LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Lease costs related to the Company's operating and finance leases included in the consolidated statements of operations were as follows (in millions):


	Year Ended December 31,
	2023		2022		2021
Operating lease costs:
Cost of revenues	$	10.0	$	8.4	$	10.1
Software development	6.3		7.2		6.9
Selling and marketing (excluding customer base amortization)	15.4		12.6		11.9
General and administrative	4.0		5.4		5.9
Total operating lease costs	35.7		33.6		34.8
Finance lease costs:
Amortization of ROU assets	0.8		—		—
Interest on lease liabilities	0.2		—		—
Total finance lease costs	1.0		—		—
Total lease costs	$	36.7	$	33.6	$	34.8

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to operating leases was as follows ($ in millions):


		Year Ended December 31,
Balance	Balance Sheet Location	2023			2022
Operating lease liabilities		$	109.9		$	118.3
Less: imputed interest		(7.0)			(6.2)
Present value of lease liabilities		102.9			112.1
Less: current portion of lease liabilities	Lease liabilities	36.9			36.0
Long-term lease liabilities	Lease and other long-term liabilities	$	66.0		$	76.1

Weighted-average remaining lease term in years		3.9			3.6
Weighted-average discount rate		3.6		%	3.1		%
ROU Assets	Lease right-of-use assets	$	79.8		$	80.4

Finance lease liabilities		$	14.6		$	—
Less: imputed interest		(1.6)			—
Present value of lease liabilities		13.0			—
Less: current portion of lease liabilities	Lease liabilities	3.1			—
Long-term lease liabilities	Lease and other long-term liabilities	$	9.9		$	—

Weighted-average remaining lease term in years		3.8			0
Weighted-average discount rate		7.8		%	—		%
ROU Assets	Property and equipment, net	$	10.8		$	—

Schedule of Supplemental Cash Flow Information for Leases

Supplemental cash flow information related to leases was as follows (in millions):


	Year Ended December 31,
	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases	$	44.9	$	41.6	$	37.3
Operating cash flows used in finance leases	$	0.2	$	—	$	—
Financing cash flows used in finance leases	$	0.7	$	—	$	—

ROU assets obtained in exchange for lease new obligations:
Operating leases	$	29.1	$	20.0	$	34.2
Finance leases	$	13.6	$	—	$	—