Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Taxes [Abstract]

Income From Continuing Operations Before Income Taxes

Income before income taxes is categorized geographically as follows:

	Year Ended December 31,
	2021		2020		2019
	(In thousands)
United States	$	489,395	$	457,830	$	452,793
Foreign	292,824		292,414		305,983
Total income before income taxes	$	782,219	$	750,244	$	758,776

Components Of Provision For Income Taxes

The provision for income taxes consisted of the following:

	Year Ended December 31,
	2021		2020		2019
	(In thousands)
Current expense (benefit):
Federal	$	97,420	$	(123,933)	$	74,283
State	32,188		10,522		2,069
Foreign, including withholding tax	29,834		29,152		31,385
	159,442		(84,259)		107,737
Deferred expense (benefit):
Federal	3,906		4,348		30,462
State	(200)		17,388		22,899
Foreign	(165,759)		(2,121)		(14,621)
	(162,053)		19,615		38,740
Total income tax (benefit) expense	$	(2,611)	$	(64,644)	$	146,477

Reconciliation Of Income Tax At Effective Income Tax Rate

The difference between income tax (benefit) expense and the amount resulting from applying the federal statutory rate of 21% to Income before income taxes is attributable to the following:

	Year Ended December 31,
	2021		2020		2019
	(In thousands)
Income tax expense at federal statutory rate	$	164,266	$	157,551	$	159,343
State taxes, net of federal benefit	25,527		23,167		20,573
Effect of non-U.S. operations	(23,255)		(27,691)		(25,178)
Intercompany non-U.S. intellectual property transfer	(165,517)		—		—
Remeasurement of unrecognized tax benefits	(5,095)		(204,673)		7,365
Stock-based compensation	1,333		(8,643)		(9,204)
Other	130		(4,355)		(6,422)
Total income tax (benefit) expense	$	(2,611)	$	(64,644)	$	146,477

Summary Of Deferred Tax Assets And Liabilities

The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and liabilities are as follows:

	As of December 31,
	2021		2020
	(In thousands)
Deferred tax assets:
Intellectual property	$	165,517	$	—
Deferred revenues, accruals and reserves	68,574		66,926
Net operating loss carryforwards	4,747		5,623
Tax credit carryforwards	3,514		5,078
Other	1,693		2,379
Total deferred tax assets	244,045		80,006
Valuation allowance	(5,530)		(5,613)
Net deferred tax assets	238,515		74,393
Deferred tax liabilities:
Property and equipment	(6,644)		(4,167)
Other	(1,203)		(2,394)
Total deferred tax liabilities	(7,847)		(6,561)
Total net deferred tax assets	$	230,668	$	67,832

Reconciliation Of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows:

	As of December 31,
	2021		2020
	(In thousands)
Beginning balance	$	23,728	$	231,339
Increases in tax positions for prior years	89		7,138
Decreases in tax positions for prior years	(1,322)		(199,107)
Increases in tax positions for current year	1,115		1,613
Decreases in tax positions due to settlement with taxing authorities	(1,231)		—
Lapse in statute of limitations	(6,384)		(17,255)
Ending balance	$	15,995	$	23,728