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Shareholders' Equity (Tables) | 6 Months Ended
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Jun. 30, 2025
Stockholders' Equity Note [Abstract] |
Schedule of Purchase Activity under the 2023 repurchase program | The following table presents the share purchase activity under the 2023 Repurchase Program for the periods reported (in millions except share data):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Shares purchased |  | — |  |  | — |  |  |  | 200,731 |  |  | — |
Aggregate cost of shares repurchased |  | $ | — |  |  | $ | — |  |  | $ | 10.0 |  |  | $ | — |
Dollar value of shares that may yet be purchased under the program (a) |  | $ | 359.9 |  |  | $ | 369.9 |  |  | $ | 359.9 |  |  | $ | 369.9 |
a) Authorization for the remaining $359.9 million on the 2023 Repurchase Program expired in May 2025.
Schedule of the impact of stock-based compensation expense | The Company recorded stock-based compensation expense as follows in the unaudited condensed consolidated statements of operations and comprehensive income (in millions):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Stock options |  | $ | 0.5 |  |  | $ | 0.4 |  |  | $ | 1.0 |  |  | $ | 0.9 |
Restricted stock units |  |  | 4.8 |  |  |  | 4.4 |  |  |  | 9.5 |  |  |  | 8.6 |
Employee Stock Purchase Plan |  |  | 0.4 |  |  |  | 0.3 |  |  |  | 0.8 |  |  |  | 0.5 |
Total stock-based compensation expense |  | $ | 5.7 |  |  | $ | 5.1 |  |  | $ | 11.3 |  |  | $ | 10.0 |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Cost of product revenue |  | $ | 0.5 |  |  | $ | 0.4 |  |  | $ | 1.1 |  |  | $ | 0.8 |
Selling, general and administrative |  |  | 4.5 |  |  |  | 4.1 |  |  |  | 8.8 |  |  |  | 8.0 |
Research and development |  |  | 0.7 |  |  |  | 0.6 |  |  |  | 1.4 |  |  |  | 1.2 |
Total stock-based compensation expense |  | $ | 5.7 |  |  | $ | 5.1 |  |  | $ | 11.3 |  |  | $ | 10.0 |

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