INCOME TAXES INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Income before Income Tax, Domestic and Foreign

Income (loss) before income taxes consisted of the following (in thousands):



	Year Ended December 31,
	2015			2014			2013
Income (loss) before income taxes
United States	$	(72,556	)	$	(148,683	)	$	(197,976	)
Foreign	78,608			87,217			52,723
Total income (loss) before income taxes	$	6,052		$	(61,466	)	$	(145,253	)

Summary of Income Tax Expense (Benefit)

The income tax benefit consisted of the following (in thousands):



	Year Ended December 31,
	2015			2014			2013
Current income tax expense:
Federal	$	23,724		$	9,443		$	2,769
State	1,201			2,456			1,040
Foreign	2,191			382			2,623
Total	27,116			12,281			6,432
Deferred income tax (benefit):
Federal	(49,765		)	(54,314		)	(68,549		)
State	(2,195		)	(3,747		)	(3,381		)
Foreign	1,478			3,042			(55		)
Total	(50,482		)	(55,019		)	(71,985		)
Income tax benefit	$	(23,366	)	$	(42,738	)	$	(65,553	)

Computation of Total Income Tax Expense

Total income tax benefit differed from the amounts computed by applying the U.S. federal income tax rate of 35% to income before income tax expense as a result of the following (in thousands):



	Year Ended December 31,
	2015			2014			2013
Computed expected tax expense (benefit)	$	2,118		$	(21,513	)	$	(50,839	)
State income taxes, net of federal tax benefit	(945		)	(1,799		)	(2,141		)
Foreign taxes at rates other than 35%	(19,925		)	(19,834		)	(6,464		)
Shareholder appraisal litigation related to the Transaction	—			3,655			442
Domestic Manufacturing Deduction	(2,035		)	—			—
Research and development tax credits	(3,215		)	(2,384		)	(6,671		)
Other	636			(863		)	120
Income tax benefit	$	(23,366	)	$	(42,738	)	$	(65,553	)

Components of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities were as follows (in thousands):



	December 31, 2015			December 31, 2014
Deferred tax assets:
Deferred compensation	$	4,191		$	3,550
Net operating loss carryforwards — U.S.	4,805			5,769
Net operating loss carryforwards — Foreign	813			914
Tax credits	7,101			9,127
Deferred revenue differences	336			—
Interest limitation	23,320			21,602
Other accruals and reserves	3,366			2,497
Valuation allowance	(2,449		)	(2,023		)
Total gross deferred tax assets	41,483			41,436
Deferred tax liabilities:
Intangible assets	(90,552		)	(129,750		)
Content in process	(4,315		)	(8,635		)
Depreciation differences	(3,187		)	(4,432		)
Deferred financing costs	(3,132		)	(8,803		)
Total gross deferred tax liabilities	(101,186		)	(151,620		)
Net deferred tax liability	$	(59,703	)	$	(110,184	)

Summary of Activity Related to Unrecognized Tax Benefits

A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits is as follows (in thousands):



	Year Ended December 31,
	2015			2014			2013
Gross unrecognized tax benefits at beginning of period	$	16,138		$	8,671		$	4,500
Decreases related to lapse of statute of limitations	(909		)	(1,443		)	(1,235		)
Decreases related to effective settlements with taxing authorities	(243		)	—			—
Increases related to tax positions taken in prior years	—			1,346			3,521
Increases related to tax positions taken in current year	6,810			7,564			1,885
Balance at end of period	$	21,796		$	16,138		$	8,671