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OTHER COMPREHENSIVE INCOME
 6 Months Ended
Jun. 30, 2017
OTHER COMPREHENSIVE INCOME [Abstract]  
OTHER COMPREHENSIVE INCOME
(8)
OTHER COMPREHENSIVE INCOME

The Company’s changes in other comprehensive income for the three months and six months ended June 30, 2017 and 2016 were as follows (in thousands):

  Three months ended June 30, 
  2017 
2016
 
  
Gross
Amount
 
Income Tax
(Provision)
Benefit
  
Net
Amount
 
Gross
Amount
  
Income Tax
(Provision)
Benefit
  
Net
Amount
 
                 
Pension and postretirement benefits (a):
                
Amortization of net actuarial loss
 
$
908
  
$
(347
)
 
$
561
  
$
1,345
  
$
(524
)
 
$
821
 
Actuarial gains (losses)
  
22,014
   
(8,435
)
  
13,579
   
(6,435
)
  
2,465
   
(3,970
)
Total
 
$
22,922
  
$
(8,782
)
 
$
14,140
  
$
(5,090
)
 
$
1,941
  
$
(3,149
)


  
Six months ended June 30,
 
  
2017
  
2016
 
  
Gross
Amount
 
Income Tax
(Provision)
Benefit
  
Net
Amount
  
Gross
Amount
  
Income Tax
(Provision)
Benefit
  
Net
Amount
 
                  
Pension and postretirement benefits (a):
                 
Amortization of net actuarial loss
 
$
2,117
  
$
(810
)
 
$
1,307
  
$
2,382
  
$
(912
)
 
$
1,470
 
Actuarial gains (losses)
  
22,014
   
(8,435
)
  
13,579
   
(6,435
)
  
2,465
   
(3,970
)
Total
 
$
24,131
  
$
(9,245
)
 
$
14,886
  
$
(4,053
)
 
$
1,553
  
$
(2,500
)
 
 (a)
Actuarial gains/(losses) are amortized into costs of sales and operating expenses or selling, general and administrative expenses as appropriate. (See Note 12 – Retirement Plans)