v3.25.1
EMPLOYEE BENEFIT PLANS
 3 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
We have a defined benefit pension plan covering certain United Kingdom employees (the “U.K. Plan”). Net periodic pension credit includes the following components (in thousands):
 Three Months Ended March 31,
 20252024
(unaudited)(unaudited)
Interest cost$672 $652 
Expected return on plan assets(818)(847)
Amortization of prior service cost8 8 
Unrecognized net actuarial loss
87 79 
Net periodic pension credit$(51)$(108)

Net pension credit is included in “Other (expense) income, net” on our condensed consolidated statements of operations. The expected long-term rate of return on invested assets is determined based on the weighted average of expected returns on asset investment categories for the U.K. Plan as follows: 6.1% overall, 9.9% for equities and 6.0% for debt securities.