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Earnings (Loss) Per Share | 12 Months Ended
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Dec. 31, 2024
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) |  | 2024 |  |  | 2023 |  |  | 2022 (1) |
Numerator: |  |  |  |  |  |  |  |  |
Net income (loss) from continuing operations |  | $ | 372,138 |  |  | $ | 519,157 |  |  | $ | (33,152 | )
Net loss from discontinued operations |  |  | (5,068 | ) |  |  | (163,400 | ) |  |  | (125,115 | )
Net income (loss) |  | $ | 367,070 |  |  | $ | 355,757 |  |  | $ | (158,267 | )
Denominator: |  |  |  |  |  |  |  |  |
Weighted average number of ordinary shares outstanding |  |  | 165,392 |  |  |  | 166,223 |  |  |  | 163,742 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |
Stock options |  |  | 1,377 |  |  |  | 1,093 |  |  |  | — |
Restricted stock unit awards |  |  | 2,429 |  |  |  | 2,414 |  |  |  | — |
Dilutive ordinary share equivalents |  |  | 3,806 |  |  |  | 3,507 |  |  |  | — |
Shares used in calculating diluted earnings (loss) per ordinary share |  |  | 169,198 |  |  |  | 169,730 |  |  |  | 163,742 |
(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 income (loss) per share calculation because the effect would have been anti-dilutive:
| Year Ended December 31, |
(In thousands) | 2024 |  |  | 2023 |  |  | 2022 (1) |
Stock options |  | 11,517 |  |  |  | 12,422 |  |  |  | 12,777 |
Restricted stock unit awards |  | 2,391 |  |  |  | 2,378 |  |  |  | 5,040 |
Total |  | 13,908 |  |  |  | 14,800 |  |  |  | 17,817 |
(1) Prior period amounts have been retrospectively adjusted to reflect the effects of the Separation.

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- 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
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