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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | Net income before provision for (benefit from) income taxes and equity in losses of investee consists of the following (in thousands):
|  | Year Ended December 31,
|  | 2021 |  | 2020 |  | 2019
Domestic |  | $ | 378,478 |  |  | $ | 173,099 |  |  | $ | 184,956 |
Foreign |  | 633,945 |  |  | 205,850 |  |  | 377,695 |
Net income before provision for (benefit from) income taxes and equity in losses of investee |  | $ | 1,012,423 |  |  | $ | 378,949 |  |  | $ | 562,651 |
Schedule of Components of Income Tax Expense (Benefit) | The provision for (benefit from) income taxes consists of the following (in thousands):
|  | Year Ended December 31,
|  | 2021 |  | 2020 |  | 2019
Federal |  |  |  |  |  |
Current |  | $ | 157,383 |  |  | $ | 55,291 |  |  | $ | 76,528 |
Deferred |  | (25,598) |  |  | (11,749) |  |  | 1,235 |
|  | 131,785 |  |  | 43,542 |  |  | 77,763 |
State |  |  |  |  |  |
Current |  | 28,365 |  |  | 8,862 |  |  | 9,169 |
Deferred |  | (5,860) |  |  | (2,121) |  |  | 209 |
|  | 22,505 |  |  | 6,741 |  |  | 9,378 |
Foreign |  |  |  |  |  |
Current |  | 42,681 |  |  | 29,399 |  |  | 28,364 |
Deferred |  | 43,432 |  |  | (1,476,621) |  |  | (3,158) |
|  | 86,113 |  |  | (1,447,222) |  |  | 25,206 |
Provision for (benefit from) income taxes |  | $ | 240,403 |  |  | $ | (1,396,939) |  |  | $ | 112,347 |
Schedule of Effective Income Tax Rate Reconciliation | The differences between income taxes using the federal statutory income tax rate for 2021, 2020 and 2019 and our effective tax rates are as follows:
|  | Year Ended December 31,
|  | 2021 |  | 2020 |  | 2019
U.S. federal statutory income tax rate |  | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes, net of federal tax benefit |  | 2.2 |  |  | 1.8 |  |  | 1.7 |
U.S. tax on foreign earnings |  | 2.7 |  |  | — |  |  | 1.9 |
Impact of differences in foreign tax rates |  | (2.0) |  |  | 5.6 |  |  | (5.1) |
Stock-based compensation |  | (0.3) |  |  | 1.1 |  |  | (0.3) |
Impact of expiration of statute of limitations |  | (0.7) |  |  | (0.3) |  |  | — |
Impact of intra-entity intellectual property rights transfer |  | — |  |  | (395.6) |  |  | — |
Settlement on audits |  | — |  |  | (1.4) |  |  | — |
Impact of U.S. Tax Cuts and Jobs Act |  | — |  |  | (0.5) |  |  | — |
Change in valuation allowance |  | 1.1 |  |  | 0.1 |  |  | 0.1 |
Other items not individually material |  | (0.3) |  |  | (0.4) |  |  | 0.7 |
Effective tax rate |  | 23.7 | % |  | (368.6) | % |  | 20.0 | %
Schedule of Deferred Tax Assets and Liabilities | As of December 31, 2021 and 2020, the significant components of our deferred tax assets and liabilities are (in thousands):
|  | December 31,
|  | 2021 |  | 2020
Deferred tax assets: |  |  |  |
Net operating loss and capital loss carryforwards |  | $ | 11,069 |  |  | $ | 20,728 |
Reserves and accruals |  | 47,641 |  |  | 34,469 |
Stock-based compensation |  | 13,576 |  |  | 10,842 |
Deferred revenue |  | 83,514 |  |  | 32,562 |
Amortizable tax basis in intangibles |  | 1,392,471 |  |  | 1,468,159 |
Net translation losses |  | 10,008 |  |  | 2,939 |
Credit carryforwards |  | 5,637 |  |  | 905 |
Total deferred tax assets |  | 1,563,916 |  |  | 1,570,604 |
Deferred tax liabilities: |  |  |  |
Depreciation and amortization |  | 11,915 |  |  | 14,730 |
Acquisition-related intangibles |  | 28,989 |  |  | 35,689 |
Prepaid expenses |  | 6,931 |  |  | 1,720 |
Total deferred tax liabilities |  | 47,835 |  |  | 52,139 |
Net deferred tax assets before valuation allowance |  | 1,516,081 |  |  | 1,518,465 |
Valuation allowance |  | (12,938) |  |  | (1,325) |
Net deferred tax assets |  | $ | 1,503,143 |  |  | $ | 1,517,140 |
Schedule of Unrecognized Tax Benefits Rollforward | The changes in the balance of gross unrecognized tax benefits, which exclude interest and penalties, for the year ended December 31, 2021, 2020 and 2019, are as follows (in thousands):
|  | Year Ended December 31,
|  | 2021 |  | 2020 |  | 2019
Gross unrecognized tax benefits at January 1, |  | $ | 46,320 |  |  | $ | 46,650 |  |  | $ | 33,262 |
Increases related to tax positions taken during the current year |  | 27,710 |  |  | 20,592 |  |  | 19,012 |
Increases related to tax positions taken during a prior year |  | 5,471 |  |  | 10,201 |  |  | 143 |
Decreases related to tax positions taken during a prior year |  | (5,804) |  |  | (29,977) |  |  | (3,783) |
Decreases related to expiration of statute of limitations |  | (8,986) |  |  | — |  |  | (1,984) |
Decreases related to settlement with tax authorities |  | (1,416) |  |  | (1,146) |  |  | — |
Gross unrecognized tax benefits at December 31, |  | $ | 63,295 |  |  | $ | 46,320 |  |  | $ | 46,650 |

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