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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Components of Income Tax (Benefit) Provision | The income tax (benefit) provision were calculated based upon the following components of income before income taxes:
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
U.S. (loss) income |  | $ | (64.5 | ) |  | $ | 0.7 |  |  | $ | 9.0 |
Foreign (loss) income |  |  | (1.8 | ) |  |  | 1.8 |  |  |  | 1.6 |
Total (loss) income before taxes |  | $ | (66.3 | ) |  | $ | 2.5 |  |  | $ | 10.6 |
Schedule of Income Tax (Benefit) Expense | The income tax (benefit) expense consisted of the following:
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Current |  |  |  |  |  |  |  |  |
U.S. federal |  | $ | 1.7 |  |  | $ | 0.7 |  |  | $ | 1.9 |
U.S. state |  |  | 3.9 |  |  |  | 1.7 |  |  |  | 0.6 |
Foreign |  |  | — |  |  |  | 0.4 |  |  |  | — |
Deferred |  |  |  |  |  |  |  |  |
U.S. federal |  |  | (2.1 | ) |  |  | (5.2 | ) |  |  | (0.7 | )
U.S. state |  |  | (7.5 | ) |  |  | (5.3 | ) |  |  | (0.8 | )
Foreign |  |  | (0.2 | ) |  |  | 1.3 |  |  |  | 0.3 |
Total income tax (benefit) expense |  | $ | (4.2 | ) |  | $ | (6.4 | ) |  | $ | 1.3 |
Schedule of Reconciliation of Income Tax (Benefit) Expense | The reconciliation of the income tax (benefit) expense in the consolidated financial statements and the amount computed by applying the statutory U.S. federal and state related income tax rates to the pre-tax (loss) income before income taxes was as follows:
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Income tax (benefit) expense at statutory U.S. federal rate |  | $ | (13.9 | ) |  | $ | 0.5 |  |  | $ | 2.2 |
Income tax (benefit) expense at statutory U.S. states rate, net |  |  | (2.8 | ) |  |  | 0.2 |  |  |  | (0.4 | )
Permanent differences: |  |  |  |  |  |  |  |  |
Foreign rate differential |  |  | (0.1 | ) |  |  | 0.1 |  |  |  | 0.1 |
Valuation allowance |  |  | 12.4 |  |  |  | (8.8 | ) |  |  | 0.8 |
Fixed asset basis adjustments |  |  | — |  |  |  | — |  |  |  | (1.6 | )
Other |  |  | 0.2 |  |  |  | 1.6 |  |  |  | 0.2 |
Total income tax (benefit) expense |  | $ | (4.2 | ) |  | $ | (6.4 | ) |  | $ | 1.3 |
For the year ended December 31, 2024, the income tax benefit was primarily attributable to the Company's pre-tax losses partially offset by a valuation allowance against a portion of the deferred tax asset relating to U.S. disallowed interest expense carryforwards created by the provisions of the Tax Cuts and Jobs Act of 2018 ("TCJA"). During the year ended December 31, 2023, the income tax benefit was primarily attributable to the release of the valuation allowance on certain U.S. federal and state deferred tax assets.
Schedule of Components of Deferred Tax Assets and Liabilities | The components of deferred tax assets and liabilities were as follows:
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Deferred Tax Assets |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 34.4 |  |  | $ | 41.3 |
Deferred revenue |  |  | 0.5 |  |  |  | 0.6 |
Accounts receivable and inventories |  |  | 6.6 |  |  |  | 6.6 |
Accrued liabilities |  |  | 3.7 |  |  |  | 4.8 |
Lease liability |  |  | 39.9 |  |  |  | 39.1 |
Interest limitation carryforward |  |  | 35.6 |  |  |  | 20.5 |
Deferred payroll taxes and other |  |  | 3.6 |  |  |  | 2.0 |
Gross deferred tax assets |  | $ | 124.3 |  |  | $ | 114.9 |
Valuation allowance |  |  | (12.4 | ) |  |  | — |
Deferred tax assets |  | $ | 111.9 |  |  | $ | 114.9 |
Deferred Tax Liabilities |  |  |  |  |  |
Property and equipment |  |  | (62.9 | ) |  |  | (73.5 | )
Goodwill & intangibles |  |  | (1.2 | ) |  |  | (2.2 | )
Prepaid expenses |  |  | (1.7 | ) |  |  | (1.4 | )
Lease right-of-use assets |  |  | (39.2 | ) |  |  | (37.6 | )
Gross deferred tax liabilities |  | $ | (105.0 | ) |  | $ | (114.7 | )
Deferred tax (liabilities) assets, net |  | $ | 6.9 |  |  | $ | 0.2 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
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- Definition Tabular disclosure of the income tax exemptions and reductions which have been granted by taxing authorities for a specified period, applicable term of the exemptions and reductions, estimated dollar value of tax benefits, and per share benefits. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 11.C) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2 + Details
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