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EMPLOYEE BENEFIT PLANS (Tables)
3 Months Ended
Dec. 31, 2020
Retirement Benefits [Abstract]  
Schedule of Components of Net Periodic Benefit Cost
The following provides information at December 31, 2020 and 2019, related to the Company-sponsored domestic defined benefit pension plan, the Helmerich & Payne, Inc. Employee Retirement Plan (the “Pension Plan”):
Three Months Ended
December 31,
(in thousands)20202019
Interest cost$753 $1,097 
Expected return on plan assets(967)(1,381)
Recognized net actuarial loss590 669 
Settlement1,015 — 
Net pension expense$1,391 $385