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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Components of Lease Expense
The components of lease expense were as follows:
 
(in millions)
  
Twelve Months
Ended December 31
    
Twelve Months
Ended December 31
 
    
2022
    
2021
 
Finance lease cost:
                 
Amortization of
right-of-use
assets
   $ —        $ 0.5  
Interest on lease liabilities
     —          —    
    
 
 
    
 
 
 
Total finance lease cost
     —          0.5  
Operating lease cost
     15.6        13.8  
Short-term lease cost
     7.2        3.8  
Variable lease cost
     0.3        0.3  
    
 
 
    
 
 
 
Total lease cost
   $ 23.1      $ 18.4  
    
 
 
    
 
 
 
Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases is as follows:
 
(in millions)
  
Twelve Months
Ended December 31
    
Twelve Months
Ended December 31
 
    
2022
    
2021
 
Cash paid for amounts included in the measurement of lease liabilities:
                 
Operating cash flows from operating leases
   $ 23.1      $ 18.1  
Operating cash flows from finance leases
     0.1        0.5  
Finance cash flows from finance leases
     —          —    
     
Right-of-use
assets obtained in exchange for new lease obligations:
                 
Operating leases
   $ 14.9      $ 5.2  
Finance leases
     —          —    
Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows:
 
(in millions except lease term and discount rate)
  
December 31
2022
    
December 31
2021
 
Operating leases:
                 
Operating lease
right-of-use
assets
   $ 45.3      $ 35.4  
    
 
 
    
 
 
 
Current portion of operating lease liabilities
   $ 13.9      $ 12.4  
Operating lease liabilities, net of current portion
     31.4        23.1  
    
 
 
    
 
 
 
Total operating lease liabilities
   $ 45.3      $ 35.5  
    
 
 
    
 
 
 
     
Finance leases:
                 
Property, plant and equipment at cost
   $ —        $ 5.0  
Accumulated depreciation
     —          (4.5
    
 
 
    
 
 
 
Net property, plant and equipment
   $ —        $ 0.5  
    
 
 
    
 
 
 
Current portion of finance leases
   $ —        $ 0.1  
Finance leases, net of current portion
     —          —    
    
 
 
    
 
 
 
Total finance lease liabilities
   $ —        $ 0.1  
    
 
 
    
 
 
 
(in millions except lease term and discount rate)
  
December 31
2022
   
December 31
2021
 
     
Weighted average remaining lease term:
                
Operating leases
     5.5 years       4.9 years  
Finance leases
     —         0.5 years  
Weighted average discount rate:
                
Operating leases
     2.6     2.5
Finance leases
     —         2.5
Maturities of Lease Liabilities
Maturities of lease liabilities were as follows as at December 31, 2022:
 
(in millions)
  
Operating
Leases
 
Within one year
   $ 14.3  
Year two
     8.9  
Year three
     6.4  
Year four
     5.2  
Year five
     1.5  
Thereafter
     13.5  
    
 
 
 
Total lease payments
     49.8  
Less imputed interest
     (4.5
    
 
 
 
Total
   $ 45.3  
    
 
 
 
As of December 31, 2022, additional operating and finance leases that have not yet commenced are $2.7 million.
Future lease payment for all
non-cancellable
operating and finance leases as of December 31, 2021 were as follows:
 
(in millions)
  
Operating
Leases
   
Finance
Leases
 
Within one year
   $ 12.5     $ 0.1  
Year two
     9.0       —    
Year three
     6.0       —    
Year four
     3.9       —    
Year five
     3.1       —    
Thereafter
     3.2       —    
    
 
 
   
 
 
 
Total lease payments
     37.7       0.1  
Less imputed interest
     (2.2     —    
    
 
 
   
 
 
 
Total
   $ 35.5     $ 0.1