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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2016
Income Tax Disclosure [Abstract]  
Income Before The Provision for Income Taxes
Income before the provision for income taxes is attributable to the following jurisdictions (in thousands) for years ended December 31:
 
 
 
2016
 
2015
 
2014
United States
 
$
383,427

 
$
304,743

 
$
233,933

Foreign
 
259,492

 
231,261

 
279,010

Total
 
$
642,919


$
536,004


$
512,943
Components of Income Taxes
The provision for income taxes for the years ended December 31 consists of the following (in thousands):
 
 
 
2016
 
2015
 
2014
Current:
 
 
 
 
 
 
Federal
 
$
147,406

 
$
82,926

 
$
39,168

State
 
10,725

 
8,051

 
8,208

Foreign
 
61,084

 
51,970

 
55,144

Total current
 
219,215


142,947


102,520

Deferred:
 
 
 
 
 
 
Federal
 
(18,723
)
 
36,723

 
41,814

State
 
1,608

 
1,525

 
(596
)
Foreign
 
(11,566
)
 
(7,622
)
 
498

Total deferred
 
(28,681
)

30,626


41,716

Total provision
 
$
190,534


$
173,573


$
144,236
Summary of Provision for Income Taxes and U.S. Federal Tax Rate
The provision for income taxes differs from amounts computed by applying the U.S. federal tax rate of 35% to income before income taxes for the years ended December 31 due to the following (in thousands):
 
 
 
2016
 
2015
 
2014
Computed “expected” tax expense
 
$
225,022

 
35.0
 %
 
$
187,601

 
35.0
 %
 
$
179,530

 
35.0
 %
Changes resulting from:
 
 
 
 
 
 
 
 
 
 
 
 
Change in valuation allowance
 
11,952

 
1.9

 
20,243

 
3.8

 
(53
)
 
—

Foreign income tax differential
 
(25,533
)
 
(4.0
)
 
(23,718
)
 
(4.4
)
 
(24,972
)
 
(4.9
)
State taxes net of federal benefits
 
9,439

 
1.5

 
6,711

 
1.2

 
4,492

 
0.9

Foreign-sourced nontaxable income
 
(7,961
)
 
(1.2
)
 
(10,573
)
 
(2.0
)
 
(8,128
)
 
(1.6
)
IRC Section 199 deduction
 
(7,731
)
 
(1.2
)
 
(10,221
)
 
(1.9
)
 
—

 
—

Excess tax benefits related to stock-based compensation
 
(11,974
)
 
(1.9
)
 
—

 
—

 
—

 
—

Other
 
(2,680
)
 
(0.4
)
 
3,530

 
0.7

 
(6,633
)
 
(1.3
)
Provision for income taxes
 
$
190,534

 
29.7
 %
 
$
173,573

 
32.4
 %
 
$
144,236

 
28.1
 %
Summary of Deferred Tax Assets and Liabilities
The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities at December 31 are as follows (in thousands):
 
 
 
2016
 
2015
Deferred tax assets:
 
 
 
 
Accounts receivable, principally due to the allowance for doubtful accounts
 
$
7,148

 
$
6,277

Accrued expenses not currently deductible for tax
 
2,647

 
5,797

Stock based compensation
 
41,415

 
35,066

Income tax credits
 
376

 
3,830

Net operating loss carry forwards
 
45,969

 
39,970

Equity investment
 
53,379

 
38,760

Accrued escheat
 
7,290

 
13,497

Fixed assets, intangibles and other
 
15,622

 
14,191

Deferred tax assets before valuation allowance
 
173,846


157,388

Valuation allowance
 
(76,395
)
 
(62,605
)
Deferred tax assets, net
 
97,451


94,783

Deferred tax liabilities:
 
 
 
 
Intangibles—including goodwill
 
(687,443
)
 
(732,017
)
Basis difference in investment in foreign subsidiaries
 
(48,354
)
 
(47,737
)
Prepaid expenses
 
(3,644
)
 
—

Property and equipment, principally due to differences between book and tax depreciation, and other
 
(24,157
)
 
(19,544
)
Deferred tax liabilities
 
(763,598
)

(799,298
)
Net deferred tax liabilities
 
$
(666,147
)

$
(704,515
)
Deferred Tax Balance Classification in Balance Sheet
The Company’s deferred tax balances are classified in its balance sheets as of December 31 as follows (in thousands):
 
 
 
2016
 
2015
Current deferred tax assets and liabilities:
 
 
 
 
Current deferred tax assets
 
$
—

 
$
9,585

Current deferred tax liabilities
 
—

 
(672
)
Net current deferred taxes
 
—


8,913

Long term deferred tax assets and liabilities:
 
 
 
 
Long term deferred tax assets
 
2,433

 
1,639

Long term deferred tax liabilities
 
(668,580
)
 
(715,067
)
Net long term deferred taxes
 
(666,147
)
 
(713,428
)
Net deferred tax liabilities
 
$
(666,147
)

$
(704,515
)
 
Reconciliation of Unrecognized Tax Benefits
A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits including interest for the years ended December 31, 2016, 2015 and 2014 is as follows (in thousands): 
 
 
 
Unrecognized tax benefits at December 31, 2013
 
$
21,601

Additions based on tax provisions related to the current year
 
1,676

Deductions based on settlement/expiration of prior year tax positions
 
(4,636
)
Unrecognized tax benefits at December 31, 2014
 
18,641

Additions based on tax provisions related to the current year
 
9,079

Additions based on tax provisions related to the prior year
 
477

Deductions based on settlement/expiration of prior year tax positions
 
(6,363
)
Unrecognized tax benefits at December 31, 2015
 
21,834

Additions based on tax provisions related to the current year
 
3,332

Additions based on tax provisions related to the prior year
 
2,496

Deductions based on settlement/expiration of prior year tax positions
 
(1,507
)
Unrecognized tax benefits at December 31, 2016
 
$
26,155