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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Components of Provision for Income Taxes

The provision for (benefit from) income taxes consists of the following (in thousands):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Current provision:
 
 
 
 
 
Federal
$
391

 
$
(336
)
 
$
(445
)
State
204

 
163

 
137

Foreign
15,657

 
22,204

 
9,512

 
16,252

 
22,031

 
9,204

Deferred provision:
 
 
 
 
 
Federal
(3,481
)
 
(2,026
)
 
(5,934
)
State
(882
)
 
(377
)
 
(886
)
Foreign
(571,402
)
 
(31,948
)
 
1,056

 
(575,765
)
 
(34,351
)
 
(5,764
)
(Benefit from) provision for income taxes
$
(559,513
)
 
$
(12,320
)
 
$
3,440


Components of Loss From Continuing Operations Before Income Taxes
The components of income (loss) before income taxes by U.S. and foreign jurisdictions were as follows (in thousands):
 
Year Ended December 31,
 
2019
 
2018
 
2017
United States
$
(48,558
)
 
$
(153,290
)
 
$
(61,259
)
Foreign
115,743

 
114,266

 
(52,147
)
Total
$
67,185

 
$
(39,024
)
 
$
(113,406
)

Reconciliation of Federal Income Tax Rate
The effective income tax rate differs from the federal statutory income tax rate applied to the income (loss) before income taxes due to the following (in thousands): 
 
Year Ended December 31,
 
2019
 
2018
 
2017
Tax computed at U.S. federal statutory rate
$
14,109

 
$
(8,195
)
 
$
(38,558
)
State taxes, net of federal benefit
122

 
98

 
64

Tax rate differential for international subsidiaries
(5,005
)
 
(41,429
)
 
23,532

Stock-based compensation
(108,023
)
 
(93,073
)
 
(116,953
)
Tax credits
(51,237
)
 
(44,695
)
 
(21,038
)
Foreign restructuring and amortization

 
(625,292
)
 
2,794

Non-deductible expenses
21,953

 
9,657

 
2,833

Tax effects associated with Topic 606

 
(23,073
)
 
3,314

Other
448

 
408

 
607

Valuation allowance
(431,880
)
 
813,274

 
146,845

(Benefit from) provision for income taxes
$
(559,513
)
 
$
(12,320
)
 
$
3,440


Reconciliation of Deferred Tax Assets and Liabilities
Significant components of our deferred tax assets are shown below (in thousands). A valuation allowance has been recognized to offset our deferred tax assets, as necessary, by the amount of any tax benefits that, based on evidence, are not expected to be realized.

 
December 31,
 
2019
 
2018
Deferred tax assets:
 
 
 
Net operating loss carryforwards
$
734,755

 
$
610,314

Credit carryforwards
171,856

 
120,594

Lease liability
108,224

 

Depreciation and amortization
577,599

 
594,496

Other
96,535

 
103,917

Total deferred tax assets
1,688,969

 
1,429,321

Less valuation allowance
(918,596
)
 
(1,342,981
)
 
770,373

 
86,340

Deferred tax liabilities:
 
 
 
Right of use asset
(101,091
)
 

Other
(73,818
)
 
(67,686
)
Net deferred tax assets
$
595,464

 
$
18,654



Reconciliation of Beginning and Ending Balance of Total Unrecognized Tax Benefits
A reconciliation of the beginning and ending balance of total unrecognized tax benefits is as follows (in thousands):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Balance, beginning period
$
27,591

 
$
27,648

 
$
18,440

Tax positions taken in prior period:
 
 
 
 
 
Gross increases
1,516

 
3,721

 
398

Gross decreases

 
(2,896
)
 

Tax positions taken in current period:
 
 
 
 
 
Gross increases
7,682

 
5,796

 
8,810

Lapse of statute of limitations

 
(1,078
)
 

Settlements

 
(5,600
)
 

Balance, end of period
$
36,789

 
$
27,591

 
$
27,648