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Pension and Severance Plans (Tables)
6 Months Ended
Jun. 30, 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
June 30,
 
For the Six Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
Service cost
$
1,449

 
$
1,399

 
$
2,873

 
$
2,873

Interest cost
794

 
746

 
1,573

 
1,521

Expected return on plan assets
(781
)
 
(883
)
 
(1,547
)
 
(1,794
)
Amortization of transition obligation

 
2

 
75

 
4

Amortization of prior service cost
50

 
49

 
99

 
98

Recognized actuarial loss
16

 
33

 
33

 
66

Net periodic pension cost
1,528

 
1,346

 
3,106

 
2,768

Schedule of Korean severance obligation
The balance of our Korean severance obligation consists of the following:
 
June 30,
2014
 
December 31,
2013
 
(In thousands)
Current (Accrued expenses)
$
11,794

 
$
11,197

Non-current (Pension and severance obligations)
140,484

 
133,935

Total Korean severance obligation
$
152,278

 
$
145,132