Accrued Severance Benefits (Tables)

12 Months Ended

Dec. 31, 2021

Postemployment Benefits [Abstract]

Changes in Accrued Severance Benefits

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

	Year Ended December 31,
	2021			2020
Beginning balance	$	54,452		$	53,344
Provisions		8,282			8,534
Severance payments		(6,679	)		(10,937	)
Translation adjustments		(4,488	)		3,511
		51,567			54,452
Less: Cumulative contributions to severance insurance deposit accounts		(18,250	)		(13,704	)
The National Pension Fund		(53	)		(66	)
Group severance insurance plan		(200	)		(220	)
Accrued severance benefits, net	$	33,064		$	40,462

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
2022	$	264
2023		646
2024		908
2025		1,610
2026		2,290
2027 – 2031		18,565