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Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups including Discontinued Operations

Financial results of the Disposal Group for the quarter ended March 31, 2024 reported as Income from discontinued operations (net of tax) on the Condensed Consolidated Statements of Operations are as follows:

 

 

 

 

 

 

Three Months Ended March 31, 2024

 

Revenue

 

$

184.3

 

Costs and expenses

 

 

 

Cost of services and products, excluding items below

 

 

122.3

 

Selling, general and administrative, excluding items below

 

 

43.9

 

Depreciation and amortization

 

 

5.7

 

Restructuring and severance related charges

 

 

0.4

 

Transaction costs

 

 

4.1

 

Total operating costs and expenses

 

 

176.4

 

Operating income

 

 

7.9

 

Interest expense

 

 

0.4

 

Other income, net

 

 

(0.9

)

Income from discontinued operations before income taxes

 

 

8.4

 

Income tax expense

 

 

1.6

 

Net income from discontinued operations

 

$

6.8

 

 

The following is selected operating and investing cash flow activity from discontinued operations included in the Condensed Consolidated Statements of Cash Flows:

 

 

Three Months Ended
March 31,

 

 

 

2025

 

 

2024

 

Depreciation and amortization

 

$

 

 

$

5.7

 

Settlement adjustment on sale of discontinued operations

 

$

(14.5

)

 

$

 

Capital expenditures

 

$

 

 

$

(4.3

)