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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Taxes [Abstract]

Income From Continuing Operations Before Income Taxes

Income before income taxes is categorized geographically as follows:

	Year Ended December 31,
	2017				2016				2015
	(In thousands)
United States	$	313,351			$	299,304			$	248,932
Foreign	285,661				281,869				238,718
Total income before income taxes	$	599,012			$	581,173			$	487,650

Components Of Provision For Income Taxes

The provision for income taxes consisted of the following:

	Year Ended December 31,
	2017				2016				2015
	(In thousands)
Current expense:
Federal	$	16,870			$	34,842			$	13,601
State	294				240				156
Foreign, including withholding tax	15,539				19,268				17,241
	32,703				54,350				30,998
Deferred expense (benefit):
Federal	90,113				64,301				65,168
State	19,654				21,492				15,767
Foreign	(706		)		385				481
	109,061				86,178				81,416
Total income tax expense	$	141,764			$	140,528			$	112,414

Reconciliation Of Income Tax At Effective Income Tax Rate

The difference between income tax expense and the amount resulting from applying the federal statutory rate of 35% to Income before income taxes is attributable to the following:

	Year Ended December 31,
	2017				2016				2015
	(In thousands)
Income tax expense at federal statutory rate	$	209,654			$	203,410			$	170,677
State taxes, net of federal benefit	13,029				14,517				9,616
Differences between statutory rate and foreign effective tax rate	(83,808		)		(79,087		)		(66,238		)
U.S. federal tax rate change	(186,800		)		—				—
U.S. tax on accumulated foreign earnings, net of foreign tax credits	162,353				—				—
Foreign withholding tax on unremitted foreign earnings, net of foreign tax credits	33,619				—				—
Other	(6,283		)		1,688				(1,641		)
Total income tax expense	$	141,764			$	140,528			$	112,414

Summary Of Deferred Tax Assets And Liabilities

The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and liabilities are as follows:

	As of December 31,
	2017				2016
	(In thousands)
Deferred tax assets:
Net operating loss carryforwards	$	70,587			$	46,879
Deductible goodwill and intangible assets	1,192				10,473
Tax credit carryforwards	52,659				59,337
Deferred revenue, accruals and reserves	77,869				114,548
Capital loss carryforwards	778,430				1,161,772
Other	5,584				4,791
Total deferred tax assets	986,321				1,397,800
Valuation allowance	(783,725		)		(1,162,101		)
Net deferred tax assets	202,596				235,699
Deferred tax liabilities:
Property and equipment	(1,577		)		(4,212		)
U.S. tax on accumulated foreign earnings	(162,912		)		—
Foreign withholding tax on unremitted earnings	(33,619		)		—
Subordinated Convertible debentures	(430,088		)		(590,921		)
Other	(3,116		)		(2,614		)
Total deferred tax liabilities	(631,312		)		(597,747		)
Total net deferred tax liabilities	$	(428,716	)		$	(362,048	)

Reconciliation Of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending balances of the total amounts of gross unrecognized tax benefits is as follows:

	As of December 31,
	2017				2016
	(In thousands)
Beginning balance	$	220,682			$	220,280
Increases in tax positions for prior years	3,699				119
Decreases in tax positions for prior years	(144		)		(71		)
Increases in tax positions for current year	395				354
Decreases in tax positions due to settlement with taxing authorities	(1,416		)		—
Ending balance	$	223,216			$	220,682

X

- 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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure for 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 and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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Income Taxes [Abstract]

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