RETIREMENT PLANS (Tables)

9 Months Ended

Sep. 30, 2023

RETIREMENT PLANS

Schedule of components of the plan's net periodic pension cost

The Company recorded the net periodic benefit cost identified below (in thousands):

	Three months ended								Nine months ended
	September 30, 2023				September 30, 2022				September 30, 2023				September 30, 2022
	Pension benefits		Postretirement benefits		Pension benefits		Postretirement benefits		Pension benefits		Postretirement benefits		Pension benefits		Postretirement benefits
Operating expense
Service cost	$	38	$	31	$	57	$	36	$	113	$	62	$	171	$	108
Non-operating expense
Interest cost		593		35		565		33		1,780		70		1,695		99
Expected return on plan assets		(953)		—		(925)		—		(2,858)		—		(2,775)		—
Settlements		—		—		—		—		369		—		1,725		—
Net periodic pension expense (benefit)	$	(322)	$	66	$	(303)	$	69	$	(596)	$	132	$	816	$	207