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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (54.7) $ (20.5)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 19.4 13.0
Non-cash interest expense 0.3 0.2
Non-cash lease expense 2.9 3.1
Tenant improvement allowance received 13.2 0.0
Stock-based compensation expense 7.5 10.1
Deferred income taxes 0.1 (5.9)
Unrecognized tax benefits 1.9 0.2
Net realized losses on marketable investment securities 0.5 0.0
Impairment of goodwill and long-lived assets 0.0 10.7
Changes in assets and liabilities:    
Prepaid expenses and other current assets (4.0) (3.0)
Trade accounts receivable (17.5) (10.5)
Inventory (1.7) (0.2)
Prepaid taxes 0.0 (0.4)
Other assets (2.3) (0.3)
Accounts payable 7.6 (3.2)
Accrued expenses and other liabilities (6.5) (35.3)
Deferred revenues 0.1 (4.5)
Net cash used in operating activities (33.2) (46.5)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (23.5) (6.3)
Purchases of marketable investment securities 0.0 (52.1)
Proceeds from maturities and sales of marketable investment securities 58.1 17.1
Net cash provided by (used in) investing activities 34.6 (41.3)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from common stock issued under stock-based compensation plans 0.0 0.3
Payment of tax withheld for common stock issued under stock-based compensation plans (4.9) (5.1)
Net cash used in financing activities (4.9) (4.8)
Effect of foreign exchange rates on cash, cash equivalents, and restricted cash 0.2 (0.6)
Net decrease in cash, cash equivalents, and restricted cash (3.3) (93.2)
Cash, cash equivalents, and restricted cash at beginning of the period 66.4 258.8
Cash, cash equivalents, and restricted cash at end of the period $ 63.1 $ 165.6