v3.26.1
Earnings Per Share/ADS
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share/ADS Earnings Per Share/ADS
The following table reconciles the numerator and denominator in the computations of earnings per share/ADS:
Three Months EndedSix Months Ended
June 30,June 30,
2026202520262025
$$$$
Numerator:
Net income237,00794,320464,364 95,590 
Denominator:
Weighted-average shares outstanding—basic1,450,485,552 1,408,166,754 1,446,490,904 1,399,159,898 
Dilutive common share equivalents54,876,348 55,110,647 58,898,278 55,136,577 
Weighted-average shares outstanding—diluted1,505,361,900 1,463,277,401 1,505,389,182 1,454,296,475 
Antidilutive common share equivalents excluded from above830,113 1,317,291 710,393 1,496,899 
Earnings per share:
Basic0.16 0.07 0.32 0.07 
Diluted0.16 0.06 0.31 0.07 
Earnings per ADS:
Basic2.12 0.87 4.17 0.89 
Diluted2.05 0.84 4.01 0.85 
For the three and six months ended June 30, 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.