EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2019

Retirement Benefits [Abstract]

Schedule of Changes in Benefit Obligation

The actuarial recorded liabilities for such unfunded postretirement benefits are as follows:

Change in benefit obligation:

	2019		2018
Benefit obligation at beginning of year	$	1,174	$	1,573
Initial adoption of new plan	—		—
Service cost with interest to end of year	63		78
Interest cost	39		44
Participant contributions	35		40
Benefits paid	(162)		(136)
Actuarial gain	(73)		(425)
Benefit obligation at end of year	$	1,076	$	1,174

Schedule of Changes in Plan Assets

Change in plan assets:

	2019		2018
Fair value of plan assets at beginning of year	$	—	$	—
Employer (reimbursement)/contributions	127		96
Participant contributions	35		40
Benefits paid	(162)		(136)
Fair value of plan assets at end of year	$	—	$	—

Schedule of Amounts Recognized in Consolidated Balance Sheet

Amounts recognized in consolidated balance sheet:

	2019		2018
Accumulated postretirement benefit obligation	$	(1,076)	$	(1,174)
Fair value of plan assets	—		—
Funded status	(1,076)		(1,174)
Unrecognized prior service cost	N/A		N/A
Unrecognized net (gain)/loss	N/A		N/A
Net amount recognized in consolidated balance sheet (after ASC 715) (included in other long-term obligations)	$	1,076	$	1,174
Accrued postretirement benefit cost (included in other long-term obligations)	N/A		N/A

Schedule of Components of Net Periodic Benefit Cost

Components of net periodic benefit cost:

	2019		2018		2017
Service cost with interest to end of year	$	63	$	78	$	67
Interest cost	39		44		46
Amortization of prior service credit	74		74		74
Amortization of gain	(46)		(8)		(15)
Total net periodic benefit cost	$	130	$	188	$	172

Schedule of Estimated Future Employer Contributions and Benefit Payments

Estimated future employer contributions and benefit payments are as follows:

Year
2020	$	79
2021	67
2022	85
2023	76
2024	99
Years 2025-2029	444

Summary of Pension Fund

The Company does not represent more than 5% of the contributions to this pension fund.

Pension Fund	EIN/Pension Plan Number	Pension Plan Protection Act Zone Status		FIP/RP Status Pending/ Implemented	Contributions of Balchem Corporation			Surcharge Imposed	Expiration Date of Collective- Bargaining Agreement
		2019	2018		2019	2018	2017
Central States, Southeast and Southwest Areas Pension Fund	36-6044243	Critical & Declining as of 1/1/19	Critical & Declining as of 1/1/18	Implemented	$676	$614	$594	No	7/11/2020