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Pension Benefits (Tables)
6 Months Ended
Jun. 30, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Components of the net periodic benefit cost for both the Qualified and the Nonqualified Pension Plan
The following table presents the components of the net periodic benefit cost for the Pension Plans:
 
For the Three Months Ended 
 June 30,
 
For the Six Months Ended 
 June 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands)
Service cost
$
1,269

 
$
2,113

 
$
3,319

 
$
4,100

Interest cost
617

 
830

 
1,344

 
1,454

Expected return on plan assets that reduces periodic pension benefit cost
(563
)
 
(573
)
 
(1,122
)
 
(1,118
)
Amortization of prior service cost
5

 
5

 
9

 
9

Amortization of net actuarial loss
253

 
419

 
649

 
791

Net periodic benefit cost
$
1,581

 
$
2,794

 
$
4,199

 
$
5,236