PENSION BENEFITS

3 Months Ended

Mar. 31, 2012

PENSION, OTHER POST RETIREMENT BENEFIT AND PROFIT SHARING PLANS [Abstract]

PENSION BENEFITS

NOTE 9 – PENSION BENEFITS

The following table presents the components of net periodic benefit costs for the periods indicated:

	Three months ended
	March 31,
	2012			2011
	(In thousands)
Service cost	$	2,592		$	2,082
Interest cost		2,072			2,028
Expected return on assets		(3,670	)		(3,713	)
Amortization of unrecognized transition amount		5			5
Recognized prior service cost		(192	)		50
Recognized net loss		1,379			578
Net periodic benefit costs	$	2,186		$	1,030