Quarterly report pursuant to Section 13 or 15(d)

PENSION AND POST RETIREMENT BENEFIT PLANS (Tables)

v3.8.0.1
PENSION AND POST RETIREMENT BENEFIT PLANS (Tables)
3 Months Ended
Mar. 31, 2018
Retirement Benefits [Abstract]  
Components of net periodic benefit
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
March 31,
(in thousands)
2018
 
2017
Interest and service cost
$
1,995

 
$
2,138

Expected return on plan assets
(3,443
)
 
(3,342
)
Amortization of net loss
826

 
830

Net periodic benefit
$
(622
)
 
$
(374
)