v3.26.1
Net income per share
6 Months Ended
Jun. 30, 2026
Net income per share [Abstract]  
Net income per share

Note 9. Net income per share

 

The following table sets forth the computation of basic earnings and losses per share:

 

    Six months ended June 30,  
    2026     2025  
    (Unaudited)     (Unaudited)  
Basic earnings per share:            
Numerator:            
Net income   $ 17,309     $ 36,876  
Basic net income attributable to Restricted Sponsor shares and Restricted Share awards     178       228  
Basic net income attributable to Ordinary Shareholders     17,131       36,648  
                 
Denominator:                
Weighted average number of Ordinary Shares used in computing basic net income per share     247,047,007       238,811,210  
Basic net income per share of Ordinary Shareholders   $ 0.07     $ 0.15  
                 
Diluted earnings per share:                
Numerator:                
Basic net income attributable to Ordinary Shareholders     17,131       36,648  
Reallocation of net income attributable to Restricted Sponsor shares and Restricted Share awards     4        
Diluted net income attributable to Ordinary Shareholders     17,135       36,648  
                 
Denominator:                
Weighted average number of shares used in basic computation     247,047,007       238,811,210  
Weighted-average effect of dilutive securities:                
Employee share options and RSU’s     5,389,232       10,599,147  
Weighted average number of Ordinary shares used in computing diluted net income per share     252,436,239       249,410,357  
Diluted net income per share of Ordinary Shareholders   $ 0.07     $ 0.15  

 

The potentially dilutive Ordinary shares underlying options to purchase ordinary Shares, RSU’s and PSU’s that were excluded from the computation amounted to 9,056,648 and 1,639,060 for the six months ended June 30, 2026 and 2025, respectively.