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PENSION AND POSTRETIREMENT PLANS (Tables)
9 Months Ended
Sep. 30, 2014
Pension and Other Postretirement Benefit Expense [Abstract]  
Summary of the components of net periodic pension benefit costs
A summary of the components of net periodic pension benefit costs for the three and nine months ended September 30, 2014 and 2013 is presented below (in thousands):
 
Pension Benefits
 
Postretirement Benefits
 
Three Months Ended 
 September 30,
 
Three Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Service cost
$
352

 
$
348

 
$
3

 
$
4

Interest cost
2,107

 
1,843

 
22

 
23

Expected return on plan assets
(2,477
)
 
(2,366
)
 

 

Amortization of prior service credit
(99
)
 
(103
)
 

 
(64
)
Amortization of transition asset
(69
)
 
(68
)
 

 

Amortization of actuarial loss (gain)
431

 
804

 
(14
)
 
(1
)
Net periodic cost (benefit)
$
245

 
$
458

 
$
11

 
$
(38
)

 
Pension Benefits
 
Postretirement Benefits
 
Nine Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Service cost
$
1,078

 
$
1,038

 
$
9

 
$
12

Interest cost
6,351

 
5,521

 
66

 
69

Expected return on plan assets
(7,473
)
 
(7,083
)
 

 

Amortization of prior service credit
(303
)
 
(307
)
 

 
(192
)
Amortization of transition asset
(211
)
 
(203
)
 

 

Amortization of loss (gain)
1,302

 
2,405

 
(42
)
 
(3
)
Net periodic cost (benefit)
$
744

 
$
1,371

 
$
33

 
$
(114
)