Restructuring (Tables)

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Type of Cost

The Company’s restructuring expenses are comprised of the following (in millions):

Successor
	Year Ended December 31, 2023
	Cost of revenue		Selling, general  and administrative		Total
Severance and employee costs	$	0.1	$	1.1	$	1.2
Other(1)	—		0.4		0.4
Total	$	0.1	$	1.5	$	1.6

	Year Ended December 31, 2022
(in millions)	Cost of revenue		Selling, general  and administrative		Total
Severance and employee costs	$	0.3	$	1.5	$	1.8
Other(1)	0.5		3.7		4.2
Total	$	0.8	$	5.2	$	6.0

	From October 20, 2021 through December, 31, 2021
(in millions)	Cost of revenues		Selling, general  and administrative		Total
Severance and employee costs	$	0.1	$	0.1	$	0.2
Other(1)	—		1.2		1.2
Total	$	0.1	$	1.3	$	1.4
Predecessor
	From July 1, 2021 through October 19, 2021
(in millions)	Cost of revenues		Selling, general  and administrative		Total
Severance and employee costs	$	—	$	1.1	$	1.1
Other(1)	0.1		0.3		0.4
Total	$	0.1	$	1.4	$	1.5
	For the year ended June 30, 2021
(in millions)	Cost of revenues		Selling, general  and administrative		Total
Severance and employee costs	$	2.4	$	1.6	$	4.0
Other(1)	0.7		0.8		1.5
Total	$	3.1	$	2.4	$	5.5

(1) Includes facilities, inventory write-downs, outside services, legal matters, and IT costs.

Schedule of Restructuring and Related Costs

The following table summarizes restructuring expenses for each reportable segment (in millions):

	Successor						Predecessor
	Fiscal Year Ended December 31, 2023		Fiscal Year Ended December 31, 2022		From October 20, 2021 through December 31, 2021		From July 1, 2021 through October 19, 2021		Fiscal Year Ended June 30, 2021
Restructuring expenses:
Medical	$	0.3	$	3.4	$	0.8	$	1.4	$	2.1
Technologies	0.2		1.8		0.6		0.1		2.7
Corporate and other	1.1		0.8		—		—		0.7
Total	$	1.6	$	6.0	$	1.4	$	1.5	$	5.5

The following table summarizes the changes in the Company’s accrued restructuring balance, which are included in Accrued expenses and other current liabilities in the accompanying Condensed Consolidated Balance Sheets (in millions).

Balance at December 31, 2022	$	1.5
Restructuring charges	1.6
Payments	(3.0)
Adjustments	(0.1)
Balance at December 31, 2023	$	—