XML 45 R23.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Earnings (Loss)Per Share | 12 Months Ended
--- | ---
Dec. 31, 2023
Earnings Per Share [Abstract] |
Earnings (loss) per share | 13. EARNINGS (LOSS) PER SHARE Basic earnings (loss) per ordinary share from continuing operations is calculated based upon net income (loss) from continuing operations available to holders of ordinary shares divided by the weighted average number of ordinary shares outstanding. Basic loss per ordinary share from discontinued operations, is calculated based upon net loss from discontinued operations 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 from continuing operations and discontinuing operations, the Company utilizes the treasury stock method and adjusts the weighted average number of ordinary shares outstanding for the potential dilutive effect of outstanding ordinary share equivalents such as stock options and RSUs.
|  | Year Ended December 31, |
(In thousands) |  | 2023 |  |  | 2022 (1) |  |  | 2021 (1) |
Numerator: |  |  |  |  |  |  |  |  |
Net income (loss) from continuing operations |  | $ | 519,157 |  |  | $ | (33,152 | ) |  | $ | 76,401 |
Net (loss) discontinued operations |  |  | (163,400 | ) |  |  | (125,115 | ) |  |  | (124,570 | )
Net income (loss) |  | $ | 355,757 |  |  | $ | (158,267 | ) |  | $ | (48,169 | )
Denominator: |  |  |  |  |  |  |  |  |
Weighted average number of ordinary shares outstanding |  |  | 166,223 |  |  |  | 163,742 |  |  |  | 160,942 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |
Stock options |  |  | 1,093 |  |  |  | — |  |  |  | 633 |
Restricted stock unit awards |  |  | 2,414 |  |  |  | — |  |  |  | 3,178 |
Dilutive ordinary share equivalents |  |  | 3,507 |  |  |  | — |  |  |  | 3,811 |
Shares used in calculating diluted earnings (loss) per ordinary share |  |  | 169,730 |  |  |  | 163,742 |  |  |  | 164,753 |
(1) Prior period amounts have been retrospectively adjusted to reflect the effects of the Separation. The following potential ordinary share equivalents were not included in the net loss per share calculation because the effect would have been anti-dilutive:
|  | Year Ended December 31, |
(In thousands) |  | 2023 |  |  | 2022 |  |  | 2021 (1) |
Stock options |  |  | 12,422 |  |  |  | 12,777 |  |  |  | 14,161 |
Restricted stock unit awards |  |  | 2,378 |  |  |  | 5,040 |  |  |  | 804 |
Total |  |  | 14,800 |  |  |  | 17,817 |  |  |  | 14,965 |
(1) Prior period amounts have been retrospectively adjusted to reflect the effects of the Separation.

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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration