RESTRUCTURING AND OTHER CHARGES

9 Months Ended

Sep. 30, 2025

Restructuring and Related Activities [Abstract]

In the fourth quarter of 2024, the Company approved a restructuring plan to streamline its operations and eliminate redundant positions. This plan, which relates primarily to severance benefits, was accounted for under ASC 712, Compensation - Nonretirement Postemployment Benefits. Action under this restructuring plan is expected to continue through 2025.

The following represents the Company’s restructuring accrual activities for the periods indicated:


	Severance and Other Employee Costs		Facility and Other Costs		Total
Balance as of December 31, 2024	$	23.1	$	0.6	$	23.7
Restructuring charges	10.5		2.2		12.7

Cash payments and other adjustments	(22.8)		(2.2)		(25.0)
Balance as of September 30, 2025	$	10.8	$	0.6	$	11.4


	Severance and Other Employee Costs		Facility and Other Costs		Total
Balance as of December 31, 2023	$	1.1	$	3.2	$	4.3
Restructuring charges	16.0		0.7		16.7
Reduction of prior restructuring accruals	(0.9)		(3.0)		(3.9)
Cash payments and other adjustments	(14.2)		(0.6)		(14.8)
Balance as of September 30, 2024	$	2.0	$	0.3	$	2.3

The restructuring liabilities are current as of September 30, 2025 and December 31, 2024 and are included in accrued expenses and other current liabilities in the condensed consolidated balance sheets.