Net Income (Loss) per Ordinary Share - (Tables)

3 Months Ended

Mar. 31, 2020

Basic and Diluted Net Income per Ordinary Share Computation

Basic and diluted net income (loss) per ordinary share were computed as follows (in thousands, except per share amounts):



	Three Months Ended March 31,
	2020			2019
Numerator:
Net income (loss)	$	(157,833	)	$	85,201
Denominator:
Weighted-average ordinary shares used in per share calculations - basic	55,956			57,206
Dilutive effect of employee equity incentive and purchase plans	—			875
Weighted-average ordinary shares used in per share calculations - diluted	55,956			58,081

Net income (loss) per ordinary share:
Basic	$	(2.82	)	$	1.49
Diluted	$	(2.82	)	$	1.47

Weighted-Average Ordinary Shares Excluded from Computation of Diluted Net Income per Share

The following table represents the weighted-average ordinary shares that were excluded from the calculation of diluted net income (loss) per ordinary share for the periods presented because including them would have an anti-dilutive effect (in thousands):



	Three Months Ended March 31,
	2020	2019
Exchangeable Senior Notes	5,504	5,504
Options, RSUs and ESPP	5,611	4,988