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RETIREMENT PLANS (Tables)
6 Months Ended
Jun. 30, 2022
RETIREMENT PLANS  
Schedule of components of the plan's net periodic pension cost

The Company recorded the net periodic benefit cost identified below (in thousands):

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Three months ended

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Six months ended

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June 30, 2022

    

June 30, 2021

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June 30, 2022

    

June 30, 2021

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Pension benefits

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Postretirement benefits

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Pension benefits

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Postretirement benefits

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Pension benefits

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Postretirement benefits

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Pension benefits

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Postretirement benefits

Operating expense

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Service cost

$

57

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$

36

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$

54

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$

35

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$

114

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$

72

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$

108

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$

70

Non-operating expense

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​

​

​

​

​

​

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​

​

​

​

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​

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Interest cost

​

565

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​

33

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​

572

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​

41

​

​

1,130

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​

66

​

​

1,144

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​

82

Expected return on plan assets

 

(925)

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—

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(687)

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—

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(1,850)

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—

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(1,374)

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—

Settlements

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(1,725)

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—

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—

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—

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(1,725)

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—

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—

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—

Net periodic pension expense (benefit)

$

(2,028)

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$

69

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$

(61)

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$

76

​

$

(2,331)

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$

138

​

$

(122)

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$

152

​