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Condensed Consolidated Income Statements - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Total revenue $ 1,186,000,000 $ 1,096,100,000 $ 2,294,600,000 $ 2,160,800,000
Operating expenses:        
Selling, general and administrative 222,200,000 208,600,000 427,200,000 406,700,000
Acquisition-related and integration costs 2,700,000 4,100,000 5,800,000 16,900,000
Depreciation and amortization 116,700,000 110,300,000 231,200,000 218,000,000.0
Total operating expenses 981,900,000 894,500,000 1,901,400,000 1,762,700,000
Gain on disposition of property, plant and equipment 0 300,000 400,000 2,700,000
Loss on deconsolidation (15,500,000) 0 (15,500,000) 0
Operating income 188,600,000 201,900,000 378,100,000 400,800,000
Interest expense (47,500,000) (59,900,000) (97,400,000) (123,800,000)
Interest income 4,000,000.0 6,800,000 7,000,000.0 13,400,000
Other income (loss), net 200,000 (200,000) 900,000 (1,000,000.0)
Foreign exchange gain (loss) 200,000 (1,000,000.0) (200,000) (1,900,000)
Income before income taxes 145,500,000 147,600,000 288,400,000 287,500,000
Income tax expense 35,800,000 36,600,000 65,400,000 69,100,000
Net income 109,700,000 111,000,000.0 223,000,000.0 218,400,000
Net income (loss) attributable to:        
Controlling interests 109,800,000 111,100,000 223,200,000 218,500,000
Redeemable non-controlling interests (100,000) (100,000) (200,000) (100,000)
Net income 109,700,000 111,000,000.0 223,000,000.0 218,400,000
Net income attributable to controlling interests 109,800,000 111,100,000 223,200,000 218,500,000
Cumulative dividends on Series A Senior Preferred Shares (6,700,000) (6,700,000) (13,400,000) (13,400,000)
Allocated earnings to Series A Senior Preferred Shares (3,600,000) (3,700,000) (7,400,000) (7,300,000)
Net income available to common stockholders $ 99,500,000 $ 100,700,000 $ 202,400,000 $ 197,800,000
Earnings per share available to common stockholders        
Basic earnings per share available to common stockholders (usd per share) $ 0.54 $ 0.55 $ 1.09 $ 1.08
Diluted earnings per share available to common stockholders (usd per share) $ 0.53 $ 0.54 $ 1.09 $ 1.07
Weighted average number of shares outstanding:        
Basic weighted average number of shares outstanding (in shares) 185,365,576 183,887,145 185,096,464 183,473,233
Diluted weighted average number of shares outstanding (in shares) 186,649,132 184,912,584 186,502,548 184,746,818
Service revenue        
Revenue:        
Total revenue $ 887,200,000 $ 859,100,000 $ 1,739,700,000 $ 1,708,200,000
Operating expenses:        
Direct expenses 353,900,000 348,800,000 715,800,000 701,800,000
Inventory sales revenue        
Revenue:        
Total revenue 298,800,000 237,000,000.0 554,900,000 452,600,000
Operating expenses:        
Direct expenses $ 286,400,000 $ 222,700,000 $ 521,400,000 $ 419,300,000