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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments The table below presents the fair value of the Company’s derivatives on a gross basis and the balance sheet classification of those instruments:
December 31, 2025December 31, 2024
Balance Sheet ClassificationAssetLiabilityAssetLiability
Derivatives designated as hedging instruments:
Interest rate swapsAccrued expenses and other$— $(1.2)$0.1 $(0.2)
Other liabilities— — — (0.4)
Derivatives not designated as hedging instruments:
Foreign currency forward contractsPrepaid expenses and other$0.3 $— $— $— 
Other current liabilities— (0.6)— (1.2)
The following table presents the pre-tax effects of cash flow hedges included in the Company’s consolidated and combined statements of comprehensive income (loss):
Pre-Tax Gain (Loss) Included in Other Comprehensive Income
Years Ended December 31,
202520242023
Interest rate swaps$(0.6)$2.9 $(1.5)
The following table presents amounts reclassified out of accumulated other comprehensive loss and recognized in the consolidated and combined statements of operations:
Amounts Reclassified from Other Comprehensive Loss into Earnings
Years Ended December 31,
Statement of Operations Classification202520242023
Interest rate swapsInterest expense$(0.1)$(1.5)$(0.4)
The following table presents a summary of the loss for derivative contracts not designated as hedges included in the Company’s consolidated and combined statements of operations:
Gain (Loss) on Derivatives Recognized in Earnings
Years Ended December 31,
Statement of Operations Classification202520242023
Foreign currency Forward contractsForeign exchange gain (loss)$0.9 $(2.0)$(0.8)