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RETIREMENT PLANS (Tables)
6 Months Ended
Jun. 30, 2025
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

  

Six months ended

June 30, 2025

   

June 30, 2024

    

June 30, 2025

   

June 30, 2024

Pension benefits

Postretirement benefits

Pension benefits

Postretirement benefits

Pension benefits

Postretirement benefits

Pension benefits

Postretirement benefits

Operating expense

Service cost

$

20

$

19

$

22

$

16

$

40

$

38

$

45

$

33

Non-operating expense

Interest cost

795

49

824

45

1,591

98

1,649

90

Expected return on plan assets

 

(749)

 

(729)

 

 

(1,500)

 

(1,459)

 

Amortization of unrecognized actuarial gain

(44)

(14)

(11)

(28)

(87)

(27)

(21)

(56)

Net periodic pension expense (benefit)

$

22

$

54

$

106

$

33

$

44

$

109

$

214

$

67