Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Summary of Our Domestic and Foreign Income Before Income Taxes

The following table presents a summary of our domestic and foreign income before income taxes:

	Year Ended December 31,
	2013		2012		2011
	(In thousands)
Domestic	$	129,452	$	133,361	$	121,100
Foreign		155,250		148,614		150,794
Total	$	284,702	$	281,975	$	271,894

Summary of the Components of Our Provision for Income Taxes

The following table presents a summary of the components of our provision for income taxes:

	Year Ended December 31,
	2013			2012			2011
	(In thousands)
Current income tax expense:
Federal	$	47,784		$	55,877		$	49,736
State		8,936			5,927			7,818
Foreign		17,066			30,543			37,480
Current income tax expense		73,786			92,347			95,034
Deferred income tax (benefit) expense:
Federal		6,366			(3,113	)		216
State		704			(347	)		148
Foreign		(1,597	)		(1,500	)		(1,295	)
Deferred income tax (benefit) expense:		5,473			(4,960	)		(931	)
Provision for income taxes	$	79,259		$	87,387		$	94,103

Summary of Deferred Tax Assets and Deferred Tax Liabilities

Our deferred tax assets and deferred tax liabilities as of December 31, 2013 and 2012 are as follows:

	December 31,
	2013			2012
	(In thousands)
Deferred tax assets:
Stock-based compensation	$	30,081		$	21,605
Net operating loss carryforwards		18,005			15,005
Provision for accrued expenses		6,829			7,731
Other		4,365			3,391
Total deferred tax assets		59,280			47,732
Less valuation allowance		(13,284	)		(11,677	)
Net deferred tax assets	$	45,996		$	36,055
Deferred tax liabilities:
Intangible assets	$	(31,956	)	$	(28,205	)
Property and equipment		(17,500	)		(10,313	)
Prepaid expenses		(2,010	)		(2,087	)
Other		(2,201	)		—
Total deferred tax liabilities	$	(53,667	)	$	(40,605	)
Net deferred tax liability	$	(7,671	)	$	(4,550	)

Reconciliation of the Provision for Income Taxes

A reconciliation of the provision for income taxes to the amounts computed by applying the statutory federal income tax rate to income before income taxes is as follows:

	Year Ended December 31,
	2013			2012			2011
	(In thousands)
Income tax expense at the federal statutory rate of 35%	$	99,646		$	98,691		$	95,163
Foreign rate differential		(41,487	)		(25,069	)		(15,319	)
State income taxes, net of effect of federal tax benefit		8,339			5,581			4,240
Unrecognized tax benefits and related interest		9,307			4,853			2,570
Non-deductible transaction costs		253			—			2,426
Change in valuation allowance		1,999			2,535			3,451
Other, net		1,202			796			1,572
Provision for income taxes	$	79,259		$	87,387		$	94,103

Reconciliation of the Beginning and Ending Amount of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits (excluding interest and penalties) is as follows:

	December 31,
	2013			2012			2011
	(In thousands)
Balance, beginning of year	$	24,049		$	12,900		$	6,342
Increases to tax positions related to the current year		12,158			11,854			5,631
Increases to tax positions related to the prior year		3,936			540			927
Reductions due to lapsed statute of limitations		—			—			—
Decreases to tax positions related to the prior year		(3,640	)		—			—
Settlements during current year		(76	)		(1,245	)		—
Balance, end of year	$	36,427		$	24,049		$	12,900