XML 115 R84.htm IDEA: XBRL DOCUMENT v3.22.0.1
Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Effective Income Tax Rate Reconciliation, Percent      
Federal statutory income tax rate 21.00% 21.00% 21.00%
State income taxes 6.70% 14.60% 2.50%
Federal benefit of state taxes (1.40%) (3.10%) (0.50%)
Foreign rate differential (4.50%) (10.10%) (1.70%)
U.K. tax rate adjustment 23.60% 38.20% 0.00%
Non-deductible executive compensation 3.50% 9.00% 10.60%
Withholding tax on actual and estimated remittances 2.90% 2.10% 0.00%
Foreign-derived intangible income deduction (2.40%) (7.20%) (3.30%)
Tax benefit from stock-based compensation (2.20%) (18.10%) (8.10%)
CVR liability fair value and foreign currency adjustment 2.00% 8.20% 0.70%
Research and development credit (1.60%) (4.10%) (2.40%)
Unrecognized tax benefits 0.60% 0.30% (1.40%)
Return to provision adjustments (0.30%) (4.90%) (0.40%)
Acquisition-related items 0.00% (15.90%) 1.80%
Book basis in excess of tax basis for goodwill impairment and disposition 0.00% 9.20% 0.00%
State tax rate adjustment 0.00% (2.80%) 5.10%
Cares Act net operating loss adjustment 0.00% (2.30%) 0.00%
Deferred tax and other rate adjustments 0.00% 1.10% 0.20%
Other (0.90%) 0.80% 0.10%
Effective income tax rate 47.00% 36.00% 24.20%