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v3.26.1

Debt (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2026
Debt Disclosure [Abstract] |
Schedule of Components of Long-term Debt | Long-term debt is comprised of the following:
|  | June 30, 2026 |  | December 31, 2025
10.625% senior secured notes due January 15, 2031 (Face value of $698.4 million and $700.0 million less unamortized issuance costs of $11.5 million and $12.8 million at June 30, 2026 and December 31, 2025, respectively)(i) |  | $ | 686.9 |  |  | $ | 687.2 |
Finance leases |  | 37.3 |  |  | 41.2 |
Other debt |  | 9.3 |  |  | 13.3 |
Total |  | 733.5 |  |  | 741.7 |
Less – current maturities |  | 11.6 |  |  | 12.7 |
Total long-term debt |  | $ | 721.9 |  |  | $ | 729.0 |
(i) See Note 10 for the fair value of the notes.
Schedule of Interest Expense | Interest expense related to the 2031 Notes is comprised of the following:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2026 |  | 2025 |  | 2026 |  | 2025
Contractual interest coupon |  | $ | 18.6 |  |  | $ | 0.8 |  |  | $ | 37.2 |  |  | $ | 0.8 |
Amortization of issuance costs |  | 0.7 |  |  | — |  |  | 1.3 |  |  | — |
Total |  | $ | 19.3 |  |  | $ | 0.8 |  |  | $ | 38.5 |  |  | $ | 0.8 |
Interest expense related to the 2027 Notes was comprised of the following:
|  |  |  | Three Months Ended June 30, 2025 |  |  |  | Six Months Ended June 30, 2025
Contractual interest coupon |  |  |  | $ | 8.0 |  |  |  |  | $ | 16.3 |
Amortization of issuance costs |  |  |  | 0.3 |  |  |  |  | 0.6 |
Total |  |  |  | $ | 8.3 |  |  |  |  | $ | 16.9 |

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