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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | Net income before provision for (benefit from) income taxes consists of the following (in thousands):
|  | Year Ended December 31,
|  | 2022 |  | 2021 |  | 2020
Domestic |  | $ | 268,097 |  |  | $ | 378,478 |  |  | $ | 173,099 |
Foreign |  | 330,960 |  |  | 633,945 |  |  | 205,850 |
Net income before provision for (benefit from) income taxes |  | $ | 599,057 |  |  | $ | 1,012,423 |  |  | $ | 378,949 |
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,
|  | 2022 |  | 2021 |  | 2020
Federal |  |  |  |  |  |
Current |  | $ | 188,050 |  |  | $ | 157,383 |  |  | $ | 55,291 |
Deferred |  | (55,579) |  |  | (25,598) |  |  | (11,749) |
|  | 132,471 |  |  | 131,785 |  |  | 43,542 |
State |  |  |  |  |  |
Current |  | 34,621 |  |  | 28,365 |  |  | 8,862 |
Deferred |  | (12,265) |  |  | (5,860) |  |  | (2,121) |
|  | 22,356 |  |  | 22,505 |  |  | 6,741 |
Foreign |  |  |  |  |  |
Current |  | 56,537 |  |  | 42,681 |  |  | 29,399 |
Deferred |  | 26,120 |  |  | 43,432 |  |  | (1,476,621) |
|  | 82,657 |  |  | 86,113 |  |  | (1,447,222) |
Provision for (benefit from) income taxes |  | $ | 237,484 |  |  | $ | 240,403 |  |  | $ | (1,396,939) |
Schedule of Effective Income Tax Rate Reconciliation | The differences between income taxes using the federal statutory income tax rate for 2022, 2021 and 2020 and our effective tax rates are as follows:
|  | Year Ended December 31,
|  | 2022 |  | 2021 |  | 2020
U.S. federal statutory income tax rate |  | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes, net of federal tax benefit |  | 3.7 |  |  | 2.2 |  |  | 1.5 |
U.S. tax on foreign earnings |  | 5.6 |  |  | 2.5 |  |  | (1.2) |
Impact of differences in foreign tax rates |  | 3.3 |  |  | (2.0) |  |  | 5.6 |
Stock-based compensation |  | 2.1 |  |  | (0.3) |  |  | 1.1 |
Impact of intra-entity intellectual property rights transfer |  | — |  |  | — |  |  | (395.6) |
Settlement on audits |  | 1.9 |  |  | — |  |  | (1.4) |
Change in valuation allowance |  | 1.7 |  |  | 1.1 |  |  | 0.1 |
Other items not individually material |  | 0.3 |  |  | (0.8) |  |  | 0.3 |
Effective tax rate |  | 39.6 | % |  | 23.7 | % |  | (368.6) | %
Schedule of Deferred Tax Assets and Liabilities | As of December 31, 2022 and 2021, the significant components of our deferred tax assets and liabilities are (in thousands):
|  | December 31,
|  | 2022 |  | 2021
Deferred tax assets: |  |  |  |
Net operating loss and capital loss carryforwards |  | $ | 15,380 |  |  | $ | 11,069 |
Reserves and accruals |  | 32,759 |  |  | 47,641 |
Stock-based compensation |  | 19,469 |  |  | 13,576 |
Deferred revenue |  | 117,039 |  |  | 83,514 |
Capitalized research & development |  | 54,293 |  |  | 413 |
Amortizable tax basis in intangibles |  | 1,350,434 |  |  | 1,392,471 |
Other |  | 16,645 |  |  | 15,645 |
Deferred tax assets before valuation allowance |  | 1,606,019 |  |  | 1,564,329 |
Valuation allowance |  | (23,286) |  |  | (12,938) |
Total deferred tax assets |  | 1,582,733 |  |  | 1,551,391 |
Deferred tax liabilities: |  |  |  |
Depreciation and amortization |  | 11,407 |  |  | 12,328 |
Acquisition-related intangibles |  | 26,008 |  |  | 28,989 |
Other |  | 3,438 |  |  | 6,931 |
Total deferred tax liabilities |  | 40,853 |  |  | 48,248 |
Net deferred tax assets |  | 1,541,880 |  |  | 1,503,143 |
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, 2022, 2021 and 2020, are as follows (in thousands):
|  | Year Ended December 31,
|  | 2022 |  | 2021 |  | 2020
Gross unrecognized tax benefits at January 1, |  | $ | 63,295 |  |  | $ | 46,320 |  |  | $ | 46,650 |
Increases related to tax positions taken during the current year |  | 84,249 |  |  | 27,710 |  |  | 20,592 |
Increases related to tax positions taken during a prior year |  | 15,411 |  |  | 5,471 |  |  | 10,201 |
Decreases related to tax positions taken during a prior year |  | (2,647) |  |  | (5,804) |  |  | (29,977) |
Decreases related to expiration of statute of limitations |  | (4,582) |  |  | (8,986) |  |  | — |
Decreases related to settlement with tax authorities |  | (14,166) |  |  | (1,416) |  |  | (1,146) |
Gross unrecognized tax benefits at December 31, |  | $ | 141,560 |  |  | $ | 63,295 |  |  | $ | 46,320 |

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