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Financing Arrangements (Tables)
6 Months Ended
Jun. 30, 2022
Debt Instrument [Line Items]  
Summary of Current and Non-current Debt

The following table summarizes the current and non-current debt as of June 30, 2022 and December 31, 2021:

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Credit Agreement

 

$

 

 

$

 

Convertible Senior Notes due 2025

 

 

20.4

 

 

 

44.9

 

Total debt

 

$

20.4

 

 

$

44.9

 

     Less current portion of debt

 

 

20.4

 

 

 

44.9

 

Total non-current portion of debt

 

$

 

 

$

 

Schedule of Interest Expense

The following table provides the components of interest expense, net for the three and six months ended June 30, 2022 and 2021:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Interest expense

 

$

0.9

 

 

$

1.7

 

 

$

2.1

 

 

$

3.5

 

Interest income

 

 

(0.3

)

 

 

 

 

 

(0.3

)

 

 

 

Interest expense, net

 

$

0.6

 

 

$

1.7

 

 

$

1.8

 

 

$

3.5

 

Convertible Senior Notes due 2025  
Debt Instrument [Line Items]  
Schedule of Components of Convertible Notes

The components of the Convertible Senior Notes due 2025 as of June 30, 2022 and December 31, 2021 were as follows:

 

 

June 30,
2022

 

 

December 31,
2021

 

Principal

 

$

20.8

 

 

$

46.0

 

Less: Debt issuance costs, net of amortization

 

 

(0.4

)

 

 

(1.1

)

Convertible Senior Notes due 2025, net

 

$

20.4

 

 

$

44.9

 

Convertible Notes  
Debt Instrument [Line Items]  
Schedule of Interest Expense

The following table sets forth interest expense recognized specifically related to the Convertible Notes:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Contractual interest expense

 

$

0.5

 

 

$

1.1

 

 

$

1.1

 

 

$

2.3

 

Amortization of debt issuance costs

 

 

 

 

 

0.1

 

 

 

0.1

 

 

 

0.2

 

Total

 

$

0.5

 

 

$

1.2

 

 

$

1.2

 

 

$

2.5