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

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2024

 

 

2023 (1)

 

 

2024

 

 

2023 (1)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income from continuing operations

 

$

92,795

 

 

$

91,554

 

 

$

226,401

 

 

$

358,605

 

Net loss from discontinued operations

 

 

(414

)

 

 

(43,796

)

 

 

(5,834

)

 

 

(115,627

)

Net income

 

$

92,381

 

 

$

47,758

 

 

$

220,567

 

 

$

242,978

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of ordinary shares outstanding

 

 

163,368

 

 

 

166,607

 

 

 

166,546

 

 

 

165,996

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

1,310

 

 

 

1,682

 

 

 

1,293

 

 

 

1,643

 

Restricted stock unit awards

 

 

2,347

 

 

 

3,614

 

 

 

2,357

 

 

 

3,342

 

Dilutive ordinary share equivalents

 

 

3,657

 

 

 

5,296

 

 

 

3,650

 

 

 

4,985

 

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

 

 

167,025

 

 

 

171,903

 

 

 

170,196

 

 

 

170,981

 

(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

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Stock options

 

 

11,047

 

 

 

12,029

 

 

 

12,311

 

 

 

12,422

 

Restricted stock unit awards

 

 

1,276

 

 

 

1,317

 

 

 

2,401

 

 

 

2,389

 

Total

 

 

12,323

 

 

 

13,346

 

 

 

14,712

 

 

 

14,811