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EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2020
Compensation And Retirement Disclosure [Abstract]  
Schedule of Net Periodic Benefit Costs

The net periodic benefit cost for our defined benefit pension plans and supplemental plan (referred to collectively as “Pension Benefits”) is comprised of the following components:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(In thousands)

 

June 30, 2020

 

 

June 30, 2019

 

 

June 30, 2020

 

 

June 30, 2019

 

Pension Benefits:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

$

 

(26

)

$

 

(44

)

$

 

14

 

$

 

12

 

Interest cost

 

 

2,273

 

 

 

914

 

 

 

2,498

 

 

 

1,847

 

Expected return on plan assets

 

 

(2,058

)

 

 

(513

)

 

 

(2,094

)

 

 

(1,076

)

Administrative expenses

 

 

(11

)

 

 

(3

)

 

 

12

 

 

 

7

 

Settlement loss

 

 

323

 

 

 

21

 

 

 

831

 

 

 

92

 

Amortization of net actuarial losses

 

 

35

 

 

 

 

 

 

(9

)

 

 

 

Net periodic pension cost

$

 

536

 

$

 

375

 

$

 

1,252

 

$

 

882