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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Before Income Taxes and Non-controlling Interest

U.S. and foreign earnings (loss) from continuing operations before income taxes are as follows:

			Years Ended December 31,
			2024						2023						2022
			(In thousands)
U.S.			$	677,842					$	708,333					$	651,406
Foreign			26,214						68,448						(273,915)
Total			$	704,056					$	776,781					$	377,491

Schedule of Components of Income Tax Expense (Benefit)

The components of the provision (benefit) for income taxes are as follows:

			Years Ended December 31,
			2024						2023						2022
			(In thousands)
Current income tax provision:
Federal			$	106,510					$	54,523					$	5,703
State			18,039						16,136						4,069
Foreign			43,146						28,038						35,542
Current income tax provision			167,695						98,697						45,314
Deferred income tax (benefit) provision:
Federal			(2,672)						33,267						76,185
State			(5,916)						(669)						6,076
Foreign			(6,364)						(5,986)						(112,214)
Deferred income tax (benefit) provision			(14,952)						26,612						(29,953)
Income tax provision			$	152,743					$	125,309					$	15,361

Schedule of Deferred Tax Assets and Liabilities

The tax effects of cumulative temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below. The valuation allowance is primarily related to deferred tax assets for foreign net operating losses.

			December 31,
			2024						2023
			(In thousands)
Deferred tax assets:
Net operating loss carryforwards			$	165,959					$	177,740
Tax credit carryforwards			71,222						89,737
Capitalized research expenses			127,428						89,979
Disallowed interest carryforwards			6,837						31,531
Stock-based compensation			30,671						27,448
Accrued expenses			19,963						21,382
Exchangeable notes			28,821						36,891
Other			30,295						34,822
Total deferred tax assets			481,196						509,530
Less valuation allowance			(156,710)						(159,675)
Deferred tax assets, net of valuation allowance			324,486						349,855
Deferred tax liabilities:
Intangible assets			(45,769)						(65,349)
Right-of-use assets			(19,981)						(22,657)
Property and equipment			(4,403)						(22,738)
Other			(3,546)						(5,610)
Total deferred tax liabilities			(73,699)						(116,354)
Net deferred tax assets			$	250,787					$	233,501

Schedule of Income Tax Rate Reconciliation

A reconciliation of the income tax provision to the amounts computed by applying the statutory federal income tax rate to earnings before income taxes is shown as follows:

			Years Ended December 31,
			2024						2023						2022
			(In thousands)
Income tax provision at the federal statutory rate of 21%			$	147,852					$	163,124					$	79,273
State income taxes, net of effect of federal tax benefit			16,466						15,689						14,454
Stock-based compensation			29,248						32,270						(27,941)
Research credits			(17,194)						(10,373)						(12,611)
Foreign-derived intangible income deduction			(41,730)						(40,296)						(12,646)
Change in valuation allowance			8,860						(39,015)						(22,621)
Foreign income taxed at a different statutory rate			4,637						6,680						(4,104)
Withholding taxes			302						891						8,922
Change in uncertain tax positions			(1,376)						(5,804)						(10,694)
Other, net			5,678						2,143						3,329
Income tax provision			$	152,743					$	125,309					$	15,361

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits, including penalties but excluding interest, is as follows:

			December 31,
			2024						2023						2022
			(In thousands)
Balance at January 1			$	45,047					$	43,340					$	50,830
Additions based on tax positions related to the current year			13,166						7,397						5,781
Additions for tax positions of prior years			921						4,532						1,938
Reductions for tax positions of prior years			(58)						(615)						(12,287)
Settlements			(9,615)						(852)						(2,139)
Expiration of applicable statute of limitations			(797)						(8,755)						(783)
Balance at December 31			$	48,664					$	45,047					$	43,340

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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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