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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 6.5 $ 25.0
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 65.4 56.1
Non-cash interest on financing and deemed landlord financed leases 13.1 9.0
Loss on disposal of long-lived assets 0.9 0.0
Amortization of debt discount and issuance costs 1.5 2.1
Deferred taxes, net 5.4 (3.7)
Share-based compensation 13.1 12.4
Unrealized net (gains) losses on hedging instruments and foreign currency (2.8) 3.1
Loss on debt modification 4.7 10.5
Change in assets and liabilities, net of impacts of business combinations:    
Accounts receivable, net (227.1) (285.2)
Inventories 79.3 30.1
Leasing receivables (0.9) (4.3)
Other assets 17.5 16.3
Accounts payable and accrued expenses (50.4) 4.5
Deferred revenue (4.3) 8.8
Accrued employee compensation and benefits 5.5 (31.6)
Operating lease assets and liabilities, net 3.8 4.0
Income taxes receivable/payable, net (4.9) (8.5)
Other liabilities 0.4 (0.7)
Net cash used in operating activities (73.3) (152.1)
Cash flows from investing activities:    
Capital expenditures (65.4) (121.4)
Asset acquisitions, net of cash acquired 0.0 (18.4)
Asset acquisitions, net of cash acquired (23.3) 0.0
Investment in golf-related ventures (0.3) 0.0
Acquisition of intangible assets (0.2) (0.5)
Proceeds from sale of property and equipment 0.1 0.4
Net cash used in investing activities (89.1) (139.9)
Cash flows from financing activities:    
Repayments of long-term debt and DLF obligations (12.0) (775.8)
Proceeds from borrowings on long-term debt 0.0 1,224.8
Repayments of credit facilities, net 0.0 (219.4)
Debt issuance costs (0.2) (1.2)
Repayments of financing leases (1.5) (1.0)
Proceeds from lease financing 27.2 51.6
Exercise of stock options 0.0 3.6
Acquisition of treasury stock (6.2) (9.2)
Net cash provided by financing activities 7.3 273.4
Effect of exchange rate changes on cash, cash equivalents and restricted cash (4.4) 0.6
Net decrease in cash, cash equivalents and restricted cash (159.5) (18.0)
Cash, cash equivalents and restricted cash at beginning of period 398.8 203.3
Cash, cash equivalents and restricted cash at end of period 239.3 185.3
Less: restricted cash [1] (5.4) (4.7)
Cash and cash equivalents at end of period 233.9 180.6
Supplemental disclosures:    
Cash paid for income taxes, net 4.8 9.6
Cash paid for interest 42.9 35.3
Non-cash investing and financing activities:    
Issuance of treasury stock and common stock for compensatory stock awards released from restriction 14.0 21.3
Accrued capital expenditures 34.9 40.8
Financed additions of capital expenditures $ 2.3 $ 5.4
[1]
(1) Includes $0.7 million and $0.5 million of short-term restricted cash and $4.7 million and $4.2 million of long-term restricted cash included in other assets for the periods ended March 31, 2024 and 2023, respectively.