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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Shares
Adjusted balance
Common Shares
Capital in Excess of Par Value
Impact of adoption of ASU 2020-06
Capital in Excess of Par Value
Adjusted balance
Capital in Excess of Par Value
Accumulated Other Comprehensive Income
Adjusted balance
Accumulated Other Comprehensive Income
Retained Earnings (Accumulated Deficit)
Impact of adoption of ASU 2020-06
Retained Earnings (Accumulated Deficit)
Adjusted balance
Retained Earnings (Accumulated Deficit)
Treasury Shares
Adjusted balance
Treasury Shares
Non-controlling Interest
Adjusted balance
Non-controlling Interest
Impact of adoption of ASU 2020-06
Adjusted balance
Total
Beginning Balance at Dec. 31, 2021 $ 466 $ 466 $ (81,881) $ 3,372,682 $ 3,454,563 $ (10,634) $ (10,634) $ 60,701 $ (1,477,287) $ (1,537,988) $ (1,315,751) $ (1,315,751) $ 128,282 $ 128,282 $ (21,180) $ 697,758 $ 718,938
Beginning Balance (in shares) at Dec. 31, 2021 9,295 9,295                              
Increase (Decrease) in Equity                                  
Net income (loss)                   (350,261)       43,043     (307,218)
Warrant Exercise, net of tax   $ 52     152,451                       152,503
Warrant exercise, net of tax (in shares)   1,051                              
Other comprehensive income (loss), net of tax             (404)                   (404)
Issuance of treasury shares, net of tax (in shares)                       0          
Share-based compensation         15,828                       15,828
Noncontrolling interest contributions (distributions)                           (3,490)     (3,490)
Deemed dividends to SPAC public shareholders                   (3,321)             (3,321)
Accrued distribution on redeemable noncontrolling interest in subsidiary                   (10,324)             (10,324)
Other   $ 7     (4,588)         40             (4,541)
Other (in shares)   159                              
Ending Balance at Dec. 31, 2022   $ 525     3,536,373   (11,038)     (1,841,153)   $ (1,315,751)   167,835     536,791
Ending Balance (in shares) at Dec. 31, 2022   10,505                              
Increase (Decrease) in Equity                                  
Net income (loss)                   (11,784)       61,688     49,904
IPO warrants to SPAC public shareholders                           3,426     3,426
Other comprehensive income (loss), net of tax             206                   206
Issuance of treasury shares, net of tax (in shares)                       0          
Share-based compensation   $ 8     15,839                       15,847
Share-based compensation (in shares)   101                              
Noncontrolling interest contributions (distributions)                           5,237     5,237
Deemed dividends to SPAC public shareholders                   (8,638)       (22,790)     (31,428)
Accrued distribution on redeemable noncontrolling interest in subsidiary                   (29,824)             (29,824)
Other   $ (6)     (13,316)         5,173             (8,149)
Other (in shares)   (50)                              
Ending Balance at Dec. 31, 2023   $ 527     3,538,896   (10,832)     (1,886,226)   $ (1,315,751)   215,396     542,010
Ending Balance (in shares) at Dec. 31, 2023   10,556                              
Increase (Decrease) in Equity                                  
Net income (loss)                   (176,084)       88,097     (87,987)
Other comprehensive income (loss), net of tax             418                   418
Issuance of treasury shares, net of tax (in shares)                       0          
Share-based compensation   $ 9     16,501                       16,510
Share-based compensation (in shares)   137                              
Noncontrolling interest contributions (distributions)                           (17,242)     (17,242)
Accrued distribution on redeemable noncontrolling interest in subsidiary                   (29,723)             (29,723)
Other   $ (3)     (2,641)         (95)             (2,739)
Other (in shares)   (32)                              
Ending Balance at Dec. 31, 2024   $ 533     $ 3,552,756   $ (10,414)     $ (2,092,128)   $ (1,315,751)   $ 286,251     $ 421,247
Ending Balance (in shares) at Dec. 31, 2024   10,661