v3.25.2
Stockholders' Equity
6 Months Ended
Jun. 30, 2025
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Note 6. Stockholders’ Equity
The tables below present the condensed consolidated statements of stockholders’ equity as of and for the three and six months ended June 30, 2025 and 2024 (in thousands):
Ordinary SharesOrdinary Shares - AmountAdditional Paid-In CapitalTreasury StockAccumulated Other Comprehensive Income (Loss)Accumulated DeficitTotal Stockholders’ Equity
March 31, 202555,441 $84,446 $2,224,578 $(1,426)$(42,728)$(1,230,572)$1,034,298 
Stock-based compensation plans5875 10,199 265 — — 10,539 
Net income— — — — — 27,161 27,161 
Other comprehensive income— — — — 50,841 — 50,841 
June 30, 202555,499 $84,521 $2,234,777 $(1,161)$8,113 $(1,203,411)$1,122,839 
March 31, 202454,296 $82,975 $2,192,676 $(481)$(45,206)$(1,008,427)$1,221,537 
Stock-based compensation plans108 95 11,904 286 — — 12,285 
Net income— — — — — 16,333 16,333 
Other comprehensive loss— — — — (7,613)— (7,613)
June 30, 202454,404 $83,070 $2,204,580 $(195)$(52,819)$(992,094)$1,242,542 
Ordinary SharesOrdinary Shares - AmountAdditional Paid-In CapitalTreasury StockAccumulated Other Comprehensive Income (Loss)Accumulated DeficitTotal Stockholders’ Equity
December 31, 202454,438 $83,156 $2,220,658 $(136)$(80,170)$(903,250)$1,320,258 
Issuance of shares - EBT1,000 1,290 — (1,290)— — — 
Stock-based compensation plans61 75 14,119 265 — — 14,459 
Net loss— — — — — (300,161)(300,161)
Other comprehensive income— — — — 88,283 — 88,283 
June 30, 202555,499 $84,521 $2,234,777 $(1,161)$8,113 $(1,203,411)$1,122,839 
December 31, 202353,942 $82,533 $2,189,517 $(55)$(27,883)$(966,484)$1,277,628 
Issuance of shares - EBT350 440 — (440)— — — 
Stock-based compensation plans112 97 15,063 300 — — 15,460 
Net loss— — — — — (25,610)(25,610)
Other comprehensive loss— — — — (24,936)— (24,936)
June 30, 202454,404 $83,070 $2,204,580 $(195)$(52,819)$(992,094)$1,242,542 
The tables below present the change in AOCI, net of tax, and the reclassifications out of AOCI into net income for the six months ended June 30, 2025 and 2024 (in thousands):
Foreign Currency Translation Adjustments (1)
December 31, 2024$(80,170)
Other comprehensive income before reclassifications, before tax88,283 
Tax expense— 
Other comprehensive income net of reclassifications, before tax88,283 
Net current-period other comprehensive income, net of tax88,283 
June 30, 2025$8,113 
(1)Taxes were not provided for foreign currency translation adjustments as translation adjustments are related to earnings that are intended to be reinvested in the countries where earned.
Foreign Currency Translation Adjustments (1)
December 31, 2023$(27,883)
Other comprehensive loss before reclassifications, before tax(24,936)
Tax expense— 
Other comprehensive loss before reclassifications, net of tax(24,936)
Net current-period other comprehensive loss, net of tax(24,936)
June 30, 2024$(52,819)
(1)Taxes were not provided for foreign currency translation adjustments as translation adjustments are related to earnings that are intended to be reinvested in the countries where earned.