Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2020

Retirement Benefits [Abstract]

Schedule of Funded Status

Pension information for the years ended December 31, 2020 and 2019, is as follows: 

	2020		2019
Accumulated benefit obligation	$	65,188	$	170,879
Changes in projected benefit obligation:
Projected benefit obligation at beginning of year	180,151		174,261
Interest cost	1,207		1,469
Actuarial gain	28,834		389
Benefits paid	(121,838)		—
Service cost	—		—
Currency translation	7,157		4,032
Projected benefit obligation at end of year	$	95,511	$	180,151
Changes in plan assets:
Fair value of plan assets at beginning of year	$	149,903	$	134,351
Actual return on plan assets	6,226		8,069
Benefits paid	(121,838)		—
Employer contributions	2,012		4,041
Currency translation	4,173		3,442
Fair value of plan assets at end of year	$	40,476	$	149,903
Funded status	(55,035)		(30,248)

Schedule of Pension Cost

Components of net periodic pension cost:
Interest cost	$	1,207	$	1,469
Expected return on plan assets	(1,005)		(1,133)
Amortization of net (gain) loss	(1,052)		(581)
Service cost	—		—
Net periodic pension (benefit) cost	$	(850)	$	(245)

Schedule of Assumptions Used in Computing Benefit Obligations

The Company utilized the following assumptions in computing the benefit obligation at December 31, 2020 and 2019 as follows: 

	Years ended December 31,
	2020		2019
Discount rate	0.43	%	0.66	%
Rate of increase in compensation levels	2.50	%	1.00	%
Expected long-term rate of return on plan assets	0.43	%	0.66	%