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RETIREMENT PLANS (Tables)
6 Months Ended
Jun. 30, 2015
Pension Benefits [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Cost
The components of net periodic benefit cost for the Company’s defined benefit plans for the three months and six months ended June 30, 2015 and 2014 were as follows (in thousands):
 
 
Pension Benefits
 
 
Pension Plan
 
SERP
 
 
Three months ended
June 30,
 
Three months ended
June 30,
 
 
2015
 
2014
 
2015
 
2014
 
Components of net periodic benefit cost:
    
Service cost
 
$
3,517
  
$
2,556
  
$
  
$
 
Interest cost
  
3,302
   
3,198
   
16
   
19
 
Expected return on plan assets
  
(4,485
)
  
(4,718
)
  
   
 
Amortization of actuarial loss
  
1,903
   
155
   
7
   
4
 
Net periodic benefit cost
 
$
4,237
  
$
1,191
  
$
23
  
$
23
 
 
 
Pension Benefits
 
 
Pension Plan
 
SERP
 
 
Six months ended
June 30,
 
Six months ended
June 30,
 
 
2015
 
2014
 
2015
 
2014
 
Components of net periodic benefit cost:
    
Service cost
 
$
7,347
  
$
5,323
  
$
  
$
 
Interest cost
  
6,656
   
6,421
   
32
   
37
 
Expected return on plan assets
  
(8,968
)
  
(9,431
)
  
   
 
Amortization of actuarial loss
  
3,867
   
351
   
14
   
8
 
Net periodic benefit cost
 
$
8,902
  
$
2,664
  
$
46
  
$
45
 

Other Postretirement Benefits [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Cost
The components of net periodic benefit cost for the Company’s postretirement benefit plan for the three months and six months ended June 30, 2015 and 2014 were as follows (in thousands):

 
Other Postretirement
Benefits
 
Other Postretirement
Benefits
 
 
Postretirement Welfare Plan
 
Postretirement Welfare Plan
 
 
Three months ended
June 30,
 
Six months ended
June 30,
 
 
2015
 
2014
 
2015
 
2014
 
Components of net periodic benefit cost:
    
Service cost
 
$
  
$
  
$
  
$
 
Interest cost
  
5
   
27
   
18
   
55
 
Amortization of actuarial gain
  
(222
)
  
(161
)
  
(395
)
  
(324
)
Net periodic benefit cost
 
$
(217
)
 
$
(134
)
 
$
(377
)
 
$
(269
)