The following table reconciles the numerator and denominator in the computations of earnings per share/ADS:


	Three Months Ended
	March 31,
	2026	2025
	$	$
Numerator:
Net income	227,357	1,270

Denominator:
Weighted-average shares outstanding—basic	1,442,451,870	1,390,052,966
Dilutive common share equivalents	62,575,468	55,200,253
Weighted-average shares outstanding—diluted	1,505,027,338	1,445,253,219
Antidilutive common share equivalents excluded from above	511,433	1,408,376

Earnings per share:
Basic	0.16	0.00
Diluted	0.15	0.00

Earnings per ADS:
Basic	2.05	0.01
Diluted	1.96	0.01

For the three months ended March 31, 2026 and 2025, diluted earnings per share was computed using the weighted-average number of ordinary shares and the effect of potentially dilutive shares outstanding during the periods. Potentially dilutive shares consist of stock options, restricted stock units, performance stock units and ESPP shares. The dilutive effect of outstanding stock options, restricted stock units, performance stock units and ESPP shares is reflected in diluted net earnings per share using the treasury stock method.

Each ADS represents 13 ordinary shares. Basic and diluted earnings per ADS was derived from the basic and diluted earnings per share, respectively.