Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2024

Stockholders' Equity Note [Abstract]

The tables below present the condensed consolidated statements of stockholders’ equity as of and for the three and nine months ended September 30, 2024 and 2023 (in thousands):


	Ordinary Shares	Ordinary Shares - Amount		Additional Paid-In Capital		Treasury Stock		Accumulated Other Comprehensive Loss		Accumulated Deficit		Total Stockholders' Equity
June 30, 2024	54,404	$	83,070	$	2,204,580	$	(195)	$	(52,819)	$	(992,094)	$	1,242,542
Stock-based compensation plans	2	42		8,352		39		—		—		8,433
Net income	—	—		—		—		—		32,953		32,953
Other comprehensive income	—	—		—		—		26,116		—		26,116
September 30, 2024	54,406	$	83,112	$	2,212,932	$	(156)	$	(26,703)	$	(959,141)	$	1,310,044

June 30, 2023	53,904	$	82,441	$	2,169,346	$	(95)	$	(35,579)	$	(975,505)	$	1,240,608

Stock-based compensation plans	—	50		11,315		39		—		—		11,404
Net loss	—	—		—		—		—		(7,318)		(7,318)
Other comprehensive loss	—	—		—		—		(19,222)		—		(19,222)
September 30, 2023	53,904	$	82,491	$	2,180,661	$	(56)	$	(54,801)	$	(982,823)	$	1,225,472


	Ordinary Shares	Ordinary Shares - Amount		Additional Paid-In Capital		Treasury Stock		Accumulated Other Comprehensive Loss		Accumulated Deficit		Total Stockholders' Equity
December 31, 2023	53,942	$	82,533	$	2,189,517	$	(55)	$	(27,883)	$	(966,484)	$	1,277,628
Issuance of shares	—	440		—		(440)		—		—		—
Stock-based compensation plans	464	139		23,415		339		—		—		23,893
Net income	—	—		—		—		—		7,343		7,343
Other comprehensive income	—	—		—		—		1,180		—		1,180
September 30, 2024	54,406	$	83,112	$	2,212,932	$	(156)	$	(26,703)	$	(959,141)	$	1,310,044

December 31, 2022	53,852	$	82,424	$	2,157,724	$	(375)	$	(48,119)	$	(984,030)	$	1,207,624

Stock-based compensation plans	52	67		22,937		319		—		—		23,323
Net income	—	—		—		—		—		1,207		1,207
Other comprehensive loss	—	—		—		—		(6,682)		—		(6,682)
September 30, 2023	53,904	$	82,491	$	2,180,661	$	(56)	$	(54,801)	$	(982,823)	$	1,225,472

Schedule of Accumulated Other Comprehensive Income (Loss)

The tables below present the change in each component of AOCI, net of tax, and the reclassifications out of AOCI into net income for the nine months ended September 30, 2024 and 2023 (in thousands):


	Foreign Currency Translation Adjustments (1)
December 31, 2023	$	(27,883)
Other comprehensive income before reclassifications, before tax	1,180
Tax expense	—
Other comprehensive income net of reclassifications, before tax	1,180



Net current-period other comprehensive income, net of tax	1,180
September 30, 2024	$	(26,703)


	Change in Unrealized Gain on Cash Flow Hedges		Foreign Currency Translation Adjustments (1)		Total
December 31, 2022	$	966	$	(49,085)	$	(48,119)
Other comprehensive loss before reclassifications, before tax	(433)		(5,716)		(6,149)
Tax expense	—		—		—
Other comprehensive loss before reclassifications, net of tax	(433)		(5,716)		(6,149)
Reclassification of gain from accumulated other comprehensive loss, before tax	(533)		—		(533)
Reclassification of tax expense	—		—		—
Reclassification of gain from accumulated other comprehensive loss, after tax	(533)		—		(533)
Net current-period other comprehensive loss, net of tax	(966)		(5,716)		(6,682)
September 30, 2023	$	—	$	(54,801)	$	(54,801)

(1)Taxes were not provided for foreign currency translation adjustments as translation adjustments are related to earnings that are intended to be reinvested in the countries where earned.