EMPLOYEE BENEFIT PLANS (Details 5) - USD ($) $ in Thousands |
12 Months Ended | ||
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Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2017 |
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Employee Benefit Plans | |||
Service cost | $ 37 | $ 58 | |
Interest cost | 4,805 | 7,926 | 8,493 |
Expected return on plan assets | (6,149) | (13,775) | (13,368) |
Amortization of net loss | 2,396 | 3,292 | 3,322 |
Preliminary net periodic benefit cost/(income) | 1,052 | (2,520) | (1,495) |
Settlement expense | 46,419 | 53 | |
Net periodic benefit cost/(income) | $ 47,471 | $ (2,520) | $ (1,442) |
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- References No definition available.
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- Definition Net Periodic Benefit Cost (Credit) Before Gain (Loss) Due to Settlement and Curtailment No definition available.
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- Definition Amount of gain (loss) recognized in net periodic benefit (cost) credit of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of payment, which decreases benefit obligation of defined benefit plan, for irrevocable action relieving primary responsibility for benefit obligation and eliminating risk for obligation and assets used to effect settlement. Transaction constituting settlement includes, but is not limited to, making lump-sum cash payment to participant in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contract. Excludes decreases to benefit obligation for remeasurement due to settlement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expected return (loss) recognized in net periodic benefit (cost) credit, calculated based on expected long-term rate of return and market-related value of plan assets of defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cost recognized for passage of time related to defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of net periodic benefit cost (credit) for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cost for actuarial present value of benefits attributed to service rendered by employee for defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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