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RETIREMENT PLANS (Tables)
3 Months Ended
Mar. 31, 2023
RETIREMENT PLANS  
Schedule of components of the plan's net periodic pension cost

The Company recorded the net periodic benefit cost identified below (in thousands):

Three months ended

March 31, 2023

    

March 31, 2022

Pension benefits

Postretirement benefits

Pension benefits

Postretirement benefits

Operating expense

Service cost

$

38

$

31

$

57

$

36

Non-operating expense

Interest cost

593

35

565

33

Expected return on plan assets

 

(953)

 

(925)

 

Settlements

369

Net periodic pension expense (benefit)

$

47

$

66

$

(303)

$

69