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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2018
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
PENSION BENEFITS:
 
 
 
YEAR ENDED
DECEMBER 31,
 
  
 
2018
 
 
2017
 
  
 
(IN THOUSANDS)
 
CHANGE IN BENEFIT OBLIGATION:
 
 
 
 
 
 
 
 
Benefit obligation at beginning of year
 
$
41,013
 
 
$
38,637
 
Service cost
 
 
1,482
 
 
 
1,516
 
Interest cost
 
 
1,273
 
 
 
1,292
 
Actuarial (gain) loss
 
 
823
 
 
 
1,588
 
Special/contractual termination benefits
 
 
63
 
 
 
 
Benefits paid
 
 
(3,560
)
 
 
(2,020
)
Benefit obligation at end of year
 
 
41,094
 
 
 
41,013
 
CHANGE IN PLAN ASSETS:
 
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
 
 
37,100
 
 
 
30,671
 
Actual return on plan assets
 
 
(1,062
)
 
 
4,949
 
Employer contributions
 
 
6,000
 
 
 
3,500
 
Benefits paid
 
 
(3,560
 
 
(2,020
)
Fair value of plan assets at end of year
 
 
38,478
 
 
 
37,100
 
Funded status of the plan
 
$
(2,616
)
 
$
(3,913
)
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
AMOUNTS NOT YET RECOGNIZED AS A COMPONENT OF NET PERIODIC PENSION COST:
 
 
 
 
 
 
 
 
Amounts recognized in accumulated other comprehensive loss consists of:
 
 
 
 
 
 
 
 
Net actuarial loss
 
$
18,461
 
 
$
15,326
 
Total
 
$
18,461
 
 
$
15,326
 
Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]
ACCUMULATED BENEFIT OBLIGATION:
 
 
 
 
 
 
 
 
Accumulated benefit obligation
 
$
37,695
 
 
$
37,594
 
Schedule Of Assumptions Used To Calculate Benefit Obligations [Table Text Block]
The weighted-average assumptions used to determine benefit obligations at December 31, 2018 and 2017 were as follows:
 
 
 
YEAR ENDED
DECEMBER 31,
 
 
 
2018
 
 
2017
 
WEIGHTED AVERAGE ASSUMPTIONS:
 
 
 
 
 
 
Discount rate
 
 
4.28
%
 
 
3.63
%
Salary scale
 
 
2.50
 
 
 
2.50
 
Schedule of Net Benefit Costs [Table Text Block]
 
 
YEAR ENDED DECEMBER 31,
 
 
 
2018
 
 
2017
 
 
2016
 
 
 
(IN THOUSANDS)
 
COMPONENTS OF NET PERIODIC BENEFIT COST:
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
1,482
 
 
$
1,516
 
 
$
1,468
 
Interest cost
 
 
1,273
 
 
 
1,292
 
 
 
1,430
 
Expected return on plan assets
 
 
(2,798
)
 
 
(2,539
)
 
 
(2,275
)
Special termination benefit liability
 
 
63
 
 
 
 
 
 
 
Recognized net actuarial loss
 
 
1,548
 
 
 
1,454
 
 
 
1,333
 
Net periodic pension cost
 
$
1,568
 
 
$
1,723
 
 
$
1,956
 
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS RECOGNIZED IN OTHER COMPREHENSIVE LOSS
 
 
 
 
 
 
 
 
 
 
 
 
Net (gain) loss
 
$
4,683
 
 
$
(822
)
 
$
6,505
 
Recognized loss
 
 
(1,548
)
 
 
(1,454
)
 
 
(1,333
)
Total recognized in other comprehensive loss before tax effect
 
$
3,135
 
 
$
(2,276
)
 
$
5,172
 
Total recognized in net benefit cost and other comprehensive loss before tax effect
 
$
4,703
 
 
$
(553
)
 
$
7,128
 
Schedule Of Assumptions Used To Calculate Net Periodic Benefit Cost [Table Text Block]
The weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31, 2018, 2017 and 2016 were as follows:
 
 
YEAR ENDED DECEMBER 31,
 
  
 
2018
 
 
2017
 
 
2016
 
WEIGHTED AVERAGE ASSUMPTIONS:
 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
 
 
3.63
%
 
 
4.12
%
 
 
4.20
%
Expected return on plan assets
 
 
7.50
 
 
 
7.75
 
 
 
7.75
 
Rate of compensation increase
 
 
2.50
 
 
 
2.50
 
 
 
2.50
 
Schedule of Allocation of Plan Assets [Table Text Block]
The plan’s measurement date is December 31, 2018. This plan’s asset allocations at December 31, 2018 and 2017, by asset category are as follows:
 
 
YEAR ENDED

DECEMBER 31,
 
  
 
2018
 
 
2017
 
ASSET CATEGORY:
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
 
49
%
 
 
%
Domestic equities
 
 
7
 
 
 
12
 
Mutual funds/ETFs
 
 
42
 
 
 
82
 
International equities
 
 
 
 
 
4
 
Corporate bonds
 
 
2
 
 
 
2
 
Total
 
 
100
%
 
 
100
%
Schedule Of Fair Value Of Plan Assets [Table Text Block]
The major categories of assets in the Company’s Pension Plan as of year-end are presented in the following table. Assets are segregated by the level of the valuation inputs within the fair value hierarchy established by ASC Topic 820 utilized to measure fair value.
 
 
YEAR ENDED DECEMBER 31,
 
  
 
2018
 
 
2017
 
  
 
(IN THOUSANDS)
 
Level 1:
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
18,939
 
 
$
44
 
Domestic equities
 
 
2,841
 
 
 
4,340
 
Mutual funds/ETFs
 
 
15,808
 
 
 
30,470
 
International equities
 
 
 
 
 
1,322
 
Level 2:
 
 
 
 
 
 
 
 
Corporate bonds
 
 
890
 
 
 
924
 
Total fair value of plan assets
 
$
38,478
 
 
$
37,100
 
Schedule of Expected Benefit Payments [Table Text Block]
The following benefit payments, which reflect future service, as appropriate, are expected to be paid.
YEAR:
 
ESTIMATED FUTURE

BENEFIT PAYMENTS
 
  
 
(IN THOUSANDS)
 
2019
 
$
2,974
 
2020
 
 
3,362
 
2021
 
 
3,100
 
2022
 
 
3,661
 
2023
 
 
3,357
 
Years 2024 – 2028
 
 
15,340