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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 48.5 $ 63.0
Accounts receivable, net 43.6 47.7
Inventories 33.7 30.6
Income tax receivable 4.1 1.9
Prepaid expenses and other current assets 13.8 10.6
Total current assets 143.7 153.8
Property, plant and equipment, net 135.3 138.7
Operating lease right-of-use assets, net 22.7 24.0
Goodwill 454.4 457.2
Intangible assets, net 283.0 291.8
Deferred tax assets 0.4 0.4
Other assets 67.6 59.0
Total assets 1,107.1 1,124.9
Current liabilities    
Accounts payable 35.1 36.7
Accrued liabilities and other 24.8 23.9
Current portion of long-term debt 6.6 5.5
Operating lease liabilities, current 3.6 3.9
Deferred revenue 13.1 14.0
Total current liabilities 83.2 84.0
Long-term debt 396.5 396.4
Deferred tax liabilities 49.5 50.7
Derivative instruments 29.0 33.4
Operating lease liabilities, non-current 23.0 24.2
Other liabilities 1.4 1.3
Total liabilities 582.6 590.0
Commitments and contingencies – Note 13
Shareholders’ equity    
Class A common stock, $0.0001 par, 200,000,000 shares authorized at March 31, 2026 and December 31, 2025; shares issued and outstanding: 85,529,338 and 84,385,870 at March 31, 2026 and December 31, 2025, respectively 0.0 0.0
Additional paid-in capital 724.4 722.3
Accumulated deficit (193.8) (183.6)
Accumulated other comprehensive loss (6.1) (3.8)
Total shareholders’ equity 524.5 534.9
Total liabilities and shareholders’ equity $ 1,107.1 $ 1,124.9