Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Components of Income (Loss) Before Income Taxes

The following table presents the components of Income (loss) from continuing operations before income taxes in the Consolidated Statements of Operations:


	For the years ended December 31,
	2020		2019		2018
Domestic	$	108,078	$	120,295	$	33,176
Foreign	(135,913)		(213,460)		(158,962)
Income (loss) from continuing operations before income taxes	$	(27,835)	$	(93,165)	$	(125,786)

Schedule of Components of the Benefit (Provision) for Income Taxes

The following table presents the components of Income tax benefit (provision), net, in the Consolidated Statements of Operations:


	For the years ended December 31,
	2020		2019		2018
Current benefit (provision), net:
Federal	$	(2,750)	$	(5,089)	$	(1,476)
State	(4,868)		286		4,881
Foreign	(2,116)		(633)		(2,690)
Total current benefit (provision), net	$	(9,734)	$	(5,436)	$	715

Deferred benefit (provision), net:
Federal	$	(9,707)	$	(7,511)	$	6,857
State	3,497		(10,964)		(14,375)
Foreign	(8,125)		3,423		227
Total deferred benefit (provision), net	(14,335)		(15,052)		(7,291)
Total income tax benefit (provision), net	$	(24,069)	$	(20,488)	$	(6,576)

Schedule of Income Tax Rate Reconciliation

The following table presents our actual tax provisions reconciled to the amounts computed by applying the statutory federal tax rate to Income (loss) from continuing operations before income taxes in the Consolidated Statements of Operations :


	For the years ended December 31,
	2020		2019		2018
Statutory rate	$	5,845	$	19,565	$	26,415
State income taxes, net of federal provision (benefit)	(349)		(8,137)		(10,519)
Permanent differences	(2,209)		(6,531)		(1,367)
Tax credits	1,353		12,453		7,825
Valuation allowance	(44,212)		(54,251)		(50,118)
Rates different than statutory	17,180		18,786		20,254
Withholding tax	(766)		(2,171)		(80)
Other	(911)		(202)		1,014
Total income tax benefit (provision), net	$	(24,069)	$	(20,488)	$	(6,576)

Schedule of Deferred Tax Assets and Liabilities

The following table presents the components of our deferred tax assets and liabilities:


	As of December 31,
	2020		2019
Deferred tax assets:
Net operating losses, credit and other carryforwards	$	274,894	$	289,353
Unrealized losses on investments, net	43,693		39,018
Accrued expenses	21,787		19,660
Stock-based compensation	6,723		5,772
Other assets	35,689		28,163
Total deferred tax assets	382,786		381,966
Valuation allowance	(225,593)		(181,032)
Deferred tax assets after valuation allowance	$	157,193	$	200,934

Deferred tax liabilities:
Depreciation and amortization	$	(514,091)	$	(544,158)
Other liabilities	(1,217)		(1,217)
Total deferred tax liabilities	(515,308)		(545,375)
Total net deferred tax liabilities	$	(358,115)	$	(344,441)

Net deferred tax asset foreign jurisdiction	$	1,781	$	7,251
Net deferred tax liability domestic	(359,896)		(351,692)
Total net deferred tax liabilities	$	(358,115)	$	(344,441)

Schedule of Reconciliation of Unrecognized Tax Benefits

The following table presents the reconciliation of the beginning and ending amount of unrecognized income tax benefits:


	For the years ended December 31,
	2020		2019		2018
Unrecognized tax benefit balance as of beginning of period:	$	70,401	$	69,540	$	63,296
Additions based on tax positions related to the current year	3,349		861		4,361
Additions based on tax positions related to prior years	76,882		—		2,539
Reductions based on tax positions related to prior years	(572)		—		(656)
Balance as of end of period	$	150,060	$	70,401	$	69,540