v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT - USD ($)
shares in Millions, $ in Millions
Total
Share capital
Treasury stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Retained earnings (Accumulated deficit)
Beginning balance (in shares) at Dec. 31, 2023   370.0        
Beginning balance at Dec. 31, 2023 $ (221.5) $ 4.1 $ (603.5) $ 1,264.9 $ 20.6 $ (907.6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 53.0         53.0
Cash dividend declared (37.1)         (37.1)
Stock-based compensation 24.2     24.2    
Issuance of shares upon vesting of RSUs and PSUs (in shares)   1.0        
Issuance of shares upon vesting of RSUs and PSUs 0.0 $ 0.1 [1]   0.1    
Income tax withholding related to vesting of restricted stock units and other (0.7)     (0.7)    
Other comprehensive income (loss) 1.7       1.7  
Ending balance (in shares) at Mar. 31, 2024   371.0        
Ending balance at Mar. 31, 2024 (180.4) $ 4.1 (603.5) 1,288.4 22.3 (891.7)
Beginning balance (in shares) at Dec. 31, 2023   370.0        
Beginning balance at Dec. 31, 2023 (221.5) $ 4.1 (603.5) 1,264.9 20.6 (907.6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 139.6          
Other comprehensive income (loss) (3.1)          
Ending balance (in shares) at Jun. 30, 2024   371.9        
Ending balance at Jun. 30, 2024 (112.9) $ 4.1 (603.5) 1,311.3 17.5 (842.3)
Beginning balance (in shares) at Mar. 31, 2024   371.0        
Beginning balance at Mar. 31, 2024 (180.4) $ 4.1 (603.5) 1,288.4 22.3 (891.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 86.6         86.6
Cash dividend declared (37.2)         (37.2)
Stock-based compensation 23.5     23.5    
Issuance of shares upon vesting of RSUs and PSUs (in shares)   0.9        
Issuance of shares upon vesting of RSUs and PSUs 0.0 $ 0.1 [1]   0.1    
Income tax withholding related to vesting of restricted stock units and other (0.6)     (0.6)    
Other comprehensive income (loss) (4.8)       (4.8)  
Ending balance (in shares) at Jun. 30, 2024   371.9        
Ending balance at Jun. 30, 2024 $ (112.9) $ 4.1 (603.5) 1,311.3 17.5 (842.3)
Beginning balance (in shares) at Dec. 31, 2024 375.3 375.3        
Beginning balance at Dec. 31, 2024 $ (131.1) $ 4.1 (603.5) 1,362.7 (0.2) (894.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 30.6         30.6
Cash dividend declared (37.6)         (37.6)
Repurchase of common stock (in shares)   (0.8)        
Repurchase of common stock (4.8) $ (0.1)   (4.8)    
Stock-based compensation 25.8     25.8    
Issuance of shares upon vesting of RSUs and PSUs (in shares)   1.2        
Issuance of shares upon vesting of RSUs and PSUs 0.0 $ 0.1   0.1    
Income tax withholding related to vesting of restricted stock units and other (0.6)     (0.6)    
Other comprehensive income (loss) 0.5       0.5  
Ending balance (in shares) at Mar. 31, 2025   375.7        
Ending balance at Mar. 31, 2025 $ (117.2) $ 4.1 (603.5) 1,383.1 0.3 (901.2)
Beginning balance (in shares) at Dec. 31, 2024 375.3 375.3        
Beginning balance at Dec. 31, 2024 $ (131.1) $ 4.1 (603.5) 1,362.7 (0.2) (894.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 63.8          
Other comprehensive income (loss) $ 23.8          
Ending balance (in shares) at Jun. 30, 2025 376.3 376.3        
Ending balance at Jun. 30, 2025 $ (87.8) $ 4.1 (603.5) 1,393.6 23.6 (905.6)
Beginning balance (in shares) at Mar. 31, 2025   375.7        
Beginning balance at Mar. 31, 2025 (117.2) $ 4.1 (603.5) 1,383.1 0.3 (901.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 33.2         33.2
Cash dividend declared (37.6)         (37.6)
Repurchase of common stock (in shares)   (1.2)        
Repurchase of common stock (6.1) $ (0.1)   (6.1)    
Stock-based compensation 17.7     17.7    
Issuance of shares upon vesting of RSUs and PSUs (in shares)   1.8        
Issuance of shares upon vesting of RSUs and PSUs 0.0 $ 0.1   0.1    
Income tax withholding related to vesting of restricted stock units and other (1.1)     (1.1)    
Other comprehensive income (loss) $ 23.3       23.3  
Ending balance (in shares) at Jun. 30, 2025 376.3 376.3        
Ending balance at Jun. 30, 2025 $ (87.8) $ 4.1 $ (603.5) $ 1,393.6 $ 23.6 $ (905.6)
[1] Represents an amount less than 0.1 or $0.1