Net Income (Loss) per Ordinary Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Income (Loss) per Ordinary Share Computation

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

	Year Ended December 31,
	2024		2023		2022
Numerator:
Net income (loss)	$	560,120	$	414,832	$	(224,060)
Effect of interest on assumed conversions of the 2026 Notes and the 2024 Notes, net of tax	10,762		24,876		—
Net income (loss) for dilutive net income (loss) per ordinary share	$	570,882	$	439,708	$	(224,060)
Denominator:
Weighted-average ordinary shares used in per share calculations - basic	61,838		63,291		62,539
Dilutive effect of the 2026 Notes and the 2024 Notes	3,540		8,016		—
Dilutive effect of employee equity incentive and purchase plans	629		759		—
Weighted-average ordinary shares used in per share calculations - diluted	66,007		72,066		62,539
Net income (loss) per ordinary share:
Basic	$	9.06	$	6.55	$	(3.58)
Diluted	$	8.65	$	6.10	$	(3.58)

Schedule of Weighted-Average Ordinary Shares Excluded from Computation of Diluted Net Income (Loss) per Share

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

	Year Ended December 31,
	2024	2023	2022
Employee equity incentive and purchase plans	4,074	2,973	2,751
2026 Notes and 2024 Notes	—	—	9,044