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Long-term Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

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

 

March 31,

 

 

December 31,

 

 

2025

 

 

2024

 

Line of credit

$

220.0

 

 

$

182.9

 

Senior secured second lien notes

 

500.0

 

 

 

500.0

 

Unamortized debt issuance costs

 

(4.2

)

 

 

(4.3

)

Debt discount

 

(17.9

)

 

 

(18.8

)

Finance leases

 

48.3

 

 

 

46.0

 

Total debt and finance leases

 

746.2

 

 

 

705.8

 

Less: current maturities

 

(11.2

)

 

 

(10.5

)

Long-term debt and finance leases, net

$

735.0

 

 

$

695.3

 

Schedule of Present Value of Cash Payments

 

March 31,

 

 

December 31,

 

Location on Balance Sheet

2025

 

 

2024

 

Other current liabilities

$

2.7

 

 

$

2.7

 

Other liabilities

 

3.7

 

 

 

4.9

 

Total

$

6.4

 

 

$

7.6