v3.25.2
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Asset Impairment Information
The table below presents asset impairment information related to long-lived assets during the three and six months ended June 30, 2024 (in millions):
Property and equipment assets impairment$0.2 
Right-of-use assets impairment0.1 
Intangible assets impairment4.6 
Total asset impairments$4.9 
Schedule of Fair Values of Financial Assets and Liabilities
The fair values of financial assets and liabilities that are recorded at fair value in the Condensed Consolidated Balance Sheets and not described above were as follows (in millions):
 As of June 30, 2025As of December 31, 2024
 TotalLevel 1Level 2Level 3TotalLevel 1Level 2Level 3
Financial assets:
Money market funds$252.9 $252.9 $— $— $296.7 $296.7 $— $— 
Derivative financial instruments8.4 — 8.4 — 22.3 — 22.3 — 
Total financial assets$261.3 $252.9 $8.4 $— $319.0 $296.7 $22.3 $— 
Financial liabilities:
Contingent consideration$0.2 $— $— $0.2 $0.6 $— $— $0.6 
Schedule of Change in Fair Value of Contingent Consideration
The change in fair value of the contingent consideration (a Level 3 input) was as follows (in millions):
Contingent consideration liability - January 1, 2025$0.6 
Accretion in value0.0 
Amounts paid to sellers(0.4)
Contingent consideration liability - June 30, 2025$0.2 
Schedule of Carrying Values and Associated Fair Values of Financial Assets and Liabilities The Senior Notes represent a Level 2 fair value measurement and are as follows (in millions):
 As of June 30, 2025As of December 31, 2024
 Carrying ValueFair ValueCarrying ValueFair Value
Senior Notes(1)
$300.0 $299.8 $300.0 $295.0 
(1)Excludes the impact of unamortized debt issuance costs.