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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Income Before Income Taxes

U.S. and international components of income before income taxes (in thousands) were comprised of the following for the periods indicated:

		Years Ended December 31,
		2018				2017				2016
						(as adjusted)				(as adjusted)
U.S.		$	(18,295	)		$	18,814			$	52,802
Foreign			38,777				52,660				62,131
Total		$	20,482			$	71,474			$	114,933

Schedule of Provision for Income Taxes

The provision for income taxes (in thousands) consisted of the following for the periods indicated:

		Years Ended December 31,
		2018				2017				2016
						(as adjusted)				(as adjusted)
Current:
Federal		$	(1,916	)		$	48,794			$	18,453
State			1,656				4,077				3,681
Foreign			6,460				4,074				4,941
		$	6,200			$	56,945			$	27,075
Deferred:
Federal		$	(6,071	)		$	(1,649	)		$	(4,165	)
State			(2,047	)			(1,260	)			(801	)
Foreign			(101	)			(757	)			585
		$	(8,219	)		$	(3,666	)		$	(4,381	)
Total (benefit) provision		$	(2,019	)		$	53,279			$	22,694

Schedule of Effective Income Tax Rate Reconciliation

The provision for income taxes differs from the amount computed by applying the federal statutory income tax rate to the Company’s income before income taxes as follows for the periods indicated:

		Years Ended December 31,
		2018				2017				2016
						(as adjusted)				(as adjusted)
Income tax expense at federal statutory rate			21.0	%			35.0	%			35.0	%
State taxes, net of federal tax effect			(1.3	)%			2.5	%			1.6	%
Foreign earnings taxed at different rates			(20.5	)%			(24.2	)%			(15.4	)%
Withholding tax			5.5	%			1.9	%			1.3	%
Foreign tax credit			(5.2	)%			(1.1	)%			(0.9	)%
Other international components			0.3	%			0.0	%			(0.1	)%
Change in valuation allowance			2.5	%			0.2	%			(0.8	)%
Deferred tax adjustments and rate changes			(1.7	)%			4.0	%			0.0	%
Section 199 Deduction			0.0	%			(1.4	)%			(1.8	)%
Subpart F income			7.0	%			1.5	%			0.6	%
Research and development tax credit			(11.8	)%			(1.1	)%			(0.8	)%
GILTI, net of foreign tax credit			0.5	%			0.0	%			0.0	%
FDII			(4.5	)%			0.0	%			0.0	%
Transition Tax			(15.2	)%			55.4	%			0.0	%
Other permanent differences			13.5	%			1.8	%			1.0	%
Total			(9.9	)%			74.5	%			19.7	%

Schedule of Effective Tax Rate for Income Before Income Taxes

The Company’s U.S. and foreign effective tax rates for income before income taxes were as follows for the periods indicated:

		Years Ended December 31,
		2018				2017				2016
						(as adjusted)				(as adjusted)
U.S.			45.8	%			265.6	%			32.5	%
Foreign			16.4	%			6.3	%			8.9	%
Combined			(9.9	)%			74.5	%			19.7	%

Schedule of Components of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities (in thousands) were as follows for the periods indicated:

		December 31,
		2018				2017
						(as adjusted)
Deferred tax assets, net:
Net operating loss carryforwards		$	841			$	761
Tax credits			1,839				1,520
Intangible assets			0				10
Deferred revenue adjustment			543				1,214
Accrued compensation			6,519				2,863
Share-based compensation expense			12,987				11,597
Deferred rent			1,764				0
Other			2,115				2,457
Deferred tax assets before valuation allowance			26,608				20,422
Valuation allowance			(1,507	)			(1,015	)
Deferred tax assets, net of valuation allowance			25,101				19,407
Deferred tax liabilities:
Prepaid expenses and other			1,049				1,301
Property and equipment			5,841				6,778
Capitalized software development costs			0				695
Method change			932				1,340
Total deferred tax liabilities			7,822				10,114
Total net deferred tax asset		$	17,279			$	9,293
Reported as:
Non-current deferred tax assets, net			17,316				9,297
Non-current deferred tax liabilities			(37	)			(4	)
Total net deferred tax asset		$	17,279			$	9,293

Schedule of Change In Unrecognized Tax Benefits

The change in unrecognized tax benefits (in thousands) is presented in the table below:

Unrecognized tax benefits at January 1, 2018 (as adjusted)		$	3,444
Increase related to positions taken in prior period			314
Increase related to positions taken in current period			596
Decrease related to expiration of statute of limitations			(295	)
Unrecognized tax benefits at December 31, 2018			4,059
Accrued interest			705
Unrecognized tax benefits recorded in other long-term liabilities at December 31, 2018		$	4,764

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Schedule Of Effective Rate For Income Tax

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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.

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