SHAREHOLDERS' DEFICIT

9 Months Ended

Sep. 30, 2021

Equity [Abstract]

SHAREHOLDERS' DEFICIT

NOTE 15. SHAREHOLDERS’ DEFICIT

The following table presents a reconciliation of the beginning and ending balances in Total shareholders’ deficit for the three and nine months ended September 30, 2021 (in thousands):

	Euro Deferred Shares		Ordinary Shares		Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total Shareholders’ Deficit
BALANCE, DECEMBER 31, 2020	$	49	$	23	$	8,938,012	$	(9,368,270)	$	(217,753)	$	(647,939)
Net income	—		—		—		41,524		—		41,524
Other comprehensive income	—		—		—		—		1,692		1,692
Compensation related to share-based awards	—		—		9,993		—		—		9,993
Exercise of options	—		—		622		—		—		622
Tax withholding for restricted shares	—		—		(4,863)		—		—		(4,863)
Other	(2)		—		—		—		—		(2)
BALANCE, MARCH 31, 2021	$	47	$	23	$	8,943,764	$	(9,326,746)	$	(216,061)	$	(598,973)
Net loss	—		—		—		(15,500)		—		(15,500)
Other comprehensive income	—		—		—		—		2,238		2,238
Compensation related to share-based awards	—		—		4,444		—		—		4,444
Tax withholding for restricted shares	—		—		(9,251)		—		—		(9,251)
BALANCE, JUNE 30, 2021	$	47	$	23	$	8,938,957	$	(9,342,246)	$	(213,823)	$	(617,042)
Net loss	—		—		—		(77,207)		—		(77,207)
Other comprehensive loss	—		—		—		—		(3,293)		(3,293)
Compensation related to share-based awards	—		—		7,800		—		—		7,800
Tax withholding for restricted shares	—		—		(574)		—		—		(574)
Other	(1)		—		—		—		—		(1)
BALANCE, SEPTEMBER 30, 2021	$	46	$	23	$	8,946,183	$	(9,419,453)	$	(217,116)	$	(690,317)

The following table presents a reconciliation of the beginning and ending balances in Total shareholders’ deficit for the three and nine months ended September 30, 2020 (in thousands):

	Euro Deferred Shares		Ordinary Shares		Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total Shareholders’ Deficit
BALANCE, DECEMBER 31, 2019	$	45	$	23	$	8,904,692	$	(9,552,214)	$	(219,090)	$	(866,544)
Net income	—		—		—		129,930		—		129,930
Other comprehensive loss	—		—		—		—		(14,437)		(14,437)
Compensation related to share-based awards	—		—		17,645		—		—		17,645
Tax withholding for restricted shares	—		—		(4,398)		—		—		(4,398)
Other	(1)		—		(12)		—		—		(13)
BALANCE, MARCH 31, 2020	$	44	$	23	$	8,917,927	$	(9,422,284)	$	(233,527)	$	(737,817)
Net income	—		—		—		10,558		—		10,558
Other comprehensive income	—		—		—		—		5,624		5,624
Compensation related to share-based awards	—		—		9,222		—		—		9,222
Tax withholding for restricted shares	—		—		(2,467)		—		—		(2,467)
Other	1		—		12		—		—		13
BALANCE, JUNE 30, 2020	$	45	$	23	$	8,924,694	$	(9,411,726)	$	(227,903)	$	(714,867)
Net loss	—		—		—		(75,887)		—		(75,887)
Other comprehensive income	—		—		—		—		2,755		2,755
Compensation related to share-based awards	—		—		6,585		—		—		6,585
Tax withholding for restricted shares	—		—		(1,070)		—		—		(1,070)
Other	2		—		—		—		—		2
BALANCE, SEPTEMBER 30, 2020	$	47	$	23	$	8,930,209	$	(9,487,613)	$	(225,148)	$	(782,482)

Share-Based Compensation

The Company recognized share-based compensation expense of $7.8 million and $22.2 million during the three and nine months ended September 30, 2021, respectively, and $6.6 million and $33.5 million during the three and nine months ended September 30, 2020, respectively. As of September 30, 2021, the total remaining unrecognized compensation cost related to non-vested share-based compensation awards amounted to $28.0 million.

As of September 30, 2021, the weighted average remaining requisite service period for non-vested restricted stock units was 1.7 years.