Annual report pursuant to Section 13 and 15(d)

Employee Benefits

v3.22.4
Employee Benefits
 12 Months Ended
Dec. 31, 2022
Employee Benefits [Abstract]  
EMPLOYEE BENEFITS

14. EMPLOYEE BENEFITS

The Company has a defined contribution retirement plan, under the provisions of Section 401(k) of the Internal Revenue Code, covering substantially all of its eligible U.S. employees. Employer contribution costs recognized under the retirement plan amounted to approximately $3.1, $3.0 and $2.4 during 2022, 2021 and 2020, respectively.

The Company provides supplemental pension benefits to its employees of foreign operations in addition to mandatory benefits included in local country payroll statutes. These benefits amounted to approximately $3.3, $3.4 and $3.6 during 2022, 2021 and 2020, respectively.