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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 276.8 $ 194.8
Trade and other receivables, net of allowances of $1.9 million and $1.6 million as of March 31, 2025 and December 31, 2024, respectively 121.7 82.5
Prepaid expenses and other current assets 15.1 29.6
Total current assets 413.6 306.9
Noncurrent assets    
Property and equipment, net 1.7 1.8
Intangible assets, net 155.9 155.9
Goodwill, net 601.8 573.8
Right-of-use lease assets 5.8 6.4
Other noncurrent assets 4.2 3.9
Total assets 1,183.0 1,048.7
Current liabilities    
Accounts payable and other current liabilities 61.0 40.7
Income tax payable 1.9 0.0
Cancelled event liabilities 1.2 1.2
Deferred revenues 185.2 190.5
Contingent consideration 2.8 0.7
Right-of-use lease liabilities, current portion 4.1 4.0
Term loan, current portion 3.9 4.2
Total current liabilities 260.1 241.3
Noncurrent liabilities    
Term loan, net of discount and deferred financing fees 502.7 398.5
Deferred tax liabilities, net 5.4 4.9
Right-of-use lease liabilities, noncurrent portion 4.6 5.5
Other noncurrent liabilities 18.1 12.6
Total liabilities 790.9 662.8
Commitments and contingencies (Note 13)
Stockholders' equity    
Common stock, $0.01 par value; authorized shares at March 31, 2025 and December 31, 2024: 800,000; 199,597 and 201,447 shares issued and outstanding at March 31, 2025 and December 31, 2024,respectively 2.0 2.0
Additional paid-in capital 1,024.9 1,034.0
Accumulated deficit (634.8) (650.1)
Total stockholders' equity 392.1 385.9
Total liabilities and stockholders' equity $ 1,183.0 $ 1,048.7