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OTHER COMPREHENSIVE INCOME (Tables)
3 Months Ended
Mar. 31, 2018
OTHER COMPREHENSIVE INCOME [Abstract]  
Schedule of Changes in Other Comprehensive Income
The Company’s changes in other comprehensive income for the three months ended March 31, 2018 and 2017 were as follows (in thousands):
 
  
Three months ended March 31,
 
  
2018
  
2017
 
   
Gross
Amount
  
Income Tax
(Provision)
Benefit
  
Net Amount
  
Gross
Amount
  
Income Tax
(Provision)
Benefit
  
Net Amount
 
Pension and postretirement benefits (a):
                  
Amortization of net actuarial loss
 
$
568
  
$
(138
)
 
$
430
  
$
1,209
  
$
(463
)
 
$
746
 
Adoption of ASU 2018-02 – reclassification to retained earnings
  
   
(7,925
)
  
(7,925
)
  
   
   
 
Foreign currency translation
  
420
   
   
420
   
   
   
 
Total
 
$
988
  
$
(8,063
)
 
$
(7,075
)
 
$
1,209
  
$
(463
)
 
$
746
 
 
  (a)
Actuarial losses are amortized into other income (expense). (See Note 13 – Retirement Plans)