Leased Assets (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of Operating Lease Assets and Liabilities on Balance Sheet

The table below presents the locations of the operating lease assets and liabilities in the unaudited Condensed Consolidated Balance Sheets as of September 30, 2024 and December 31, 2023, respectively (in millions):

	Balance Sheet Line Item	September 30, 2024		December 31, 2023
Operating lease assets	Operating lease right-of-use assets	$	32.1	$	32.8
Financing lease assets	Other assets	$	0.1	$	0.1
Operating lease liabilities:
Current operating lease liabilities	Current operating lease liability	$	6.7	$	6.8
Non-current operating lease liabilities	Operating lease liability, non-current	28.5		28.1
Total operating lease liabilities:		$	35.2	$	34.9
Financing lease liabilities:
Current financing lease liabilities	Accrued expenses and other current liabilities	$	0.1	$	0.1
Non-current financing lease liabilities	Deferred income taxes and other long-term liabilities	—		0.1
Total financing lease liabilities:		$	0.1	$	0.2

Schedule of Lease, Cost

The Company’s weighted average remaining lease term and weighted average discount rate for operating leases as of September 30, 2024 and December 31, 2023, respectively, are:

	September 30, 2024		December 31, 2023
Operating leases
Weighted average remaining lease term (in years)	6.3		6.6
Weighted average discount rate	4.94	%	4.32	%

Schedule of Undiscounted Future Minimum Lease Payments

The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable operating leases with terms of more than one year to the total lease liabilities recognized in the unaudited Condensed Consolidated Balance Sheets as of September 30, 2024 (in millions):

Year ending December 31:
2024	$	2.1
2025	8.1
2026	7.2
2027	6.4
2028	5.1
2029 and thereafter	12.0
Total undiscounted future minimum lease payments	40.9
Less: Imputed interest	(5.7)
Total operating lease liabilities	$	35.2