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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Taxes [Abstract]

Income From Continuing Operations Before Income Taxes

Income before income taxes is categorized geographically as follows:

	Year Ended December 31,
	2018				2017				2016
	(In thousands)
United States	$	420,597			$	313,351			$	299,304
Foreign	308,919				285,661				281,869
Total income before income taxes	$	729,516			$	599,012			$	581,173

Components Of Provision For Income Taxes

The provision for income taxes consisted of the following:

	Year Ended December 31,
	2018				2017				2016
	(In thousands)
Current expense:
Federal	$	99,127			$	16,870			$	34,842
State	1,088				294				240
Foreign, including withholding tax	76,199				15,539				19,268
	176,414				32,703				54,350
Deferred expense (benefit):
Federal	(16,448		)		90,113				64,301
State	42,624				19,654				21,492
Foreign	(55,563		)		(706		)		385
	(29,387		)		109,061				86,178
Total income tax expense	$	147,027			$	141,764			$	140,528

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 21% in 2018 and 35% in 2017 and 2016, to Income before income taxes is attributable to the following:

	Year Ended December 31,
	2018				2017				2016
	(In thousands)
Income tax expense at federal statutory rate	$	153,199			$	209,654			$	203,410
State taxes, net of federal benefit	35,852				13,029				14,517
Differences between statutory rate and foreign effective tax rate	(46,928		)		(83,808		)		(79,087		)
Excess tax benefits from stock-based compensation	(9,006		)		(7,728		)		—
Capital loss carryforwards expiration	769,706				—				—
Change in valuation allowance	(773,737		)		(5,813		)		(511		)
U.S. federal tax rate change	—				(186,800		)		—
Transition tax, net of foreign tax credits	(5,602		)		162,353				—
U.S. tax on foreign earnings, net of foreign tax credits	24,208				4,123				2,881
Foreign withholding tax on unremitted foreign earnings, net of foreign tax credits	(812		)		33,619				—
Other	147				3,135				(682		)
Total income tax expense	$	147,027			$	141,764			$	140,528

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,
	2018				2017
	(In thousands)
Deferred tax assets:
Net operating loss carryforwards	$	40,729			$	70,587
Tax credit carryforwards	3,970				52,659
Deferred revenue, accruals and reserves	74,437				77,869
Capital loss carryforwards	—				778,430
Other	6,724				6,776
Total deferred tax assets	125,860				986,321
Valuation allowance	(10,153		)		(783,725		)
Net deferred tax assets	115,707				202,596
Deferred tax liabilities:
Property and equipment	(2,764		)		(1,577		)
Transition tax	—				(162,912		)
Foreign withholding tax on unremitted earnings	(2,733		)		(33,619		)
Subordinated Convertible Debentures	—				(430,088		)
Other	(5,352		)		(3,116		)
Total deferred tax liabilities	(10,849		)		(631,312		)
Total net deferred tax assets (liabilities)	$	104,858			$	(428,716	)

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,
	2018				2017
	(In thousands)
Beginning balance	$	223,216			$	220,682
Increases in tax positions for prior years	333				3,699
Decreases in tax positions for prior years	(196		)		(144		)
Increases in tax positions for current year	436				395
Decreases in tax positions due to settlement with taxing authorities	—				(1,416		)
Lapse in statute of limitations	(334		)		—
Ending balance	$	223,455			$	223,216

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.

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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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