v3.25.4
Defined Contribution Plan, Pension and Other Post-Retirement Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Summary of Change in Benefit Obligation, Plan Assets and Funded Status
The change in benefit obligation, plan assets and funded status as of December 31 is as follows:
 Non-U.S. Pension Plan
 20252024
Change in benefit obligation:
Benefit obligation — Beginning of the year$28,666 $32,172 
Interest cost1,573 1,399 
Benefits paid(2,064)(1,736)
Actuarial (gain) loss(624)(2,734)
Exchange rate changes2,083 (435)
Benefit obligation at end of the year$29,634 $28,666 
Change in plan assets:
Fair value of plan assets — Beginning of the year$20,591 $23,052 
Actual return on plan assets1,180 (1,652)
Employer contributions1,563 1,240 
Benefits paid(2,064)(1,736)
Exchange rate changes1,525 (313)
Fair value of plan assets at end of the year22,795 20,591 
Funded status 1
$(6,839)$(8,075)
1 Amounts are included in Pension and other post-retirement liabilities in the Consolidated Balance Sheets at December 31, 2025 and 2024.
Summary of Components of Net Periodic Cost (Benefit)
The components of net periodic cost (benefit) for the years ended December 31 were as follows:
 Non-U.S. Pension Plan
 202520242023
Interest cost$1,573 $1,399 $1,418 
Expected return on plan assets(1,413)(1,293)(1,221)
Amortization of prior service cost51 50 48 
Recognized actuarial loss944 872 757 
Net periodic cost (benefit)$1,155 $1,028 $1,002 
Summary of Amounts Recognized in Other Comprehensive Income (Loss) Amounts recognized in Other comprehensive income (loss), before taking into account income tax effects for the years ended December 31 were as follows:
 Non-U.S. Pension Plan
 202520242023
Net actuarial loss$13,003 $13,899 $14,165 
Prior service cost504 538 572 
$13,507 $14,437 $14,737 
Summary of Amounts Recognized as Other Changes in Plan Assets and Benefit Obligations in Other Comprehensive Income (Loss) Amounts recognized as other changes in plan assets and benefit obligations in comprehensive income (loss), before taking into account income tax effects, for the years ended December 31 were as follows:
 Non-U.S. Pension Plan
 20252024
Actuarial (gain) loss$(516)$205 
Amortization of actuarial (loss) gain(1,251)(844)
Prior service credit(68)(48)
Total recognized in other comprehensive income (loss)$(1,835)$(687)
Summary of Weighted-Average Assumptions Used to Determine Benefit Obligations and Net Periodic Benefit Cost
Weighted-average assumptions used to determine benefit obligations at December 31 were as follows:
 Non-U.S. Pension Plan
 20252024
Discount rate5.35 %5.40 %
Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31 were as follows:
 Non-U.S. Pension Plan
 202520242023
Discount rate5.40 %4.45 %4.75 %
Expected return on plan assets6.60 %5.65 %5.60 %
Summary of Fair Values of Pension Plan Assets by Asset Category and by Level
Our investment allocation target for our non-U.S. pension plan for 2025 and our weighted-average asset allocations of our pension assets for the years ended December 31, by asset category, are as follows:
Target Allocation %Actual Allocations %
 2025202420252024
Cash and cash equivalents——11
Equity/Balanced securities29272826
Fixed income securities71737173
100%100%100%100%
The fair values of our pension plan assets by asset category and by level as described in Note 1, Significant Accounting Policies, for the years ended December 31, 2025 and 2024 are as follows:
 December 31, 2025
  Quoted Prices in
Active Markets for
Identical Assets		Significant
Observable Inputs		Significant
Unobservable Inputs
 TotalLevel 1Level 2Level 3
Insurance contracts and other$22,795 $— $22,795 $— 
Total pension fund assets$22,795 $— $22,795 $— 

December 31, 2024
Quoted Prices in
Active Markets for
Identical Assets		Significant
Observable Inputs		Significant
Unobservable Inputs
TotalLevel 1Level 2Level 3
Insurance contract and other$20,591 $— $20,591 $— 
Total pension fund assets$20,591 $— $20,591 $— 
Summary of Expected Future Benefit Payments of Pension and Other Post-Retirement Benefit Plans
The following table summarizes expected future benefit payments out of our pension and other post-retirement benefit plans:
Year Ending December 31,Pension Plans
2026$2,012 
2027$2,033 
2028$2,087 
2029$2,179 
2030 to 2035$10,322