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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2015
Income Taxes [Abstract] |
Earnings Before Income Taxes | Earnings before income taxes for the years ended December 31, 2015, 2014 and 2013 consisted of the following components (in thousands):
|  | 2015 |  |  | 2014 |  |  | 2013 |
United States |  | $ | 710,614 |  |  | $ | 665,219 |  |  | $ | 517,432 |
Other |  |  | 291,731 |  |  |  | 256,237 |  |  |  | 236,698 |
|  | $ | 1,002,345 |  |  | $ | 921,456 |  |  | $ | 754,130 |
Schedule of Components of Income Tax Expense (Benefit) | Components of income tax expense for the years ended December 31, 2015, 2014 and 2013 were as follows (in thousands):
|  | 2015 |  |  | 2014 |  |  | 2013 |
Current: |  |  |  |  |  |  |  |  |
Federal |  | $ | 229,224 |  |  | $ | 218,302 |  |  | $ | 166,430 |
State |  |  | 22,041 |  |  |  | 37,155 |  |  |  | 12,577 |
Foreign |  |  | 71,507 |  |  |  | 56,107 |  |  |  | 40,451 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  |  | (10,134 | ) |  |  | (30,664 | ) |  |  | (1,965 | )
Foreign |  |  | (6,360 | ) |  |  | (5,477 | ) |  |  | (1,656 | )
|  | $ | 306,278 |  |  | $ | 275,423 |  |  | $ | 215,837 |
Schedule of Effective Income Tax Rate Reconciliation | Reconciliations between the statutory federal income tax rate and the effective income tax rate for the years ended December 31, 2015, 2014 and 2013 were as follows:
|  | 2015 |  |  | 2014 |  |  | 2013 |
Federal statutory rate |  |  | 35.0 | % |  |  | 35.0 | % |  |  | 35.0 | %
Foreign rate differential |  |  | (3.3 | ) |  |  | (3.9 | ) |  |  | (4.1 | )
R&D tax credits |  |  | (0.5 | ) |  |  | (0.4 | ) |  |  | (0.5 | )
State taxes, net of federal benefit |  |  | 2.0 |  |  |  | 2.0 |  |  |  | 1.9 |
Section 199 deduction |  |  | (1.3 | ) |  |  | (1.6 | ) |  |  | (1.8 | )
Other, net |  |  | (1.3 | ) |  |  | (1.2 | ) |  |  | (1.9 | )
|  |  | 30.6 | % |  |  | 29.9 | % |  |  | 28.6 | %
Schedule of Deferred Tax Assets and Liabilities | Components of the deferred tax assets and liabilities at December 31 were as follows (in thousands):
|  | 2015 |  |  | 2014 |
Deferred tax assets: |  |  |  |  |  |
Reserves and accrued expenses |  | $ | 146,014 |  |  | $ | 130,508 |
Inventories |  |  | 9,309 |  |  |  | 10,186 |
Net operating loss carryforwards |  |  | 45,616 |  |  |  | 41,480 |
R&D credits |  |  | 8,504 |  |  |  | 7,145 |
Foreign tax credits |  |  | 7,940 |  |  |  | - |
Valuation allowance |  |  | (19,338 | ) |  |  | (16,169 | )
Total deferred tax assets |  | $ | 198,045 |  |  | $ | 173,150 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Reserves and accrued expenses |  | $ | 11,222 |  |  | $ | 27,981 |
Amortizable intangible assets |  |  | 962,143 |  |  |  | 798,502 |
Plant and equipment |  |  | 4,004 |  |  |  | 4,741 |
Total deferred tax liabilities |  | $ | 977,369 |  |  | $ | 831,224 |
Schedule of Unrecognized Tax Benefits Roll Forward | The Company recognizes in the consolidated financial statements only those tax positions determined to be "more likely than not" of being sustained upon examination based on the technical merits of the positions. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):
|  | 2015 |  |  | 2014 |  |  | 2013 |
Beginning balance |  | $ | 28,567 |  |  | $ | 26,924 |  |  | $ | 24,865 |
Additions for tax positions of prior periods |  |  | 3,525 |  |  |  | 6,532 |  |  |  | 3,055 |
Additions for tax positions of the current period |  |  | 3,299 |  |  |  | 5,571 |  |  |  | 1,639 |
Additions due to acquisitions |  |  | 6,177 |  |  |  | - |  |  |  | 5,026 |
Reductions for tax positions of prior periods |  |  | (12,206 | ) |  |  | (1,008 | ) |  |  | (3,675 | )
Reductions for tax positions of the current period |  |  |  |  |  |  |  |  |  |  |  |
Settlements with taxing authorities |  |  | (142 | ) |  |  | (518 | ) |  |  | - |
Lapse of applicable statute of limitations |  |  | (3,080 | ) |  |  | (8,934 | ) |  |  | (3,986 | )
Ending balance |  | $ | 26,140 |  |  | $ | 28,567 |  |  | $ | 26,924 |

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