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Convertible Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Convertible Debt
Convertible debt consists of the following (in millions):
December 31, 2025December 31, 2024
2030 notes$400.0 $— 
2031 notes375.0 — 
Total convertible debt775.0 — 
Less: deferred financing costs(20.5)— 
Convertible debt$754.5 $— 
Schedule of Future Maturities of the Notes
At December 31, 2025, contractual principal payments of total borrowings are as follows (in millions):
Fiscal year ending December 31: 
2026$1.6 
2027— 
2028— 
2029— 
2030— 
Thereafter450.0 
Gross Payments451.6 
Unamortized debt issuance costs(6.9)
Total borrowings, net of debt issuance costs$444.7 
At December 31, 2025, future maturities of the 2030 and 2031 Notes are as follows (in millions):
Fiscal year ending December 31:
2026$— 
2027— 
2028— 
2029— 
2030400.0 
Thereafter375.0 
$775.0