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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ 8.5 $ 31.7
Adjustments to reconcile net income (loss) to net cash used for operating activities:    
Depreciation 17.9 16.9
Amortization 61.3 35.3
Deferred income taxes (4.6) (7.5)
Amortization of debt discount and issuance costs 2.3 1.8
Loss on extinguishment of debt 0.0 0.4
Change in fair value of warrant liabilities (94.9) 13.6
Changes in operating working capital (116.1) (44.6)
Stock based compensation 6.6 5.6
Payment of contingent consideration (8.7) 0.0
Changes in tax receivable agreement 0.0 1.8
Other (4.5) 5.7
Net cash provided by (used for) operating activities (132.2) 60.7
Cash flows from investing activities:    
Capital expenditures (15.1) (16.8)
Investments in capitalized software (3.1) (1.1)
Net cash used for investing activities (18.2) (17.9)
Cash flows from financing activities:    
Borrowings from ABL revolving credit facility and short-term borrowings 75.8 0.0
Repayments of ABL revolving credit facility and short-term borrowings (60.0) 0.0
Proceeds from the exercise of warrants 0.0 107.5
Payment of contingent consideration (12.8) 0.0
Exercise of employee stock options 1.0 0.9
Net cash provided by (used for) financing activities (1.5) 102.9
Effect of exchange rate changes on cash and cash equivalents 1.3 (3.1)
Increase (decrease) in cash, cash equivalents and restricted cash (150.6) 142.6
Beginning cash, cash equivalents and restricted cash 447.1 542.6
Ending cash, cash equivalents and restricted cash 296.5 685.2
Changes in operating working capital    
Accounts receivable (4.8) 47.1
Inventories (160.4) (68.4)
Other current assets (14.5) (5.3)
Accounts payable 33.0 20.7
Accrued expenses and other liabilities 30.5 (41.5)
Income taxes 0.1 2.8
Changes in operating working capital (116.1) (44.6)
Term Loan due 2027 at 2.99% and 2.84% at March 31, 2022 and December 31, 2021, respectively.    
Cash flows from financing activities:    
Repayment of long-term debt $ (5.5) $ (5.5)