XML 52 R38.htm IDEA: XBRL DOCUMENT v3.19.1

TAXES ON INCOME (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities

Deferred taxes reflect the net tax effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts recorded for tax purposes. Significant components of the Company's deferred tax assets and liabilities are as follows:

		December 31,
		2018				2017
Deferred tax assets:
Net operating losses carryforward and tax credits		$	88,528			$	79,196
Share based payments			21,631				16,142
Research and development costs			3,473				3,606
Reserves, allowances and other			21,838				13,313
Deferred tax assets before valuation allowance			135,470				112,257
Valuation allowance			(11,211	)			(8,853	)
Deferred tax assets			124,259				103,404
Deferred tax liabilities:
Acquired intangibles			(126,318	)			(142,352	)
Acquired deferred revenue			(2,033	)			(2,600	)
Internal Use Software and other Fixed Assets			(15,677	)			(4,398	)
Prepaid Compensation Expenses			(12,062	)			-
Deferred tax liabilities			(156,090	)			(149,350	)
Deferred tax liabilities, net		$	(31,831	)		$	(45,946	)

		December 31,
		2018				2017
Deferred tax assets		$	12,309			$	11,850
Deferred tax liabilities			(44,140	)			(57,796	)
Deferred tax liabilities, net		$	(31,831	)		$	(45,946	)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the Company's effective tax rate to the statutory tax rate in Israel is as follows:

		Year ended December 31,
		2018				2017				2016
Income before taxes on income, as reported in the consolidated statements of income		$	186,715			$	129,660			$	144,481
Statutory tax rate in Israel			23.0	%			24.0	%			25.0	%
Preferred Enterprise / Preferred Technology Enterprise benefits (*)			(13.0	)%			(16.8	)%			(8.9	)%
Changes in valuation allowance			(0.0	%			0.0	%			1.0	%
Earnings taxed under foreign law			(1.8	)%			(4.6	)%			(7.7	)%
Tax settlements and other adjustments			7.0	%			14.3	%			5.8	%
U.S. Tax Reform one-time adjustment			(1.6	)%			(23.9	)%			-
Other			1.1	%			(3.5	)%			(0.4	)%
Effective tax rate			14.7	%			(10.5	)%			14.8	%

(*) The effect of the benefit resulting from the "Preferred Enterprise/Preferred Technology Enterprise benefits " status on net earnings per ordinary share is as follows:

Schedule of Effect on Benefit Resulting from "Preferred Enterprise" Status on Net Earnings Per Ordinary Share

The effect of the benefit resulting from the "Preferred Enterprise/Preferred Technology Enterprise benefits " status on net earnings per ordinary share is as follows:

		Year ended December 31,
		2018				2017				2016
Basic		$	0.39			$	0.36			$	0.22
Diluted		$	0.38			$	0.35			$	0.21

Schedule of Income Before Income Tax, Domestic and Foreign

Income before taxes on income is comprised as follows:

		Year ended December 31,
		2018				2017				2016
Domestic		$	193,664			$	188,070			$	131,111
Foreign			(6,949	)			(58,410	)			13,370
		$	186,715			$	129,660			$	144,481

Schedule of Taxes on Income

Taxes on income (tax benefit) are comprised as follows:

		Year ended December 31,
		2018				2017				2016
Current		$	57,549			$	57,174			$	47,318
Deferred			(30,172	)			(70,805	)			(25,906	)
		$	27,377			$	(13,631	)		$	21,412
Domestic		$	29,947			$	27,673			$	28,097
Foreign			(2,570	)			(41,304	)			(6,685	)
		$	27,377			$	(13,631	)		$	21,412

Of which:

		Year ended December 31,
		2018				2017				2016
Domestic taxes:
Current		$	34,370			$	22,808			$	27,932
Deferred			(4,423	)			4,865				165
			29,947				27,673				28,097
Foreign taxes:
Current			23,179				34,366				19,386
Deferred			(25,749	)			(75,670	)			(26,071	)
			(2,570	)			(41,304	)			(6,685	)
Taxes on income (tax benefit)		$	27,377			$	(13,631	)		$	21,412

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending balances of the total amounts of unrecognized tax benefits is as follows:

		December 31,
		2018				2017
Uncertain tax positions, beginning of year		$	43,984			$	26,659
Increases in tax positions for prior years			5,121				5,105
Increases in tax positions for current year			13,353				15,140
Settlements			(3,471	)			-
Expiry of the statute of limitations			(427	)			(2,920	)
Uncertain tax positions, end of year		$	58,560			$	43,984

X

- Definition

Tabular disclosure of the effect of the benefit resulting from the "Preferred Enterprise" status on net earnings per ordinary share.

+ References

No definition available.

+ Details

Name:	NICE_ScheduleOfEffectOnBenefitResultingFromPreferredEnterpriseStatusOnNetEarningsTableTextBlock
Namespace Prefix:	NICE_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

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 http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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 http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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 http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum: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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

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

X

- Definition

Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319

+ Details

Name:	us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration