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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net revenue $ 86.8 $ 90.0 $ 169.3 $ 177.7
Cost of goods sold 58.5 54.3 116.4 105.7
Gross profit 28.3 35.7 52.9 72.0
Selling, general and administrative expenses 30.3 24.6 60.0 43.7
Depreciation and amortization expense 8.0 8.7 16.2 17.4
Other operating expense, net 1.4 1.3 1.9 2.1
Income (loss) from operations 11.4 1.1 25.2 8.8
Interest expense 4.9 6.0 9.9 11.6
Foreign currency (gain) loss (2.3) 1.2 (2.9) (2.4)
Income (loss) before income tax benefit (14.0) (6.1) (32.2) (0.4)
Income tax benefit 2.7 (0.9) (6.8) (1.5)
Net income (loss) $ (11.3) $ (5.2) $ (25.4) $ 1.1
Earnings Per Share [Abstract]        
Basic $ (0.14) $ (0.07) $ (0.31) $ 0.01
Diluted $ (0.14) $ (0.07) $ (0.31) $ 0.01
Weighted average number of shares outstanding - Class A and C        
Basic 81,943,235 77,653,610 81,759,372 75,617,785
Diluted 81,943,235 77,653,610 81,759,372 77,028,319
Other comprehensive income (loss), before tax        
Foreign currency translation adjustments $ (11.7) $ 2.2 $ (14.5) $ (6.2)
Interest rate swap adjustments 2.7 0.6 10.8 3.2
Cross currency swap adjustments 4.2 0.0 4.3 0.0
Total other comprehensive income (loss), before tax (4.8) 2.8 0.6 (3.0)
Provision for income taxes related to other comprehensive income (loss) 1.7 0.2 3.7 0.8
Total other comprehensive income (loss), net of tax (6.5) 2.6 (3.1) (3.8)
Comprehensive loss, net of tax 17.8 (2.6) 28.5 (2.7)
Class A        
Net income (loss) $ (10.9) $ (5.0) $ (24.5) $ 1.0
Earnings Per Share [Abstract]        
Basic $ (0.14) $ (0.07) $ (0.31) $ 0.01
Diluted $ (0.14) $ (0.07) $ (0.31) $ 0.01
Weighted average number of shares outstanding - Class A and C        
Basic 79,022,136 74,673,332 78,838,273 70,968,631
Diluted 79,022,136 74,673,332 78,838,273 72,292,288
Class C        
Net income (loss) $ (0.4) $ (0.2) $ (0.9) $ 0.1
Earnings Per Share [Abstract]        
Basic $ (0.14) $ (0.07) $ (0.31) $ 0.02
Diluted $ (0.14) $ (0.07) $ (0.31) $ 0.02
Weighted average number of shares outstanding - Class A and C        
Basic 2,921,099 2,980,278 2,921,099 4,649,154
Diluted 2,921,099 2,980,278 2,921,099 4,736,031
Paper revenue        
Revenue $ 70.2 $ 73.5 $ 136.4 $ 148.3
Machine lease revenue        
Revenue 12.5 12.4 24.7 23.2
Other revenue        
Revenue $ 4.1 $ 4.1 $ 8.2 $ 6.2