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Accrued Severance Benefits (Tables)
12 Months Ended
Dec. 31, 2014
Postemployment Benefits [Abstract]  
Changes in Accrued Severance Benefits

Changes in accrued severance benefits are as follows:

 

     Year Ended December 31,  
     2014      2013  

Beginning balance

   $ 135,356       $ 116,036   

Provisions

     17,703         23,169   

Severance payments

     (6,650      (6,130

Translation adjustments

     (6,003      2,281   
  

 

 

    

 

 

 
     140,405         135,356   

Less: cumulative contributions to the National Pension Fund

     (346      (383

Group severance insurance plan

     (770      (801
  

 

 

    

 

 

 
   $ 139,289       $ 134,172   
  

 

 

    

 

 

 
Future Benefits Payments to Employees

The Company is liable to pay the following future benefits to its employees upon their normal retirement age:

 

     Severance
Benefit
 

2015

   $ 294   

2016

     1,154   

2017

     1,714   

2018

     2,937   

2019

     2,263   

2020 – 2024

     23,798