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Pension and Severance Plans (Tables)
9 Months Ended
Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]  
Components of net periodic pension cost
The components of net periodic pension cost for these defined benefit plans are as follows:
 
For the Three Months Ended
September 30,
 
For the Nine Months Ended
September 30,
 
2013
 
2012
 
2013
 
2012
 
(In thousands)
Components of net periodic pension cost and total pension expense:
 

 
 

 
 

 
 

Service cost
$
1,500

 
$
1,561

 
$
4,373

 
$
4,789

Interest cost
842

 
817

 
2,363

 
2,439

Expected return on plan assets
(852
)
 
(800
)
 
(2,646
)
 
(2,370
)
Amortization of transition obligation
3

 
2

 
7

 
6

Amortization of prior service cost
50

 
54

 
148

 
179

Recognized actuarial loss
33

 
51

 
99

 
154

Net periodic pension cost
1,576

 
1,685

 
4,344

 
5,197

Curtailment (gain) loss
(148
)
 

 
(148
)
 
1,089

Settlement gain
(209
)
 

 
(209
)
 
(100
)
Total pension expense
$
1,219

 
$
1,685

 
$
3,987

 
$
6,186

Schedule of severance obligation
The balance of our Korean severance obligation consists of the following:
 
September 30,
2013
 
December 31,
2012
 
(In thousands)
Current (Accrued expenses)
$
10,411

 
$
9,516

Non-current (Pension and severance obligations)
127,590

 
116,997

Total Korean severance obligation
$
138,001

 
$
126,513