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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 308,200,000 $ 72,800,000
Accounts receivable, net 131,700,000 128,800,000
Unbilled receivables, net 206,700,000 200,400,000
Inventoried costs 154,800,000 156,200,000
Prepaid expenses 28,800,000 16,000,000.0
Other current assets 21,000,000.0 20,000,000.0
Total current assets 851,200,000 594,200,000
Property, plant and equipment, net 271,200,000 243,600,000
Operating lease right-of-use assets 41,800,000 45,700,000
Goodwill 568,900,000 569,100,000
Intangible assets, net 58,100,000 62,400,000
Other assets 123,000,000.0 117,500,000
Total assets 1,914,200,000 1,632,500,000
Current liabilities:    
Accounts payable 58,800,000 63,100,000
Accrued expenses 35,300,000 35,400,000
Accrued compensation 63,300,000 64,700,000
Accrued interest 1,100,000 1,700,000
Billings in excess of costs and earnings on uncompleted contracts 80,900,000 101,800,000
Current portion of operating lease liabilities 11,700,000 12,100,000
Other current liabilities 21,200,000 13,700,000
Total current liabilities 272,300,000 292,500,000
Long-term debt, net of current portion 179,500,000 219,300,000
Operating lease liabilities, net of current portion 34,100,000 37,800,000
Other long-term liabilities 99,000,000.0 84,400,000
Total liabilities 584,900,000 634,000,000.0
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest 0 22,500,000
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, $0.001 par value, 195,000,000 shares authorized; 150,729,318 and 129,286,964 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 200,000 0
Additional paid-in capital 1,998,600,000 1,654,500,000
Accumulated other comprehensive income 1,500,000 1,700,000
Accumulated deficit (671,000,000.0) (680,200,000)
Total stockholders’ equity 1,329,300,000 976,000,000.0
Total liabilities and stockholders’ equity $ 1,914,200,000 $ 1,632,500,000