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EMPLOYEE RETIREMENT PLANS (Tables)

12 Months Ended

Dec. 31, 2017

Defined Benefit Pension Plans And Defined Benefit Postretirement Plans Disclosure [Abstract]

Information Relating to the Company's Plan

Information relating to the Company’s plan is as follows (in thousands):

		Year Ended December 31,
		2017				2016
Change in benefit obligation:
Benefit obligation, beginning of year		$	27,563			$	22,594
Service cost			1,214				1,415
Interest cost			1,013				875
Actuarial loss			2,952				2,679
Plan amendment			434				—
Benefit obligation, end of year			33,176				27,563
Fair value of plan assets			—				—
Unfunded status of the plan, end of year		$	33,176			$	27,563
Current liability			—				—
Noncurrent liability		$	33,176			$	27,563

Components of Net Periodic Pension Cost

The components of net periodic pension cost were as follows (in thousands):

		Year Ended December 31,
		2017				2016				2015
Service cost		$	1,214			$	1,415			$	1,186
Interest cost			1,013				875				618
Amortization of prior service cost			1,667				1,660				1,550
Amortization of loss			457				15				—
Total net periodic benefit cost		$	4,351			$	3,965			$	3,354

Assumptions Used to Determine Benefit Obligation and Net Periodic Pension Cost

Assumptions used to determine the year end benefit obligation were as follows:

		Year Ended December 31,
		2017				2016
Discount rate			3.22	%			3.57	%
Rate of compensation increases			3.50	%			3.50	%

Assumptions used to determine the net periodic pension cost were as follows:

		Year Ended December 31,
		2017				2016				2015
Discount rate			3.41	%			3.57	%			3.78	%
Rate of compensation increases			3.50	%			3.50	%			3.50	%

Amounts to be Amortized from Accumulated Other Comprehensive Loss into Net Periodic Pension Cost in Next Fiscal Year

The estimated amounts to be amortized from accumulated other comprehensive loss into the net periodic pension cost in 2018 are as follows (in thousands):

Amortization of prior service cost		$	1,683
Amortization of loss			473
Total		$	2,156

Benefit Payments Expected to be Paid

Benefit payments, which reflect estimated future service, are currently expected to be paid as follows (in thousands):

Year		Projected Benefits
2018		$	1,214
2019			2,548
2020			2,670
2021			2,756
2022			3,167
2023-2027			18,885
Thereafter			22,125

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- References

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- Definition

Tabular disclosure of the amounts related to pension plans and/or other employee benefit plans in accumulated other comprehensive income (loss) expected to be recognized as components of net periodic benefit cost over the next fiscal year, including the net gain (loss), net prior service cost or credit, and net transition asset or obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (s)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

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Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

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Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
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Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

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Tabular disclosure of net funded status of pension plans and/or other employee benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

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