XML 107 R24.htm IDEA: XBRL DOCUMENT
v3.20.1

EMPLOYEE BENEFIT PLANS | 6 Months Ended
--- | ---
Mar. 31, 2020
Retirement Benefits [Abstract] |
EMPLOYEE BENEFIT PLANS | NOTE 15 EMPLOYEE BENEFIT PLANS Components of Net Periodic Benefit Cost The following provides information at March 31, 2020 and 2019, related to the Company-sponsored domestic defined benefit pension plan, the Helmerich & Payne, Inc. Employee Retirement Plan (the “Pension Plan”):
| Three Months Ended March 31, |  | Six Months Ended March 31,
(in thousands) | 2020 |  | 2019 |  | 2020 |  | 2019
Interest cost | $ | 1,097 |  |  | $ | 1,097 |  |  | $ | 2,194 |  |  | $ | 2,194 |
Expected return on plan assets | (1,381 | ) |  | (1,386 | ) |  | (2,762 | ) |  | (2,772 | )
Recognized net actuarial loss | 669 |  |  | 291 |  |  | 1,338 |  |  | 583 |
Net pension expense | $ | 385 |  |  | $ | 2 |  |  | $ | 770 |  |  | $ | 5 |
Employer Contributions We did no t contribute to the Pension Plan during the six months ended March 31, 2020. For the remainder of fiscal year 2020, we do not expect minimum contributions required by law to be needed; however, we may make contributions during the remainder of fiscal year 2020 if needed to fund unexpected distributions in lieu of liquidating pension assets.

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration