v3.25.2
Financial instruments (Tables)
6 Months Ended
Jun. 30, 2025
Financial instruments  
Schedule of financial instruments recorded on a fair value basis

Fair Value Measurements

Quoted

Significant

prices in

other

Significant

active

observable

unobservable

markets

input

inputs

Total

(Level 1)

(Level 2)

(Level 3)

(In millions)

Asset (liability)

December 31, 2024

Noncurrent marketable securities (See Note 5)

$

3.4

$

3.4

$

-

$

-

Earn-out liability (See Note 16)

(4.3)

-

-

(4.3)

June 30, 2025

Noncurrent marketable securities (See Note 5)

$

2.4

$

2.4

$

-

$

-

Currency forward contract

3.2

3.2

-

-

Earn-out liability (See Note 16)

(4.6)

-

-

(4.6)

Schedule of financial instruments that are not carried at fair value but which require fair value disclosure

December 31, 2024

    

June 30, 2025

Carrying

Fair

Carrying

Fair

amount

value

amount

value

(In millions)

Cash, cash equivalents and restricted cash

$

114.7

$

114.7

$

27.7

$

27.7

Long-term debt:

 

 

 

 

Fixed rate 9.50% Senior Secured Notes due 2029

365.4

403.4

410.7

444.3

Fixed rate 3.75% Senior Secured Notes due 2025

78.3

77.9

87.9

87.8

Revolving credit facility

10.0

10.0

37.0

37.0