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EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2011
EMPLOYEE BENEFIT PLANS  
Components of the net periodic benefit cost of the Company's defined benefit pension plan and unfunded excess benefits plan

 

 

 

 

For The

 

For The

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

 

 

(Dollars In Thousands)

 

Service cost — benefits earned during the period

 

$

2,194

 

$

2,068

 

$

4,388

 

$

4,136

 

Interest cost on projected benefit obligation

 

2,508

 

2,357

 

5,016

 

4,714

 

Expected return on plan assets

 

(2,512

)

(2,312

)

(5,024

)

(4,624

)

Amortization of prior service cost

 

(98

)

(98

)

(196

)

(196

)

Amortization of actuarial losses

 

1,388

 

1,026

 

2,776

 

2,052

 

Total benefit cost

 

$

3,480

 

$

3,041

 

$

6,960

 

$

6,082