EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Sep. 30, 2015

EMPLOYEE BENEFIT PLANS

Schedule of reconciliation of the changes in the pension benefit obligations, fair value of Pension Plan assets and statement of the funded status

	2015			2014
	(in thousands)
Accumulated Benefit Obligation	$	107,417		$	111,108
Changes in projected benefit obligations
Projected benefit obligation at beginning of year	$	111,108		$	102,680
Interest cost		4,584			4,763
Actuarial loss		2,741			10,787
Benefits paid		(11,016	)		(7,122	)
Projected benefit obligation at end of year	$	107,417		$	111,108
Change in plan assets
Fair value of plan assets at beginning of year	$	108,157		$	96,818
Actual return on plan assets		(1,324	)		11,132
Employer contribution		2,243			7,329
Benefits paid		(11,016	)		(7,122	)
Fair value of plan assets at end of year	$	98,060		$	108,157
Funded status of the plan at end of year	$	(9,357	)	$	(2,951	)

Schedule of amounts recognized in the Consolidated Balance Sheets

The amounts recognized in the Consolidated Balance Sheets at September 30, 2015 and 2014 are as follows (in thousands):

Accrued liabilities	$	(44	)	$	(62	)
Noncurrent liabilities—other		(9,313	)		(2,889	)
Net amount recognized	$	(9,357	)	$	(2,951	)

Schedule of amounts recognized in Accumulated Other Comprehensive Income and not yet reflected in net periodic benefit cost

The amounts recognized in Accumulated Other Comprehensive Income at September 30, 2015 and 2014, and not yet reflected in net periodic benefit cost, are as follows (in thousands):

Net actuarial loss $ (30,144 ) $ (23,405 )

Schedule of weighted average assumptions used for the pension calculations

	Years Ended September 30,
	2015			2014			2013
Discount rate for net periodic benefit costs		4.32	%		4.80	%		4.06	%
Discount rate for year-end obligations		4.27	%		4.32	%		4.80	%
Expected return on plan assets		6.26	%		6.61	%		7.06	%

Schedule of components of net periodic pension expense (benefit)

	Years Ended September 30,
	2015			2014			2013
	(in thousands)
Interest cost	$	4,584		$	4,763		$	4,339
Expected return on plan assets		(6,855	)		(6,789	)		(6,099	)
Amortization of prior service cost		—			—			1
Recognized net actuarial loss		1,308			873			2,372
Settlement		2,873			1,376			—
Net pension expense (benefit)	$	1,910		$	223		$	613

Schedule of expected benefits to be paid from pension plan

The following table reflects the expected benefits to be paid from the Pension Plan in each of the next five fiscal years, and in the aggregate for the five years thereafter (in thousands).

Years Ended September 30,
2016	2017	2018	2019	2020	2021 - 2025	Total
$5,855	$5,547	$6,441	$6,560	$7,879	$33,540	$65,822

Schedule of target allocation and the asset allocation for the Pension Plan

	Target Allocation			Percentage of Plan Assets At September 30,
Asset Category	2016			2015			2014
U.S. equities		55	%		59	%		61	%
International equities		13			13			12
Fixed income		27			23			25
Real estate and other		5			5			2
Total		100	%		100	%		100	%

Schedule of fair value of plan assets, summarized by level within fair value hierarchy

	Fair Value as of September 30, 2015
	Total		Level 1		Level 2		Level 3
	(in thousands)
Short-term investments	$	2,248	$	2,248	$	—	$	—
Mutual funds:
Domestic stock funds		40,072		40,072		—		—
Bond funds		25,344		25,344		—		—
International stock funds		12,644		12,644		—		—
Total mutual funds		78,060		78,060		—		—
Domestic common stock		15,883		15,883		—		—
Foreign equity stock		1,482		1,482		—		—
Oil and gas properties		387		—		—		387
Total	$	98,060	$	97,673	$	—	$	387

	Fair Value as of September 30, 2014
	Total		Level 1		Level 2		Level 3
	(in thousands)
Short-term investments	$	2,250	$	2,250	$	—	$	—
Mutual funds:
Domestic stock funds		55,054		55,054		—		—
Bond funds		24,722		24,722		—		—
International stock funds		8,731		8,731		—		—
Total mutual funds		88,507		88,507		—		—
Domestic common stock		15,733		15,733		—		—
Foreign equity stock		1,366		1,366		—		—
Oil and gas properties		301		—		—		301
Total	$	108,157	$	107,856	$	—	$	301

Summary of changes in fair value of plan's Level 3 assets

	Oil and Gas Properties
	Years Ended September 30,
	2015		2014
	(in thousands)
Balance, beginning of year	$	301	$	287
Unrealized gains (losses) relating to property still held at the reporting date		86		14
Balance, end of year	$	387	$	301