Pension and Postretirement Benefits

6 Months Ended

Jun. 30, 2024

Retirement Benefits [Abstract]

Pension and Postretirement Benefits

Note 18. Pension and Postretirement Benefits

The components of net periodic benefit cost of our pension and postretirement benefit plans for the three months ended June 30, 2024 and 2023 consist of the following:

	Domestic Plans
	Pension Plans						Postretirement Benefit Plans						Foreign Pension Plans
(in thousands)	2024			2023			2024			2023			2024			2023
Service cost	$	—		$	—		$	6		$	6		$	50		$	44
Interest cost		201			211			91			93			85			91
Expected return on plan assets		(57	)		(40	)		—			—			(83	)		(86	)
Amortization of prior service credit		(10	)		(8	)		19			29			—			—
Recognized net actuarial loss (gain)		79			71			(38	)		(44	)		31			34
Net periodic benefit cost	$	213		$	234		$	78		$	84		$	83		$	83
Settlement cost		—			—			—			—			—			—
Total expenses	$	213		$	234		$	78		$	84		$	83		$	83

The components of net periodic benefit cost of our pension and postretirement benefit plans for the six months ended June 30, 2024 and 2023 consist of the following:

	Domestic Plans
	Pension Plans						Postretirement Benefit Plans						Foreign Pension Plans
(in thousands)	2024			2023			2024			2023			2024			2023
Service cost	$	—		$	—		$	12		$	12		$	101		$	88
Interest cost		402			422			182			186			170			183
Expected return on plan assets		(114	)		(80	)		—			—			(167	)		(172	)
Amortization of prior service credit		(20	)		(16	)		38			58			—			—
Recognized net actuarial loss (gain)		158			142			(76	)		(88	)		63			67
Net periodic benefit cost	$	426		$	468		$	156		$	168		$	167		$	166
Settlement cost		—			—			—			—			—			—
Total expenses	$	426		$	468		$	156		$	168		$	167		$	166

We expect to contribute $0.8 million to our funded pension plans, $0.8 million to our unfunded pension plans, and $0.7 million to our postretirement benefit plans in 2024. During the six months ended June 30, 2024, we contributed $0.3 million to our funded pension plans, $0.4 million to our unfunded pension plans, and $0.3 million to our postretirement benefit plans.