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Pension and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2018
Retirement Benefits [Abstract]  
Schedule of components of net periodic benefit cost
Components of net periodic benefit cost were as follows:
 
 
 
Pension Benefits
 
Postretirement Benefits
 
 
Three months ended June 30,
(in thousands)
 
2018
 
2017
 
2018
 
2017
Components of net periodic benefit cost
 
 
 
 
 
 
 
 
Service cost
 
$
2,259

 
$
2,184

 
$
154

 
$
243

Interest cost
 
2,989

 
2,934

 
118

 
183

Expected return on plan assets
 
(3,198
)
 
(2,934
)
 

 

Settlement expense
 
464

 
185

 

 

Amortization of net (gain) loss
 
732

 
258

 
(419
)
 
(135
)
Amortization of prior service cost (credit)
 
43

 
43

 
(34
)
 
(27
)
Net periodic benefit cost (income)
 
$
3,289


$
2,670


$
(181
)

$
264


 
 
Pension Benefits
 
Postretirement Benefits
 
 
Six months ended June 30,
(in thousands)
 
2018
 
2017
 
2018
 
2017
Components of net periodic benefit cost
 
 
 
 
 
 
 
 
Service cost
 
$
4,702

 
$
4,521

 
$
329

 
$
478

Interest cost
 
5,947

 
5,952

 
245

 
357

Expected return on plan assets
 
(6,477
)
 
(5,947
)
 

 

Settlement expense
 
472

 
316

 

 

Amortization of net (gain) loss
 
1,252

 
297

 
(770
)
 
(301
)
Amortization of prior service cost (credit)
 
87

 
87

 
(68
)
 
(68
)
Net periodic benefit cost (income)
 
$
5,983

 
$
5,226

 
$
(264
)
 
$
466