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Investments (Tables)
6 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments
The Company’s investments subject to fair value measurement consist of the following:
Cost BasisUnrealized
Gain
Fair Value
As of June 30, 2024 (Successor)
Short-term investments
Certificates of deposit$8.7 $— $8.7 
Long-term investments
Assets held in a rabbi trust$2.2 $0.9 $3.1 
As of December 31, 2023 (Successor)
Short-term investments
Certificates of deposit$13.4 $— $13.4 
Long-term investments
Assets held in a rabbi trust$2.3 $0.6 $2.9