Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The benefit from (provision for) income taxes in 2014, 2013 and 2012 consists of current and deferred federal, state and foreign taxes based on income as follows:

	2014			2013			2012
	(In thousands)
Current:
Federal	$	1,388		$	(8,889	)	$	(2,492	)
State	(160		)	(287		)	(1,309		)
Foreign	44			(2,456		)	(863		)
	1,272			(11,632		)	(4,664		)
Deferred:
Federal	5,357			(10,726		)	(26,388		)
State	208			20,999			(3,920		)
Foreign	—			(1		)	(66		)
	5,565			10,272			(30,374		)
Total benefit from (provision for) income taxes	$	6,837		$	(1,360	)	$	(35,038	)

Schedule of Income before Income Tax, Domestic and Foreign

The components of (loss) income before income taxes consisted of:

	2014			2013			2012
	(In thousands)
Domestic	$	(19,730	)	$	17,516		$	92,998
International	(19,318		)	(644		)	(6,790		)
Total	$	(39,048	)	$	16,872		$	86,208

Schedule of Effective Income Tax Rate Reconciliation

The difference between tax expense and the amount computed by applying the statutory federal income tax rate of 35% in 2014, 2013, and 2012 to income before income taxes is as follows:

	Year Ended December 31,
	2014			2013			2012
	(In thousands)
Statutory rate applied to pre-tax income	$	(13,667	)	$	5,905		$	30,202
Add (deduct):
State income taxes, net of federal benefit	(31		)	(13,463		)	3,399
Foreign	6,946			1,854			2,136
Revaluation of contingent purchase price	3,742			5,930			(511		)
Tax credits	(2,598		)	(6,052		)	(1,712		)
Lobbying costs	60			—			171
Acquisition costs	198			3,024			—
Meals and entertainment	502			468			386
Uncertain tax positions	(101		)	2,574			542
Other	1,461			1,120			425
Deferred Tax Asset Adjustment	(3,349		)	—			—
Income tax provision (benefit)	$	(6,837	)	$	1,360		$	35,038

Schedule of Deferred Tax Assets and Liabilities

The significant components of the Company’s deferred tax assets are as follows:

	December 31,
	2014			2013
	(In thousands)
Deferred tax assets:
Net operating loss carryforwards	$	81,603		$	49,451
Tax credits	17,451			13,279
Intangible assets	7,828			29,370
Stock based compensation	22,427			16,371
Other	20,103			16,174
Total deferred tax assets	149,412			124,645
Valuation allowance	(43,874		)	(4,186		)
Total deferred tax assets net of valuation allowance	105,538			120,459
Deferred tax liabilities:
Fixed assets	$	(5,099	)	$	(4,044	)
Indefinite lived intangible assets	(231,818		)	(231,662		)
Total deferred tax liabilities	(236,917		)	(235,706		)
Net deferred tax liabilities	$	(131,379	)	$	(115,247	)

Summary of Tax Credit Carryforwards

At December 31, 2014, the Company has federal net operating loss carryforwards available to reduce taxable income and federal research and development tax credit carryforwards available to reduce future tax liabilities. They expire approximately as follows:

	Federal Net Operating Loss		Federal Research and Development Tax Credit
Year of Expiration	Carryforwards		Carryforwards
	(In thousands)
2018-2024	$	—	$	—
2027	6,256		840
2028	40,193		2,108
2029	9,742		1,148
2030	5,281		1,162
2031	3,292		3,097
2032	2,917		3,622
2033	38,155		3,239
2034	4,449		3,000
	$	110,285	$	18,216

Summary of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows:

	Gross
	Unrecognized
	Tax Benefits
	(In thousands)
Balance at January 1, 2013	$	2,433
Additions related to current year tax positions	600
Additions for prior year tax positions	5,090
Balance at December 31, 2013	8,123
Additions related to current year tax positions	519
Additions for prior year tax positions	818
Reductions for prior year tax positions	(621		)
Balance at December 31, 2014	$	8,839