Naomi Watts & Liev Schreiber Name Baby Samuel

12/15/2008 at 08:00 PM EST

Naomi Watts & Liev Schreiber Name Baby Samuel
Watts and Schreiber in 2007
Stuart Ramson/AP

Naomi Watts

Naomi Watts

Naomi Watts and Liev Schreiber have revealed more details about their newborn son, starting with his name: Samuel Kai Schreiber.

Samuel – the couple's second child after year-old son Alexander Pete Schreiber – was born Saturday and weighed 7 lbs., 13 oz., the couple's rep tells PEOPLE.

"Both mom and baby are doing great," the rep says.

Reporting by LIZA HAMM

Samuel joins big brother Sasha! Leave your congrats for the couple here

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