Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Operating Lease Cost

Additional information related to the Company’s operating leases is reflected in the tables below:

	Years Ended December 31,
(in millions)	2023		2022		2021
Operating lease expense	$	3.6	$	2.8	$	2.3
Short-term lease expense	2.5		2.9		1.5
Cash paid for operating leases included in operating cash flows	3.6		2.5		2.5

Assets and Liabilities

	December 31,
(in millions)	2023			2022
Operating lease right-of-use asset	$	8.5		$	10.8
Operating lease short-term liability	2.3			2.7
Operating lease long-term liability	6.5			8.3
Weighted average remaining lease term (in years)	4.45			5.07
Weighted average discount rate used in calculating right-of-use asset	4.75		%	4.61		%

Future Minimum Lease Payments

Future annual minimum lease payments as of December 31, 2023 are as follows (in millions):

2024	$	2.6
2025	2.1
2026	2.0
2027	1.7
2028	0.4
2029 and thereafter	0.8
Total lease payments	$	9.6
Less: Interest	(0.8)
Operating lease liabilities	$	8.8