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Stockholders' Equity
6 Months Ended
Jun. 30, 2022
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Note 9. Stockholders' Equity
The tables below present the condensed consolidated statements of stockholders’ equity as of and for the three and six months ended June 30, 2022 and 2021 (in thousands):
Ordinary SharesOrdinary Shares - AmountAdditional Paid-In CapitalTreasury StockAccumulated Other Comprehensive (Loss) Income
Accumulated Deficit (1)
Total Stockholders' Equity (1)
March 31, 202253,764 $82,298 $2,121,098 $(619)$(16,132)$(894,791)$1,291,854 
Stock-based compensation plans46 61 12,160 222 — — 12,443 
Net income— — — — — 16,444 16,444 
Other comprehensive loss— — — — (38,738)— (38,738)
June 30, 202253,810 $82,359 $2,133,258 $(397)$(54,870)$(878,347)$1,282,003 
March 31, 202149,455 $76,310 $1,770,407 $(798)$1,938 $(792,727)$1,055,130 
Stock-based compensation plans68 95 8,706 93 — — 8,894 
Net loss— — — — — (56,487)(56,487)
Other comprehensive income— — — — 21,137 — 21,137 
June 30, 202149,523 $76,405 $1,779,113 $(705)$23,075 $(849,214)$1,028,674 
Ordinary SharesOrdinary Shares - AmountAdditional Paid-In CapitalTreasury StockAccumulated Other Comprehensive (Loss) Income
Accumulated Deficit (1)
Total Stockholders' Equity (1)
December 31, 202153,762 $82,295 $2,117,961 $(650)$(7,177)$(897,784)$1,294,645 
Stock-based compensation plans48 64 15,297 253 — — 15,614 
Net income— — — — — 19,437 19,437 
Other comprehensive loss— — — — (47,693)— (47,693)
June 30, 202253,810 $82,359 $2,133,258 $(397)$(54,870)$(878,347)$1,282,003 
December 30, 202049,447 $76,300 $1,768,156 $(1,034)$27,809 $(761,966)$1,109,265 
Stock-based compensation plans76 105 10,957 329 — — 11,391 
Net loss— — — — — (87,248)(87,248)
Other comprehensive loss— — — — (4,734)— (4,734)
June 30, 202149,523 $76,405 $1,779,113 $(705)$23,075 $(849,214)$1,028,674 
(1)Accumulated deficit and total stockholders’ equity as of June 30, 2021 and net loss for the three and six months ended June 30, 2021 have been revised. For further details refer to “Note 1. Unaudited Condensed Consolidated Financial Statements.”
The table below presents the change in each component of AOCI, net of tax, and the reclassifications out of AOCI into net income for the six months ended June 30, 2022 and 2021 (in thousands):
Change in Unrealized Gain (Loss) on Derivatives
Foreign Currency Translation Adjustments Gain (Loss) (1)
Total
December 31, 2021$(945)$(6,232)$(7,177)
Other comprehensive loss before reclassifications, before tax(1,758)(45,766)(47,524)
Tax benefit— — — 
Other comprehensive loss before reclassifications, net of tax(1,758)(45,766)(47,524)
Reclassification of gain from accumulated other comprehensive loss, before tax(169)— (169)
Reclassification of tax benefit— — — 
Reclassification of gain from accumulated other comprehensive loss, after tax(169)— (169)
Net current-period other comprehensive loss, net of tax(1,927)(45,766)(47,693)
June 30, 2022$(2,872)$(51,998)$(54,870)
December 31, 2020$2,319 $25,490 $27,809 
Other comprehensive loss before reclassifications, before tax(2,844)(3,530)(6,374)
Tax benefit683 — 683 
Other comprehensive loss before reclassifications, net of tax(2,161)(3,530)(5,691)
Reclassification of loss from accumulated other comprehensive income, before tax1,259 — 1,259 
Reclassification of tax benefit(302)— (302)
Reclassification of loss from accumulated other comprehensive income, after tax957 — 957 
Net current-period other comprehensive loss, net of tax(1,204)(3,530)(4,734)
June 30, 2021$1,115 $21,960 $23,075 
(1)Taxes are 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.