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PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)
6 Months Ended
Jun. 30, 2016
Pension and Other Postretirement Benefit Expense [Abstract]  
Schedule of components of the net periodic benefit cost
The following table sets forth the components of the net periodic benefit cost for the Company's pension and other postretirement benefit plans (in thousands):
 
Pension Benefits
 
Other Benefits
 
Three Months Ended June 30,
 
Three Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Service cost
$
468

 
$
1,887

 
$

 
$
4

Interest cost
2,416

 
3,114

 
49

 
80

Expected return on plan assets
(3,612
)
 
(3,655
)
 

 

Amortization of prior service credit

 

 
(280
)
 
(72
)
Recognized actuarial loss (gain)
123

 
2,166

 
(62
)
 
92

Net periodic benefit (income) cost
$
(605
)
 
$
3,512

 
$
(293
)
 
$
104

 
Pension Benefits
 
Other Benefits
 
Six Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Service cost
$
936

 
$
3,774

 
$

 
$
8

Interest cost
4,832

 
6,228

 
98

 
160

Expected return on plan assets
(7,224
)
 
(7,310
)
 

 

Amortization of prior service credit

 

 
(560
)
 
(144
)
Recognized actuarial loss (gain)
246

 
4,332

 
(124
)
 
184

Net periodic benefit (income) cost
$
(1,210
)
 
$
7,024

 
$
(586
)
 
$
208