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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and International

The components of income before income taxes consist of the following:

			Year Ended December 31,
			2021						2020						2019
Domestic			$	(14,544)					$	61,470					$	61,691
International			107,873						106,150						66,418
Income before income taxes			$	93,329					$	167,620					$	128,109

Schedule of Components of Income Tax

The (provision) benefit for income taxes consists of the following:

			Year Ended December 31,
			2021						2020						2019
Current:
Federal			$	770					$	(11,094)					$	(7,696)
State			163						(3,597)						(2,486)
Foreign			(17,230)						(7,688)						(12,824)
			(16,297)						(22,379)						(23,006)
Deferred:
Federal			15,182						(5,194)						(2,389)
State			3,660						(1,272)						(412)
Foreign			903						(9,780)						2,069
			19,745						(16,246)						(732)
Benefit (provision) for income taxes			$	3,448					$	(38,625)					$	(23,738)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the U.S. statutory federal income tax rate to the Company’s effective income tax rate is as follows:

			Year Ended December 31,
			2021						2020						2019
Federal statutory rate			21.0		%				21.0		%				21.0		%
State income taxes, net of federal benefit			(2.7)						2.9						2.0
Stock-based compensation			(52.5)						(5.2)						(2.3)
Non-deductible officer compensation			36.6						4.6						—
Tax credits			(6.1)						(2.1)						(3.6)
Transaction costs			3.9						—						—
Foreign tax rate differential			(1.1)						(2.0)						(2.8)
Permanent book/tax differences			(1.0)						(0.6)						0.2
Income tax reserves			0.1						(0.5)						0.9
Expenses associated with IPO			—						3.3						—
Net tax on foreign earnings (GILTI/FDII/FTC)			—						0.5						6.1
Other			(1.9)						1.1						(3.0)
Effective income tax rate			(3.7)		%				23.0		%				18.5		%

Schedule of Deferred Tax Assets and Liabilities

The following is a summary of the significant components of the Company’s deferred tax assets and liabilities:

			December 31,
			2021						2020
Deferred tax assets:
Accrued compensation			$	39,125					$	31,580
Net operating loss (“NOL”) and credit carryforwards			28,698						7,573
Intangible assets			19,942						283
Capped call options and 163(j) interest disallowance			15,682						—
Lease liabilities			10,540						10,466
Other accruals not currently deductible			2,006						346
Allowance for doubtful accounts			918						382
Other comprehensive income			354						431
Other			1,497						138
Total deferred tax assets			118,762						51,199
Less: Valuation allowance			(1,899)						(1,207)
Net deferred tax assets			116,863						49,992
Deferred tax liabilities:
Intangible assets including goodwill			(90,258)						—
Operating lease right-of-use assets			(10,196)						(10,070)
Deferred revenues			(3,421)						(7,257)
Prepaid expenses			(2,739)						(2,301)
Unrealized gains and losses			(2,387)						—
Property and equipment			(1,500)						(1,989)
Total deferred tax liabilities			(110,501)						(21,617)
Net deferred tax assets (liabilities)			$	6,362					$	28,375

Schedule of Unrecognized Tax Benefits Roll Forward

The following is a reconciliation of the total amounts of unrecognized tax benefits:

			Year Ended December 31,
			2021						2020						2019
Unrecognized tax benefit, beginning of year			$	1,223					$	1,763					$	638
Tax positions related to prior years:
Additions			160						1,436						1,222
Reductions			(42)						(1,723)						(86)
Lapse of statute of limitations			(10)						(253)						(11)
Unrecognized tax benefit, end of year			$	1,331					$	1,223					$	1,763

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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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Tabular disclosure of the change in unrecognized tax benefits.

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