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Segment information (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated | The following table includes segment revenues and a reconciliation of the Company's segment adjusted gross margin to the consolidated statement of operations for each of the Company's reporting segments:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
|  |  | (As Restated) |  |  |  | (As Restated)
Revenues: |  |  |  |  |  |  |
Products | $ | 249.8 |  |  | $ | 186.2 |  |  | $ | 695.4 |  |  | $ | 660.5 |
Services | 14.2 |  |  | 36.3 |  |  | 57.7 |  |  | 92.5 |
Total segment revenues | 264.0 |  |  | 222.5 |  |  | 753.1 |  |  | 753.0 |
Contracts and grants revenues | 6.5 |  |  | 17.4 |  |  | 19.6 |  |  | 34.3 |
Total revenues | $ | 270.5 |  |  | $ | 239.9 |  |  | $ | 772.7 |  |  | $ | 787.3 |
Less: Cost of sales: |  |  |  |  |  |  |
Cost of Products | $ | 132.5 |  |  | $ | 85.2 |  |  | $ | 368.6 |  |  | 256.8 |
Cost of Services | 44.3 |  |  | 62.0 |  |  | 151.7 |  |  | 215.8 |
Total cost of sales | $ | 176.8 |  |  | $ | 147.2 |  |  | $ | 520.3 |  |  | $ | 472.6 |
Products gross margin | $ | 117.3 |  |  | $ | 101.0 |  |  | $ | 326.8 |  |  | $ | 403.7 |
Services gross margin | $ | (30.1) |  |  | $ | (25.7) |  |  | $ | (94.0) |  |  | $ | (123.3) |
Consolidated gross margin(1) | $ | 87.2 |  |  | $ | 75.3 |  |  | $ | 232.8 |  |  | $ | 280.4 |
Adjustments to gross margin: |  |  |  |  |  |  |
Products: |  |  |  |  |  |  |
Changes in fair value of contingent consideration | $ | (1.1) |  |  | $ | 0.6 |  |  | $ | (0.4) |  |  | $ | 2.4 |
Restructuring costs | 5.0 |  |  | — |  |  | 7.0 |  |  | — |
Inventory step-up provision | — |  |  | — |  |  | 1.9 |  |  | — |
Services: |  |  |  |  |  |  |
Restructuring costs | $ | 8.1 |  |  | $ | — |  |  | $ | 8.1 |  |  | $ | — |
Products adjusted gross margin | $ | 121.2 |  |  | $ | 101.6 |  |  | $ | 335.3 |  |  | $ | 406.1 |
Services adjusted gross margin | $ | (22.0) |  |  | $ | (25.7) |  |  | $ | (85.9) |  |  | $ | (123.3) |
Consolidated adjusted gross margin(2) | $ | 99.2 |  |  | $ | 75.9 |  |  | $ | 249.4 |  |  | $ | 282.8 |
Other reconciling items: |  |  |  |  |  |  |
Contracts and grants revenue | $ | 6.5 |  |  | $ | 17.4 |  |  | $ | 19.6 |  |  | $ | 34.3 |
Adjustments to gross margin | (12.0) |  |  | (0.6) |  |  | (16.6) |  |  | (2.4) |
Goodwill impairment | (218.2) |  |  | — |  |  | (218.2) |  |  | — |
Impairment of long-lived assets | — |  |  | — |  |  | (306.7) |  |  | — |
Research and development | (15.3) |  |  | (42.2) |  |  | (82.0) |  |  | (141.3) |
Selling, general and administrative | (86.0) |  |  | (81.8) |  |  | (278.7) |  |  | (246.1) |
Amortization of intangible assets | (16.3) |  |  | (14.0) |  |  | (49.4) |  |  | (42.0) |
Interest expense | (19.7) |  |  | (8.5) |  |  | (66.2) |  |  | (24.5) |
Gain on sale of business | (0.7) |  |  | — |  |  | 74.2 |  |  | — |
Other, net | (3.4) |  |  | (13.4) |  |  | (2.1) |  |  | (18.4) |
Loss before income taxes | $ | (265.9) |  |  | $ | (67.2) |  |  | $ | (676.7) |  |  | $ | (157.6) |
(1) Total segment revenues less total cost of sales. |  |  |  |
(2) Consolidated gross margin plus adjustments to gross margin. |  |  |  |
Schedule of Segment Reporting Information, by Segment | The following table includes depreciation expense for each segment:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
|  |  | (As Restated) |  |  |  | (As Restated)
Depreciation: |  |  |  |  |  |  |
Products | $ | 7.4 |  |  | $ | 11.5 |  |  | $ | 22.9 |  |  | $ | 25.6 |
Services | 3.4 |  |  | 5.5 |  |  | 19.7 |  |  | 34.1 |
Other | 0.9 |  |  | 3.3 |  | 3.5 |  |  | 5.7
Total | $ | 11.7 |  |  | $ | 20.3 |  |  | $ | 46.1 |  |  | $ | 65.4 |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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