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COMPONENTS OF PENSION PLAN NET PERIODIC BENEFIT COSTS (Tables)
6 Months Ended
Jun. 30, 2023
Defined benefit pension plan  
Employee Benefit Plans  
Components of net periodic benefit cost

    

Three Months Ended

Six Months Ended

June 30, 

June 30, 

2023

    

2022

    

2023

    

2022

    

(in thousands)

Interest cost

$

1,296

$

936

$

2,591

$

1,868

Expected return on plan assets

 

(1,517)

 

(1,664)

 

(3,115)

 

(3,329)

Amortization of prior service cost

46

46

93

93

Amortization of net loss

 

171

 

489

 

344

 

972

Net periodic benefit credit (1)

$

(4)

$

(193)

$

(87)

$

(396)

(1)Net periodic benefit credit for the Pension Plan is included in the Other income (expense) line item within our condensed consolidated statements of income.