Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.24.1.u1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
Schedule of reconciliation between basic and diluted EPS

A reconciliation between basic and diluted earnings (loss) per share was as follows (in thousands, except share and per share data):

Three Months Ended

March 31, 

    

2024

    

2023

Net income (loss) - Basic EPS

$

17,353

$

(159,321)

Basic weighted-average shares outstanding

 

426,803,519

 

422,655,215

Dilutive effect of share awards

 

4,215,687

 

Diluted weighted-average shares outstanding

 

431,019,206

 

422,655,215

Basic EPS

$

0.04

$

(0.38)

Diluted EPS

$

0.04

$

(0.38)

Schedule of revenues by destination

Revenue and cash flows are affected by economic factors in various geographical regions. Revenues by destination were as follows (in thousands):

Three Months Ended

March 31, 

    

2024

    

2023

North America

$

1,560,772

$

1,361,053

Europe

 

25,236

 

81,318

Asia-Pacific

 

397,002

 

205,662

Other

208,205

173,906

Total revenue

$

2,191,215

$

1,821,939