Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 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):

			June 30,		December 31,
	Maturity Date	Interest Rate	2025		2024
Short-Term Credit Facilities
2023 ABL Credit Facility	March 16, 2028	5.81%	$	—	$	—
2025 Japan ABL Credit Facility	January 21, 2028	1.40%	48.6		—
2022 Japan ABL Credit Facility	January 25, 2025	1.21%	—		25.4
Total Principal Amount			$	48.6	$	25.4
Unamortized Debt Issuance Costs			$	3.2	$	3.4
	Balance Sheet Location
ABL Credit Facilities	Asset-based credit facilities		$	48.6	$	25.4
Unamortized Debt Issuance Costs - Current	Prepaid expenses		$	1.2	$	1.1
Unamortized Debt Issuance Costs - Non-current	Other long-term assets		$	2.0	$	2.3
			June 30,		December 31,
	Maturity Date	Interest Rate	2025		2024
Long-Term Debt and Credit Facilities
2023 Term Loan B	March 16, 2030	7.33%	$	1,171.9	$	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%	8.8		11.7
Mortgage Loans	July 1, 2033 - July 29, 2036	9.75% - 11.31%	43.9		44.3
Financed Tenant Improvements	February 1, 2035	8.00% - 10.00%	3.8		3.1
Total Principal Amount			$	1,486.7	$	1,495.5
Less: Unamortized Debt Issuance Costs			19.9		22.3
Total Debt, net of Unamortized Debt Issuance Costs			$	1,466.8	$	1,473.2
	Balance Sheet Location
Long-Term Debt - Current	Other current liabilities		$	14.7	$	15.3
Long-Term Debt - Current	Convertible notes, net		257.0		—
Long-Term Debt - Non-current	Long-term debt		1,195.1		1,457.9
Total Debt, net of Unamortized Debt Issuance Costs			$	1,466.8	$	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 June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Short-Term Credit Facilities
2025 Japan ABL Credit Facility	$	0.2	$	—	$	0.3	$	—
2023 ABL Credit Facility	0.2		0.6		0.5		1.2
2022 Japan ABL Credit Facility	—		—		—		0.1
Total	$	0.4	$	0.6	$	0.8	$	1.3
Long-Term Debt and Credit Facilities
2023 Term Loan B	$	22.6	$	26.6	$	45.0	$	55.1
Convertible Notes	1.7		1.8		3.5		3.6
Equipment Notes	0.1		0.1		0.2		0.3
Financed Tenant Improvements	0.1		—		0.2		0.1
Mortgage Loans	1.2		1.1		2.3		2.3
Total	$	25.7	$	29.6	$	51.2	$	61.4

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 were as follows for the periods presented (in millions except interest rates):

(in millions, except interest rates)	June 30, 2025
2023 ABL Credit Facility
Average availability	$	412.4
Weighted-average interest rate	4.95		%
2025 Japan ABL Credit Facility
Average availability	$	13.3
Weighted-average interest rate	1.21		%

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 June 30, 2025.

	(in millions)
Remainder of 2025	$	9.1
2026	276.4
2027	15.6
2028	13.8
2029	13.9
Thereafter	1,157.9
Total aggregate amount of maturities	$	1,486.7
Less: Unamortized debt issuance costs	19.9
Total aggregate amount of maturities, net of unamortized debt issuance costs	$	1,466.8