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Derivative Instruments - FX Contracts (Details) - USD ($) $ in Millions | 12 Months Ended
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Dec. 31, 2024 | Dec. 31, 2023
Foreign Currency Fair Value Hedge Derivative [Line Items] |  |  |  |
Notional amount (U.S. dollar equivalent)(a) |  | $ 155.8 | $ 258.4 | [1]
Fair value of foreign currency derivative contracts(b) | [2] | $ 2.9 | $ 3.8 |
(Loss) gain on foreign currency derivative contracts(a) | [3] | General and administrative expenses | General and administrative expenses |
Foreign Exchange Contract |  |  |  |
Foreign Currency Fair Value Hedge Derivative [Line Items] |  |  |  |
Payments for (Proceeds from) Derivative Instrument, Operating Activities |  | $ (8.3) | $ 1.5 |
[1] | The higher notional balance as of December 31, 2023 relates to a foreign currency derivative contract related to the purchase price of Svanehøj, which closed in January 2024.
[2] | Our foreign currency derivative contracts are classified within Level 2 of the fair value hierarchy because these contracts are not actively traded and the valuation inputs are based on market observable data of similar instruments.
[3] | (a) None of our derivative contracts were designated as hedging instruments under ASC 815, Derivatives & Hedging.

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