v3.26.3
Earnings Per Share/ADS
9 Months Ended
Sep. 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 EndedNine Months Ended
September 30,September 30,
2026202520262025
$$$$
Numerator:
Net income384,706 124,841 849,070 220,431 
Denominator:
Weighted-average shares outstanding—basic1,478,074,394 1,432,801,699 1,457,134,424 1,410,497,062 
Dilutive common share equivalents46,880,396 55,948,655 54,838,529 55,037,942 
Weighted-average shares outstanding—diluted1,524,954,790 1,488,750,354 1,511,972,953 1,465,535,004 
Antidilutive common share equivalents excluded from above446,534 1,665,727 719,599 1,415,410 
Earnings per share:
Basic0.26 0.09 0.58 0.16 
Diluted0.25 0.08 0.56 0.15 
Earnings per ADS:
Basic3.38 1.13 7.58 2.03 
Diluted3.28 1.09 7.30 1.96 
For the three and nine months ended September 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.