XML 127 R110.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Effective Income Tax Rate Reconciliation [Abstract]      
Income tax expense (benefit) at the statutory income tax rate $ 58,794 $ 37,241 $ (46,598)
Change in valuation allowance 201,996 75,081 95,051
Deduction on subsidiary equity (180,460) (153,655) (158,488)
Change in estimates 106,007 5,472 14,065
Patent box incentive benefit (65,413) (13,862) (6,203)
Research and other tax credits (65,255) (49,900) (27,976)
Foreign derived intangible income benefit (39,470) (42,400) (29,541)
Foreign income tax rate differential 38,346 (7,763) 5,863
Non-deductible financing costs 22,437 15,705 4,504
Tax deficiencies/(excess tax benefits) from share-based compensation 18,074 3,959 (1,690)
Non-deductible compensation 10,889 14,092 13,505
Change in unrecognized tax benefits 9,767 (12,612) 5,029
Change in tax rate 938 (605) (16,790)
Non-deductible facility expense 22 16,618 8,093
Non-deductible royalty expense 0 0 6,274
Other 3,913 3,661 4,387
Total income tax benefit $ (91,429) $ (119,912) $ (158,645)