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Accrued Severance Benefits (Tables)
3 Months Ended
Mar. 31, 2025
Postemployment Benefits [Abstract]  
Changes in Accrued Severance Benefits
Changes in accrued severance benefits are as follows (in thousands):
 
    
Three Months Ended
 
    
March 31,

2025
    
March 31,

2024
 
Beginning balance
   $ 45,594      $ 45,932  
Provisions
     1,514        1,405  
Severance payments
     (325      (884
Translation adjustments
     103        (1,969
  
 
 
    
 
 
 
     46,886        44,484  
Less: Cumulative contributions to severance insurance deposit accounts
     (28,821      (28,954
The National Pension Fund
     (24      (27
  
 
 
    
 
 
 
Accrued severance benefits, net
   $ 18,041      $ 15,503  
  
 
 
    
 
 
 
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
 
2026
   $ 316  
2027
   $ 557  
2028
   $ 375  
2029
   $ 3,063  
2030
   $ 3,468  
2031 – 2036
   $ 21,778