Depreciation and Amortization (Tables)

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule of Depreciation and Amortization

Amounts charged to expense in the Company’s unaudited Condensed Consolidated Statements of Operations for depreciation and amortization were as follows:


	Amortization						Depreciation
	Residual Commission Buyouts		Other Intangible Assets		Capitalized Customer Acquisition Costs		Equipment Under Lease		Property, Plant and Equipment		Total
Three Months Ended March 31, 2025
Depreciation and amortization expense	$	22.5	$	14.1	$	—	$	16.3	$	3.1	$	56.0
Cost of sales	—		21.8		7.3		—		0.1		29.2
Total depreciation and amortization (a)	$	22.5	$	35.9	$	7.3	$	16.3	$	3.2	$	85.2

Three Months Ended March 31, 2024
Depreciation and amortization expense	$	21.8	$	8.7	$	—	$	11.9	$	2.4	$	44.8
Cost of sales	—		15.5		5.7		—		0.1		21.3
Total depreciation and amortization (b)	$	21.8	$	24.2	$	5.7	$	11.9	$	2.5	$	66.1

(a) Total amortization of $65.7 million consisted of amortization of acquired intangibles of $45.8 million and amortization of non-acquired intangibles of $19.9 million.

(b) Total amortization of $51.7 million consisted of amortization of acquired intangibles of $38.0 million and amortization of non-acquired intangibles of $13.7 million.

Schedule of Estimated Amortization Expense for Intangible Assets

As of March 31, 2025, the estimated amortization expense for each of the five succeeding years and thereafter is as follows:


	Residual Commission Buyouts		Other Intangible Assets		Capitalized Customer Acquisition Costs		Total Amortization		Amortization of Acquired Intangible Assets
2025 (remaining nine months)	$	66.4	$	104.7	$	20.8	$	191.9	$	134.5
2026	54.9		122.6		22.5		200.0		139.9
2027	6.4		99.4		16.1		121.9		83.2
2028	4.8		69.0		7.2		81.0		71.4
2029	1.5		65.1		0.3		66.9		66.9
Thereafter	1.9		306.5		—		308.4		307.6
Total	$	135.9	$	767.3	$	66.9	$	970.1	$	803.5