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Pension Benefits (Tables)
6 Months Ended
Jun. 30, 2016
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Components of the net periodic benefit cost for both the Qualified and the Nonqualified Pension Plan
The following table presents the components of the net periodic benefit cost for the Pension Plans:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
 
(in thousands)
Service cost
$
2,113

 
$
2,390

 
$
4,100

 
$
3,974

Interest cost
830

 
700

 
1,454

 
1,248

Expected return on plan assets that reduces periodic pension cost
(573
)
 
(597
)
 
(1,118
)
 
(1,091
)
Amortization of prior service cost
5

 
5

 
9

 
9

Amortization of net actuarial loss
419

 
571

 
791

 
743

Net periodic benefit cost
$
2,794

 
$
3,069

 
$
5,236

 
$
4,883