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137 - Disclosure - Income Taxes (Tables)
(http://www.aciworldwide.com/taxonomy/role/NotesToFinancialStatementsIncomeTaxDisclosureTextBlockTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000935036 (http://www.sec.gov/CIK)
Income Tax Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Income Tax Disclosure [Abstract]
 
Components of Income Before Income Taxes

For financial reporting purposes, income before income taxes includes the following components (in thousands):

 

     Years Ended December 31,  
     2016      2015      2014  

United States

    $ 134,740      $ 52,563      $ 47,963  

Foreign

      50,841        60,810        50,806  
  

 

 

     

 

 

     

 

 

  

Total

    $ 185,581      $ 113,373      $ 98,769  
  

 

 

     

 

 

     

 

 

  
  
Income Tax Expense (Benefit)

The expense (benefit) for income taxes consists of the following (in thousands):

 

     Years Ended December 31,  
     2016      2015      2014  

Federal

         

Current

    $ 14,108      $ (6,889 )     $ 7,895  

Deferred

      19,034        18,024        7,021  
  

 

 

     

 

 

     

 

 

  

Total

      33,142        11,135        14,916  

State

         

Current

      12,565        379        1,542  

Deferred

      (2,502 )       (4,096 )       (2,397 ) 
  

 

 

     

 

 

     

 

 

  

Total

      10,063        (3,717 )       (855 ) 

Foreign

         

Current

      11,671        15,117        13,335  

Deferred

      1,170        5,402        3,813  
  

 

 

     

 

 

     

 

 

  

Total

      12,841        20,519        17,148  
  

 

 

     

 

 

     

 

 

  

Total

    $ 56,046      $ 27,937      $ 31,209  
  

 

 

     

 

 

     

 

 

  
  
Summary of Differences Between Income Tax Expense Computed at Statutory Federal Income Tax Rate and Per Consolidated Statements of Income

Differences between the income tax expense computed at the statutory federal income tax rate and per the consolidated statements of income are summarized as follows (in thousands):

 

     Years Ended December 31,  
     2016      2015      2014  

Tax expense at federal rate of 35%

    $ 64,953      $ 39,680      $ 34,569  

State income taxes, net of federal benefit

      7,060        (2,462 )       (544 ) 

Change in valuation allowance

      (8,524 )       (9,066 )       3,521  

Foreign tax rate differential

      (11,830 )       (5,710 )       (5,508 ) 

Unrecognized tax benefit increase

      1,045        2,977        65  

Tax effect of foreign operations

      5,988        261        (104 ) 

Acquisition costs

      28        —          289  

Tax benefit of research & development

      (1,088 )       (871 )       (3,446 ) 

Other

      (1,586 )       3,128        2,367  
  

 

 

     

 

 

     

 

 

  

Income tax provision

    $ 56,046      $ 27,937      $ 31,209  
  

 

 

     

 

 

     

 

 

  
  
Deferred Tax Assets and Liabilities Result from Differences in Timing of Recognition of Certain Income and Expense Items for Tax and Financial Accounting Purposes

The deferred tax assets and liabilities result from differences in the timing of the recognition of certain income and expense items for tax and financial accounting purposes. The sources of these differences at each balance sheet date are as follows (in thousands):

 

     December 31,  
     2016      2015  

Deferred income tax assets:

      

Net operating loss carryforwards

    $ 65,351      $ 112,193  

Tax credits

      25,173        40,614  

Compensation

      39,340        25,752  

Deferred revenue

      27,303        25,287  

Other

      6,279        8,346  
  

 

 

     

 

 

  

Gross deferred income tax assets

      163,446        212,192  

Less: valuation allowance

      (9,659 )       (18,742 ) 
  

 

 

     

 

 

  

Net deferred income tax assets

    $ 153,787      $ 193,450  
  

 

 

     

 

 

  

Deferred income tax liabilities:

      

Depreciation and amortization

    $ (102,657 )     $ (130,645 ) 
  

 

 

     

 

 

  

Total deferred income tax liabilities

      (102,657 )       (130,645 ) 
  

 

 

     

 

 

  

Net deferred income taxes

    $ 51,130      $ 62,805  
  

 

 

     

 

 

  

Deferred income taxes / liabilities included in the balance sheet are:

      

Deferred income tax asset—noncurrent

    $ 77,479      $ 90,872  

Deferred income tax liability—noncurrent

      (26,349 )       (28,067 ) 
  

 

 

     

 

 

  

Net deferred income taxes

    $ 51,130      $ 62,805  
  

 

 

     

 

 

  
  
Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended December 31 is as follows (in thousands):

 

     2016      2015      2014  

Balance of unrecognized tax benefits at beginning of year

    $ 21,079      $ 14,780      $ 14,996  

Increases for tax positions of prior years

      58        1,449        84  

Decreases for tax positions of prior years

      (361 )       (47 )       (412 ) 

Increases for tax positions established for the current period

      5,185        9,866        491  

Decreases for settlements with taxing authorities

      (167 )       (594 )       —    

Reductions resulting from lapse of applicable statute of limitation

      (1,310 )       (4,218 )       (239 ) 

Adjustment resulting from foreign currency translation

      (206 )       (157 )       (140 ) 
  

 

 

     

 

 

     

 

 

  

Balance of unrecognized tax benefits at end of year

    $ 24,278      $ 21,079      $ 14,780