Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

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,
	2021		2020		2019
Domestic	$	269,400	$	108,078	$	120,295
Foreign	(141,053)		(135,913)		(213,460)
Income (loss) from continuing operations before income taxes	$	128,347	$	(27,835)	$	(93,165)

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,
	2021		2020		2019
Current benefit (provision), net:
Federal	$	(9,324)	$	(2,750)	$	(5,089)
State	(15,171)		(4,868)		286
Foreign	(3,467)		(2,116)		(633)
Total current benefit (provision), net	$	(27,962)	$	(9,734)	$	(5,436)

Deferred benefit (provision), net:
Federal	$	(41,665)	$	(9,707)	$	(7,511)
State	(2,155)		3,497		(10,964)
Foreign	6,156		(8,125)		3,423
Total deferred benefit (provision), net	(37,664)		(14,335)		(15,052)
Total income tax benefit (provision), net	$	(65,626)	$	(24,069)	$	(20,488)

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,
	2021		2020		2019
Statutory rate	$	(26,953)	$	5,845	$	19,565
State income taxes, net of federal provision (benefit)	(14,140)		(349)		(8,137)
Permanent differences	(5,804)		(2,209)		(6,531)
Tax credits	6,914		1,353		12,453
Valuation allowance	(40,743)		(44,212)		(54,251)
Rates different than statutory	18,137		17,180		18,786
Withholding tax	(646)		(766)		(2,171)
Other	(2,391)		(911)		(202)
Total income tax benefit (provision), net	$	(65,626)	$	(24,069)	$	(20,488)

Schedule of Deferred Tax Assets and Liabilities

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


	As of December 31,
	2021		2020
Deferred tax assets:
Net operating losses, credit and other carryforwards	$	253,767	$	274,894
Unrealized losses on investments, net	44,651		43,693
Accrued expenses	31,996		21,787
Stock-based compensation	7,067		6,723
Other assets	19,776		35,689
Total deferred tax assets	357,257		382,786
Valuation allowance	(234,571)		(225,593)
Deferred tax assets after valuation allowance	$	122,686	$	157,193

Deferred tax liabilities:
Depreciation and amortization	$	(493,093)	$	(514,091)
Other liabilities	(27,860)		(1,217)
Total deferred tax liabilities	(520,953)		(515,308)
Total net deferred tax liabilities	$	(398,267)	$	(358,115)

Net deferred tax assets (liabilities) foreign jurisdiction	$	(7,242)	$	1,781
Net deferred tax assets (liabilities) domestic	(391,025)		(359,896)
Total net deferred tax assets (liabilities)	$	(398,267)	$	(358,115)

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,
	2021		2020		2019
Unrecognized tax benefit balance as of beginning of period:	$	150,060	$	70,401	$	69,540
Additions based on tax positions related to the current year	193		3,349		861
Additions based on tax positions related to prior years	105		76,882		—
Reductions based on tax positions related to prior years	(82)		(572)		—
Balance as of end of period	$	150,276	$	150,060	$	70,401