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Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Debt

The components of debt consisted of the following: 

									December 31, 2024												December 31, 2023
(in millions)			Maturity Date						Amount						Effective Interest Rate						Amount						Effective Interest Rate
Equipment financing			2024						$	—					7.83		%				$	2.7					5.76		%
Equipment financing			2025						8.6						5.90		%				15.2						4.77		%
Mortgage			2025						61.0						5.74		%				63.3						5.73		%
Convertible Senior Notes			2026						800.0						0.76		%				800.0						0.76		%
Equipment financing									17.5						8.87		%				12.7						9.37		%
Revolving Credit Facility			2028						—												—
Equipment financing			2028						23.4						4.27		%				29.0						4.27		%
Term Loan			2031						482.5												487.5
Finance lease obligation(1)									—												22.9
Unamortized debt discount			2025 - 2031						(5.4)												(6.4)
Debt issuance costs			2025 - 2031						(7.7)												(11.1)
Total debt, net									1,379.9												1,415.8
Less: current portion									83.8												49.4
Total long term-debt, net									$	1,296.1											$	1,366.4

(1) Refer to Note 14 for information regarding finance lease obligation.

Schedule of Interest Expense

The components of interest expense related to the Notes were as follows:

			Years Ended December 31,
(in millions)			2024						2023						2022
Contractual interest expense			$	3.0					$	3.0					$	3.0
Amortization of debt issuance costs			3.0						3.0						3.0
Total interest recognized on the Convertible Senior Notes			$	6.0					$	6.0					$	6.0

Schedule of Carrying Amount and Estimated Fair Value of Convertible Debt

The carrying value amounts of the Company’s debt were as follows:

			As of December 31,
(in millions)			2024						2023
Term Loan			$	475.1					$	479.2
Convertible Senior Notes			794.9						791.8
Equipment financings			49.3						59.3
Mortgage			60.6						62.6
Finance lease obligation			—						22.9
Total debt, net			$	1,379.9					$	1,415.8

Schedule of Maturities of Debt

The maturity of debt as of December 31, 2024 is as follows:

Years Ending December 31,			(in millions)
2025			$	83.8
2026			$	817.1
2027			$	18.1
2028			$	11.4
2029			$	5.0

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