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TAXES ON INCOME (Tables) | 12 Months Ended
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Dec. 31, 2012
Reconciliation Of Unrecognized Tax Benefits |
|  | A reconciliation of the beginning and ending amount of unrecognized tax benefits related to uncertain tax positions is as follows:
|  | December 31, |
|  | 2011 |  |  | 2012 |
Beginning balance |  | $ | 169,370 |  |  | $ | 219,469 |
Increases related to tax positions taken during prior years |  |  | 19,679 |  |  |  | 38,209 |
Increases related to tax positions taken during the current year |  |  | 30,420 |  |  |  | 11,361 |
Decreases related to expiration of statute of limitations |  |  | — |  |  |  | (9,493 | )
Ending balance |  | $ | 219,469 |  |  | $ | 259,546 |
Components of Deferred Tax Assets and Liabilities | As of December 31, 2011 and 2012, the Company’s deferred taxes were in respect of the following:
|  | December 31, |
|  | 2011 |  |  | 2012 |
Carry forward tax losses |  | $ | 263,085 |  |  | $ | 249,270 |
Deferred revenues |  |  | 3,862 |  |  |  | 4,221 |
Employee stock based compensation |  |  | 15,105 |  |  |  | 15,642 |
Accrued employee costs |  |  | 5,317 |  |  |  | 4,825 |
Reserves and allowances |  |  | 2,238 |  |  |  | 2,540 |
Property and equipment |  |  | 1,404 |  |  |  | 1,254 |
Marketable securities amortization |  |  | 3,202 |  |  |  | 4,962 |
Intangible assets |  |  | 7,218 |  |  |  | 5,794 |
Tax credits |  |  | 2,213 |  |  |  | 2,618 |
Deferred tax assets before valuation allowance |  |  | 303,644 |  |  |  | 291,126 |
Valuation allowance |  |  | (260,251 | ) |  |  | (246,785 | )
Deferred tax asset |  |  | 43,393 |  |  |  | 44,341 |
Intangible assets |  |  | (8,706 | ) |  |  | (7,927 | )
Unrealized gains on marketable securities, net |  |  | (3,876 | ) |  |  | (4,428 | )
Other |  |  | (509 | ) |  |  | (783 | )
Deferred tax liability |  |  | (13,091 | ) |  |  | (13,138 | )
Deferred tax asset, net |  | $ | 30,302 |  |  | $ | 31,203 |
|  | December 31, |
|  | 2011 |  |  | 2012 |
Domestic: |  |  |  |  |  |  |  |
Current deferred tax asset, net |  | $ | 4,240 |  |  | $ | 4,862 |
Non-current deferred tax asset, net |  |  | 14,616 |  |  |  | 14,403 |
Current deferred tax liability, net |  |  | (2,280 | ) |  |  | (2,799 | )
|  |  | 16,576 |  |  |  | 16,466 |
Foreign: |  |  |  |  |  |  |  |
Current deferred tax asset, net |  |  | 8,402 |  |  |  | 9,334 |
Current deferred tax liability, net |  |  | (4,082 | ) |  |  | (5,747 | )
Non-current deferred tax asset, net |  |  | 10,680 |  |  |  | 11,150 |
Non-current deferred tax liability |  |  | (1,274 | ) |  |  | — |
|  |  | 13,726 |  |  |  | 14,737 |
|  | $ | 30,302 |  |  | $ | 31,203 |
Schedule of Income Before Taxes |
|  | Income before taxes on income is comprised as follows:
|  | Year ended December 31, |
|  | 2010 |  |  | 2011 |  |  | 2012 |
Domestic |  | $ | 540,402 |  |  | $ | 655,486 |  |  | $ | 725,651 |
Foreign |  |  | 23,991 |  |  |  | 27,728 |  |  |  | 61,216 |
|  | $ | 564,393 |  |  | $ | 683,214 |  |  | $ | 786,867 |
Components of Income Tax Expense |
|  | Taxes on income are comprised of the following:
