v3.25.2
Segments and Geographic Information - Summary of Net Sales, Cost of Sales, Total Operating Expenses, Adjusted EBITDA, Depreciation Expense and Additions to PP&E by Reportable Segment (Detail) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Net sales $ 1,388.1 $ 1,053.6 $ 2,500.3 $ 1,954.6
Segment cost of sales 796.4 654.6 1,440.0 1,260.5
Segment operating expenses 366.0 316.0 709.3 675.5
Segment adjusted EBITDA 337.8 188.7 578.1 272.8
Amortization of intangible assets (51.6) (55.5) (105.6) (124.6)
Restructuring costs, net (3.0) (0.9) (14.2) (31.5)
Equity-based compensation     (16.6) (12.8)
Asset impairments     0.0 (17.2)
Transaction, transformation and integration costs (15.2) (19.9) (30.8) (26.5)
Other (4.9)   (4.9)  
Depreciation (18.0) (19.9) (36.4) (42.7)
Operating income 236.0 91.4 370.0 36.6
Other expense, net (165.2) (160.0) (343.6) (321.0)
Income (loss) from continuing operations before income taxes 70.8 (68.6) 26.4 (284.4)
Additions to property, plant and equipment 12.6 5.2 28.1 10.9
Continuing Operations [Member]        
Segment Reporting Information [Line Items]        
Equity-based compensation (9.1) (1.1) 16.2 10.9
CCS [Member]        
Segment Reporting Information [Line Items]        
Net sales 875.4 728.4 1,599.5 1,333.1
Segment cost of sales 565.0 469.0 1,017.9 896.8
Segment operating expenses 112.6 101.7 214.7 195.0
Segment adjusted EBITDA 211.1 171.4 393.3 268.8
Restructuring costs, net (1.2) (0.5) (2.2) (0.8)
Depreciation (13.3) (13.7) (26.4) (27.5)
Additions to property, plant and equipment 10.4 3.3 24.6 6.9
Ruckus [Member]        
Segment Reporting Information [Line Items]        
Net sales 190.2 [1] 129.8 [2] 353.3 [3] 238.0 [4]
Segment cost of sales 59.8 [1] 67.6 [2] 121.7 [3] 123.2 [4]
Segment operating expenses 85.0 [1] 68.5 [2] 162.7 [3] 139.9 [4]
Segment adjusted EBITDA 46.5 [1] (4.9) [2] 71.3 [3] (21.5) [4]
Restructuring costs, net [5] (1.3) (0.5) (3.0) (1.7)
Depreciation (1.1) [1] (1.4) [2] (2.4) [3] (3.6) [4]
Additions to property, plant and equipment 0.6 [1] 0.4 [2] 0.7 [3] 0.8 [4]
ANS [Member]        
Segment Reporting Information [Line Items]        
Net sales 322.5 195.4 547.5 383.5
Segment cost of sales 170.9 116.0 298.3 235.7
Segment operating expenses 75.0 48.9 138.3 109.5
Segment adjusted EBITDA 80.2 34.6 118.4 48.4
Restructuring costs, net (0.5) 0.3 (8.9) (28.7)
Depreciation (3.6) (4.1) (7.5) (10.1)
Additions to property, plant and equipment 1.6 0.7 2.8 1.8
Corporate and Other [Member]        
Segment Reporting Information [Line Items]        
Net sales   0.0 [6] 0.0 [7] 0.0 [8]
Segment cost of sales   1.9 [6] 0.9 [7] 3.8 [8]
Segment operating expenses   11.2 [6] 4.1 [7] 20.6 [8]
Segment adjusted EBITDA   (12.4) [6] (4.9) [7] (22.9) [8]
Restructuring costs, net $ 0.0 (0.2) (0.1) (0.3)
Depreciation   (0.7) [6] (0.1) [7] (1.5) [8]
Additions to property, plant and equipment   $ 0.8 [6] $ 0.0 [7] $ 1.4 [8]
[1] Includes balances of the OneCell business for periods prior to its disposition.
[2] Includes balances of the OneCell business for periods prior to its disposition.
[3] Includes balances of the OneCell business for periods prior to its disposition.
[4] Includes balances of the OneCell business for periods prior to its disposition.
[5] Includes balances of the OneCell business for periods prior to its disposition.
[6] The corporate and other line item above reflects general corporate costs that were previously allocated to the OWN segment, DAS business unit and Home segment. These indirect expenses have been classified as continuing operations, since the costs were not directly attributable to these discontinued operations. Beginning in the first quarter of 2024, the corporate and other costs related to the Home segment have been reallocated to the Company’s remaining segments and partially offset by income from the Vantiva TSA. Beginning in the first quarter of 2025, the corporate and other costs related to the OWN segment and DAS business unit have been reallocated to the Company’s remaining segments and partially offset by income from the Amphenol TSA.
[7] The corporate and other line item above reflects general corporate costs that were previously allocated to the OWN segment, DAS business unit and Home segment. These indirect expenses have been classified as continuing operations, since the costs were not directly attributable to these discontinued operations. Beginning in the first quarter of 2024, the corporate and other costs related to the Home segment have been reallocated to the Company’s remaining segments and partially offset by income from the Vantiva TSA. Beginning in the first quarter of 2025, the corporate and other costs related to the OWN segment and DAS business unit have been reallocated to the Company’s remaining segments and partially offset by income from the Amphenol TSA.
[8] The corporate and other line item above reflects general corporate costs that were previously allocated to the OWN segment, DAS business unit and Home segment. These indirect expenses have been classified as continuing operations, since the costs were not directly attributable to these discontinued operations. Beginning in the first quarter of 2024, the corporate and other costs related to the Home segment have been reallocated to the Company’s remaining segments and partially offset by income from the Vantiva TSA. Beginning in the first quarter of 2025, the corporate and other costs related to the OWN segment and DAS business unit have been reallocated to the Company’s remaining segments and partially offset by income from the Amphenol TSA.