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

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

 

 

December 31,

 

 

 

2023

 

 

2022

 

Term Loan A Facility

 

$

125.0

 

 

$

125.0

 

Borrowings under the Revolving Facility

 

 

 

 

 

45.0

 

Unamortized debt issuance costs

 

 

(0.5

)

 

 

(0.8

)

Total long-term debt

 

$

124.5

 

 

$

169.2

 

Summary of Interest Expense

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

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Interest incurred

 

$

17.9

 

 

$

10.0

 

 

$

19.8

 

Interest income

 

 

(2.1

)

 

 

(0.8

)

 

 

(0.6

)

Loss on debt extinguishment

 

 

 

 

 

 

 

 

7.4

 

Interest expense, net

 

$

15.8

 

 

$

9.2

 

 

$

26.6