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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Schedule of Income before Provision for Income Taxes | Income before provision for income taxes consisted of (in thousands):
|  | 2018 |  | 2017 |  | 2016
Domestic |  | $ | 738,927 |  |  | $ | 638,718 |  |  | $ | 710,931 |
Foreign |  | 141,346 |  |  | 89,745 |  |  | 101,019 |
Total |  | $ | 880,273 |  |  | $ | 728,463 |  |  | $ | 811,950 |
Summary of Reconciliation of Unrecognized Tax Benefits | A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties, is as follows (in thousands):
| 2018 |  | 2017 |  | 2016
Unrecognized tax benefits, beginning of period | $ | 31,806 |  |  | $ | 12,268 |  |  | $ | 13,271 |
Additions based on tax positions related to the current year | — |  |  | 4,014 |  |  | — |
Additions for tax positions of prior years | 1,662 |  |  | 16,713 |  |  | 55 |
Reductions for tax positions of prior years | (263 | ) |  | — |  |  | (211 | )
Lapse in statute of limitations | (1,394 | ) |  | (1,189 | ) |  | (847 | )
Settlements | (296 | ) |  | — |  |  | — |
Unrecognized tax benefits, end of the period | $ | 31,515 |  |  | $ | 31,806 |  |  | $ | 12,268 |
Schedule of Components of Provision for Income Taxes | The components of the provision for income taxes consist of the following for the years ended December 31 (in thousands):
| 2018 |  | 2017 |  | 2016
Tax provision: |  |  |  |  |
Federal | $ | 152,627 |  |  | $ | 189,708 |  |  | $ | 222,685 |
State | 38,626 |  |  | 29,320 |  |  | 31,786 |
Foreign | 39,830 |  |  | 32,638 |  |  | 29,086 |
| 231,083 |  |  | 251,666 |  |  | 283,557 |
Deferred provision (benefit): |  |  |  |  |
Federal | (11,969 | ) |  | (21,389 | ) |  | 13,936 |
State | (3,176 | ) |  | (3,048 | ) |  | 1,986 |
Foreign | (170 | ) |  | (3,659 | ) |  | (913 | )
| (15,315 | ) |  | (28,096 | ) |  | 15,009 |
Total provision | $ | 215,768 |  |  | $ | 223,570 |  |  | $ | 298,566 |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the provision for income taxes using the statutory federal income tax rate to our effective income tax rate for the years ended December 31, is as follows:
| 2018 |  | 2017 |  | 2016
Federal statutory rate | 21.0 | % |  | 35.0 | % |  | 35.0 | %
State income taxes, net of federal benefit | 3.3 |  |  | 2.6 |  |  | 2.7 |
Tax Act impact | 0.4 |  |  | (1.7 | ) |  | — |
Section 199 deduction | — |  |  | (2.8 | ) |  | — |
Share-based payment awards | (0.7 | ) |  | (1.9 | ) |  | — |
Other | 0.5 |  |  | (0.5 | ) |  | (0.9 | )
Effective income tax rate | 24.5 | % |  | 30.7 | % |  | 36.8 | %
Schedule of Deferred Tax Assets and Liabilities | Deferred tax assets (liabilities) are comprised of the following at December 31 (in thousands):
| 2018 |  | 2017
Deferred tax assets: |  |  |
Compensation | $ | 57,666 |  |  | $ | 52,538 |
Accrued expenses | 27,683 |  |  | 3,155 |
Receivables | 8,093 |  |  | 8,819 |
Other | 6,004 |  |  | 4,737 |
Deferred tax liabilities: |  |  |
Intangible assets | (77,059 | ) |  | (81,932 | )
Accrued revenue | (19,571 | ) |  | — |
Prepaid assets | (5,798 | ) |  | (8,247 | )
Long-lived assets | (15,615 | ) |  | (15,465 | )
Other | (7,167 | ) |  | (2,090 | )
Net deferred tax liabilities | $ | (25,764 | ) |  | $ | (38,485 | )

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