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Financing Arrangements (Tables)
 6 Months Ended
Jun. 30, 2026
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):
June 30,December 31,
Maturity DateInterest Rate20262025
Short-Term Credit Facilities
2023 ABL Credit Facility
March 16, 20285.14%$— $— 
2025 Japan ABL Credit FacilityJanuary 21, 20281.87%43.1 44.7 
Total Principal Amount$43.1 $44.7 
Unamortized Debt Issuance Costs$2.0 $2.6 
Balance Sheet Location
ABL Credit FacilitiesAsset-based credit facilities$43.1 $44.7 
Unamortized Debt Issuance Costs - CurrentPrepaid expenses$1.2 $1.2 
Unamortized Debt Issuance Costs - Non-current
Other assets, net
$0.8 $1.4 
June 30,December 31,
Maturity DateInterest Rate20262025
Long-Term Debt and Credit Facilities
2023 Term Loan BMarch 16, 20306.40%$— $1,165.6 
Convertible NotesMay 1, 20262.75%— 258.3 
Equipment NotesDecember 15, 2026 - December 21, 2027
2.36% - 5.93%
4.2 6.5 
Financed Tenant ImprovementsFebruary 1, 2035 - September 1, 2035
8.00% - 10.00%
3.5 3.6 
Total Principal Amount$7.7 $1,434.0 
Less: Unamortized Debt Issuance Costs— 18.0 
Total Debt, net of Unamortized Debt Issuance Costs$7.7 $1,416.0 
Balance Sheet Location
Long-Term Debt - CurrentLong-term debt, current portion$3.6 $765.3 
Long-Term Debt - Non-currentLong-term debt, net4.1 650.7 
Total Debt, net of Unamortized Debt Issuance Costs$7.7 $1,416.0 
Schedule of Interest Expense, Debt
Total interest and amortization expense related to our credit facilities and long-term debt obligations, which were recognized in interest income (expense), net on the condensed consolidated statement of operations, is summarized as follows (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Short-Term Credit Facilities
2025 Japan ABL Credit Facility$0.2 $0.2 $0.4 $0.3 
2023 ABL Credit Facility0.3 0.2 0.5 0.5 
Total$0.5 $0.4 $0.9 $0.8 
Long-Term Debt and Credit Facilities
2023 Term Loan B$1.8 $12.9 $4.8 $25.8 
Convertible Notes0.6 1.8 2.4 3.6 
Equipment Notes— 0.1 0.1 0.2 
Financed Tenant Improvements— 0.1 0.1 0.2 
Total$2.4 $14.9 $7.4 $29.8 
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):
June 30, 2026
2023 ABL Credit Facility
Average availability$409.0 
Weighted-average interest rate7.70 %
2025 Japan ABL Credit Facility
Average availability$12.9 
Weighted-average interest rate1.48 %
Schedule of Aggregate Amount of Maturities for Debt
The following table presents our combined aggregate amount of maturities for our long-term debt and credit facilities over the next five years and thereafter as of June 30, 2026 (in millions):
Remainder of 2026$2.4 
20272.2 
20280.3 
20290.4 
20300.4 
Thereafter2.0 
Total aggregate amount of maturities$7.7