| 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 |
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| 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 |
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