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RETIREMENT PLANS (Tables)
9 Months Ended
Sep. 30, 2016
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, 2016 and 2015 were as follows (in thousands):

 
Pension Benefits
 
 
Pension Plan
 
SERP
 
 
Three months ended
September 30,
 
Three months ended
September 30,
 
 
2016
 
2015
 
2016
 
2015
 
Components of net periodic benefit cost:
            
Service cost
 
$
3,351
  
$
3,673
  
$
  
$
 
Interest cost
  
3,531
   
3,327
   
16
   
16
 
Expected return on plan assets
  
(4,202
)
  
(4,481
)
  
   
 
Amortization of actuarial loss
  
1,372
   
1,932
   
7
   
7
 
Net periodic benefit cost
 
$
4,052
  
$
4,451
  
$
23
  
$
23
 

 
Pension Benefits
 
 
Pension Plan
 
SERP
 
 
Nine months ended
September 30,
 
Nine months ended
September 30,
 
 
2016
 
2015
 
2016
 
2015
 
Components of net periodic benefit cost:
            
Service cost
 
$
10,053
  
$
11,020
  
$
  
$
 
Interest cost
  
10,594
   
9,983
   
49
   
48
 
Expected return on plan assets
  
(12,606
)
  
(13,449
)
  
   
 
Amortization of actuarial loss
  
4,115
   
5,799
   
20
   
21
 
Net periodic benefit cost
 
$
12,156
  
$
13,353
  
$
69
  
$
69
 
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, 2016 and 2015 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,
 
 
2016
 
2015
 
2016
 
2015
 
Components of net periodic benefit cost:
            
Service cost
 
$
  
$
  
$
  
$
 
Interest cost
  
7
   
9
   
22
   
27
 
Amortization of actuarial gain
  
(186
)
  
(199
)
  
(560
)
  
(594
)
Net periodic benefit cost
 
$
(179
)
 
$
(190
)
 
$
(538
)
 
$
(567
)