Retirement Plans |
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| Retirement Plans | Note 8 – Retirement Plans The Company has contributed $518 and $1,123 to pension benefits in the U.S. during the six months ended June 30, 2026 and June 30, 2025, respectively. The Company and its subsidiaries have defined contribution and defined benefit plans varying by country and subsidiary. The Company’s operations in the United States, France, Philippines and Germany historically offered defined benefit retirement plans (“Plan”) to their employees. Most of these benefits have been terminated, resulting in various reductions in liabilities and curtailment gains. In connection with our adoption of FASB issued ASU No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, the components of net periodic benefit cost other than the service cost component are included in the line item other expense in the income statement. The following sets forth the components of net periodic benefit cost for the periods indicated:
Savings Plans The Company also has defined contribution savings and similar plans for eligible employees, which vary by subsidiary. The Company’s aggregate contributions to these plans are based on eligible employee contributions and certain other factors. The Company expenses for these plans for the six months ended June 30, 2026 and June 30, 2025 were approximately $491 and $412, respectively. |
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