RETIREMENT PLANS (Tables)

6 Months Ended

Jun. 30, 2023

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):

	Three months ended								Six months ended
	June 30, 2023				June 30, 2022				June 30, 2023				June 30, 2022
	Pension benefits		Postretirement benefits		Pension benefits		Postretirement benefits		Pension benefits		Postretirement benefits		Pension benefits		Postretirement benefits
Operating expense
Service cost	$	38	$	31	$	57	$	36	$	76	$	62	$	114	$	72
Non-operating expense
Interest cost		593		35		565		33		1,187		70		1,130		66
Expected return on plan assets		(953)		—		(925)		—		(1,905)		—		(1,850)		—
Settlements		—		—		1,725		—		369		—		1,725		—
Net periodic pension expense (benefit)	$	(322)	$	66	$	1,422	$	69	$	(273)	$	132	$	1,119	$	138