Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Our credit facilities and long-term debt obligations are summarized as follows (in millions, except interest rates):

			March 31,		December 31,
	Maturity Date	Interest Rate	2025		2024
Short-Term Credit Facilities
2023 ABL Credit Facility	March 16, 2028	5.59%	$	—	$	—
2025 Japan ABL Credit Facility	January 21, 2028	1.41%	46.7		—
2022 Japan ABL Credit Facility	January 25, 2025	1.21%	—		25.4
Total Principal Amount			$	46.7	$	25.4
Unamortized Debt Issuance Costs			$	3.5	$	3.4
	Balance Sheet Location
ABL Credit Facilities	Asset-based credit facilities		$	46.7	$	25.4
Unamortized Debt Issuance Costs - Current	Prepaid expenses		$	1.2	$	1.1
Unamortized Debt Issuance Costs - Non-current	Other long-term assets		$	2.3	$	2.3
			March 31,		December 31,
	Maturity Date	Interest Rate	2025		2024
Long-Term Debt and Credit Facilities
2023 Term Loan B	March 16, 2030	7.32%	$	1,175.0	$	1,178.1
Convertible Notes	May 1, 2026	2.75%	258.3		258.3
Equipment Notes	July 24, 2025 - December 21, 2027	2.36% - 5.93%	10.2		11.7
Mortgage Loans	July 1, 2033 - July 29, 2036	9.75% - 11.31%	44.2		44.3
Financed Tenant Improvements	February 1, 2035	8.00% - 10.00%	3.8		3.1
Total Principal Amount			$	1,491.5	$	1,495.5
Less: Unamortized Debt Issuance Costs			21.1		22.3
Total Debt, net of Unamortized Debt Issuance Costs			$	1,470.4	$	1,473.2
	Balance Sheet Location
Long-Term Debt - Current	Other current liabilities		$	15.0	$	15.3
Long-Term Debt - Non-current	Long-term debt		1,455.4		1,457.9
Total Debt, net of Unamortized Debt Issuance Costs			$	1,470.4	$	1,473.2

Schedule of Interest Expense, Debt

Total interest and amortization expense related to our credit facilities and long-term debt obligations, which is included in “Interest expense, net” in our condensed consolidated statement of operations, is summarized as follows (in millions):

	Three Months Ended March 31,
	2025		2024
Short-Term Credit Facilities
2025 Japan ABL Credit Facility	$	0.1	$	—
2023 ABL Credit Facility	0.3		0.6
2022 Japan ABL Credit Facility	—		0.1
Total	$	0.4	$	0.7
Long-Term Debt and Credit Facilities
2023 Term Loan B	$	22.4	$	28.5
Convertible Notes	1.8		1.8
Equipment Notes	0.1		0.2
Financed Tenant Improvements	0.1		0.1
Mortgage Loans	1.1		1.2
Total	$	25.5	$	31.8

Schedule of Borrowings, Availability, Interest Rate and Liquidity for Short-term Credit Facilities

Our average availability and weighted-average interest rate under our 2023 ABL Credit Facility and 2025 Japan ABL Credit Facility, as well as our consolidated available liquidity were as follows for the periods presented (in millions except interest rates):

(in millions, except interest rates)	March 31, 2025
2023 ABL Credit Facility
Average availability	$	412.0
Weighted-average interest rate	5.19		%
2025 Japan ABL Credit Facility
Average availability	$	13.0
Weighted-average interest rate	1.12		%
Consolidated Available Liquidity	$	805.0

Schedule of Aggregate Amount of Maturities for Debt

The following table presents our combined aggregate amount of maturities for our long-term debt over the next five years and thereafter as of March 31, 2025.

	(in millions)
Remainder of 2025	$	13.9
2026	276.4
2027	15.6
2028	13.8
2029	13.9
Thereafter	1,157.9
Total aggregate amount of maturities	$	1,491.5
Less: Unamortized debt issuance costs	21.1
Total aggregate amount of maturities, net of unamortized debt issuance costs	$	1,470.4