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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2014
Income Taxes [Abstract] |
Components of Income Taxes | Income tax data for the years ended December 31, 2014, 2013 and 2012 is as follows (in thousands):
|  |  |  | Year Ended December 31,
|  |  |  | 2014 |  | 2013 |  | 2012
The components of income from operations before income taxes are |  |  |  |  |  |  |  |  |
| as follows: |  |  |  |  |  |  |  |  |
| Domestic |  | $ | 70,136 |  | $ | 116,067 |  | $ | 116,071
| Foreign |  |  | 420,604 |  |  | 374,038 |  |  | 371,554
|  | Total |  | $ | 490,740 |  | $ | 490,105 |  | $ | 487,625
|  |  |  | Year Ended December 31,
|  |  |  | 2014 |  | 2013 |  | 2012
The current and deferred components of the provision for income |  |  |  |  |  |  |  |  |
| taxes on operations are as follows: |  |  |  |  |  |  |  |  |
| Current |  | $ | 57,537 |  | $ | 39,933 |  | $ | 78,401
| Deferred |  |  | 1,583 |  |  | 169 |  |  | (52,219)
|  | Total |  | $ | 59,120 |  | $ | 40,102 |  | $ | 26,182
The jurisdictional components of the provision for income taxes on |  |  |  |  |  |  |  |  |
| operations are as follows: |  |  |  |  |  |  |  |  |
| Federal |  | $ | 23,071 |  | $ | (702) |  | $ | 39,840
| State |  |  | 3,791 |  |  | 5,142 |  |  | 5,599
| Foreign |  |  | 32,258 |  |  | 35,662 |  |  | (19,257)
|  | Total |  | $ | 59,120 |  | $ | 40,102 |  | $ | 26,182
The differences between income taxes computed at the United States |  |  |  |  |  |  |  |  |
| statutory rate and the provision for income taxes are summarized |  |  |  |  |  |  |  |  |
| as follows: |  |  |  |  |  |  |  |  |
| Federal tax computed at U.S. statutory income tax rate |  | $ | 171,759 |  | $ | 171,537 |  | $ | 170,669
| Settlement of tax audits |  |  | - |  |  | (30,552) |  |  | (6,035)
| State income tax, net of federal income tax benefit |  |  | 2,464 |  |  | 3,342 |  |  | 3,639
| Net effect of foreign operations |  |  | (109,240) |  |  | (96,461) |  |  | (102,858)
| Recognition of deferred tax asset associated with a non-U.S. |  |  |  |  |  |  |  |  |
|  | net operating loss |  |  | - |  |  | - |  |  | (36,410)
| Other, net |  |  | (5,863) |  |  | (7,764) |  |  | (2,823)
|  | Provision for income taxes |  | $ | 59,120 |  | $ | 40,102 |  | $ | 26,182
Components of Deferred Tax Assets and Liabilities | The tax effects of temporary differences and carryforwards which give rise to deferred tax asset s and deferred tax liabilities are summarized as follows (in thousands):
|  |  |  |  | December 31,
|  |  |  |  | 2014 |  | 2013
Deferred tax assets: |  |  |  |  |  |
| Net operating losses and credits |  | $ | 102,810 |  | $ | 116,567
| Depreciation |  |  | 11,979 |  |  | 7,163
| Stock-based compensation |  |  | 18,702 |  |  | 22,684
| Deferred compensation |  |  | 34,301 |  |  | 25,391
| Revaluation of equity investments |  |  | 5,819 |  |  | 3,832
| Inventory |  |  | 4,104 |  |  | 3,651
| Accrued liabilities and reserves |  |  | 9,368 |  |  | 23,268
| Other |  |  | 18,097 |  |  | 15,289
|  | Total deferred tax assets |  |  | 205,180 |  |  | 217,845
| Valuation allowance |  |  | (82,550) |  |  | (94,952)
|  | Deferred tax assets, net of valuation allowance |  |  | 122,630 |  |  | 122,893
Deferred tax liabilities: |  |  |  |  |  |
| Capitalized software |  |  | (16,253) |  |  | (18,012)
| Amortization |  |  | (8,765) |  |  | (3,798)
| Indefinite-lived intangibles |  |  | (18,094) |  |  | (18,840)
|  | Total deferred tax liabilities |  |  | (43,112) |  |  | (40,650)
|  |  | Net deferred tax assets |  | $ | 79,518 |  | $ | 82,243
Unrecognized Tax Benefits Roll Forward | The following is a summary of the activity of the Company's unrecognized tax benefits for the years ended December 31, 2014, 2013 and 2012 (in thousands):
|  |  |  | 2014 |  | 2013 |  | 2012
Balance at the beginning of the period |  | $ | 24,716 |  | $ | 64,390 |  | $ | 73,199
| Realization of uncertain U.S. tax benefits |  |  | - |  |  | - |  |  | (5,625)
| Changes resulting from completion of tax examinations |  |  | - |  |  | (35,279) |  |  | -
| Other changes in uncertain tax benefits |  |  | (5,120) |  |  | (4,395) |  |  | (3,184)
Balance at the end of the period |  | $ | 19,596 |  | $ | 24,716 |  | $ | 64,390
Deferred Tax Assets and Liabilities Classification | The Company's net deferred tax assets included in the consolidated balance sheets are classi fied as follows (in thousands):
|  |  | December 31, 2014 |  | December 31, 2013
Other current assets |  | $ | 36,691 |  | $ | 31,423
Other assets |  |  | 61,920 |  |  | 69,466
Other current liabilities |  |  | (1,096) |  |  | (579)
Other long-term liabilities |  |  | (17,997) |  |  | (18,067)
| Net deferred tax assets |  | $ | 79,518 |  | $ | 82,243

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 + Details
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