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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 245.5 $ 99.5
Restricted cash 3.7 6.1
Accounts receivable, net 149.5 154.5
Inventories, net 356.3 311.7
Prepaid expenses and other current assets 25.6 26.9
Assets held for sale 6.3 0.0
Total current assets 786.9 598.7
Property, plant and equipment, net 209.8 270.6
Intangible assets, net 452.7 501.5
Other assets 11.6 18.9
Total assets 1,461.0 1,389.7
Current liabilities:    
Accounts payable 57.4 60.9
Accrued expenses 13.9 17.7
Accrued compensation 36.6 56.1
Other current liabilities 24.1 27.7
Liabilities held for sale 4.5 0.0
Total current liabilities 136.5 162.4
Debt 663.1 663.7
Deferred tax liability 36.3 41.7
Other liabilities 42.6 39.1
Total liabilities 878.5 906.9
Stockholders' equity:    
Preferred stock, $0.001 par value per share; 15.0 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock, $0.001 par value per share; 200.0 shares authorized, 60.6 and 59.9 shares issued; 52.7 and 54.3 shares outstanding, respectively 0.1 0.1
Treasury stock, at cost, 7.9 and 5.6 common shares, respectively (243.5) (227.7)
Additional paid-in capital 938.6 928.0
Accumulated other comprehensive loss, net (7.5) (5.2)
Accumulated deficit (105.2) (212.4)
Total stockholders’ equity 582.5 482.8
Total liabilities and stockholders’ equity $ 1,461.0 $ 1,389.7