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1051 - Disclosure - Income Taxes (Tables)
(http://www.alere.com/taxonomy/role/NotesToFinancialStatementsIncomeTaxDisclosureTextBlockTables)
Table(Implied)
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Income Tax Disclosure [Abstract]Period [Axis]
2015-01-01 - 2015-12-31
Income Tax Disclosure [Abstract]
 
Summary of Income (Loss) Before Provision (Benefit) for Income Taxes

Income (loss) before provision (benefit) for income taxes consists of the following (in thousands):

Continuing Operations:

 

     2015      2014      2013  

United States

   $ (226,051    $ (184,936    $ (195,244

Foreign

     145,061         66,603         75,238   
  

 

 

    

 

 

    

 

 

 
   $ (80,990    $ (118,333    $ (120,006
  

 

 

    

 

 

    

 

 

 
 
Components of Deferred Tax Assets and Liabilities

The income tax effects of these temporary differences, are as follows (in thousands):

 

     2015     2014  

Deferred tax assets:

    

NOL and capital loss carryforwards

   $ 221,728      $ 119,142   

Outside basis differences

     —         211,880   

Tax credit carryforwards

     107,750        93,057   

Nondeductible reserves

     45,053        43,393   

Nondeductible accruals

     26,490        34,284   

Difference between book and tax bases of tangible assets

     1,735        881   

Difference between book and tax bases of intangible assets

     19,678        31,010   

Deferred revenue

     7,426        6,483   

All other

     16,477        18,950   
  

 

 

   

 

 

 

Gross deferred tax assets

     446,337        559,080   

Less: Valuation allowance

     (262,223     (228,633
  

 

 

   

 

 

 

Total deferred tax assets

     184,114        330,447   
  

 

 

   

 

 

 

Deferred tax liabilities:

    

Difference between book and tax bases of tangible assets

     20,990        30,919   

Difference between book and tax bases of intangible assets

     277,871        364,815   

Debt

     2,344        12,895   

Other

     16,534        19,560   
  

 

 

   

 

 

 

Total deferred tax liabilities

     317,739        428,189   
  

 

 

   

 

 

 

Net deferred tax liabilities

   $ (133,625   $ (97,742
  

 

 

   

 

 

 

Reported as:

    

Deferred tax assets, current portion

   $ —       $ 127,920   

Net non-current deferred tax assets

     13,993        6,318   

Deferred tax liabilities, current portion

     —         (17

Net non-current deferred tax liabilities

     (147,618     (231,963
  

 

 

   

 

 

 

Net deferred tax liabilities

   $ (133,625   $ (97,742
  

 

 

   

 

 

 
 
 
Components of Provision (Benefit) for Income Taxes

The following table presents the components of our provision (benefit) for income taxes (in thousands) for continuing operations:

 

     2015     2014     2013  

Current:

      

Federal

   $ (10,569   $ 6,857      $ 19,948   

State

     2,331        487        (12

Foreign

     54,921        51,332        57,852   
  

 

 

   

 

 

   

 

 

 
     46,683        58,676        77,788   
  

 

 

   

 

 

   

 

 

 

Deferred:

      

Federal

     (71,748     25,629        (86,254

State

     (8,572     (4,142     (6,513

Foreign

     (19,067     (9,233     (29,728
  

 

 

   

 

 

   

 

 

 
     (99,387     12,254        (122,495
  

 

 

   

 

 

   

 

 

 

Total provision (benefit) for income taxes

   $ (52,704   $ 70,930      $ (44,707
  

 

 

   

 

 

   

 

 

 

 
 
Reconciliation from U.S. Statutory Tax Rate to Effective Tax Rate

The following table presents a reconciliation from the U.S. statutory tax rate to our effective tax rate:

 

     2015     2014     2013  

Statutory rate

     35     35     35

Stock-based compensation

     (1     (1     (3

Rate differential on foreign earnings

     20        3        4   

Impact of foreign inclusion

     —         (2     (3

U.S. federal research and development credit

     3        1        3   

State income taxes, net of federal benefit

     7        3        (2

Contingent consideration

     27        (3     (3

Rate changes

     1        (3     7   

Return to provision

     4        19        (3

Other permanent items

     (1     3        1   

Section 199 deduction

     —         —          2   

Bargain purchase

     —         —          3   

Change in valuation allowance

     (8     (72     6   

Foreign dividends, net

     (13     (19     (9

Uncertain tax positions

     (6     (18     (1

Withholding Taxes

     (2     (6     —    
  

 

 

   

 

 

   

 

 

 

Effective tax rate

     66     (60 )%      37
  

 

 

   

 

 

   

 

 

 

 
 
Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits for uncertain tax positions excluding interest and penalties is as follows (in thousands):

 

     Amount  

Balance as of January 1, 2013

   $ 23,640   

Additions for tax positions related to prior years

     —    

Additions for tax positions related to current year

     7,654   

Reductions for tax positions related to prior years

     (900
  

 

 

 

Balance as of December 31, 2013

     30,394   

Additions for tax positions related to prior years

     20,797   

Additions for tax positions related to current year

     3,217   

Reductions for tax positions related to prior years

     (4,477
  

 

 

 

Balance as of December 31, 2014

     49,931   

Additions for tax positions related to prior years

     823   

Additions for tax positions related to current year

     71,505   

Reductions for tax positions and of lapse of statute of limitations related to prior years

     (1,552
  

 

 

 

Balance as of December 31, 2015

   $ 120,707