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RETIREMENT PLANS (Tables)
9 Months Ended
Sep. 30, 2017
Pension Benefits [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Cost
The components of net periodic benefit cost for the Company’s defined benefit plans for the three months and nine months ended September 30, 2017 and 2016 were as follows (in thousands):
 
  
Pension Benefits
 
  
Pension Plan
  
SERP
 
  
Three months ended
September 30,
  
Three months ended
September 30,
 
  
2017
  
2016
  
2017
  
2016
 
Components of net periodic benefit cost:
            
Service cost
 
$
1,742
  
$
3,351
  
$
  
$
 
Interest cost
  
3,320
   
3,531
   
14
   
16
 
Expected return on plan assets
  
(4,595
)
  
(4,202
)
  
   
 
Amortization of actuarial loss
  
981
   
1,372
   
7
   
7
 
Net periodic benefit cost
 
$
1,448
  
$
4,052
  
$
21
  
$
23
 
                 
 
  
Pension Benefits
 
 
Pension Plan
 
SERP
 
 
Nine months ended
September 30,
 
Nine months ended
September 30,
 
 
2017
 
2016
 
2017
 
2016
 
Components of net periodic benefit cost:
            
Service cost
 
$
8,934
  
$
10,053
  
$
  
$
 
Interest cost
  
10,409
   
10,594
   
43
   
49
 
Expected return on plan assets
  
(13,600
)
  
(12,606
)
  
   
 
Amortization of actuarial loss
  
3,419
   
4,115
   
21
   
20
 
Net periodic benefit cost
 
$
9,162
  
$
12,156
  
$
64
  
$
69
 
Other Postretirement Benefits [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Cost
The components of net periodic benefit cost for the Company’s postretirement benefit plan for the three months and nine months ended September 30, 2017 and 2016 were as follows (in thousands):
 
  
Other Postretirement
Benefits
  
Other Postretirement
Benefits
 
  
Postretirement Welfare
Plan
  
Postretirement Welfare
Plan
 
  
Three months ended
September 30,
  
Nine months ended
September 30,
 
  
2017
  
2016
  
2017
  
2016
 
Components of net periodic benefit cost:
                
Service cost
 
$
  
$
  
$
  
$
 
Interest cost
  
6
   
7
   
20
   
22
 
Amortization of actuarial gain
  
(166
)
  
(186
)
  
(501
)
  
(560
)
Net periodic benefit cost
 
$
(160
)
 
$
(179
)
 
$
(481
)
 
$
(538
)