XML 19 R7.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 24.1 $ 1.3
Adjustments to reconcile net income to net cash provided by operating activities—    
Depreciation and amortization 12.0 15.4
Amortization of debt-related costs 0.7 0.7
Gain on sale of investment (19.3) 0.0
Stock-based compensation 7.6 4.0
Deferred income taxes 2.5 (1.1)
Other 0.1 (0.1)
Changes in assets and liabilities, net of acquisitions—    
Accounts receivable, net of allowances (9.3) (1.3)
Prepaid expenses and other assets 5.8 5.9
Accounts payable 4.9 0.1
Accrued payroll (1.1) (1.5)
Other liabilities 0.5 3.5
Net cash provided by operating activities 28.5 26.9
Cash flows from investing activities:    
Purchases of property and equipment, including capitalized software costs (2.2) (2.5)
Proceeds from sale of investment 21.0 0.0
Other 0.2 0.8
Net cash provided by (used in) investing activities 19.0 (1.7)
Cash flows from financing activities:    
Principal payments on debt (10.0) (10.0)
Payments on revolving credit facility (25.0) (10.0)
Principal payments under finance lease obligations (1.5) (1.8)
Distributions paid to noncontrolling interests of consolidated affiliates (1.0) (2.2)
Other (1.4) (0.8)
Net cash used in financing activities (38.9) (24.8)
Increase in cash, cash equivalents, and restricted cash 8.6 0.4
Cash, cash equivalents, and restricted cash at beginning of period 30.3 29.8
Cash, cash equivalents, and restricted cash at end of period $ 38.9 $ 30.2