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TAXES ON INCOME (Tables)

12 Months Ended

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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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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