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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 231.1 $ 293.8 $ 594.2 $ 848.9
Operating expenses:        
Cost of product and services sales, net [1] 85.9 122.6 241.3 563.3
Research and development 13.5 13.8 41.1 61.6
Selling, general and administrative 38.9 76.6 135.0 247.2
Amortization of intangible assets 16.3 16.3 48.8 48.8
Impairment of long-lived assets 0.0 0.0 0.0 27.2
Total operating expenses 154.6 229.3 466.2 948.1
Income (loss) from operations 76.5 64.5 128.0 (99.2)
Other income (expense):        
Interest expense (15.2) (8.3) (44.6) (56.2)
Gain (loss) on sale of business and assets held for sale 0.0 64.3 (12.2) 24.3
Other, net (3.7) 21.9 62.3 15.8
Total other income (expense), net (18.9) 77.9 5.5 (16.1)
Income (loss) before income taxes 57.6 142.4 133.5 (115.3)
Income tax provision 6.4 27.6 26.3 44.0
Net income (loss) $ 51.2 $ 114.8 $ 107.2 $ (159.3)
Earnings (loss) per common share        
Basic (in dollars per share) $ 0.96 $ 2.16 $ 1.99 $ (3.03)
Diluted (in dollars per share) $ 0.91 $ 2.06 $ 1.89 $ (3.03)
Weighted average shares outstanding        
Basic (in shares) 53.2 53.1 53.9 52.6
Diluted (in shares) 56.5 55.6 56.7 52.6
Product and services sales, net        
Revenues:        
Total revenues $ 222.0 $ 283.8 $ 561.4 $ 824.3
Contracts and grants        
Revenues:        
Total revenues $ 9.1 $ 10.0 $ 32.8 $ 24.6
[1]
(1) Exclusive of intangible asset amortization