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EMPLOYEE BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
Schedule of Changes in Benefit Obligation
The actuarial recorded liabilities for such unfunded postretirement benefits are as follows:
Change in benefit obligation:
 20202019
Benefit obligation at beginning of year$1,076 $1,174 
Initial adoption of new plan— — 
Service cost with interest to end of year68 63 
Interest cost26 39 
Participant contributions23 35 
Benefits paid(27)(162)
Actuarial gain208 (73)
Benefit obligation at end of year$1,374 $1,076 
Change in benefit obligation:
 20202019
Benefit obligation at beginning of year$1,738 $— 
Acquisitions— 1,738 
Service cost with interest to end of year104 — 
Interest cost20 — 
Participant contributions21 — 
Benefits paid(11)— 
Actuarial gain18 — 
Exchange rate changes163 — 
Benefit obligation at end of year$2,053 $1,738 
Assumptions to determine benefit obligations:
 20202019
Discount rate0.75 %1.00 %
Schedule of Changes in Plan Assets
Change in plan assets:
 20202019
Fair value of plan assets at beginning of year$— $— 
Employer (reimbursement)/contributions4 127 
Participant contributions23 35 
Benefits paid(27)(162)
Fair value of plan assets at end of year$— $— 
Change in plan assets:
 20202019
Fair value of plan assets at beginning of year$895 $— 
Acquisitions— 895 
Actual return on plan assets57 — 
Employer (reimbursement)/contributions57 — 
Participant contributions21 — 
Benefits paid(11)— 
Exchange rate changes84 — 
Fair value of plan assets at end of year$1,103 $895 
Schedule of Amounts Recognized in Consolidated Balance Sheet
Amounts recognized in consolidated balance sheet:
 20202019
Accumulated postretirement benefit obligation$(1,374)$(1,076)
Fair value of plan assets— — 
Funded status(1,374)(1,076)
Unrecognized prior service costN/AN/A
Unrecognized net (gain)/lossN/AN/A
Net amount recognized in consolidated balance sheet (after ASC 715) (included in other long-term obligations)$1,374 $1,076 
Accrued postretirement benefit cost (included in other long-term obligations)N/AN/A
Amounts recognized in consolidated balance sheet:
 20202019
Benefit obligation$(2,053)$(1,738)
Fair value of plan assets1,103 895 
Funded status(950)(843)
Unrecognized prior service costN/AN/A
Unrecognized net (gain)/lossN/A247 
Net amount recognized in consolidated balance sheet (after ASC 715) (included in other long-term obligations)$950 $596 
Accrued postretirement benefit cost (included in other long-term obligations)N/AN/A
Schedule of Components of Net Periodic Benefit Cost
Components of net periodic benefit cost:
 202020192018
Service cost with interest to end of year$68 $63 $78 
Interest cost26 39 44 
Amortization of prior service credit74 74 74 
Amortization of gain(50)(46)(8)
Total net periodic benefit cost$118 $130 $188 
Components of net periodic benefit cost:
 20202019
Service cost with interest to end of year$104 $— 
Interest cost20 — 
Expected return on plan assets(14)— 
Amortization of prior service credit— — 
Amortization of gain— — 
Total net periodic benefit cost$110 $— 
Assumptions to determine net cost:
 20202019
Discount rate1.00 %N/A
Expected return on assets1.00 %N/A
Schedule of Estimated Future Employer Contributions and Benefit Payments
Estimated future employer contributions and benefit payments are as follows:
Year 
2021$99 
202298 
202381 
2024100 
202593 
Years 2026-2030495 
Estimated future benefit payments are as follows:
Year 
2021$2 
2022— 
2023— 
2024— 
2025— 
Years 2026-203025 
Summary of Pension Fund The Company does not represent more than 5% of the contributions to this pension fund.
Pension
Fund		EIN/Pension
Plan
Number		Pension Plan Protection Act Zone StatusFIP/RP Status
Pending/ Implemented		Contributions of Balchem CorporationSurcharge
Imposed		Expiration Date of Collective-
Bargaining
Agreement
20202019202020192018
Central States,
Southeast and
Southwest Areas
Pension Fund		36-6044243Critical & Declining as of 1/1/20Critical & Declining as of 1/1/19Implemented$774$676$614No7/12/2025