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Fair Value Measures and Disclosures (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
The following tables provide information regarding the Company’s assets and liabilities measured at fair value as of March 31, 2025, and December 31, 2024.
March 31, 2025 (in millions)
Location on Consolidated Balance SheetsActive Markets for Identical Assets and Liabilities
Level 1
Other
Observable
Inputs
Level 2
Unobservable
Inputs
Level 3
Total
Fair Value
Assets
Foreign exchange contract not designated as hedging instrument1
Accounts Receivable$— $0.3 $— $0.3 
Liabilities
Foreign exchange contract not designated as hedging instrument1
Accrued Liabilities$— $0.4 $— $0.4 
Long-term debtLong-term debt$— $422.3 $— $422.3 
Performance-based restricted share units
Other Liabilities$0.7 $— $— $0.7 
Contingent LiabilityOther Liabilities$— $— $1.5 $1.5 
1 Notional value of $38.9 million
December 31, 2024 (in millions)
Location on Consolidated Balance SheetsActive Markets for Identical Assets and Liabilities
Level 1
Other
Observable
Inputs
Level 2
Unobservable
Inputs
Level 3
Total
Fair Value
Assets
Foreign exchange contract not designated as hedging instrument1
Accounts Receivable$— $0.1 $— $0.1 
Liabilities
Foreign exchange contract not designated as hedging instrument1
Accrued Liabilities$— $3.1 $— $3.1 
Long-term debtLong-term debt$— $430.1 $— $430.1 
Performance-based restricted share units
Other Liabilities$1.6 $— $— $1.6 
Contingent LiabilityOther Liabilities$— $— $1.5 $1.5 
1 Notional value of $65.0 million