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EMPLOYEE BENEFITS (Tables) | 6 Months Ended
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Jun. 30, 2015
EMPLOYEE BENEFITS |
Components of net periodic benefit cost/(recovery) |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | Pension Benefits |  |  | SERP Benefits |  |  | Pension Benefits |  |  | SERP Benefits |
(In thousands) |  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Service cost |  | $ | 283 |  |  | $ | 227 |  |  | $ | 42 |  |  | $ | 33 |  |  | $ | 562 |  |  | $ | 451 |  |  | $ | 83 |  |  | $ | 66 |
Interest cost |  |  | 176 |  |  |  | 160 |  |  |  | 23 |  |  |  | 22 |  |  |  | 351 |  |  |  | 318 |  |  |  | 45 |  |  |  | 44 |
Expected return on plan assets |  |  | (458 | ) |  |  | (406 | ) |  |  | - |  |  |  | - |  |  |  | (912 | ) |  |  | (808 | ) |  |  | - |  |  |  | - |
Amortization of net loss |  |  | 94 |  |  |  | 7 |  |  |  | 8 |  |  |  | - |  |  |  | 187 |  |  |  | 14 |  |  |  | 16 |  |  |  | - |
Amortization of unrecognized prior service cost |  |  | (19 | ) |  |  | (19 | ) |  |  | - |  |  |  | - |  |  |  | (38 | ) |  |  | (39 | ) |  |  | - |  |  |  | - |
Amortization of unrecognized transition obligation |  |  | - |  |  |  | - |  |  |  | 7 |  |  |  | 7 |  |  |  | - |  |  |  | - |  |  |  | 14 |  |  |  | 14 |
Net periodic benefit cost (credit) |  | $ | 76 |  |  | $ | (31 | ) |  | $ | 80 |  |  | $ | 62 |  |  | $ | 150 |  |  | $ | (64 | ) |  | $ | 158 |  |  | $ | 124 |

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- Definition 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, gain (loss) recognized due to settlements or curtailments and disclosure of the net gain (loss), net prior service cost, transition obligation, amortization of net gain/loss, amortization of prior service cost or credit and amortization of transition obligation or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans. + References No definition available. + Details
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- References No definition available. + Details
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