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Unaudited Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Unaudited Consolidated Statements of Operations    
Revenue, net $ 404.6 $ 327.5
Cost of revenue 254.1 214.6
Gross profit 150.5 112.9
Operating expenses:    
Research and development 54.2 49.8
Selling, general, and administrative 59.0 55.1
Amortization of intangible assets 5.5 6.9
Restructuring, asset impairments, and other charges 1.2 0.2
Total operating expenses 119.9 112.0
Operating income 30.6 0.9
Interest income 6.9 12.6
Interest expense (4.2) (7.1)
Other income (expense), net (3.4) 1.4
Income from continuing operations, before income tax 29.9 7.8
Income tax provision 5.0 1.8
Income from continuing operations 24.9 6.0
Loss from discontinued operations, net of income tax (0.2) (0.6)
Net income $ 24.7 $ 5.4
Basic weighted-average common shares outstanding 37.6 37.4
Diluted weighted-average common shares outstanding 38.1 37.7
Earnings (loss) per share:    
Basic earnings per share $ 0.66 $ 0.16
Diluted earnings per share 0.65 0.16
Basic loss per share (0.01) (0.02)
Diluted loss per share (0.01) (0.02)
Net income:    
Basic earnings per share 0.66 0.14
Diluted earnings per share $ 0.65 $ 0.14