XML 42 R30.htm IDEA: XBRL DOCUMENT
v3.25.2

Revenue (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following tables illustrate the disaggregation of revenue by geographic area, groups of similar products and services and sales channels: Net sales by geographic area
|  | Three Months Ended June 30, | Six Months Ended June 30,
|  | 2025 |  | 2024 | 2025 |  | 2024
Americas |  | $ | 213.5 |  |  | $ | 227.8 |  | $ | 410.8 |  |  | $ | 443.4 |
Europe, Middle East and Africa |  | 84.7 |  |  | 81.5 |  | 160.7 |  |  | 158.3 |
Asia Pacific |  | 20.4 |  |  | 21.7 |  | 37.1 |  |  | 40.3 |
Total |  | $ | 318.6 |  |  | $ | 331.0 |  | $ | 608.6 |  |  | $ | 642.0 |
Net sales are attributed to each geographic area based on the end-user country and are net of intercompany sales. Net sales by groups of similar products and services
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Equipment | $ | 197.0 |  |  | $ | 210.7 |  |  | $ | 369.8 |  |  | $ | 400.5 |
Parts and consumables | 69.5 |  |  | 68.9 |  |  | 136.8 |  |  | 139.5 |
Service and other | 52.1 |  |  | 51.4 |  |  | 102.0 |  |  | 102.0 |
Total | $ | 318.6 |  |  | $ | 331.0 |  |  | $ | 608.6 |  |  | $ | 642.0 |
Net sales by sales channel
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Sales direct to consumer | $ | 216.5 |  |  | $ | 229.7 |  |  | $ | 421.6 |  |  | $ | 451.1 |
Sales to distributors | 102.1 |  |  | 101.3 |  |  | 187.0 |  |  | 190.9 |
Total | $ | 318.6 |  |  | $ | 331.0 |  |  | $ | 608.6 |  |  | $ | 642.0 |
Schedule of Change in Sales Incentive Accrual Balance and Deferred Revenue Balance | The change in our sales incentive accrual balance was as follows:
| Six Months Ended June 30,
| 2025 |  | 2024
Beginning balance | $ | 15.6 |  |  | $ | 21.2 |
Additions to sales incentive accrual | 12.5 |  |  | 12.6 |
Contract payments | (12.1) |  |  | (16.9) |
Foreign currency fluctuations | 0.8 |  |  | (0.5) |
Ending balance | $ | 16.8 |  |  | $ | 16.4 |
The change in the deferred revenue balance was as follows:
| Six Months Ended June 30,
| 2025 |  | 2024
Beginning balance | $ | 20.6 |  |  | $ | 10.3 |
Increase in deferred revenue representing our obligation to satisfy future performance obligations | 13.5 |  |  | 12.1 |
Decrease in deferred revenue for amounts recognized in net sales for satisfied performance obligations | (9.3) |  |  | (9.7) |
Foreign currency fluctuations | 0.6 |  |  | (0.2) |
Ending balance | $ | 25.4 |  |  | $ | 12.5 |
Schedule of Recognition of Net Sales in Future Periods | Of these amounts, we expect to recognize the following approximate amounts in net sales in the following periods:
Remaining 2025 | $ | 8.0 |
2026 | 6.8 |
2027 | 5.2 |
2028 | 3.1 |
2029 | 2.0 |
Thereafter | 0.3 |
Total | $ | 25.4 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration