Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss), net of tax, for the years ended December 31, 2024, 2023 and 2022 were as follows (in millions):

	Foreign currency translation adjustment		Valuation and amortization of derivative securities		Total
Balance, as of December 31, 2021	$	4.8	$	(15.6)	$	(10.8)
Foreign currency translation adjustment before tax	(3.1)		—		(3.1)
Amortization related to derivatives securities, before tax(1)	—		4.6		4.6
Tax impact	—		(1.3)		(1.3)
Other comprehensive income (loss)	(3.1)		3.3		0.2
Balance, as of December 31, 2022	$	1.7	$	(12.3)	$	(10.6)
Foreign currency translation adjustment before tax	1.4		—		1.4
Amortization related to derivatives securities, before tax	—		3.4		3.4
Tax impact	—		(0.9)		(0.9)
Other comprehensive income	1.4		2.5		3.9
Balance, as of December 31, 2023	$	3.1	(9.8)		$	(6.7)
Foreign currency translation adjustment before tax	(0.5)		—		(0.5)
Amortization related to derivatives securities, before tax	—		3.6		3.6
Tax impact	0.1		(0.9)		(0.8)
Other comprehensive income (loss)	(0.4)		2.7		2.3
Balance, as of December 31, 2024	$	2.7	$	(7.1)	$	(4.4)

(1)On January 18, 2022, the Company completed the full redemption of the $125 million aggregate principal amount outstanding of its 5.125% Senior Notes due August 1, 2031. As a result of this transaction, the Company recorded $1.3 million of amortization expense included in the Amortization related to derivative securities, before tax.