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Financing Arrangements (Tables)
 12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Our credit facilities and long-term debt obligations are summarized as follows (in millions):
Maturity DateInterest RateDecember 31, 2024December 31, 2023
Short-Term Credit Facilities
2023 ABL Credit FacilityMarch 16, 20285.68%$— $26.3 
2022 Japan ABL Credit FacilityJanuary 25, 20251.21%25.4 28.4 
Total Principal Amount$25.4 $54.7 
Unamortized Debt Issuance Costs$3.4 $4.5 
Balance Sheet Location
ABL Credit FacilitiesAsset-based credit facilities$25.4 $54.7 
Unamortized Debt Issuance Costs - CurrentPrepaid expenses$1.1 $1.1 
Unamortized Debt Issuance Costs - Non-currentOther long-term assets$2.3 $3.4 
Maturity DateInterest RateDecember 31, 2024December 31, 2023
Long-Term Debt and Credit Facilities
2023 Term Loan BMarch 16, 20307.36%$1,178.1 $1,240.6 
Convertible NotesMay 1, 20262.75%258.3 258.3 
Equipment NotesJuly 24, 2025 - December 21, 2027
2.36% - 5.93%
11.7 19.2 
Mortgage LoansJuly 1, 2033 - July 29, 2036
9.75% - 11.31%
44.3 45.4 
Financed Tenant ImprovementsFebruary 1, 20358.00%3.1 3.3 
Total Principal Amount$1,495.5 $1,566.8 
Less: Unamortized Debt Issuance Costs22.3 31.5 
Total Debt, net of Unamortized Debt Issuance Costs$1,473.2 $1,535.3 
Balance Sheet Location
Long-Term Debt - CurrentOther current liabilities$15.3 $17.1 
Long-Term Debt - Non-currentLong-term debt1,457.9 1,518.2 
Total Debt, net of Unamortized Debt Issuance Costs$1,473.2 $1,535.3 
Schedule of Interest Expense, Debt
Total interest and amortization expense related to our credit facilities and long-term debt obligations, which is included in “Interest expense, net” in our consolidated statement of operations, is summarized as follows (in millions):
Year Ended December 31,
202420232022
Short-Term Credit Facilities
2023 ABL Credit Facility$1.9 $7.4 $4.3 
2022 Japan ABL Credit Facility0.3 0.3 0.3 
Total$2.2 $7.7 $4.6 
Long-Term Debt and Credit Facilities
2023 Term Loan B$104.9 $90.9 $— 
Convertible Notes7.1 7.1 7.1 
Equipment Notes0.6 0.8 0.7 
Financed Tenant Improvements0.3 0.3 — 
Mortgage Loans4.6 4.7 4.8 
2019 Term Loan B— 8.6 31.2 
Topgolf Term Loan— 7.8 29.9 
Topgolf Revolving Credit Facility— 2.7 4.4 
Total$117.5 $122.9 $78.1 
Schedule of Borrowings, Availability, Interest Rate and Liquidity for Short-term Credit Facilities Our average availability and weighted-average interest rate under our 2023 ABL Credit Facility and 2022 Japan ABL Credit Facility, as well as our consolidated available liquidity were as follows for the periods presented (in millions except interest rates):
Year Ended December 31,
20242023
2023 ABL Credit Facility
Average availability$410.2 $354.6 
Weighted-average interest rate5.29 %5.88 %
2022 Japan ABL Credit Facility
Average availability$13.0 $6.0 
Weighted-average interest rate1.01 %0.88 %
Consolidated Available Liquidity$796.9 $742.6 
Schedule of Aggregate Amount of Maturities for Debt
The following table presents our combined aggregate amount of maturities for our long-term debt over the next five years and thereafter as of December 31, 2024.
(in millions)
2025$18.6 
2026276.4 
202715.5 
202813.7 
202913.9 
Thereafter1,157.4 
Total aggregate amount of maturities1,495.5 
Less: Unamortized Debt Issuance Costs22.3 
Total aggregate amount of maturities, net of Unamortized Debt Issuance Costs$1,473.2