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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Basic Earnings (Loss) Per Ordinary Share

 

 

 

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.
Schedule of Anti-Dilutive Potential Common Share Equivalent Excluded from Calculation of Earnings (Loss) Per Share

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.