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Earnings (Loss) Per [Ordinary] Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Basic Earnings (Loss) Per Ordinary Share

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In thousands)

 

2024

 

 

2023 (1)

 

 

2024

 

 

2023 (1)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income from continuing operations

 

$

94,658

 

 

$

279,101

 

 

$

133,606

 

 

$

267,051

 

Net loss from discontinued operations

 

 

(3,300

)

 

 

(42,036

)

 

 

(5,420

)

 

 

(71,831

)

Net income

 

$

91,358

 

 

$

237,065

 

 

$

128,186

 

 

$

195,220

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of ordinary shares outstanding

 

 

168,321

 

 

 

166,279

 

 

 

168,152

 

 

 

165,686

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

839

 

 

 

1,896

 

 

 

1,284

 

 

 

1,634

 

Restricted stock unit awards

 

 

1,817

 

 

 

3,378

 

 

 

2,524

 

 

 

3,427

 

Dilutive ordinary share equivalents

 

 

2,656

 

 

 

5,274

 

 

 

3,808

 

 

 

5,061

 

Shares used in calculating diluted earnings (loss) per ordinary share

 

 

170,977

 

 

 

171,553

 

 

 

171,960

 

 

 

170,747

 

(1)
Prior period amounts have been retrospectively adjusted to reflect the effects of the Separation.
Schedule of Anti-Dilutive Potential Common Share Equivalent Excluded from Calculation of Net Earnings (Loss) Per Ordinary Share

The following potential ordinary share equivalents were not included in the net earnings (loss) per ordinary share calculation because the effect would have been anti-dilutive:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Stock options

 

 

14,049

 

 

 

12,138

 

 

 

12,339

 

 

 

12,288

 

Restricted stock unit awards

 

 

2,765

 

 

 

1,180

 

 

 

2,507

 

 

 

3,024

 

Total

 

 

16,814

 

 

 

13,318

 

 

 

14,846

 

 

 

15,312