,358)

Net benefit obligation recognized

$

(11,866)

$

(25,740)

$

(37,606)

$

(18,886)

$

(36,488)

$

(55,374)

$

(2,010)

$

(3,234)

Schedule of Information for pension plans with an accumulated benefit obligation in excess of plan assets [Table Text Block]

2021

2020

Foreign

U.S.

Total

Foreign

U.S.

Total

Projected benefit obligation

$

138,963

$

103,420

$

242,383

$

32,373

$

109,969

$

142,342

Accumulated benefit obligation

128,268

103,420

231,688

30,892

109,540

140,432

Fair value of plan assets

119,181

77,680

196,861

18,074

73,481

91,555

Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]

2021

2020

Foreign

U.S.

Total

Foreign

U.S.

Total

Projected benefit obligation

$

138,963

$

103,420

$

242,383

$

32,373

$

109,969

$

142,342

Fair value of plan assets

119,181

77,680

196,861

18,074

73,481

91,555

Defined Benefit Plan Disclosure [Line Items]

Schedule of Weighted-average assumptions used to determine benefit obligations [Table Text Block]

Other Postretirement

Pension Benefits

Benefits

2021

2020

2021

2020

U.S. Plans:

Discount rate

2.58

%

2.19

%

2.45

%

2.05

%

Rate of compensation increase

N/A

6.00

%

N/A

N/A

Foreign Plans:

Discount rate

1.71

%

1.79

%

N/A

N/A

Rate of compensation increase

2.21

%

2.74

%

N/A

N/A

Other Postretirement

Pension Benefits

Benefits

2021

2020

2021

2020

U.S. Plans:

Discount rate

2.67

%

3.11

%

1.90

%

2.99

%

Expected long-term return on

plan assets

5.75

%

6.50

%

N/A

N/A

Rate of compensation increase

6.00

%

6.00

%

N/A

N/A

Foreign Plans:

Discount rate

1.38

%

2.30

%

N/A

N/A

Expected long-term return on

plan assets

2.06

%

2.20

%

N/A

N/A

Rate of compensation increase

2.52

%

2.79

%

N/A

N/A

Schedule of Assumed health care cost trend rates [Table Text Block]

2021

2020

Health care cost trend rate for next year

5.65

%

5.70

%

Rate to which the cost trend rate is assumed to decline (the

ultimate trend rate)

4.00

%

4.50

%

Year that the rate reaches the ultimate trend rate

2046

2037

Schedule of compan's pension plan target asset allocation and pension plan investments measured at fair value on a recurring basis [Table Text Block]

Asset Category

Target

2021

2020

U.S. Plans

Equity securities

44

%

46

%

58

%

Debt securities

50

%

48

%

36

%

Other

6

%

6

%

6

%

Total

100

%

100

%

100

%

Foreign Plans

Equity securities

39

%

36

%

33

%

Debt securities

50

%

43

%

45

%

Other

11

%

21

%

22

%

Total

100

%

100

%

100

%

Fair Value Measurements at December 31, 2021

Total

Using Fair Value Hierarchy

U.S. Pension Assets

Fair Value

Level 1

Level 2

Level 3

Pooled separate accounts

$

72,721

$

-

$

72,721

$

-

Real estate

4,959

-

-

4,959

Subtotal U.S. pension plan assets in fair value hierarchy

$

77,680

$

-

$

72,721

$

4,959

Total U.S. pension plan assets

$

77,680

Foreign Pension Assets

Cash and cash equivalents

$

1,989

$

1,989

$

-

$

-

Insurance contract

99,527

-

-

99,527

Diversified equity securities - registered investment companies

10,999

-

10,999

-

Fixed income – foreign registered investment companies

3,593

-

3,593

-

Fixed income government securities

35,339

-

35,339

-

Real estate

6,588

-

-

6,588

Other - alternative investments

6,979

-

-

6,979

Sub-total of foreign pension assets in fair value hierarchy

$

165,014

$

1,989

$

49,931

$

113,094

Commingled funds measured at NAV

2,300

Diversified investment fund - registered investment

companies measured at NAV

49,572

Total foreign pension assets

$

216,886

Total pension assets in fair value hierarchy

$

242,694

$

1,989

$

122,652

$

118,053

Total pension assets measured at NAV

51,872

Total pension assets

$

294,566

Fair Value Measurements at December 31, 2020

Total

Using Fair Value Hierarchy

U.S. Pension Assets

Fair Value

Level 1

Level 2

Level 3

Pooled separate accounts

$

69,385

$

-

$

69,385

$

-

Real estate

4,096

-

-

4,096

Subtotal U.S. pension plan assets in fair value hierarchy

$

73,481

$

-

$

69,385

$

4,096

Total U.S. pension plan assets

$

73,481

Foreign Pension Assets

Cash and cash equivalents

$

634

$

634

$

-

$

-

Insurance contract

112,920

-

-

112,920

Diversified equity securities - registered investment companies

8,851

-

8,851

-

Fixed income – foreign registered investment companies

3,711

-

3,711

-

Fixed income government securities

37,579

-

37,579

-

Real estate

5,679

-

-

5,679

Other - alternative investments

10,638

-

-

10,638

Sub-total of foreign pension assets in fair value hierarchy

$

180,012

$

634

$

50,141

$

129,237

Commingled funds measured at NAV

2,368

Diversified investment fund - registered investment

companies measured at NAV

46,409

Total foreign pension assets

$

228,789

Total pension assets in fair value hierarchy

$

253,493

$

634

$

119,526

$

133,333

Total pension assets measured at NAV

48,777

Total pension assets

$

302,270

Schedule of changes in the fair value of the plans' Level 3 investments [Table Text Block]

Insurance

Alternative

Contract

Real Estate

Investments

Total

Balance as of December 31, 2019

$

92,657

$

9,581

$

9,436

$

111,674

Purchases

3,902

18

989

4,909

Settlements

(2,027)

-

-

(2,027)

Unrealized gains (losses)

8,917

(16)

(171)

8,730

Currency translation adjustment

9,471

192

384

10,047

Balance as of December 31, 2020

112,920

9,775

10,638

133,333

Purchases

1,722

(78)

(334)

1,310

Settlements

(1,812)

-

-

(1,812)

Unrealized (losses) gains

(5,031)

1,926

(3,282)

(6,387)

Currency translation adjustment

(8,272)

(76)

(43)

(8,391)

Balance as of December 31, 2021

$

99,527

$

11,547

$

6,979

$

118,053

Schedule of Expected Benefit Payments [Table Text Block]

Other Post-

Pension Benefits

Retirement

Foreign

U.S.

Total

Benefits

2022

$

6,678

$

6,627

$

13,305

$

220

2023

6,661

6,043

12,704

209

2024

6,475

6,205

12,680

187

2025

6,984

6,199

13,183

174

2026

7,702

6,213

13,915

157

2027 to 2031

42,577

30,169

72,746

625

Pension Plans, Defined Benefit [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of components of net periodic benefit costs - pension plans [Table Text Block]

2021

2020

Foreign

U.S.

Total

Foreign

U.S.

Total

Service cost

$

698

$

547

$

1,245

$

4,340

$

491

$

4,831

Interest cost

2,594

1,737

4,331

3,416

2,923

6,339

Expected return on plan assets

(4,686)

(3,611)

(8,297)

(4,262)

(4,810)

(9,072)

Settlement loss (gain)

35

-

35

(88)

22,667

22,579

Curtailment charge

-

-

-

(1,155)

-

(1,155)

Actuarial loss amortization

996

2,252

3,248

886

2,110

2,996

Prior service cost (credit)

amortization

3

7

10

(167)

-

(167)

Net periodic benefit (income) cost

$

(360)

$

932

$

572

$

2,970

$

23,381

$

26,351

2019

Foreign

U.S.

Total

Service cost

$

3,507

$

434

$

3,941

Interest cost

3,046

3,313

6,359

Expected return on plan assets

(3,668)

(3,227)

(6,895)

Settlement loss

258

-

258

Actuarial loss amortization

757

2,348

3,105

Prior service credit amortization

(165)

-

(165)

Net periodic benefit cost

$

3,735

$

2,868

$

6,603

Schedule of other changes recognized in other comprehensive income - pension plans [Table Text Block]

2021

2020

Foreign

U.S.

Total

Foreign

U.S.

Total

Net (gain) loss arising during 

the period

$

(388)

$

(448)

$

(836)

$

(1,594)

$

1,536

$

(58)

Effect of plan amendment

Recognition of amortization in net

periodic benefit cost

Settlement loss

(83)

(2,252)

(2,335)

(39)

(22,667)

(22,706)

Prior service (cost) credit

-

(7)

(7)

1,325

50

1,375

Actuarial (loss) gain

(954)

(6,925)

(7,879)

(758)

3,967

3,209

Curtailment Recognition

(3)

-

(3)

(3)

-

(3)

Effect of exchange rates on amounts

included in AOCI

(1,390)

-

(1,390)

1,535

-

1,535

Total recognized in other 

comprehensive (income) loss

(2,818)

(9,632)

(12,450)

466

(17,114)

(16,648)

Total recognized in net periodic 

benefit cost and other 

comprehensive (income) loss

$

(3,178)

$

(8,700)

$

(11,878)

$

3,436

$

6,267

$

9,703

2019

Foreign

U.S.

Total

Net loss arising during period

$

3,826

$

3,926

$

7,752

Recognition of amortization in net periodic benefit

 cost

Prior service credit

196

-

196

Actuarial loss

(1,015)

(2,347)

(3,362)

Effect of exchange rates on amounts included

 in AOCI

(61)

-

(61)

Total recognized in other comprehensive loss

2,946

1,579

4,525

Total recognized in net periodic benefit cost and 

other comprehensive loss

$

6,681

$

4,447

$

11,128

Other Postretirement Benefit Plans Defined Benefit [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of components of net periodic benefit costs - pension plans [Table Text Block]

2021

2020

2019

Service cost

$

1

$

5

$

6

Interest cost

27

77

143

Actuarial loss amortization

(82)

(5)

-

Prior service credit amortization

(31)

-

-

Net periodic benefit costs

$

(85)

$

77

$

149

Schedule of other changes recognized in other comprehensive income - pension plans [Table Text Block]

2021

2020

2019

Net (gain) loss arising during period

$

(992)

$

(864)

$

395

Recognition of amortizations in net periodic

benefit cost 

(78)

-

-

Prior service credit

31

-

-

Actuarial gain amortization

82

5

-

Total recognized in other comprehensive (income)

loss

(957)

(859)

395

Total recognized in net periodic benefit cost and 

other comprehensive (income) loss 

$

(1,042)

$

(782)

$

544