PENSION BENEFITS

3 Months Ended

Mar. 31, 2013

PENSION BENEFITS [Abstract]

PENSION BENEFITS

NOTE 9 – PENSION BENEFITS

The following table presents the components of net periodic benefit costs for the periods indicated:

	Three months ended
	March 31,
	2013			2012
	(In thousands)
Service cost	$	2,684		$	2,592
Interest cost		2,053			2,072
Expected return on assets		(2,743	)		(3,670	)
Amortization of unrecognized transition amount		5			5
Recognized prior service cost		(192	)		(192	)
Recognized net loss		1,524			1,379
Net periodic benefit costs	$	3,331		$	2,186