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Financing Arrangements (Tables)
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Our credit facilities and long-term debt obligations are summarized as follows (in millions, except interest rates):
September 30,December 31,
Maturity DateInterest Rate20252024
Short-Term Credit Facilities
2023 ABL Credit Facility
March 16, 20285.64%$— $— 
2025 Japan ABL Credit FacilityJanuary 21, 20281.30%47.3 — 
2022 Japan ABL Credit FacilityJanuary 25, 20251.21%— 25.4 
Total Principal Amount$47.3 $25.4 
Unamortized Debt Issuance Costs$2.9 $3.4 
Balance Sheet Location
ABL Credit FacilitiesAsset-based credit facilities$47.3 $25.4 
Unamortized Debt Issuance Costs - CurrentPrepaid expenses$1.2 $1.1 
Unamortized Debt Issuance Costs - Non-currentOther long-term assets$1.7 $2.3 
September 30,December 31,
Maturity DateInterest Rate20252024
Long-Term Debt and Credit Facilities
2023 Term Loan BMarch 16, 20307.16%$1,168.8 $1,178.1 
Convertible NotesMay 1, 20262.75%258.3 258.3 
Equipment NotesDecember 15, 2026 - December 21, 2027
2.36% - 5.93%
7.6 11.7 
Mortgage LoansJuly 1, 2033 - July 29, 2036
9.75% - 11.31%
43.7 44.3 
Financed Tenant ImprovementsFebruary 1, 2035
8.00% - 10.00%
3.7 3.1 
Total Principal Amount$1,482.1 $1,495.5 
Less: Unamortized Debt Issuance Costs18.7 22.3 
Total Debt, net of Unamortized Debt Issuance Costs$1,463.4 $1,473.2 
Balance Sheet Location
Long-Term Debt - CurrentOther current liabilities$14.5 $15.3 
Long-Term Debt - CurrentConvertible notes, net257.4 — 
Long-Term Debt - Non-currentLong-term debt1,191.5 1,457.9 
Total Debt, net of Unamortized Debt Issuance Costs$1,463.4 $1,473.2 
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 condensed consolidated statement of operations, is summarized as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Short-Term Credit Facilities
2025 Japan ABL Credit Facility$0.2 $— $0.5 $— 
2023 ABL Credit Facility0.3 0.5 0.8 1.7 
2022 Japan ABL Credit Facility— 0.1 — 0.2 
Total$0.5 $0.6 $1.3 $1.9 
Long-Term Debt and Credit Facilities
2023 Term Loan B$22.8 $25.9 $67.8 $81.0 
Convertible Notes1.8 1.7 5.3 5.3 
Equipment Notes0.1 0.1 0.3 0.4 
Financed Tenant Improvements— 0.1 0.2 0.2 
Mortgage Loans1.1 1.2 3.4 3.5 
Total$25.8 $29.0 $77.0 $90.4 
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 2025 Japan ABL Credit Facility were as follows for the periods presented (in millions except interest rates):
(in millions, except interest rates)September 30, 2025
2023 ABL Credit Facility
Average availability$413.4 
Weighted-average interest rate4.74 %
2025 Japan ABL Credit Facility
Average availability$13.3 
Weighted-average interest rate1.25 %
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 September 30, 2025.
(in millions)
Remainder of 2025$4.5 
2026276.4 
202715.6 
202813.8 
202913.9 
Thereafter1,157.9 
Total aggregate amount of maturities$1,482.1 
Less: Unamortized debt issuance costs18.7 
Total aggregate amount of maturities, net of unamortized debt issuance costs$1,463.4