Retirement Plans (Tables)

12 Months Ended

Dec. 31, 2023

Retirement Benefits [Abstract]

Information about Pension Plan

Information about the pension plan is as follows:

	2023			2022
Change in benefit obligation:
Beginning benefit obligation	$	10,123		$	15,384
Service cost		—			—
Interest cost		454			392
Curtailment gain		—			—
Settlement loss		—			—
Actuarial (gain)/loss		(637	)		(3,455	)
Benefits paid		(1,921	)		(2,198	)
Settlement payments		—			—
Ending benefit obligation		8,019			10,123
Change in plan assets, at fair value:
Beginning plan assets		10,934			15,120
Actual return		940			(1,988	)
Employer contribution		—			—
Benefits paid		(1,921	)		(2,198	)
Settlement payments		—			—
Administrative expenses		—			—
Ending plan assets		9,953			10,934
Funded status at end of year	$	1,934		$	811

Components of Net Periodic Pension Expense

The components of net periodic pension expense were as follows:

	2023			2022			2021
Service cost	$	—		$	—		$	—
Interest cost		454			392			378
Expected return on plan assets		(605	)		(732	)		(574	)
Net amortization and deferral		—			—			240
Net periodic pension cost (benefit)		(151	)		(340	)		44
Additional loss due to settlement		—			—			—
Total pension cost (benefit)	$	(151	)	$	(340	)	$	44
Net loss (gain) recognized in other comprehensive    income	$	(972	)	$	(736	)	$	(854	)
Total recognized in net periodic benefit cost    and other comprehensive loss (before tax)	$	(1,123	)	$	(1,076	)	$	(810	)

Weighted Average Assumptions Used to Determine Benefit Obligations and Net Periodic Pension Cost

The weighted average assumptions used to determine benefit obligations at year-end were as follows:

	2023			2022			2021
Discount rate on benefit obligation		4.76	%		4.95	%		2.74	%
Long-term rate of return on plan assets		5.53	%		4.84	%		3.84	%
Rate of compensation increase		0.00	%		0.00	%		0.00	%

The weighted average assumptions used to determine net periodic pension cost were as follows:

	2023			2022			2021
Discount rate on benefit obligation		4.95	%		2.74	%		2.39	%
Long-term rate of return on plan assets		4.84	%		3.84	%		4.44	%
Rate of compensation increase		0.00	%		0.00	%		0.00	%

Schedule of Pension Plan Asset Allocation and Target Allocation by Asset Category

The Company’s pension plan asset allocation at year-end 2023 and 2022 and target allocation for 2024 by asset category are as follows:

	Target Allocation	Percentage of Plan  Assets at Year-end
Asset Category	2024	2023			2022
Equity securities	0-30%		20.0	%		20.0	%
Debt securities	70-100		80.0			80.0
Total			100.0	%		100.0	%

Summary of Investments Measured at Fair Value Based on NAV Per Share

The following table summarizes investments measured at fair value based on NAV per share as of December 31, 2023 and 2022, respectively:

December 31, 2023	Fair Value		Unfunded Commitments	Redemption Frequency (if currently eligible)	Redemption Notice Period
Common/collective trust funds	$	9,953	N/A	Daily	Daily

December 31, 2022	Fair Value		Unfunded Commitments	Redemption Frequency (if currently eligible)	Redemption Notice Period
Common/collective trust funds	$	10,934	N/A	Daily	Daily

Summary of Expected Benefit Payments

Expected benefit payments, which reflect expected future service, are as follows:

2024	$	315
2025		359
2026		398
2027		431
2028		453
2029 through 2033		3,278
Total	$	5,234