v3.25.1
EMPLOYEE BENEFIT PLANS
3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
The Company has three frozen defined benefit pension plans covering certain employees or former employees of three U.S. subsidiaries. The Company also has pension plans covering certain employees of several foreign subsidiaries. The Company also sponsors a number of defined contribution plans in the U.S. and at foreign subsidiaries. The Company contributed approximately $0.1 million to the pension plans during the three months ended March 31, 2025 and $0.2 million are expected to be contributed to the pension plans during the remainder of 2025.

The components of net periodic pension cost consisted of the following for the periods set forth below (amounts in thousands):
Three months ended
March 31,
20252024
Service cost$161 $162 
Interest cost945 952 
Expected return on assets(1,329)(1,301)
Amortization of unrecognized prior service cost(14)(16)
Amortization of net unrecognized loss 18 68 
   Net periodic pension (benefit)$(219)$(135)
Service cost is recorded as cost of sales in the condensed consolidated statements of operations while all other components are recorded in other income.