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Commitments and Contingencies
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
 
The Company is involved in various legal and administrative proceedings incidental to the operations of its business. Except as disclosed, the Company believes that the outcome of all such pending proceedings in the aggregate will not have a material adverse effect on its business, financial condition, liquidity or operating results. Some of these proceedings involve complex claims that are subject to substantial uncertainties and unascertainable potential losses. Accordingly, the Company has not established material reserves or ranges of possible loss related to these proceedings, as at this time in the proceedings, the matters do not relate to a probable loss and/or the amount or range of losses are not reasonably estimable. Although the Company believes that it has strong defenses for the litigation and regulatory proceedings in which it is involved, it could, in the future, enter into settlements of claims that could have a material adverse effect on the Company's financial position, results of operations or cash flows.

Mattress Firm Acquisition

On July 2, 2024, the FTC filed a complaint for temporary restraining order and preliminary injunction in the United States District Court for the Southern District of Texas (the "Court") and an administrative complaint to challenge our acquisition of Mattress Firm. On July 16, 2024, the Court entered a temporary restraining order enjoining the completion of the merger until the Court ruled on the FTC's motion for a preliminary injunction. On October 4, 2024, the Company filed a complaint in the Court seeking an injunction against the FTC's administrative proceeding. On January 31, 2025, the Court denied the FTC's motion for a preliminary injunction and declined to enjoin the Company’s acquisition of Mattress Firm. On
February 5, 2025, the transaction was closed. The FTC may appeal the Court's decision through April 1, 2025. Further, the FTC’s administrative proceeding has not been conclusively terminated.