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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Ordinary Shares
Ordinary Shares
Performance-Based Restricted Stock Units (PRSUs)
Non-voting Euro Deferred
Capital Redemption Reserve
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2023   62,255   4,000        
Beginning balance at Dec. 31, 2023 $ 3,736,997 $ 6   $ 55 $ 473 $ 3,699,954 $ (842,147) $ 878,656
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Issuance of ordinary shares in conjunction with exercise of share options (in shares)   7            
Issuance of ordinary shares in conjunction with exercise of share options 494         494    
Issuance of ordinary shares in conjunction with vesting of restricted stock units and performance-based restricted stock units (in shares)   686 80          
Shares withheld for payment of employees' withholding tax liability (49,296)         (49,296)    
Share-based compensation 63,131         63,131    
Other comprehensive income (loss) (40,247)           (40,247)  
Net (loss) income (14,618)             (14,618)
Ending balance (in shares) at Mar. 31, 2024   63,028   4,000        
Ending balance at Mar. 31, 2024 3,696,461 $ 6   $ 55 473 3,714,283 (882,394) 864,038
Beginning balance (in shares) at Dec. 31, 2023   62,255   4,000        
Beginning balance at Dec. 31, 2023 3,736,997 $ 6   $ 55 473 3,699,954 (842,147) 878,656
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Other comprehensive income (loss) 238,750              
Net (loss) income 369,005              
Ending balance (in shares) at Sep. 30, 2024   60,443   4,000        
Ending balance at Sep. 30, 2024 4,171,067 $ 6   $ 55 473 3,837,698 (603,397) 936,232
Beginning balance (in shares) at Mar. 31, 2024   63,028   4,000        
Beginning balance at Mar. 31, 2024 3,696,461 $ 6   $ 55 473 3,714,283 (882,394) 864,038
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Issuance of ordinary shares in conjunction with exercise of share options (in shares)   4            
Issuance of ordinary shares in conjunction with exercise of share options 54         54    
Issuance of ordinary shares under employee stock purchase plan (in shares)   122            
Issuance of ordinary shares under employee stock purchase plan 10,886         10,886    
Issuance of ordinary shares in conjunction with vesting of restricted stock units and performance-based restricted stock units (in shares)   49            
Shares withheld for payment of employees' withholding tax liability (2,847)         (2,847)    
Share-based compensation 56,738         56,738    
Shares repurchased (in shares)   (1,458)            
Shares repurchased (161,428)             (161,428)
Other comprehensive income (loss) (5,833)           (5,833)  
Net (loss) income 168,568             168,568
Ending balance (in shares) at Jun. 30, 2024   61,745   4,000        
Ending balance at Jun. 30, 2024 3,762,599 $ 6   $ 55 473 3,779,114 (888,227) 871,178
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Issuance of ordinary shares in conjunction with exercise of share options (in shares)   1            
Issuance of ordinary shares in conjunction with exercise of share options 17         17    
Issuance of ordinary shares in conjunction with vesting of restricted stock units and performance-based restricted stock units (in shares)   69            
Shares withheld for payment of employees' withholding tax liability (1,605)         (1,605)    
Share-based compensation 60,172         60,172    
Shares repurchased (in shares)   (1,372)            
Shares repurchased (150,001)             (150,001)
Other comprehensive income (loss) 284,830           284,830  
Net (loss) income 215,055             215,055
Ending balance (in shares) at Sep. 30, 2024   60,443   4,000        
Ending balance at Sep. 30, 2024 4,171,067 $ 6   $ 55 473 3,837,698 (603,397) 936,232
Beginning balance (in shares) at Dec. 31, 2024   60,631   4,000        
Beginning balance at Dec. 31, 2024 4,093,756 $ 6   $ 55 473 3,913,542 (947,667) 1,127,347
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Issuance of ordinary shares in conjunction with exercise of share options (in shares)   93            
Issuance of ordinary shares in conjunction with exercise of share options 11,447         11,447    
Issuance of ordinary shares in conjunction with vesting of restricted stock units and performance-based restricted stock units (in shares)   811 88          
Shares withheld for payment of employees' withholding tax liability (67,163)         (67,163)    
Share-based compensation 67,335         67,335    
Other comprehensive income (loss) 162,057           162,057  
Net (loss) income (92,541)             (92,541)
Ending balance (in shares) at Mar. 31, 2025   61,623   4,000        
Ending balance at Mar. 31, 2025 4,174,891 $ 6   $ 55 473 3,925,161 (785,610) 1,034,806
Beginning balance (in shares) at Dec. 31, 2024   60,631   4,000        
Beginning balance at Dec. 31, 2024 4,093,756 $ 6   $ 55 473 3,913,542 (947,667) 1,127,347
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Other comprehensive income (loss) 377,769              
Net (loss) income (559,599)              
Ending balance (in shares) at Sep. 30, 2025   60,740   4,000        
Ending balance at Sep. 30, 2025 3,959,030 $ 6   $ 55 473 4,085,669 (569,898) 442,725
Beginning balance (in shares) at Mar. 31, 2025   61,623   4,000        
Beginning balance at Mar. 31, 2025 4,174,891 $ 6   $ 55 473 3,925,161 (785,610) 1,034,806
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Issuance of ordinary shares in conjunction with exercise of share options (in shares)   1            
Issuance of ordinary shares in conjunction with exercise of share options 0         0    
Issuance of ordinary shares under employee stock purchase plan (in shares)   117            
Issuance of ordinary shares under employee stock purchase plan 10,497         10,497    
Issuance of ordinary shares in conjunction with vesting of restricted stock units and performance-based restricted stock units (in shares)   41            
Shares withheld for payment of employees' withholding tax liability (2,249)         (2,249)    
Share-based compensation 66,871         66,871    
Shares repurchased (in shares)   (1,142)            
Shares repurchased (125,023)             (125,023)
Other comprehensive income (loss) 299,842           299,842  
Net (loss) income (718,470)             (718,470)
Ending balance (in shares) at Jun. 30, 2025   60,640   4,000        
Ending balance at Jun. 30, 2025 3,706,359 $ 6   $ 55 473 4,000,280 (485,768) 191,313
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Issuance of ordinary shares in conjunction with exercise of share options (in shares)   7            
Issuance of ordinary shares in conjunction with exercise of share options 733         733    
Issuance of ordinary shares in conjunction with vesting of restricted stock units and performance-based restricted stock units (in shares)   82 11          
Shares withheld for payment of employees' withholding tax liability (3,812)         (3,812)    
Share-based compensation 88,468         88,468    
Other comprehensive income (loss) (84,130)           (84,130)  
Net (loss) income 251,412             251,412
Ending balance (in shares) at Sep. 30, 2025   60,740   4,000        
Ending balance at Sep. 30, 2025 $ 3,959,030 $ 6   $ 55 $ 473 $ 4,085,669 $ (569,898) $ 442,725