Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Income Before Income Taxes

Income before income taxes and the provision for income taxes consisted of the following:

	Year Ended December 31,
	2018		2017		2016
	(In thousands)
United States	$	32,237	$	36,461	$	89,877
International	10,967		9,763		16,618
Total	$	43,204	$	46,224	$	106,495

Schedule of Components of Income Tax Expense (Benefit)

	Year Ended December 31,
	2018			2017			2016
	(In thousands)
Current:
U.S. Federal	$	(587	)	$	25,733		$	28,796
State	(2,338		)	2,435			2,412
Foreign	4,267			1,545			4,130
	1,342			29,713			35,338
Deferred:
U.S. Federal	20,930			27,936			1,139
State	2,514			190			762
Foreign	1,092			(482		)	(1,056		)
	24,536			27,644			845
Total	$	25,878		$	57,357		$	36,183

Schedule of Deferred Tax Assets and Liabilities

Net deferred tax assets consisted of the following:

	Year Ended December 31,
	2018			2017
	(In thousands)
Deferred Tax Assets:
Accruals and allowances	$	20,765		$	16,629
Net operating loss carryforwards	1,673			50
Stock-based compensation	5,734			5,634
Deferred rent	1,296			1,977
Deferred revenue	1,100			1,459
Tax credit carryforwards	1,661			974
Acquired intangibles	31,902			15,598
Depreciation and amortization	866			904
Total deferred tax assets	64,997			43,225
Deferred Tax Liabilities:
Other	(706		)	(362		)
Total deferred tax liabilities	(706		)	(362		)
Valuation Allowance (1)	(6,734		)	(4,570		)
Net deferred tax assets	$	57,557		$	38,293

Schedule of Effective Income Tax Rate Reconciliation

The effective tax rate differs from the applicable U.S. statutory federal income tax rate as follows:

	Year Ended December 31,
	2018		2017		2016
Tax at federal statutory rate	21.0	%	35.0	%	35.0	%
State, net of federal benefit	1.5	%	1.0	%	1.8	%
Impact of international operations	1.9	%	(8.8	)%	(2.8	)%
Stock-based compensation	(0.3	)%	(3.9	)%	1.2	%
Tax credits	(2.6	)%	(2.0	)%	(0.9	)%
Valuation allowance	1.4	%	—	%	—	%
Impact of the Tax Act	(15.4	)%	104.6	%	—	%
Write-off of future tax benefits related to Arlo	52.2	%	—	%	—	%
Others	0.2	%	(1.8	)%	(0.3	)%
Provision for income taxes	59.9	%	124.1	%	34.0	%

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits (“UTB”) is as follows:

	Federal, State, and Foreign Tax
	(In thousands)
Balance as of December 31, 2015	$	12,830
Additions based on tax positions related to the current year	1,523
Additions for tax positions of prior years	45
Reductions for tax positions of prior years	(237		)
Reductions due to lapse of applicable statutes	(627		)
Adjustments due to foreign exchange rate movement	(569		)
Balance as of December 31, 2016	12,965
Additions based on tax positions related to the current year	938
Additions for tax positions of prior years	32
Reductions for tax positions of prior years	(1,477		)
Reductions due to lapse of applicable statutes	(899		)
Adjustments due to foreign exchange rate movement	1,008
Balance as of December 31, 2017	$	12,567
Additions based on tax positions related to the current year	637
Additions for tax positions of prior years	280
Reductions for tax positions of prior years	(116		)
Reductions due to lapse of applicable statutes	(999		)
Adjustments due to foreign exchange rate movement	(386		)
Balance as of December 31, 2018	$	11,983