TripAdvisor 2013 Annual Report Download - page 110
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A reconciliation of the beginning and ending amount of gross unrecognized tax benefits (excluding interest
and penalties) is as follows:
December 31,
2013 2012 2011
(In thousands)
Balance, beginning of year ............................................ $24,049 $12,900 $ 6,342
Increases to tax positions related to the current year ........................ 12,158 11,854 5,631
Increases to tax positions related to the prior year .......................... 3,936 540 927
Reductions due to lapsed statute of limitations ............................ — — —
Decreases to tax positions related to the prior year ......................... (3,640) — —
Settlements during current year ........................................ (76) (1,245) —
Balance, end of year ................................................. $36,427 $24,049 $12,900
As of December 31, 2013, we had $36.4 million of unrecognized tax benefits, which is classified as long-
term and included in other long-term liabilities. Included in this balance at December 31, 2013 was $19.0 million
of liabilities for uncertain tax positions that, if recognized, would decrease our provision for income taxes. We
recognize interest and penalties related to unrecognized tax benefits in income tax expense. As of December 31,
2013 and 2012, total gross interest and penalties accrued was $1.7 million and $1.0 million, respectively. We
estimate that none of these amounts will be paid within the next year.
NOTE 10: ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
Accrued expenses and other current liabilities consisted of the following for the periods presented:
December 31,
2013 2012
(In thousands)
Accrued salary, bonus, and related benefits ............. $34,756 $29,438
Accrued marketing costs ............................ 21,901 11,941
Accrued charitable foundation payments (1) ............ 7,217 6,757
Other ........................................... 21,660 15,100
Total accrued expenses and other current liabilities ....... $85,534 $63,236
(1) See “Note 12—Commitments and Contingencies” below for information regarding our charitable
foundation.
NOTE 11: OTHER LONG-TERM LIABILITIES
Other long-term liabilities consisted of the following for the periods presented:
December 31,
2013 2012
(In thousands)
Unrecognized tax benefits (1) ........................ $38,072 $23,138
Construction liabilities (2) ........................... 7,877 —
Other (3) ........................................ 6,582 2,425
Total other long-term liabilities ...................... $52,531 $25,563
(1) See “Note 9—Income Taxes” above for additional information on our unrecognized tax benefits. Amount
includes accrued interest and penalties related to this liability.
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