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Net Income (Loss) per Ordinary Share (Tables)
6 Months Ended
Jun. 30, 2025
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):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Numerator:
Net income (loss)$(718,470)$168,568 $(811,011)$153,950 
Effect of interest on assumed conversions of the 2026 Notes, net of tax— 4,878 — 9,733 
Net income (loss) for dilutive net income (loss) per ordinary share$(718,470)$173,446 $(811,011)$163,683 
Denominator:
Weighted-average ordinary shares used in per share calculations - basic61,194 62,882 61,087 62,710 
Dilutive effect of the 2026 Notes— 6,418 — 6,418 
Dilutive effect of employee equity incentive and purchase plans— 325 — 556 
Weighted-average ordinary shares used in per share calculations - diluted61,194 69,625 61,087 69,684 
Net income (loss) per ordinary share:
Basic $(11.74)$2.68 $(13.28)$2.45 
Diluted$(11.74)$2.49 $(13.28)$2.35 
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 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
June 30,
Six Months Ended
June 30,
 2025202420252024
Employee equity incentive and purchase plans6,805 6,928 5,345 4,820