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Pension and Severance Plans (Tables)
3 Months Ended
Mar. 31, 2014
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
March 31,
 
2014
 
2013
 
(In thousands)
Service cost
$
1,424

 
$
1,474

Interest cost
779

 
775

Expected return on plan assets
(766
)
 
(911
)
Amortization of transition obligation
75

 
2

Amortization of prior service cost
49

 
49

Recognized actuarial loss
17

 
33

Net periodic pension cost
1,578

 
1,422

Schedule of severance obligation
The balance of our Korean severance obligation consists of the following:
 
March 31,
2014
 
December 31,
2013
 
(In thousands)
Current (Accrued expenses)
$
11,414

 
$
11,197

Non-current (Pension and severance obligations)
135,552

 
133,935

Total Korean severance obligation
$
146,966

 
$
145,132