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Quarterly Financial Information (unaudited and as restated)
 12 Months Ended
Dec. 31, 2020
Quarterly Financial Data [Abstract]  
Quarterly Financial Information (unaudited and as restated) QUARTERLY FINANCIAL INFORMATION (unaudited and as restated)
Select quarterly financial information is presented in the tables below for the quarterly periods (in millions, except per share amounts):
2020 (as restated)First QuarterSecond QuarterThird QuarterFourth Quarter
Net sales
Net sales - products$647.2 $750.2 $891.1 $1,020.1 
Net sales - services250.1 255.5 270.9 285.4 
Net sales897.3 1,005.7 1,162.0 1,305.5 
Costs and expenses
Cost of sales - products463.2 515.3 596.7 715.1 
Cost of sales - services147.1 144.0 152.3 163.2 
Cost of sales610.3 659.3 749.0 878.3 
Selling, general and administrative expenses264.8 226.3 251.7 265.5 
Loss on extinguishment of debt174.0 — — — 
Change in fair value of warrant liabilities(60.6)82.2 87.7 34.4 
Other deductions, net34.4 49.5 126.2 41.6 
Interest expense, net68.9 30.1 26.4 25.0 
Earnings (loss) before income taxes(194.5)(41.7)(79.0)60.7 
Income tax expense13.8 14.3 24.5 20.2 
Net earnings (loss)$(208.3)$(56.0)$(103.5)$40.5 
Earnings (loss) per share:
Basic$(0.87)$(0.17)$(0.32)$0.12 
Diluted$(0.87)$(0.17)$(0.32)$0.12 
Weighted-average shares outstanding
Basic240,656,864 328,411,705 328,411,705 330,335,268 
Diluted240,656,864 328,411,705 328,411,705 333,294,298 
2019First QuarterSecond QuarterThird QuarterFourth Quarter
Net sales
Net sales - products$813.3 $865.3 $799.4 $878.1 
Net sales - services241.5 268.8 271.3 293.4 
Net sales1,054.8 1,134.1 1,070.7 1,171.5 
Costs and expenses
Cost of sales - products566.2 613.6 561.4 607.9 
Cost of sales - services141.4 153.3 158.0 176.4 
Cost of sales707.6 766.9 719.4 784.3 
Selling, general and administrative expenses286.4 263.3 259.3 291.8 
Loss on extinguishment of debt— — — — 
Other deductions, net38.8 28.1 31.6 47.5 
Interest expense, net77.8 78.7 77.7 76.2 
Earnings (loss) before income taxes(55.8)(2.9)(17.3)(28.3)
Income tax expense (benefit)18.5 16.0 (3.6)5.6 
Net earnings (loss)$(74.3)$(18.9)$(13.7)$(33.9)
Earnings (loss) per share:
Basic and diluted$(0.63)$(0.16)$(0.12)$(0.29)
Weighted-average shares outstanding
Basic and diluted118,261,955 118,261,955 118,261,955 118,261,955 

Restatement of Previously Issued Unaudited Condensed Consolidated Financial Statements

In lieu of filing amended quarterly reports on Form 10-Q, the following tables represent our restated unaudited condensed consolidated financial statements for each of the quarters during the years ended December 31, 2020. See Note 1, Restatement of Previously Issued Consolidated Financial Statements, for additional information.

Following the restated consolidated financial statement tables, we have presented a reconciliation from our prior periods, as previously reported, to the restated amounts. The amounts as previously reported were derived from our Quarterly Reports on Form 10-Q for the interim periods of 2020 and from the Annual Report on Form 10-K for the fiscal year ended December 31, 2020 filed on March 1, 2021.

The following represents the reconciliation of our unaudited interim Consolidated Statements of Earnings (Loss) and our Consolidated Statements of Comprehensive Income for the three-months ended March 31, June 30, September 30, and December 31, 2020.

