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PENSION BENEFITS (Tables)
3 Months Ended
Jun. 30, 2015
PENSION BENEFITS [Abstract]  
Components Of Net Periodic Benefit Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

 

June 30,

 

June 30,

 

 

2015

 

2014

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

Service cost

 

$    2,615

 

$    2,234

 

$    5,230

 

$    4,468

Interest cost

 

2,588 

 

2,339 

 

5,176 

 

4,678 

Expected return on assets

 

(2,693)

 

(2,634)

 

(5,387)

 

(5,268)

Amortization of unrecognized transition amount

 

 -

 

 

 -

 

10 

Recognized prior service cost

 

(180)

 

(192)

 

(359)

 

(384)

Recognized net loss

 

1,976 

 

926 

 

3,952 

 

1,852 

Net periodic benefit costs

 

$    4,306

 

$    2,678

 

$    8,612

 

$    5,356