INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

INCOME TAXES [ABSTRACT]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The sources of pre-tax operating income are as follows (in thousands):

	Year Ended December 31,
	2024		2023		2022
Domestic	$	(259,737)	$	(39,871)	$	52,887
Foreign		23,220		80,595		91,561
Total	$	(236,517)	$	40,724	$	144,448

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the Company’s Provision for (benefit from) income taxes are as follows (in thousands):

	Year Ended December 31,
	2024		2023		2022
Current provision for (benefit from)
Federal	$	229	$	3,625	$	10,816
State		—		1,893		5,245
Foreign		15,341		24,470		22,055
Total current provision for (benefit from)		15,570		29,988		38,116
Deferred provision for (benefit from)
Federal		51,389		(14,357)		(3,128)
State		3,494		(848)		(192)
Foreign		3,647		7,677		(7,681)
Total deferred provision for (benefit from)		58,530		(7,528)		(11,001)
Total provision for (benefit from) income taxes	$	74,100	$	22,460	$	27,115

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following reconciles the Company’s effective tax rate to the federal statutory rate (in thousands):

	Year Ended December 31,
	2024		2023		2022
Income tax per U.S. federal statutory rate (21%, 21%, 21%)	$	(49,668)	$	8,552	$	30,334
State income taxes, net of federal deduction		(9,581)		(1,355)		2,717
Change in valuation allowances		110,753		14,917		(3,278)
Foreign income taxes at different rates than the U.S.		7,495		208		1,202
Foreign withholding taxes		3,771		—		—
Taxes related to compensation		3,515		1,542		(66)
Liabilities for uncertain tax positions		616		1,759		(1,435)
Impacts of foreign branch operations		(2,378)		(283)		2,315
Non-taxable earnings of noncontrolling interest		(1,810)		(1,508)		(2,638)
Foreign dividend less foreign tax credits		(1,209)		(1,294)		(1,616)
Impacts of impairments		10,586		—		—
State and Federal income tax credits and NOL's		(3,585)		(4,611)		(4,604)
Foreign earnings taxed currently in U.S.		5,221		2,409		2,978
Taxes related to prior year filings		(850)		675		(432)
Other		1,224		1,449		1,638
Income tax per effective tax rate	$	74,100	$	22,460	$	27,115
Effective tax rate percentage		(31.3)%		55.2%		18.8%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The Company’s deferred income tax assets and liabilities are summarized as follows (in thousands):

	Year Ended December 31,
	2024		2023
Deferred tax assets, gross
Accrued compensation and employee benefits	$	8,436	$	12,687
Allowance for credit losses, insurance and other accruals		6,580		7,855
Amortization of deferred lease liabilities		15,817		21,683
Net operating losses		22,099		22,241
Equity compensation		2,206		—
Customer acquisition and deferred revenue accruals		13,307		15,991
Federal and state tax credits, net		8,818		3,456
Investments		—		7,626
Depreciation and amortization		29,059		19,570
Unremitted foreign earnings		31,026		13,412
Interest expense		30,286		14,957
Unrealized gains on derivatives		867		—
Partnership deferred investment		3,464		—
Other		1,038		630
Total deferred tax assets, gross		173,003		140,108
Valuation allowances		(157,383)		(39,902)
Total deferred tax assets, net		15,620		100,206
Deferred tax liabilities
Intangible assets		(10,232)		(41,447)
Operating lease assets		(12,559)		(18,362)
Other		(1,789)		(5,383)
Total deferred tax liabilities		(24,580)		(65,192)
Net deferred tax assets	$	(8,960)	$	35,014

Valuation Allowance Rollforward

Activity in the Company’s valuation allowance accounts consists of the following (in thousands):

	Year Ended December 31,
	2024		2023		2022
Beginning balance	$	39,902	$	24,944	$	29,620
Additions of deferred income tax expense		121,085		18,410		2,248
Reductions of deferred income tax expense		(3,604)		(3,452)		(6,924)
Ending balance	$	157,383	$	39,902	$	24,944

Summary of Operating Loss Carryforwards [Table Text Block]

As of December 31, 2024, after consideration of all tax loss carry back opportunities, the Company had tax affected tax loss carry forwards worldwide expiring as follows (in thousands):

2025	$	37
2026		603
2027		265
2028		245
After 2028		11,081
No expiration		9,868
Total	$	22,099

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The tabular reconciliation of the reserve for uncertain tax benefits on a gross basis without interest for the three years ended December 31, 2024 is presented below (in thousands):

Balance as of December 31, 2021	$	6,903
Additions for current year tax positions		143
Reductions in prior year tax positions		(479)
Balance as of December 31, 2022		6,567
Additions for current year tax positions		212
Reductions in prior year tax positions		(203)
Balance as of December 31, 2023		6,576
Additions for current year tax positions		218
Reductions in prior year tax positions		(275)
Balance as of December 31, 2024	$	6,519

Summary of Income Tax Examinations [Table Text Block]

Tax Jurisdiction	Tax Year Ended
United States	2017, 2018, and 2021 - Present
Netherlands	2020 - Present
India	2017 - Present
Canada	2020 - Present
Mexico	2019 - Present
Philippines	2021 - Present