XML 52 R38.htm IDEA: XBRL DOCUMENT
v3.23.2

Earnings (Loss) Per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Earnings Per Share [Abstract] |
Schedule of Basic Earnings (Loss) Per Ordinary Share | Basic earnings (loss) per ordinary share is calculated based upon net income (loss) available to holders of ordinary shares divided by the weighted average number of ordinary shares outstanding. For the calculation of diluted earnings (loss) per ordinary share, the Company adjusts the weighted average number of ordinary shares outstanding for the effect of outstanding ordinary share equivalents such as stock options and restricted stock unit awards.
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
(In thousands) |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 237,065 |  |  | $ | (30,136 | ) |  | $ | 195,220 |  |  | $ | (66,039 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of ordinary shares outstanding |  |  | 166,279 |  |  |  | 163,839 |  |  |  | 165,686 |  |  |  | 163,165 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Stock options |  |  | 1,896 |  |  |  | — |  |  |  | 1,634 |  |  |  | — |
Restricted stock unit awards |  |  | 3,378 |  |  |  | — |  |  |  | 3,427 |  |  |  | — |
Dilutive ordinary share equivalents |  |  | 5,274 |  |  |  | — |  |  |  | 5,061 |  |  |  | — |
Shares used in calculating diluted earnings (loss) per share |  |  | 171,553 |  |  |  | 163,839 |  |  |  | 170,747 |  |  |  | 163,165 |
Schedule of Anti-Dilutive Outstanding Common Share Equivalent Excluded from Calculation of Net Earnings (Loss) Per Share | The following potential ordinary share equivalents were not included in the net earnings (loss) per share calculation because the effect would have been anti-dilutive:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
(In thousands) |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Stock options |  |  | 12,138 |  |  |  | 12,781 |  |  |  | 12,288 |  |  |  | 12,677 |
Restricted stock unit awards |  |  | 1,180 |  |  |  | 4,718 |  |  |  | 3,024 |  |  |  | 6,251 |
Total |  |  | 13,318 |  |  |  | 17,499 |  |  |  | 15,312 |  |  |  | 18,928 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration