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Pension and Severance Plans (Tables)
3 Months Ended
Mar. 31, 2012
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,
 
2012
 
2011
 
(In thousands)
Components of net periodic pension cost and total pension expense:
 

 
 

Service cost
$
1,701

 
$
1,628

Interest cost
821

 
909

Expected return on plan assets
(783
)
 
(875
)
Amortization of transition obligation
2

 
2

Amortization of prior service cost
70

 
78

Recognized actuarial loss
51

 
22

Net periodic pension cost
1,862

 
1,764

Curtailment loss
1,089

 

Settlement gain
(100
)
 

Total pension expense
$
2,851

 
$
1,764


Schedule of severance obligation
The balance of our Korean severance obligation consists of the following:
 
March 31,
2012
 
December 31,
2011
 
(In thousands)
Current (Accrued expenses)
$
7,224

 
$
7,476

Non-current (Pension and severance obligations)
100,135

 
99,000

Total Korean severance obligation
$
107,359

 
$
106,476