Three Months EndedThree Months EndedThree Months EndedThree Months Ended
March 31 2020June 30 2020September 30 2020December 31 2020
As ReportedRestatement ImpactsAs RestatedAs ReportedRestatement ImpactsAs RestatedAs ReportedRestatement ImpactsAs RestatedAs ReportedRestatement ImpactsAs Restated
Consolidated Statements of Earnings (Loss) and Comprehensive Income (Loss)
Change in fair value of warrant liabilities$— $(60.6)$(60.6)$— $82.2 $82.2 $— $87.7 $87.7 $— $34.4 $34.4 
Income (loss) from Continuing Operations before income taxes$(255.1)$60.6 $(194.5)$40.5 $(82.2)$(41.7)$8.7 $(87.7)$(79.0)$95.1 $(34.4)$60.7 
Income (loss) from Continuing Operations$(268.9)$60.6 $(208.3)$26.2 $(82.2)$(56.0)$(15.8)$(87.7)$(103.5)$74.9 $(34.4)$40.5 
Net income (loss)$(268.9)$60.6 $(208.3)$26.2 $(82.2)$(56.0)$(15.8)$(87.7)$(103.5)$74.9 $(34.4)$40.5 
Comprehensive income (loss)$(321.5)$60.6 $(260.9)$16.9 $(82.2)$(65.3)$16.9 $(87.7)$(70.8)$137.5 $(34.4)$103.1 
Earnings (loss) per share
Basic$(1.12)$0.25 $(0.87)$0.08 $(0.25)$(0.17)$(0.05)$(0.27)$(0.32)$0.23 $(0.11)$0.12 
Diluted$(1.12)$0.25 $(0.87)$0.08 $(0.25)$(0.17)$(0.05)$(0.27)$(0.32)$0.22 $(0.10)$0.12 
The following represents the reconciliation of our unaudited interim Consolidated Statement of Earnings (loss) and our Consolidated Statements of Comprehensive Income for the six-months ended June 30, 2020 and nine-months ended September 30, 2020.

Six Months EndedNine Months Ended
June 30 2020September 30 2020
As ReportedRestatement ImpactsAs RestatedAs ReportedRestatement ImpactsAs Restated
Consolidated Statements of Earnings (Loss) and Comprehensive Income (Loss)
Change in fair value of warrant liabilities$— $21.6 $21.6 $— $109.3 $109.3 
Income (loss) from Continuing Operations before income taxes$(214.6)$(21.6)$(236.2)$(205.9)$(109.3)$(315.2)
Income (loss) from Continuing Operations$(242.7)$(21.6)$(264.3)$(258.5)$(109.3)$(367.8)
Net income (loss)$(242.7)$(21.6)$(264.3)$(258.5)$(109.3)$(367.8)
Comprehensive income (loss)$(304.6)$(21.6)$(326.2)$(287.7)$(109.3)$(397.0)
Earnings (loss) per share
Basic$(0.85)$(0.08)$(0.93)$(0.86)$(0.36)$(1.22)
Diluted$(0.85)$(0.08)$(0.93)$(0.86)$(0.36)$(1.22)
The following represents the reconciliation of our unaudited interim Consolidated Balance Sheets as of three month ended March 31, June 30, and September 30.

March 31 2020June 30 2020September 30 2020
As ReportedRestatement ImpactsAs RestatedAs ReportedRestatement ImpactsAs RestatedAs ReportedRestatement ImpactsAs Restated
Consolidated Balance Sheets
Warrant liabilities$— $55.7 $55.7 $— $137.9 $137.9 $— $225.6 $225.6 
Total liabilities$4,298.0 $55.7 $4,353.7 $4,379.0 $137.9 $4,516.9 $4,400.0 $225.6 $4,625.6 
Additional paid-in capital$1,635.9 $(116.3)$1,519.6 $1,638.0 $(116.3)$1,521.7 $1,641.9 $(116.3)$1,525.6 
Accumulated deficit$(1,269.5)$60.6 $(1,208.9)$(1,243.3)$(21.6)$(1,264.9)$(1,259.1)$(109.3)$(1,368.4)
Total equity (deficit)$331.9 $(55.7)$276.2 $350.9 $(137.9)$213.0 $371.7 $(225.6)$146.1