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Debt (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Company's Debt

The Company’s debt as of March 31, 2023 and December 31, 2022 consisted of the following:

 

 

March 31, 2023

 

 

December 31, 2022

 

Term Loan A Facility

 

$

125.0

 

 

$

125.0

 

Borrowings under the Revolving Facility

 

 

110.5

 

 

 

45.0

 

Unamortized debt issuance costs

 

 

(0.7

)

 

 

(0.8

)

Total long-term debt

 

$

234.8

 

 

$

169.2

 

Summary of Interest Expense

The following table summarizes interest expense, net included on the Unaudited Condensed Consolidated Statements of Operations:

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Interest incurred

 

$

4.0

 

 

$

1.6

 

Less: Interest income

 

 

(0.5

)

 

 

(0.1

)

Interest expense, net

 

$

3.5

 

 

$

1.5