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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 foreign

		Year Ended December 31,
(in thousands)		2021				2020				2019
Income before taxes:
United States		$	(4,775	)		$	40,323			$	44,290
Foreign		140,450				(32,152		)		389,517
Total income before income taxes		$	135,675			$	8,171			$	433,807

Schedule of components of income tax expense (benefit)

		Year Ended December 31,
(in thousands)		2021				2020				2019
Current tax expense (benefit):
U.S.		$	2,810			$	2,605			$	(4,885	)
Foreign		59,874				39,270				83,792
Total current		62,684				41,875				78,907
Deferred tax expense (benefit):
U.S.		12,269				(16,100		)		(8,424		)
Foreign		(9,865		)		(14,300		)		16,629
Total deferred		2,404				(30,400		)		8,205
Total tax expense		$	65,088			$	11,475			$	87,112

Schedule of effective income tax rate reconciliation

		Year Ended December 31,
(dollar amounts in thousands)		2021				2020				2019
U.S. federal income tax expense at applicable statutory rate		$	28,492			$	1,716			$	91,099
Tax effect of:
State income tax expense at statutory rates, net of U.S. federal income tax		1,516				347				5,101
Non-deductible expenses		538				1,887				2,896
Share-based compensation		(3,524		)		(6,446		)		(2,875		)
Other permanent differences		(2,047		)		3,828				(864		)
Difference between U.S. federal and foreign tax rates		7,438				7,002				12,281
Provision in excess of statutory rates		2,879				(6,491)				3,565
Change in federal and foreign valuation allowance		26,673				(4,238)				2,144
Impairment of goodwill and acquired intangibles assets		—				22,053				—
GILTI, net of tax credits		3,900				—				6,471
U.S. Tax Reform - transition tax and rate change		—				—				(25,728		)
Tax credits		(1,122		)		(3,518		)		(4,500		)
Other		345				(4,665		)		(2,478		)
Total income tax expense		$	65,088			$	11,475			$	87,112
Effective tax rate		48.0		%		140.4		%		20.1		%

Schedule of deferred tax assets and liabilities

		As of December 31,
(in thousands)		2021				2020
Deferred tax assets:
Tax loss carryforwards		$	65,862			$	45,609
Share-based compensation		9,743				6,771
Accrued expenses		19,907				22,243
Property and equipment		11,949				10,835
Goodwill and intangible amortization		9,353				7,614
Contract costs		9,921				—
Intercompany notes		6,077				7,689
Accrued revenue		7,541				34,663
Tax credits		65,267				65,388
Lease accounting		42,381				39,962
Foreign exchange		8,283				19,160
Other		14,616				14,230
Gross deferred tax assets		270,900				274,164
Valuation allowance		(100,489		)		(77,563		)
Net deferred tax assets		170,411				196,601
Deferred tax liabilities:
Intangible assets related to purchase accounting		(11,763		)		(12,854		)
Goodwill and intangible amortization		(30,339		)		(24,763		)
Accrued expenses		(21,495		)		(43,971		)
Intercompany notes		(10,388		)		(10,396		)
Accrued interest		(34,175		)		(30,932		)
Capitalized research and development		(6,376		)		(6,352		)
Property and equipment		(15,597		)		(18,295		)
Accrued revenue		(2,073		)		(1,829		)
Lease accounting		(42,381		)		(39,962		)
Foreign exchange		(1,211		)		(10,880		)
Other		(3,971		)		(6,826		)
Total deferred tax liabilities		(179,769		)		(207,060		)
Net deferred tax liabilities		$	(9,358	)		$	(10,459	)

Summary of operating loss carryforwards

(in thousands)		Gross				Tax Effected
Year ending December 31,
2022		$	3,960			$	749
2023		2,296				533
2024		3,153				711
2025		21,012				4,664
2026		21,767				4,843
Thereafter		25,465				6,501
Unlimited		189,670				45,792
Total		$	267,323			$	63,793

Schedule of reconciliation of beginning and ending amount of unrecognized tax benefit

		Year Ended December 31,
(in thousands)		2021				2020
Beginning balance		$	39,785			$	44,535
Additions based on tax positions related to the current year		3,815				7,331
Additions for tax positions of prior years		—				—
Reductions for tax positions of prior years		(1,998		)		(1,349		)
Settlements		—				(10,127		)
Statute of limitations expiration		(612		)		(605		)
Ending balance		$	40,990			$	39,785

Schedule of income tax examinations

Jurisdictions	Periods
U.S. (Federal)	2014 through 2021
Germany	2016 through 2021
Greece	2013 through 2021
Spain	2015 through 2021
U.K.	2018 through 2021

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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 income tax examinations that an enterprise is currently subject to or that have been completed in the current period typically including a description of the examination, the jurisdiction conducting the examination, the tax year(s) under examination, the likelihood of an unfavorable settlement, the range of possible losses, the liability recorded, the increase or decrease in the liability from the prior period, and any penalties and interest that have been recorded.

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