Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

	Year Ended December 31,
	2016		2015		2014
Domestic	$	130,718	$	415,694	$	60,451
Noncontrolling interest and redeemable noncontrolling interest		98,132		—		—
Foreign		517,498		459,930		224,185
Loss before income taxes	$	746,348	$	875,624	$	284,636

Components of Provision for Income Taxes

The components of the provision for income taxes for the years ended December 31, 2016, 2015 and 2014, consisted of the following (in thousands):

	Year Ended December 31,
	2016			2015		2014
Current:
Federal	$	—		$	—	$	—
State		568			525		257
Foreign		53,962			10,342		9,203
Total current		54,530			10,867		9,460
Deferred:
Federal		—			—		—
State		—			—		—
Foreign		(27,832	)		2,172		(56	)
Total deferred		(27,832	)		2,172		(56	)
Total provision for income taxes	$	26,698		$	13,039	$	9,404

Schedule of Deferred Tax Assets (Liabilities)

Deferred tax assets (liabilities) as of December 31, 2016 and 2015 consisted of the following (in thousands):

	December 31,			December 31,
	2016			2015
Deferred tax assets:
Net operating loss carry-forwards	$	648,652		$	404,377
Research and development credits		208,499			73,068
Other tax credits		106,530			30,079
Deferred revenue		268,434			162,272
Inventory and warranty reserves		95,570			53,410
Depreciation and amortization		—			66
Stock-based compensation		120,955			71,009
Financial Instruments		—			35,073
Investment in certain financing funds		237,759			—
Accruals and others		67,769			29,547
Total deferred tax assets		1,754,168			858,901
Valuation allowance		(1,022,705	)		(668,432	)
Deferred tax assets, net of valuation allowance		731,463			190,469
Deferred tax liabilities:
Depreciation and amortization		(679,969	)		(188,240	)
Other		(3,779	)		(4,309	)
Financial Instruments		(22,033	)		—
Total deferred tax liabilities		(705,781	)		(192,549	)
Deferred tax assets, net of valuation allowance and deferred tax liabilities	$	25,682		$	(2,080	)

Schedule of Reconciliation of Statutory Federal Income Taxes to Effective Taxes

Reconciliation of statutory federal income taxes to our effective taxes for the years ended December 31, 2016, 2015 and 2014 is as follows (in thousands):

	Year Ended December 31,
	2016			2015			2014
Tax at statutory federal rate	$	(261,222	)	$	(306,470	)	$	(99,622	)
State tax, net of federal benefit		568			525			257
Nondeductible expenses		26,547			16,711			15,238
Foreign income rate differential		206,470			172,259			86,734
U.S. tax credits		(162,865	)		(43,911	)		(26,895	)
Noncontrolling interests and redeemable noncontrolling interests adjustment		21,964			—			—
Investment in certain financing bonds		(31,055	)		—			—
Other reconciling items		785			1,232			877
Change in valuation allowance		225,506			172,693			32,815
Provision for income taxes	$	26,698		$	13,039		$	9,404

Schedule of Aggregate Changes in Balance of Gross Unrecognized Tax Benefits

The aggregate changes in the balance of our gross unrecognized tax benefits during the years ended December 31, 2016, 2015 and 2014 were as follows (in thousands):


January 1, 2014	$	13,370
Increases in balances related to prior year tax positions		56
Increases in balances related to current year tax positions		27,951
December 31, 2014		41,377
Increase in balances related to prior year tax positions		6,626
Increases in balances related to current year tax positions		51,124
December 31, 2015		99,127
Increase in balances related to prior year tax positions		28,677
Increases in balances related to current year tax positions		62,805
Assumed uncertain tax positions through acquisition		13,327
December 31, 2016	$	203,936