|  | Year ended December 31, |
|  | 2010 |  |  | 2011 |  |  | 2012 |
Current |  | $ | 123,241 |  |  | $ | 150,800 |  |  | $ | 168,320 |
Deferred |  |  | (11,674 | ) |  |  | (11,552 | ) |  |  | (1,453 | )
|  | $ | 111,567 |  |  | $ | 139,248 |  |  | $ | 166,867 |
Domestic |  | $ | 110,318 |  |  | $ | 134,242 |  |  | $ | 152,040 |
Foreign |  |  | 1,249 |  |  |  | 5,006 |  |  |  | 14,827 |
|  | $ | 111,567 |  |  | $ | 139,248 |  |  | $ | 166,867 |
|  | Year ended December 31, |
|  | 2010 |  |  | 2011 |  |  | 2012 |
Domestic taxes: |  |  |  |  |  |  |  |  |  |  |  |
Current |  | $ | 112,475 |  |  | $ | 138,686 |  |  | $ | 152,453 |
Deferred |  |  | (2,157 | ) |  |  | (4,444 | ) |  |  | (413 | )
|  |  | 110,318 |  |  |  | 134,242 |  |  |  | 152,040 |
Foreign taxes - US: |  |  |  |  |  |  |  |  |  |  |  |
Federal taxes: |  |  |  |  |  |  |  |  |  |  |  |
Current |  |  | 6,608 |  |  |  | 7,809 |  |  |  | 10,725 |
Deferred |  |  | (792 | ) |  |  | 748 |  |  |  | (244 | )
|  |  | 5,816 |  |  |  | 8,557 |  |  |  | 10,481 |
State taxes: |  |  |  |  |  |  |  |  |  |  |  |
Current |  |  | 1,243 |  |  |  | 1,061 |  |  |  | 1,995 |
Deferred |  |  | (52 | ) |  |  | 819 |  |  |  | (111 | )
|  |  | 1,191 |  |  |  | 1,880 |  |  |  | 1,884 |
Other international locations: |  |  |  |  |  |  |  |  |  |  |  |
Current |  |  | 2,915 |  |  |  | 3,245 |  |  |  | 3,149 |
Deferred |  |  | (8,673 | ) |  |  | (8,676 | ) |  |  | (687 | )
|  |  | (5,758 | ) |  |  | (5,431 | ) |  |  | 2,462 |
Total foreign taxes |  |  | 1,249 |  |  |  | 5,006 |  |  |  | 14,827 |
Taxes on income |  | $ | 111,567 |  |  | $ | 139,248 |  |  | $ | 166,867 |
Schedule of Effective Income Tax Reconciliation | A reconciliation between the theoretical tax expenses, assuming all income is taxed at the statutory rate in Israel and the actual income tax as reported in the statements of income is as follows:
|  |  |  | Year ended December 31, |
|  | 2010 |  |  | 2011 |  |  | 2012 |
Income before taxes as reported in the statements of income |  | $ | 564,393 |  |  | $ | 683,214 |  |  | $ | 786,867 |
Statutory tax rate in Israel |  |  | 25% |  |  |  | 24% |  |  |  | 25% |
Decrease in taxes resulting from: |  |  |  |  |  |  |  |  |  |  |  |
Effect of “Approved, Privileged or Preferred Enterprise” status *) |  |  | (8%) |  |  |  | (6%) |  |  |  | (7%) |
Stock based compensation – nondeductible expense |  |  | 1% |  |  |  | **) |  |  |  | **) |
Others, net |  |  | 2% |  |  |  | 2% |  |  |  | 3% |
Effective tax rate |  |  | 20% |  |  |  | 20% |  |  |  | 21% |
*) |  | Basic earnings per share amounts of the benefit resulting from the “Approved, Privileged or Preferred Enterprise” status |  | $ | 0.20 |  |  | $ | 0.21 |  |  | $ | 0.24 |
|  | Diluted earnings per share amounts of the benefit resulting from the “Approved, Privileged or Preferred Enterprise” status |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.23 |
**) |  | Representan amount less than 1%

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- 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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