v3.26.1
Retirement Benefits
6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Retirement Benefits Retirement Benefits
Defined severance benefits
The following table provides the components of net periodic benefit costs (income):
Three Months Ended Six Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(in thousands of USD) (in thousands of USD)
Current service costs$1,243 $1,231 $2,515 $2,421 
Interest expense329 277 668 545 
Actuarial gain(1,287)(917)(1,336)(1,801)
Net periodic benefit costs (income)$285 $591 $1,847 $1,165 
Defined severance contribution
Defined severance expense was $0.7 million and $0.5 million for the three months ended June 30, 2026, and 2025, respectively, and $1.3 million and $1.0 million for the six months ended June 30, 2026, and 2025, respectively.