XML 57 R44.htm IDEA: XBRL DOCUMENT v3.22.4

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income Tax Provision

Our benefit from (provision for) income taxes consisted of the following (in thousands):

			Years Ended December 31,
			2022						2021						2020
Current income taxes:
Federal			$	(113)					$	—					$	—
State			(2,172)						(852)						(459)
Foreign			(3,702)						(7,449)						(5,010)
Total current provision for income taxes			(5,987)						(8,301)						(5,469)
Deferred income taxes:
Federal			147,236						(250)						(187)
State			19,995						(218)						(255)
Foreign			1,448						1,572						551
Total deferred benefit from income taxes			168,679						1,104						109
Total benefit from (provision for) income taxes			$	162,692					$	(7,197)					$	(5,360)

Schedule of Income (Loss) before Benefit from (Provision) for Income Taxes

Income (loss) before benefit from (provision for) income taxes consisted of the following (in thousands):

			Years Ended December 31,
			2022						2021						2020
United States			$	123,269					$	(6,256)					$	(10,369)
Foreign			(19,323)						11,995						9,508
Total income (loss) before benefit from (provision for) income taxes			$	103,946					$	5,739					$	(861)

Schedule of Effective Income Tax Rate Reconciliation

The differences between our benefit from (provision for) income taxes as presented in the accompanying consolidated statements of operations and the income tax expense computed at the federal statutory rate consists of the items shown in the following table as a percentage of income (loss) before benefit from (provision for) income taxes (in percentages):

			Years Ended December 31,
			2022						2021						2020
Income tax at U.S. statutory rate			21.0		%				21.0		%				21.0		%
State, net of federal benefit			1.6						(232.0)						(169.5)
Foreign rate differential			(1.1)						35.5						(285.9)
Share-based compensation			15.3						(209.0)						2,901.5
Non-deductible expenses			1.6						1.5						(50.3)
Tax credits			(0.7)						(28.3)						351.6
Acquisition related			—						17.2						—
Convertible senior notes			15.0						(2,435.3)						(5,854.8)
Other			1.3						0.5						1.2
Change in valuation allowance			(210.5)						2,954.3						2,462.7
Total			(156.5)		%				125.4		%				(622.5)		%

Schedule of Deferred Tax Assets and Liabilities

A summary of our deferred tax assets is as follows (in thousands):

			As of December 31,
			2022						2021
Deferred tax assets:
Accrued expenses and reserves			$	7,990					$	6,402
Share-based compensation			10,078						8,979
Net operating loss and credits carryforwards			147,465						188,329
Property and equipment, textbooks and intangibles assets			—						1,849
Convertible senior notes			16,648						32,254
Research and experimental expenditures capitalization			37,719						—
Other items			6,777						7,221
Gross deferred tax assets			226,677						245,034
Valuation allowance			(36,122)						(238,317)
Total deferred tax assets			$	190,555					$	6,717
Deferred tax liabilities:
Property and equipment, textbooks and intangibles assets			$	(14,766)					$	—
Other			(10,070)						(7,878)
Total deferred tax liabilities			$	(24,836)					$	(7,878)
Net deferred tax asset (liability)			$	165,719					$	(1,161)

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending balances of the total amount of unrecognized tax benefits, excluding accrued interest and penalties, is as follows (in thousands):

			Years Ended December 31,
			2022						2021						2020
Beginning balance			$	16,805					$	14,654					$	10,993
Increase in tax positions for prior years			333						305						479
Decrease in tax positions for prior years			(876)						(952)						(535)
Decrease in tax positions for prior year settlement			(386)						(22)						(208)
Decrease in tax positions for prior years due to statutes lapsing			—						(426)						(26)
Increase in tax positions for current year			1,520						3,309						3,999
Change due to translation of foreign currencies			(443)						(63)						(48)
Ending balance			$	16,953					$	16,805					$	14,654

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 55
-Paragraph 217
-URI https://asc.fasb.org/extlink&oid=126976462&loc=d3e36027-109320

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI https://asc.fasb.org/extlink&oid=121826272&loc=SL6600010-109319

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration