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v3.23.3

Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Schedule of Operations by Business Segment | A summary of the company’s operations by segment is presented below:
|  | Total Segments |  | DWS |  | CA&I |  | ECS
Three Months Ended September 30, 2023 |  |  |  |  |  |  |  |
Revenue |  | $ | 396.6 |  |  | $ | 140.9 |  |  | $ | 133.5 |  |  | $ | 122.2 |
Gross profit |  | $ | 102.7 |  |  | $ | 20.9 |  |  | $ | 20.4 |  |  | $ | 61.4 |
Three Months Ended September 30, 2022 |  |  |  |  |  |  |  |
Revenue |  | $ | 390.1 |  |  | $ | 130.1 |  |  | $ | 122.3 |  |  | $ | 137.7 |
Gross profit |  | $ | 107.3 |  |  | $ | 19.7 |  |  | $ | 6.8 |  |  | $ | 80.8 |
|  | Total Segments |  | DWS |  | CA&I |  | ECS
Nine Months Ended September 30, 2023 |  |  |  |  |  |  |  |
Revenue |  | $ | 1,244.0 |  |  | $ | 406.9 |  |  | $ | 392.1 |  |  | $ | 445.0 |
Gross profit |  | $ | 373.8 |  |  | $ | 54.9 |  |  | $ | 59.2 |  |  | $ | 259.7 |
Nine Months Ended September 30, 2022 |  |  |  |  |  |  |  |
Revenue |  | $ | 1,207.7 |  |  | $ | 382.1 |  |  | $ | 381.5 |  |  | $ | 444.1 |
Gross profit |  | $ | 339.7 |  |  | $ | 52.2 |  |  | $ | 20.9 |  |  | $ | 266.6 |
Schedule of Reconciliation of Revenue from Segments to Consolidated | Presented below is a reconciliation of total segment revenue to total consolidated revenue:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Total segment revenue |  | $ | 396.6 |  |  | $ | 390.1 |  |  | $ | 1,244.0 |  |  | $ | 1,207.7 |
Other revenue |  | 68.0 |  |  | 71.1 |  |  | 213.8 |  |  | 215.2 |
Total consolidated revenue |  | $ | 464.6 |  |  | $ | 461.2 |  |  | $ | 1,457.8 |  |  | $ | 1,422.9 |
Schedule of Reconciliation of Segment Gross Profit to Consolidated Income (Loss) From Continuing Operations Before Income Taxes | Presented below is a reconciliation of total segment gross profit to consolidated loss before income taxes:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Total segment gross profit |  | $ | 102.7 |  |  | $ | 107.3 |  |  | $ | 373.8 |  |  | $ | 339.7 |
Other gross profit |  | (7.4) |  |  | (3.0) |  |  | (3.7) |  |  | 0.1 |
Total gross profit |  | 95.3 |  |  | 104.3 |  |  | 370.1 |  |  | 339.8 |
Selling, general and administrative expense |  | (108.1) |  |  | (106.3) |  |  | (321.3) |  |  | (320.3) |
Research and development expense |  | (4.3) |  |  | (6.0) |  |  | (15.9) |  |  | (17.3) |
Interest expense |  | (7.8) |  |  | (7.9) |  |  | (22.9) |  |  | (24.6) |
Other (expense), net |  | (3.6) |  |  | (23.3) |  |  | (217.2) |  |  | (66.2) |
Total loss before income taxes |  | $ | (28.5) |  |  | $ | (39.2) |  |  | $ | (207.2) |  |  | $ | (88.6) |
Schedule of Revenue by Geographic Segment | Geographic information about the company’s revenue, which is principally based on location of the selling organization, is presented below:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
United States |  | $ | 217.4 |  |  | $ | 208.9 |  |  | $ | 630.6 |  |  | $ | 643.5 |
United Kingdom |  | 54.9 |  |  | 59.0 |  |  | 228.4 |  |  | 181.7 |
Other foreign |  | 192.3 |  |  | 193.3 |  |  | 598.8 |  |  | 597.7 |
Total |  | $ | 464.6 |  |  | $ | 461.2 |  |  | $ | 1,457.8 |  |  | $ | 1,422.9 |

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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 information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + 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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