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(Loss) Earnings Per Ordinary Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic (Loss) Earnings Per Ordinary Share

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

501

 

 

$

87,098

 

 

$

(65,979

)

 

$

109,562

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of ordinary shares outstanding

 

 

167,026

 

 

 

164,959

 

 

 

166,613

 

 

 

164,188

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

3,703

 

 

 

1,649

 

 

 

 

 

 

1,967

 

Restricted stock unit awards

 

 

2,749

 

 

 

1,749

 

 

 

 

 

 

2,315

 

Dilutive ordinary share equivalents

 

 

6,452

 

 

 

3,398

 

 

 

 

 

 

4,282

 

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

 

 

173,478

 

 

 

168,357

 

 

 

166,613

 

 

 

168,470

 

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

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Stock options

 

 

4,882

 

 

 

9,901

 

 

 

8,235

 

 

 

8,919

 

Restricted stock unit awards

 

 

870

 

 

 

2,505

 

 

 

4,802

 

 

 

2,386

 

Total

 

 

5,752

 

 

 

12,406

 

 

 

13,037

 

 

 

11,305