PENSION AND POST RETIREMENT BENEFIT PLANS (Tables)

6 Months Ended

Jun. 30, 2017

Pension and Other Postretirement Benefit Expense [Abstract]

Schedule of Net Pension Benefit Gain

The following table represents the net periodic pension benefit costs and related components in accordance with FASB ASC 715 “Compensation - Retirement Benefits”:

Components of Net Pension Benefit Gain

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in thousands)	2017			2016			2017			2016
Interest and service cost	$	2,138		$	2,350		$	4,276		$	4,700
Expected return on plan assets		(3,342	)		(3,305	)		(6,684	)		(6,610	)
Amortization of net loss		830			816			1,660			1,632
Net periodic benefit	$	(374	)	$	(139	)	$	(748	)	$	(278	)