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Retirement Plans
 6 Months Ended
Jun. 30, 2014
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Retirement Plans
RETIREMENT PLANS
The following discloses the net periodic benefit cost (credit) and its components for the Company’s pension and postretirement plans:
 
 
Pension benefits
 
Supplemental
retirement
benefits
 
Postretirement
benefits
 
Pension benefits
 
Supplemental
retirement
benefits
 
Postretirement
benefits
(In thousands)
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
—


$
—

 
$
—

 
$
—

 
$
8

 
$
8

 
$
—

 
$
—

 
$
—

 
$
—

 
$
16

 
$
16

Interest cost
 
1,880


1,739

 
113


101

 
12

 
10

 
3,760

 
3,478

 
227

 
202

 
23

 
20

Expected return on plan assets
 
(3,326
)

(3,027
)
 
 
 
 
 
 
 
 
 
(6,652
)
 
(6,055
)
 
 
 
 
 
 
 
 
Amortization of prior service
cost (credit)
 
 
 
 
 
13


31

 
—

 
(37
)
 
 
 
 
 
25

 
62

 
—

 
(75
)
Amortization of net actuarial
(gain) loss
 
797


2,157

 
5


17

 
(18
)
 
(19
)
 
1,593

 
4,315

 
10

 
35

 
(35
)
 
(38
)
Net periodic benefit cost (credit)
 
$
(649
)
 
$
869

 
$
131

 
$
149

 
$
2

 
$
(38
)
 
$
(1,299
)
 
$
1,738

 
$
262

 
$
299

 
$
4

 
$
(77
)


As disclosed in the Company’s 2013 Annual Report on Form 10-K, the Company has frozen its participation and benefit accruals for the pension plan and its contributions for individual benefit payments in the postretirement benefit plan.