v3.26.1
Shareholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
Schedule of Shareholders’ Equity
The tables below present the condensed consolidated statements of shareholders’ equity as of and for the three and six months ended June 30, 2026 and 2025 (in thousands):
Ordinary SharesOrdinary Shares - AmountAdditional Paid-In CapitalAccumulated Other Comprehensive (Loss) IncomeAccumulated Deficit Treasury SharesTotal Shareholders’ Equity
March 31, 202655,538 $84,564 $2,254,756 $(3,401)$(1,123,427)$(1,166)$1,211,326 
Share-based compensation plans63 35 15,943 — — 434 16,412 
Net income— — — — 108,569 — 108,569 
Other comprehensive loss— — — (10,985)— — (10,985)
June 30, 202655,601 $84,599 $2,270,699 $(14,386)$(1,014,858)$(732)$1,325,322 
March 31, 202555,441 $84,446 $2,224,578 $(42,728)$(1,230,572)$(1,426)$1,034,298 
Share-based compensation plans58 75 10,199 — — 265 10,539 
Net income— — — — 27,161 — 27,161 
Other comprehensive income— — — 50,841 — — 50,841 
June 30, 202555,499 $84,521 $2,234,777 $8,113 $(1,203,411)$(1,161)$1,122,839 
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 plans66 35 15,719 — — 434 16,188 
Net income— — — — 130,863 — 130,863 
Other comprehensive loss— — — (21,716)— — (21,716)
June 30, 202655,601 $84,599 $2,270,699 $(14,386)$(1,014,858)$(732)$1,325,322 
December 31, 202454,438 $83,156 $2,220,658 $(80,170)$(903,250)$(136)$1,320,258 
Share-based compensation plans1,061 1,365 14,119 — — (1,025)14,459 
Net loss— — — — (300,161)— (300,161)
Other comprehensive income— — — 88,283 — — 88,283 
June 30, 202555,499 $84,521 $2,234,777 $8,113 $(1,203,411)$(1,161)$1,122,839 
Schedule of Accumulated Other Comprehensive Income (Loss)
The tables below present the changes in AOCI, net of tax, for the six months ended June 30, 2026 and 2025 (in thousands):
Foreign Currency Translation Adjustments (1)
December 31, 2025$7,330 
Other comprehensive loss before reclassifications, net of tax(21,716)
Reclassification of amounts from AOCI, net of tax— 
Net current-period other comprehensive loss, net of tax(21,716)
June 30, 2026$(14,386)
(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 tax88,283 
Reclassification of amounts from AOCI, net of tax— 
Net current-period other comprehensive income, net of tax88,283 
June 30, 2025$8,113 
(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.