XML 85 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Pension and Severance Plans (Tables)
9 Months Ended
Sep. 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
September 30,
 
For the Nine Months Ended
September 30,
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
Service cost
$
1,101

 
$
1,500

 
$
3,974

 
$
4,373

Interest cost
748

 
842

 
2,321

 
2,363

Expected return on plan assets
(782
)
 
(852
)
 
(2,329
)
 
(2,646
)
Amortization of transition obligation

 
3

 
75

 
7

Amortization of prior service cost
9

 
50

 
108

 
148

Recognized actuarial loss
17

 
33

 
50

 
99

Net periodic pension cost
1,093

 
1,576

 
4,199

 
4,344

Curtailment gain

 
(148
)
 

 
(148
)
Settlement gain

 
(209
)
 

 
(209
)
Total pension expense
$
1,093

 
$
1,219

 
$
4,199

 
$
3,987

Schedule of Korean severance obligation
The balance of our Korean severance obligation consists of the following:
 
September 30,
2014
 
December 31,
2013
 
(In thousands)
Current (Accrued expenses)
$
11,189

 
$
11,197

Non-current (Pension and severance obligations)
139,168

 
133,935

Total Korean severance obligation
$
150,357

 
$
145,132