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Earnings per share
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings per share Earnings per share
Basic Earnings Per Share (“EPS”) is calculated by dividing net income by the weighted average of our ordinary shares outstanding, which excludes 4,051,509 and 4,975,247 shares of unvested restricted stock as of June 30, 2025 and 2024, respectively. In general, for the calculation of diluted EPS, the weighted average of our ordinary shares outstanding for basic EPS is adjusted by the effect of dilutive securities provided under our equity compensation plans. No shares were excluded from diluted shares outstanding for the three and six months ended June 30, 2025, The number of shares excluded from diluted shares outstanding was 1,517 and 7,017 for the three and six months ended June 30, 2024, respectively, because the effect of including those shares in the calculation would have been anti-dilutive.
The computations of basic and diluted EPS for the three and six months ended June 30, 2025 and 2024 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Net income for the computation of basic EPS$1,259,209 $448,166 $1,902,069 $1,052,380 
Weighted average ordinary shares outstanding—basic
173,960,277 192,515,755 176,725,697 194,144,800 
Basic EPS$7.24 $2.33 $10.76 $5.42 
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Net income for the computation of diluted EPS$1,259,209 $448,166 $1,902,069 $1,052,380 
Weighted average ordinary shares outstanding—diluted
177,541,220 196,881,272 181,062,000 198,514,778 
Diluted EPS$7.09 $2.28 $10.51 $5.30 
The computations of ordinary shares outstanding, excluding shares of unvested restricted stock, as of June 30, 2025 and December 31, 2024 were as follows:
June 30, 2025December 31, 2024
Number of ordinary shares
Ordinary shares issued196,043,739 204,543,739 
Treasury shares(17,733,971)(17,760,514)
Ordinary shares outstanding178,309,768 186,783,225 
Shares of unvested restricted stock(4,051,509)(5,072,382)
Ordinary shares outstanding, excluding shares of unvested restricted stock174,258,259 181,710,843