Computation of Earnings Per Ordinary Share and Ordinary Share Equivalent

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Computation of Earnings Per Ordinary Share and Ordinary Share Equivalent

Computation of Earnings Per Ordinary Share and Ordinary Share Equivalent

The following table sets forth the computation of basic and diluted earnings per ordinary share for the three months ended March 31, 2016 and 2015:

	Three Months Ended March 31,
(In thousands, except per share amounts)	2016		2015
Basic earnings per ordinary share & ordinary share equivalents outstanding:
Net income (loss) attributable to ordinary shareholders	$	21,885	$	36,281
Weighted average ordinary shares outstanding, in thousands - basic	291,969		255,724
Basic earnings per ordinary share & ordinary share equivalents outstanding	$	0.07	$	0.14
Diluted earnings per ordinary share & ordinary share equivalents outstanding:
Weighted average ordinary shares outstanding - basic	291,969		255,724
Impact of share-based compensation	4,697		4,980
Weighted average ordinary shares outstanding - diluted	296,666		260,704
Diluted earnings per ordinary share & ordinary share equivalents outstanding	$	0.07	$	0.14
Dividends per ordinary share	$	0.20	$	0.16

For the three months ended March 31, 2016 and 2015, ordinary shares available for issuance under share-based compensation plans of 6.0 million and 5.0 million, respectively, were not included in the calculation of diluted earnings per ordinary share because the assumed exercise or issuance of such shares would be anti-dilutive.