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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Lease, Cost

The Company recorded lease cost for the years ended December 31, 2024, 2023 and 2022 as follows:

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Operating lease cost

 

$

7.5

 

 

$

7.3

 

 

$

6.7

 

Short-term lease cost

 

 

1.5

 

 

 

0.8

 

 

 

0.9

 

Total lease cost

 

$

9.0

 

 

$

8.1

 

 

$

7.6

 

Supplemental cash flow information related to leases was as follows:

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Cash paid for amounts included in the measurement of operating lease liabilities

 

$

6.9

 

 

$

7.1

 

 

$

6.7

 

Right-of-use assets obtained in exchange for operating lease obligations

 

$

5.5

 

 

$

5.6

 

 

$

4.5

 

Future Lease Maturity

Future minimum lease payments under non-cancellable leases as of December 31, 2024 were as follows:

2025

 

$

5.2

 

2026

 

 

2.8

 

2027

 

 

2.2

 

2028

 

 

1.6

 

2029 and after

 

 

0.9

 

Total future minimum lease payments

 

 

12.7

 

    Less amount of lease payment representing interest

 

 

(1.0

)

Total present value of lease payments

 

$

11.7