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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2015
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:
|  | 2015 |  |  | 2014 |  |  | 2013 |
United States |  | $ | 304,743 |  |  | $ | 233,933 |  |  | $ | 205,033 |
Foreign |  |  | 231,261 |  |  |  | 279,010 |  |  |  | 198,536 |
Total |  | $ | 536,004 |  |  | $ | 512,943 |  |  | $ | 403,569 |
Components of Income Taxes | The provision for income taxes for the years ended December 31 consists of the following (in thousands):
|  | 2015 |  |  | 2014 |  |  | 2013 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 82,926 |  |  | $ | 39,168 |  |  | $ | 72,909 |
State |  |  | 8,051 |  |  |  | 8,208 |  |  |  | 7,369 |
Foreign |  |  | 51,970 |  |  |  | 55,144 |  |  |  | 46,026 |
Total current |  |  | 142,947 |  |  |  | 102,520 |  |  |  | 126,304 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 36,723 |  |  |  | 41,814 |  |  |  | (1,287 | )
State |  |  | 1,525 |  |  |  | (596 | ) |  |  | 130 |
Foreign |  |  | (7,622 | ) |  |  | 498 |  |  |  | (6,079 | )
Total deferred |  |  | 30,626 |  |  |  | 41,716 |  |  |  | (7,236 | )
Total provision |  | $ | 173,573 |  |  | $ | 144,236 |  |  | $ | 119,068 |
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):
|  | 2015 |  |  | 2014 |  |  | 2013 |
Computed “expected” tax expense |  | $ | 187,601 |  |  |  | 35.0 | % |  | $ | 179,530 |  |  |  | 35.0 | % |  | $ | 141,249 |  |  |  | 35.0 | %
Changes resulting from: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Change in valuation allowance |  |  | 20,243 |  |  |  | 3.8 |  |  |  | (53 | ) |  |  | — |  |  |  | (222 | ) |  |  | — |
Foreign income tax differential |  |  | (23,718 | ) |  |  | (4.4 | ) |  |  | (24,972 | ) |  |  | (4.9 | ) |  |  | (16,021 | ) |  |  | (4.0 | )
State taxes net of federal benefits |  |  | 6,711 |  |  |  | 1.2 |  |  |  | 4,492 |  |  |  | 0.9 |  |  |  | 4,744 |  |  |  | 1.2 |
Foreign-sourced nontaxable income |  |  | (10,573 | ) |  |  | (2.0 | ) |  |  | (8,128 | ) |  |  | (1.6 | ) |  |  | (11,967 | ) |  |  | (3.0 | )
IRC Section 199 deduction |  |  | (10,221 | ) |  |  | (1.9 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other |  |  | 3,530 |  |  |  | 0.7 |  |  |  | (6,633 | ) |  |  | (1.3 | ) |  |  | 1,285 |  |  |  | 0.3 |
Provision for income taxes |  | $ | 173,573 |  |  |  | 32.4 | % |  | $ | 144,236 |  |  |  | 28.1 | % |  | $ | 119,068 |  |  |  | 29.5 | %
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):
|  | 2015 |  |  | 2014 |
Deferred tax assets: |  |  |  |  |  |  |  |
Accounts receivable, principally due to the allowance for doubtful accounts |  | $ | 6,277 |  |  | $ | 7,434 |
Accrued expenses not currently deductible for tax |  |  | 5,797 |  |  |  | 5,610 |
Stock based compensation |  |  | 35,066 |  |  |  | 16,405 |
Income tax credits |  |  | 3,830 |  |  |  | 3,830 |
Net operating loss carry forwards |  |  | 39,970 |  |  |  | 127,487 |
Equity investment |  |  | 38,760 |  |  |  | 3,262 |
Accrued escheat |  |  | 13,497 |  |  |  | 12,058 |
Fixed assets, intangibles and other |  |  | 14,191 |  |  |  | 12,868 |
Deferred tax assets before valuation allowance |  |  | 157,388 |  |  |  | 188,954 |
Valuation allowance |  |  | (62,605 | ) |  |  | (27,082 | )
Deferred tax assets, net |  |  | 94,783 |  |  |  | 161,872 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Intangibles—including goodwill(1) |  |  | (732,017 | ) |  |  | (818,680 | )
Basis difference in investment in foreign subsidiaries |  |  | (47,737 | ) |  |  | (23,128 | )
Property and equipment, principally due to differences between book and tax depreciation, and other |  |  | (19,544 | ) |  |  | (18,552 | )
Deferred tax liabilities(1) |  |  | (799,298 | ) |  |  | (860,360 | )
Net deferred tax liabilities(1) |  | $ | (704,515 | ) |  | $ | (698,488 | )
(1) | Deferred tax liabilities related to intangibles—including goodwill at December 31, 2014 have been adjusted due to revision of financial statements as discussed in the summary of significant accounting policies footnote.
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):
|  | 2015 |  |  | 2014 |
Current deferred tax assets and liabilities: |  |  |  |  |  |  |  |
Current deferred tax assets |  | $ | 9,585 |  |  | $ | 101,451 |
Current deferred tax liabilities |  |  | (672 | ) |  |  | — |
Net current deferred taxes |  |  | 8,913 |  |  |  | 101,451 |
Long term deferred tax assets and liabilities: |  |  |  |  |  |  |  |
Long term deferred tax assets |  |  | 1,639 |  |  |  | 60,421 |
Long term deferred tax liabilities(1) |  |  | (715,067 | ) |  |  | (860,360 | )
Net long term deferred taxes(1) |  |  | (713,428 | ) |  |  | (799,939 | )
Net deferred tax liabilities(1) |  | $ | (704,515 | ) |  | $ | (698,488 | )
(1) | Long term deferred tax liabilities at December 31, 2014 have been adjusted due to revision of financial statements as discussed in the summary of significant accounting policies footnote.
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, 2015, 2014 and 2013 is as follows (in thousands):
Unrecognized tax benefits at December 31, 2012 |  | $ | 7,077 |
Additions based on tax provisions related to the current year |  |  | 1,337 |
Additions based on tax provisions related to the prior year |  |  | 15,249 |
Deductions based on settlement/expiration of prior year tax positions |  |  | (2,062 | )
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 |

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