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Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Schedule of Lease ROUs and Lease Liabilities

Right-of-use lease assets and lease liabilities consisted of the following (in millions):

			Balance Sheet Location						March 31, 2025						December 31, 2024
Right-of-use assets:
Operating lease			Other assets (non-current)						$	53.0					$	53.7
Finance lease			Property, plant and equipment, net						0.1						0.5
Total right-of-use assets									$	53.1					$	54.2
Lease liabilities:
Current portion of operating lease			Other current liabilities						$	12.9					$	12.9
Non-current portion of operating lease			Other liabilities						41.9						43.5
Finance lease			Debt obligations						0.2						0.6
Total lease liabilities									$	55.0					$	57.0

Schedule of Components of Lease Expense

The following table summarizes the components of lease expense (in millions):

												Three Months Ended March 31,
																		2025						2024
Finance lease cost:
Amortization of right-of-use assets																		$	0.1					$	0.1
Net finance lease cost																		0.1						0.1
Operating lease cost																		4.2						4.5
Variable lease cost																		0.2						0.1
Sublease income																		—						(0.2)
Total non-current lease cost																		4.5						4.5
Short-term lease costs																		8.0						7.2
Total lease cost																		$	12.5					$	11.7

Cash flow information related to leases is as follows (in millions):

												Three Months Ended March 31,
																		2025						2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases																		$	5.2					$	5.0
Financing cash flows for finance leases																		$	0.1					$	0.1
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases																		$	2.5					$	2.6

The weighted-average remaining lease term and the weighted-average discount rate for the Company's leases were as follows:

						March 31, 2025						December 31, 2024
Weighted-average remaining lease term (years) - operating leases									7.3									7.4
Weighted-average remaining lease term (years) - finance leases						2.6						2.7
Weighted-average discount rate - operating leases						6.2		%				6.1		%
Weighted-average discount rate - finance leases						5.0		%				5.3		%

Schedule of Operating Lease, Liability, Maturity

Future minimum lease commitments (undiscounted) as of March 31, 2025, were as follows (in millions):

			Operating Leases						Finance Leases
2025 (remaining period)			$	11.4					$	0.1
2026			12.7						0.1
2027			10.0						—
2028			7.4						—
2029			4.7						—
Thereafter			21.4						—
Total future minimum lease payments			67.6						0.2
Less: amounts representing interest			(12.8)						—
Total lease liability			$	54.8					$	0.2

Schedule of Finance Lease, Liability, Maturity

Future minimum lease commitments (undiscounted) as of March 31, 2025, were as follows (in millions):

			Operating Leases						Finance Leases
2025 (remaining period)			$	11.4					$	0.1
2026			12.7						0.1
2027			10.0						—
2028			7.4						—
2029			4.7						—
Thereafter			21.4						—
Total future minimum lease payments			67.6						0.2
Less: amounts representing interest			(12.8)						—
Total lease liability			$	54.8					$	0.2

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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Lessee, Assets And Liabilities

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