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Net Income Per Ordinary Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net Income Per Ordinary Share Net Income Per Ordinary Share
Basic net income per ordinary share attributable to the Group has been computed by dividing net income available to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period.
    
Diluted net income per ordinary share is computed by adjusting the weighted average number of ordinary shares outstanding during the period for all potentially dilutive ordinary shares outstanding during the period and adjusting net income for any changes in income or loss that would result from the conversion of such potential ordinary shares.
    
There is no difference in net income used for basic and diluted net income per ordinary share.
    
Basic and diluted net income per ordinary share attributable to the Group for the year ended December 31, 2020 includes an adjustment to reflect the accretion of the noncontrolling interest in MeDiNova to its redemption value. The noncontrolling interest was acquired in the year ended December 31, 2020 and therefore no adjustment has been required in the years ended December 31, 2022 and December 31, 2021.
    
The reconciliation of the number of shares used in the computation of basic and diluted net income per ordinary share is as follows:
December 31, 2022December 31, 2021December 31, 2020
Weighted average number of ordinary shares outstanding for basic net income per ordinary share81,532,320 67,110,186 52,859,911 
Effect of dilutive share options outstanding936,043 958,125 423,674 
Weighted average number of ordinary shares outstanding for diluted net income per ordinary share82,468,363 68,068,311 53,283,585 
The reconciliation between net income attributable to the Group per the Consolidated Statement of Operations and the net income used to calculate net income per ordinary share attributable to the Group is as follows:
December 31, 2022December 31, 2021December 31, 2020
(in thousands)
Net income attributable to the Group$505,304 153,185 $332,331 
Noncontrolling interest adjustment to redemption amount— — (4,522)
Net income attributable to the Group (including NCI redemption adjustment)505,304 153,185 327,809 
December 31, 2022December 31, 2021December 31, 2020
Net income per Ordinary Share attributable to the Group (including NCI redemption adjustment):
Basic $6.20 $2.28 $6.20 
Diluted $6.13 $2.25 $6.15