Net Income (Loss) per Ordinary Share (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share Computation

Basic and diluted net income (loss) per ordinary share were computed as follows (in millions, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator:


Net income (loss)	$	192.8	$	(718.5)	$	485.9	$	(811.0)



Denominator:
Weighted-average ordinary shares used in per share calculations - basic	63.2		61.2		62.5		61.1
Dilutive effect of the Exchangeable Senior Notes	3.5		—		2.5		—
Dilutive effect of employee equity incentive and purchase plans	2.7		—		2.8		—
Weighted-average ordinary shares used in per share calculations - diluted	69.4		61.2		67.8		61.1

Net income (loss) per ordinary share:



Basic	$	3.05	$	(11.74)	$	7.77	$	(13.28)



Diluted	$	2.78	$	(11.74)	$	7.17	$	(13.28)

Schedule of Weighted-Average Ordinary Shares Excluded from Computation of Diluted Net Income (Loss) Per Share

The following table represents the weighted-average ordinary shares that were excluded from the calculation of diluted net income (loss) per ordinary share for the periods presented because including them would have an anti-dilutive effect (in millions):


	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Employee equity incentive and purchase plans	0.1	6.8	0.4	5.3