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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended
Jan. 31, 2015
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Calculation of basic earnings per share:          
Net income   $ 63,840   $ 126,701  
Calculation of diluted earnings per share:          
Net income   $ 63,840   $ 126,701  
Predecessor          
Calculation of basic earnings per share:          
Net income $ 1,509   $ 107,977   $ 191,616
Average shares issued and outstanding 79,343,253   78,852,583   78,740,416
Issuable under various deferred compensation plans (in shares) 1,109,595   1,126,570   1,054,415
Weighted shares outstanding - basic 80,452,848   79,979,153   79,794,831
Per share:          
Net income available to PLC's common shareowners - basic (in dollars per share) $ 0.02   $ 1.35   $ 2.40
Calculation of diluted earnings per share:          
Net income $ 1,509   $ 107,977   $ 191,616
Weighted shares outstanding - basic 80,452,848   79,979,153   79,794,831
Stock appreciation rights ("SARs") (in shares) 64,570   492,463   479,430
Issuable under various other stock-based compensation plans (in shares) 935,382   716,327   641,411
Restricted stock units (in shares) 306,487   258,334   245,128
Weighted shares outstanding - diluted 81,759,287   81,446,277   81,160,800
Per share:          
Net income available to PLC's common shareowners - diluted (in dollars per share) $ 0.02   $ 1.33   $ 2.36