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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 50.0 $ 97.6
Adjustments to reconcile net income (loss) to net cash used for operating activities:    
Depreciation 53.3 51.6
Amortization 178.6 105.5
Deferred income taxes (22.0) (22.3)
Amortization of debt discount and issuance costs 7.4 4.6
Loss on extinguishment of debt 0.0 0.4
Change in fair value of warrant liabilities (124.0) 52.3
Asset impairments 0.0 8.7
Changes in operating working capital (448.0) (160.0)
Stock-based compensation 20.1 17.5
Payment of contingent consideration (8.7) 0.0
Changes in tax receivable agreement 0.0 3.3
Other (40.2) 15.2
Net cash provided by (used for) operating activities (333.5) 174.4
Cash flows from investing activities:    
Capital expenditures (61.7) (43.3)
Investments in capitalized software (8.0) (9.5)
Acquisition of business, net of cash acquired (5.0) 0.0
Proceeds from disposition of property, plant and equipment 0.0 6.1
Net cash used for investing activities (74.7) (46.7)
Cash flows from financing activities:    
Borrowings from ABL revolving credit facility and short-term borrowings 578.4 0.0
Repayments of ABL revolving credit facility and short-term borrowings (281.5) 0.0
Repayment of long-term debt (10.9) (16.4)
Debt issuance costs (0.5) 0.0
Proceeds from the exercise of warrants 0.0 107.5
Payment of tax receivable agreement (25.0) 0.0
Payment of contingent consideration (12.8) 0.0
Exercise of employee stock options 1.3 2.6
Employee taxes paid from shares withheld (4.3) (7.2)
Net cash provided by (used for) financing activities 244.7 86.5
Effect of exchange rate changes on cash and cash equivalents (14.9) (5.2)
Increase (decrease) in cash, cash equivalents and restricted cash (178.4) 209.0
Beginning cash, cash equivalents and restricted cash 447.1 542.6
Ending cash, cash equivalents and restricted cash 268.7 751.6
Changes in operating working capital    
Accounts receivable (257.0) (67.8)
Inventories (202.3) (147.7)
Other current assets (4.2) 2.4
Accounts payable 42.2 63.1
Accrued expenses and other liabilities (15.7) 5.7
Income taxes (11.0) (15.7)
Total changes in operating working capital $ (448.0) $ (160.0)