v3.26.1
(Loss) Earnings Per Ordinary Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Basic (Loss) Earnings Per Ordinary Share

 

Three Months Ended March 31,

 

(In thousands)

2026

 

 

2025

 

Numerator:

 

 

 

 

 

Net (loss) income

$

(66,480

)

 

$

22,464

 

Denominator:

 

 

 

 

 

Weighted average number of ordinary shares outstanding

 

166,196

 

 

 

163,407

 

Effect of dilutive securities:

 

 

 

 

 

Stock options

 

 

 

 

2,393

 

Restricted stock unit awards

 

 

 

 

2,937

 

Dilutive ordinary share equivalents

 

 

 

 

5,330

 

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

 

166,196

 

 

 

168,737

 

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

 

 

 

March 31,

 

(In thousands)

 

2026

 

 

2025

 

Stock options

 

 

9,348

 

 

 

6,141

 

Restricted stock unit awards

 

 

4,199

 

 

 

1,818

 

Total

 

 

13,547

 

 

 

7,959