v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 48.9 $ 40.9
Accounts receivable, net 69.5 68.4
Contract assets 18.5 16.7
Inventory 5.6 5.7
Prepaid expenses and other current assets 8.7 11.4
Assets held for sale 0.4 0.8
Total current assets 151.6 143.9
Property and equipment, net 218.6 224.3
Intangible assets, net 5.2 5.6
Operating leases, right-of-use assets 5.3 7.0
Other assets 1.0 0.8
Total assets 381.7 381.6
Liabilities and Stockholders' Equity    
Accounts payable 23.6 27.2
Accrued expenses 28.3 28.2
Other financing liability, current portion 0.7 0.7
Short-term lease liability 8.7 8.7
Other current liabilities 0.0 0.4
Total current liabilities 61.3 65.2
Long-term lease liability 12.9 14.1
Other financing liability 9.9 10.3
Deferred tax liability 20.7 18.2
Total liabilities 104.8 107.8
Commitments and contingencies (Note 14)
Stockholders' equity    
Preferred stock, $0.01 per share; 50,000,000 shares authorized; no shares issued or outstanding as of June 30, 2025 and December 31, 2024 0.0 0.0
Less: Class A Common Stock held in treasury at cost; 4,155,728 treasury shares as of June 30, 2025 and 3,877,628 treasury shares as of December 31, 2024 (41.9) (38.6)
Retained earnings 47.3 42.2
Additional paid-in capital 271.2 269.9
Total stockholders' equity 276.9 273.8
Total liabilities and stockholders' equity 381.7 381.6
Class A Common Stock    
Stockholders' equity    
Common stock 0.3 0.3
Class B Common Stock    
Stockholders' equity    
Common stock $ 0.0 $ 0.0