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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 69.7 $ 111.7
Restricted cash 1.3 0.0
Accounts receivable, net 196.3 191.0
Inventories, net 317.5 328.9
Prepaid expenses and other current assets 36.0 47.9
Assets held for sale 33.7 0.0
Total current assets 654.5 679.5
Property, plant and equipment, net 306.2 382.8
Intangible assets, net 534.1 566.6
Other assets 18.7 194.3
Total assets 1,513.5 1,823.2
Current liabilities:    
Accounts payable 95.9 112.2
Accrued expenses 17.2 18.6
Accrued compensation 66.7 74.1
Debt, current portion 415.2 413.7
Other current liabilities 14.6 32.7
Liabilities held for sale 10.1 0.0
Total current liabilities 619.7 651.3
Debt, net of current portion 447.0 446.5
Deferred tax liability 34.8 47.2
Other liabilities 25.7 28.9
Total liabilities 1,127.2 1,173.9
Stockholders' equity:    
Preferred stock, $0.001 par value per share; 15.0 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock, $0.001 par value per share; 200.0 shares authorized, 58.5 and 57.8 shares issued; 52.9 and 52.2 shares outstanding, respectively 0.1 0.1
Treasury stock, at cost, 5.6 and 5.6 common shares, respectively (227.7) (227.7)
Additional paid-in capital 915.3 904.4
Accumulated other comprehensive loss, net (5.5) (5.7)
Accumulated deficit (295.9) (21.8)
Total stockholders’ equity 386.3 649.3
Total liabilities and stockholders’ equity $ 1,513.5 $ 1,823.2