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RETIREMENT PLANS (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2015 and 2014 were as follows (in thousands):
 
   
Pension Benefits
 
   
Pension Plan
   
SERP
 
   
Three months ended
September 30,
   
Three months ended
September 30,
 
   
2015
   
2014
   
2015
   
2014
 
Components of net periodic benefit cost:
                
Service cost
 
$
3,673
  
$
2,660
  
$
  
$
 
Interest cost
  
3,327
   
3,208
   
16
   
18
 
Expected return on plan assets
  
(4,481
)
  
(4,712
)
  
   
 
Amortization of actuarial loss
  
1,932
   
175
   
7
   
4
 
Net periodic benefit cost
 
$
4,451
  
$
1,331
  
$
23
  
$
22
 
 
   
Pension Benefits
 
   
Pension Plan
   
SERP
 
   
Nine months ended
September 30,
   
Nine months ended
September 30,
 
   
2015
   
2014
   
2015
   
2014
 
Components of net periodic benefit cost:
                
Service cost
 
$
11,020
  
$
7,983
  
$
  
$
 
Interest cost
  
9,983
   
9,629
   
48
   
55
 
Expected return on plan assets
  
(13,449
)
  
(14,143
)
  
   
 
Amortization of actuarial loss
  
5,799
   
526
   
21
   
12
 
Net periodic benefit cost
 
$
13,353
  
$
3,995
  
$
69
  
$
67
 
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 nine months ended September 30, 2015 and 2014 were as follows (in thousands):
 
   
Other Postretirement
Benefits
   
Other Postretirement
Benefits
 
   
Postretirement Welfare Plan
   
Postretirement Welfare Plan
 
   
Three months ended
September 30,
   
Nine months ended
September 30,
 
   
2015
   
2014
   
2015
   
2014
 
Components of net periodic benefit cost:
                
Service cost
 
$
  
$
  
$
  
$
 
Interest cost
  
9
   
27
   
27
   
82
 
Amortization of actuarial gain
  
(199
)
  
(162
)
  
(594
)
  
(486
)
Net periodic benefit cost
 
$
(190
)
 
$
(135
)
 
$
(567
)
 
$
(404
)