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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, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net product revenue $ 77.8 $ 72.8 $ 155.4 $ 145.3
Machine lease revenue 14.5 13.6 28.1 26.4
Net revenue 92.3 86.4 183.5 171.7
Cost of product sales 56.0 48.5 110.8 94.2
Cost of leased machines 7.4 6.2 12.9 13.5
Gross profit 28.9 31.7 59.8 64.0
Selling, general and administrative expenses 28.8 27.3 57.7 55.2
Depreciation and amortization expense 8.8 8.3 17.8 16.7
Other operating expense, net 1.0 1.3 2.0 2.1
Loss from operations (9.7) (5.2) (17.7) (10.0)
Interest expense 8.3 5.3 17.0 11.5
Foreign currency (gain) loss (2.6) 0.1 (5.2) (1.3)
Other non-operating income, net (5.9) (17.9) (5.9) (17.9)
(Loss) income before income tax (benefit) expense (9.5) 7.3 (23.6) (2.3)
Income tax (benefit) expense (2.0) 1.8 (5.2) 0.3
Net (loss) income $ (7.5) $ 5.5 $ (18.4) $ (2.6)
Basic (loss) income per share (in usd per share) $ (0.09) $ 0.07 $ (0.22) $ (0.03)
Diluted (loss) income per share (in usd per share) $ (0.09) $ 0.07 $ (0.22) $ (0.03)
Weighted average number of shares outstanding – basic (in shares) 84,274,167 83,071,520 83,987,624 82,876,914
Weighted average number of shares outstanding – diluted (in shares) 84,274,167 83,123,636 83,987,624 82,876,914
Other comprehensive income (loss), before tax        
Foreign currency translation adjustments $ (4.6) $ (0.1) $ (7.2) $ (2.2)
Interest rate swap adjustments 0.0 (0.8) 0.0 (3.4)
Cross currency swap adjustments (0.6) 0.0 (1.2) 0.0
Total other comprehensive loss, before tax (5.2) (0.9) (8.4) (5.6)
Benefit for income taxes related to other comprehensive loss (4.6) (0.1) (7.0) 0.0
Total other comprehensive loss, net of tax (0.6) (0.8) (1.4) (5.6)
Comprehensive (loss) income, net of tax $ (8.1) $ 4.7 $ (19.8) $ (8.2)