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EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
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