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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 74.4 $ 102.4
Trade accounts receivable 137.0 121.2
Inventory 28.7 27.5
Prepaid taxes 14.3 16.4
Prepaid expenses and other current assets 29.9 30.5
Total current assets 284.3 298.0
Operating lease right-of-use assets 51.2 55.0
Property, plant, and equipment, net 113.0 117.4
Intangibles, net 170.1 262.4
Goodwill 51.6 286.3
Other assets 7.1 8.5
Total assets 677.3 1,027.6
Current liabilities:    
Accounts payable 30.9 32.3
Accrued liabilities 100.6 119.0
Current maturities of operating lease liabilities 9.0 12.8
Current debt 59.4 0.0
Total current liabilities 199.9 164.1
Unrecognized tax benefits 1.2 32.7
Long-term debt 0.0 39.6
Noncurrent operating lease liabilities 86.2 87.9
Other long-term liabilities 1.9 2.2
Total liabilities 289.2 326.5
Commitments and contingencies
Stockholders’ equity:    
Common stock, 93.1 and 91.3 shares outstanding at June 30, 2025 and December 31, 2024, respectively 0.9 0.9
Additional paid-in capital 1,474.7 1,457.8
Accumulated other comprehensive loss (0.1) (0.8)
Accumulated deficit (1,087.4) (756.8)
Total stockholders' equity 388.1 701.1
Total liabilities and stockholders’ equity $ 677.3 $ 1,027.6