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Long-term Debt (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

The Company’s long-term debt consists of the following:

 

March 31,

 

 

December 31,

 

 

2024

 

 

2023

 

Line of credit

$

330.0

 

 

$

317.5

 

Senior secured second lien notes

 

315.0

 

 

 

315.0

 

Unamortized debt issuance costs

 

(1.9

)

 

 

(2.2

)

Debt discount

 

(1.9

)

 

 

(2.1

)

Finance leases

 

41.7

 

 

 

38.8

 

Total debt and finance leases

 

682.9

 

 

 

667.0

 

Less: current maturities

 

(8.5

)

 

 

(7.7

)

Long-term debt and finance leases, net

$

674.4

 

 

$

659.3

 

Schedule of Present Value of Minimum Cash Payments

 

March 31,

 

 

December 31,

 

Location on Balance Sheet

2024

 

 

2023

 

Other current liabilities

$

6.7

 

 

$

7.4

 

Other liabilities

 

5.3

 

 

 

6.5

 

Total

$

12.0

 

 

$

13.9