v3.26.1
Shareholders’ Equity
3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Shareholders’ Equity
Note 6. Shareholders’ Equity
The tables below present the condensed consolidated statements of shareholders’ equity as of and for the three months ended March 31, 2026 and 2025 (in thousands):
Ordinary SharesOrdinary Shares - AmountAdditional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated DeficitTreasury SharesTotal Shareholders’ Equity
December 31, 202555,535 $84,564 $2,254,980 $7,330 $(1,145,721)$(1,166)$1,199,987 
Share-based compensation plans— (224)— — — (224)
Net income— — — — 22,294 — 22,294 
Other comprehensive loss— — — (10,731)— — (10,731)
March 31, 202655,538 $84,564 $2,254,756 $(3,401)$(1,123,427)$(1,166)$1,211,326 
December 31, 202454,438 $83,156 $2,220,658 $(80,170)$(903,250)$(136)$1,320,258 
Share-based compensation plans1,003 1,290 3,920 — — (1,290)3,920 
Net loss— — — — (327,322)— (327,322)
Other comprehensive income— — — 37,442 — — 37,442 
March 31, 202555,441 $84,446 $2,224,578 $(42,728)$(1,230,572)$(1,426)$1,034,298 
The tables below present the changes in AOCI, net of tax, for the three months ended March 31, 2026 and 2025 (in thousands):
Foreign Currency Translation Adjustments (1)
December 31, 2025$7,330 
Other comprehensive loss before reclassifications, net of tax(10,731)
Reclassification of amounts from AOCI, net of tax— 
Net current-period other comprehensive loss, net of tax(10,731)
March 31, 2026$(3,401)
(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, 2024$(80,170)
Other comprehensive income before reclassifications, net of tax37,442 
Reclassification of amounts from AOCI, net of tax— 
Net current-period other comprehensive income, net of tax37,442 
March 31, 2025$(42,728)
(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.