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Fair Value of Financial Instruments (Tables) | 6 Months Ended
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Jun. 30, 2025
Fair Value Disclosures [Abstract] |
Schedule of Financial Instruments Measured at Fair Value on Nonrecurring Basis | The following tables present the carrying amounts and estimated fair values of the Company’s financial instruments, which were not measured at fair value on a recurring basis and not measured using the equity method of accounting, with fair values shown according to the fair value hierarchy. The tables exclude carrying amounts for cash and cash equivalents and restricted cash (Level 1 measurements), accounts receivable and contract assets, accounts payable, contract liabilities and other current liabilities, and other assets and liabilities (Level 2 measurements) that approximate fair value due to the relatively short periods to maturity (in millions):
June 30, 2025 |  |  |  |  |  | Fair Value Measurement Using:
| Carrying Value |  | Estimated Fair Value |  | Quoted Prices (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Assets |  |  |  |  |  |  |  |  |  |
Measurement alternative investment (1) |  | $ | 0.9 |  |  | $ | 0.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.9 |
Total assets not accounted for at fair value |  | $ | 0.9 |  |  | $ | 0.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.9 |
Liabilities |  |  |  |  |  |  |  |  |  |
Debt obligations (2) |  | $ | 637.4 |  |  | $ | 573.0 |  |  | $ | — |  |  | $ | 573.0 |  |  | $ | — |
Total liabilities not accounted for at fair value |  | $ | 637.4 |  |  | $ | 573.0 |  |  | $ | — |  |  | $ | 573.0 |  |  | $ | — |
(1) Refer to Note 6. Investments for additional information. (2) Excludes lease obligations accounted for under ASC 842, Leases.
December 31, 2024 |  |  |  |  |  | Fair Value Measurement Using:
| Carrying Value |  | Estimated Fair Value |  | Quoted Prices (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Assets |  |  |  |  |  |  |  |  |  |
Measurement alternative investment (1) |  | $ | 0.9 |  |  | $ | 0.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.9 |
Total assets not accounted for at fair value |  | $ | 0.9 |  |  | $ | 0.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.9 |
Liabilities |  |  |  |  |  |  |  |  |  |
Debt obligations (2) |  | $ | 662.2 |  |  | $ | 577.1 |  |  | $ | — |  |  | $ | 577.1 |  |  | $ | — |
Total liabilities not accounted for at fair value |  | $ | 662.2 |  |  | $ | 577.1 |  |  | $ | — |  |  | $ | 577.1 |  |  | $ | — |
(1) Refer to Note 6. Investments for additional information. (2) Excludes lease obligations accounted for under ASC 842, Leases.

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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