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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net revenue $ 82.5 $ 87.7
Cost of goods sold 57.9 51.4
Gross profit 24.6 36.3
Selling, general and administrative expenses 29.7 19.1
Depreciation and amortization expense 8.2 8.7
Other operating expense, net 0.5 0.8
Income (loss) from operations (13.8) 7.7
Interest expense 5.0 5.6
Foreign currency gain (0.6) (3.6)
Income (loss) before income tax benefit (18.2) 5.7
Income tax benefit (4.1) (0.6)
Net income (loss) $ (14.1) $ 6.3
Earnings (loss) per share    
Basic $ (0.17) $ 0.09
Diluted $ (0.17) $ 0.08
Weighted average number of shares outstanding - Class A and C    
Basic 81,573,467 73,559,340
Diluted 81,573,467 76,248,514
Other comprehensive income (loss), before tax    
Foreign currency translation, adjustment $ (2.8) $ (8.4)
Interest rate swap adjustments 8.1 2.6
Cross currency swap adjustments 0.1 0.0
Total other comprehensive income (loss), before tax 5.4 (5.8)
Provision for income taxes related to other comprehensive income (loss) 2.0 0.6
Total other comprehensive income (loss), net of tax 3.4 (6.4)
Comprehensive loss, net of tax (10.7) (0.1)
Class A    
Net income (loss) $ (13.6) $ 5.8
Earnings (loss) per share    
Basic $ (0.17) $ 0.09
Diluted $ (0.17) $ 0.08
Weighted average number of shares outstanding - Class A and C    
Basic 78,652,368 67,222,766
Diluted 78,652,368 69,737,221
Class C    
Net income (loss) $ (0.5) $ 0.5
Earnings (loss) per share    
Basic $ (0.17) $ 0.08
Diluted $ (0.17) $ 0.08
Weighted average number of shares outstanding - Class A and C    
Basic 2,921,099 6,336,574
Diluted 2,921,099 6,511,293
Paper revenue    
Revenue $ 66.2 $ 74.8
Other revenue    
Revenue 4.1 2.1
Machine lease    
Revenue $ 12.2 $ 10.8