| Schedule of reconciliation between basic and diluted EPS |
A reconciliation between basic and diluted earnings per share was as follows (in thousands, except share and per share data):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Nine Months Ended |
|
|
September 30, |
|
September 30, |
|
|
2024 |
|
2023 |
|
2024 |
|
2023 |
Net income - Basic EPS |
|
$ |
474,932 |
|
$ |
345,868 |
|
$ |
655,721 |
|
$ |
272,663 |
Effect of dilutive securities - exchangeable notes |
|
|
14,965 |
|
|
17,510 |
|
|
48,323 |
|
|
13,809 |
Net income and assumed conversion of exchangeable notes - Diluted EPS |
|
$ |
489,897 |
|
$ |
363,378 |
|
$ |
704,044 |
|
$ |
286,472 |
Basic weighted-average shares outstanding |
|
|
439,697,135 |
|
|
425,398,415 |
|
|
433,790,997 |
|
|
424,087,517 |
Dilutive effect of share awards |
|
|
3,333,627 |
|
|
3,676,562 |
|
|
3,201,373 |
|
|
2,594,108 |
Dilutive effect of exchangeable notes |
|
|
71,848,157 |
|
|
82,510,468 |
|
|
77,009,661 |
|
|
34,137,750 |
Diluted weighted-average shares outstanding |
|
|
514,878,919 |
|
|
511,585,445 |
|
|
514,002,031 |
|
|
460,819,375 |
Basic EPS |
|
$ |
1.08 |
|
$ |
0.81 |
|
$ |
1.51 |
|
$ |
0.64 |
Diluted EPS |
|
$ |
0.95 |
|
$ |
0.71 |
|
$ |
1.37 |
|
$ |
0.62 |
|
| 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 |
|
Nine Months Ended |
|
|
September 30, |
|
September 30, |
|
|
2024 |
|
2023 |
|
2024 |
|
2023 |
North America |
|
$ |
1,315,224 |
|
$ |
1,234,852 |
|
$ |
4,052,094 |
|
$ |
3,817,082 |
Europe |
|
|
1,439,473 |
|
|
1,284,421 |
|
|
2,519,770 |
|
|
2,245,868 |
Asia-Pacific |
|
|
50,294 |
|
|
15,972 |
|
|
565,823 |
|
|
311,524 |
Other |
|
|
1,587 |
|
|
792 |
|
|
232,598 |
|
|
188,994 |
Total revenue |
|
$ |
2,806,578 |
|
$ |
2,536,037 |
|
$ |
7,370,285 |
|
$ |
6,563,468 |
|