Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Components of The Income Tax (Expense) Benefit

Significant components of the Income tax (expense) benefit on earnings from Continuing Operations were as follows:


For the years ended December 31,	2021		2020		2019
Current:
United States	$	(48,523)	$	6,391	$	17,493
Foreign	(148,437)		(72,660)		(77,421)

Total current	(196,960)		(66,269)		(59,928)
Deferred:
United States	87,310		124,718		22,337
Foreign	(10,347)		25,612		6,265
State	(25,576)		46,008		285
Total deferred	51,387		196,338		28,887
Total income tax (expense) benefit	$	(145,573)	$	130,069	$	(31,041)

Schedule of Components of Deferred Tax Assets And Liabilities

Significant components of deferred tax assets and liabilities arising from Continuing Operations were as follows:


December 31,	2021		2020
Deferred tax assets:
Net operating loss and tax credits carryforwards	$	246,405	$	410,456
Operating lease asset	135,365		140,500
Depreciation	45,702		45,717
Interest	25,029		32,282
Deferred compensation	23,219		16,997
Deferred revenue	11,432		10,913
Nondeductible reserves	9,470		24,835
Allowance for doubtful accounts	8,437		13,552
Unrealized loss	—		3,128

Total deferred tax assets	505,059		698,380
Deferred tax liabilities:
Operating lease liability	122,728		127,131
Investment in subsidiaries	74,310		71,183
Amortization of intangible assets	41,776		133,091
Deferred gain on Walden	14,652		—
Unrealized Gain	2,559		—
Other	—		1,918
Total deferred tax liabilities	256,025		333,323
Net deferred tax assets	249,034		365,057
Valuation allowance for deferred tax assets	(283,945)		(320,858)
Net deferred tax (liabilities) assets	$	(34,911)	$	44,199

Summary of Valuation Allowance

The reconciliations of the beginning and ending balances of the valuation allowance on deferred tax assets were as follows:


For the years ended December 31,	2021		2020		2019
Balance at beginning of period	$	320,858	$	324,119	$	562,944
Additions (deductions) from tax expense from continuing operations	9,115		(19,879)		2,427
Charges to other accounts
Additions	—		16,618		—
Deductions	(46,028)		—		(241,252)
Balance at end of period	$	283,945	$	320,858	$	324,119

Schedule of Effective Income Tax Rate Reconciliation

The reconciliations of the reported Income tax (expense) benefit to the amount that would result by applying the United States federal statutory tax rate of 21% to income from Continuing Operations before income taxes were as follows:


For the years ended December 31,	2021		2020		2018
Tax benefit at the United States statutory rate	$	28,877	$	94,676	$	19,566
Permanent differences	(8,217)		(24,184)		(7,693)
Global intangible low taxed income	(30,616)		70,965		(38,305)
Netherlands intellectual property restructuring	(53,643)		(32,425)		—
State income tax (expense) benefit, net of federal tax effect	(36,782)		36,343		5,783
Tax effect of foreign income taxed at lower rate	(16,665)		(5,534)		(25,228)
Change in valuation allowance	17,642		3,241		(25,337)
Effect of tax contingencies	(12,573)		2,706		11,635
Tax credits	10,458		(2,302)		26,436
Withholding taxes	(43,578)		(13,254)		(869)
Other	(476)		(163)		2,971
Total income tax (expense) benefit	$	(145,573)	$	130,069	$	(31,041)

Schedule of Beginning And Ending Amount of Unrecognized Tax Benefits

The reconciliations of the beginning and ending amount of unrecognized tax benefits were as follows:


For the years ended December 31,	2021		2020		2019
Beginning of the period	$	385,283	$	56,395	$	50,900
Additions for tax positions related to prior years	80,885		3,582		—
Decreases for tax positions related to prior years	(227,051)		—		(1,338)
Additions for tax positions related to current year	21,993		327,142		8,585
Decreases for unrecognized tax benefits as a result of a lapse in the statute of limitations	(3,523)		(1,836)		(1,752)

End of the period	$	257,587	$	385,283	$	56,395