Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Geographic sources of income (loss) before income taxes are as follows:

	For the Year Ended December 31,
	2016			2015			2014
	(In thousands)
United States	$	(12,385	)	$	(39,684	)	$	16,571
Foreign	227,542			107,596			119,507
Total income before income taxes	$	215,157		$	67,912		$	136,078

Schedule of Components of Income Tax Expense (Benefit)

The components of the provision (benefit) for income taxes are as follows:

	For the Year Ended December 31,
	2016			2015			2014
	(In thousands)
Current
Federal	$	—		$	—		$	—
State	22			11			(46		)
Foreign	49,577			28,721			51,081
	49,599			28,732			51,035
Deferred
Federal	—			—			—
State	—			—			—
Foreign	(1,746		)	(697		)	(17,190		)
	(1,746		)	(697		)	(17,190		)
Total provision	$	47,853		$	28,035		$	33,845

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation between the U.S. federal statutory income tax rate of 35% and our income tax provision is as follows:

	For the Year Ended December 31,
	2016			2015			2014
	(In thousands)
U.S. federal tax at 35%	$	75,305		$	23,769		$	47,627
State taxes, net of federal benefit	836			2,622			1,940
Foreign income taxed at different rates	(17,907		)	(11,756		)	6,579
Foreign exchange (loss) gain	(1,127		)	(5,680		)	(17,321		)
Change in valuation allowance	(7,362		)	18,259			(13,527		)
Adjustments related to prior years	(2,648		)	(912		)	3,643
Income tax credits generated	(40,301		)	(1,919		)	(2,557		)
Repatriation of foreign earnings and profits	25,604			91			3,958
Expiration of net operating losses and credits	15,092			74			2,534
Non-deductible loss on acquisition of J-Devices (Note 3)	—			4,725			—
Other	361			(1,238		)	969
Total	$	47,853		$	28,035		$	33,845

Schedule of Deferred Tax Assets and Liabilities

The following is a summary of the components of our deferred tax assets and liabilities:

	December 31,
	2016			2015
	(In thousands)
Deferred tax assets:
Net operating loss carryforwards	$	111,899		$	147,056
Income tax credits	41,900			27,212
Property, plant and equipment	21,860			21,921
Accrued liabilities	68,563			62,016
Unrealized foreign exchange loss	531			869
Other	14,583			16,659
Total deferred tax assets	259,336			275,733
Valuation allowance	(165,367		)	(168,105		)
Total deferred tax assets net of valuation allowance	93,969			107,628
Deferred tax liabilities:
Property, plant and equipment	20,407			31,345
Deferred gain	2,655			3,716
Other	5,826			6,713
Total deferred tax liabilities	28,888			41,774
Net deferred tax assets	$	65,081		$	65,854
Recognized as:
Other assets	66,831			70,784
Other non-current liabilities	(1,750		)	(4,930		)
Total	$	65,081		$	65,854

Summary of Operating Loss Carryforwards

Our net operating loss carryforwards (“NOL’s”) are as follows:

	December 31,
	2016		2015		Expiration
	(In thousands)
U.S. Federal NOL’s	$	292,715	$	363,648	2021-2036
U.S. State NOL’s	138,218		182,420		2017-2036
Foreign NOL’s	3,378		64,999		2017-2025

Schedule of Unrecognized Tax Benefits Rollforward

A reconciliation of the beginning and ending gross amount of unrecognized tax benefits is as follows:

	For the Year Ended December 31,
	2016			2015			2014
	(In thousands)
Balance at January 1	$	23,332		$	12,670		$	27,128
Additions based on tax positions related to the current year	1,822			12,727			6,032
Additions for tax positions of prior years	689			3,341			1,240
Reductions for tax positions of prior years	(2,589		)	(4,815		)	(15,433		)
Reductions related to settlements with tax authorities	—			—			(6,297		)
Reductions from lapse of statutes of limitations	(105		)	(591		)	—
Balance at December 31	$	23,149		$	23,332		$	12,670