Accrued Severance Benefits (Tables)

9 Months Ended

Sep. 30, 2017

Postemployment Benefits [Abstract]

Changes in Accrued Severance Benefits

Changes in accrued severance benefits are as follows (in thousands):

	Three Months Ended			Nine Months Ended			Three Months Ended			Nine Months Ended
	September 30, 2017						September 30, 2016
Beginning balance	$	130,894		$	130,144		$	132,800		$	135,160
Provisions		4,578			15,354			3,782			13,609
Severance payments		(1,496	)		(19,578	)		(1,076	)		(14,178	)
Translation adjustments		(852	)		7,204			8,350			9,265
		133,124			133,124			143,856			143,856
Less: Cumulative contributions to the National Pension Fund		(243	)		(243	)		(305	)		(305	)
Group severance insurance plan		(593	)		(593	)		(705	)		(705	)
Accrued severance benefits, net	$	132,288		$	132,288		$	142,846		$	142,846

Future Benefits Payments to Employees

The Company is liable to pay the following future benefits to its non-executive employees upon their normal retirement age (in thousands):

	Severance benefit
Remainder of 2017	$	—
2018		—
2019		537
2020		1,004
2021		1,439
2022		1,407
2023 – 2027		19,016