| 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 |
|
Six Months Ended |
|
|
June 30, |
|
June 30, |
|
|
2023 |
|
2022 |
|
2023 |
|
2022 |
Net income (loss) - Basic EPS |
|
$ |
86,116 |
|
$ |
(509,321) |
|
$ |
(73,205) |
|
$ |
(1,492,035) |
Effect of dilutive securities - exchangeable notes |
|
|
4,603 |
|
|
— |
|
|
— |
|
|
— |
Net income (loss) and assumed conversion of exchangeable notes - Diluted EPS |
|
$ |
90,719 |
|
$ |
(509,321) |
|
$ |
(73,205) |
|
$ |
(1,492,035) |
Basic weighted-average shares outstanding |
|
|
424,178,775 |
|
|
419,107,330 |
|
|
423,421,203 |
|
|
418,424,753 |
Dilutive effect of share awards |
|
|
2,758,715 |
|
|
— |
|
|
— |
|
|
— |
Dilutive effect of exchangeable notes |
|
|
34,137,750 |
|
|
— |
|
|
— |
|
|
— |
Diluted weighted-average shares outstanding |
|
|
461,075,240 |
|
|
419,107,330 |
|
|
423,421,203 |
|
|
418,424,753 |
Basic EPS |
|
$ |
0.20 |
|
$ |
(1.22) |
|
$ |
(0.17) |
|
$ |
(3.57) |
Diluted EPS |
|
$ |
0.20 |
|
$ |
(1.22) |
|
$ |
(0.17) |
|
$ |
(3.57) |
|
| 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 |
|
Six Months Ended |
|
|
June 30, |
|
June 30, |
|
|
2023 |
|
2022 |
|
2023 |
|
2022 |
North America |
|
$ |
1,221,177 |
|
$ |
673,503 |
|
$ |
2,582,230 |
|
$ |
1,160,938 |
Europe |
|
|
880,129 |
|
|
499,917 |
|
|
961,447 |
|
|
524,714 |
Asia-Pacific |
|
|
89,890 |
|
|
13,362 |
|
|
295,552 |
|
|
21,654 |
Other |
|
|
14,296 |
|
|
399 |
|
|
188,202 |
|
|
1,815 |
Total revenue |
|
$ |
2,205,492 |
|
$ |
1,187,181 |
|
$ |
4,027,431 |
|
$ |
1,709,121 |
|