v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Company's Debt

The Company’s debt as of June 30, 2025 and December 31, 2024 consisted of the following:

 

 

June 30, 2025

 

 

December 31, 2024

 

Term Loan A Facility

 

$

113.6

 

 

$

125.0

 

Borrowings under the Revolving Facility

 

 

77.0

 

 

 

 

Unamortized debt issuance costs

 

 

(0.5

)

 

 

(0.3

)

Total debt

 

 

190.1

 

 

 

124.7

 

Less: current portion of long-term debt

 

 

5.8

 

 

 

 

Long-term debt

 

$

184.3

 

 

$

124.7

 

Summary of Interest Expense

The following table summarizes interest expense, net included on the Unaudited Condensed Consolidated Statements of Operations:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Interest incurred

 

$

4.1

 

 

$

4.3

 

 

$

7.4

 

 

$

8.6

 

Interest income, net of loss on debt extinguishment

 

 

(0.3

)

 

 

(0.6

)

 

 

(0.5

)

 

 

(1.3

)

Interest expense, net

 

$

3.8

 

 

$

3.7

 

 

$

6.9

 

 

$

7.3