v3.25.2
Revenue (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables illustrate the disaggregation of revenue by geographic area, groups of similar products and services and sales channels:
Net sales by geographic area
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Americas$213.5 $227.8 $410.8 $443.4 
Europe, Middle East and Africa84.7 81.5 160.7 158.3 
Asia Pacific20.4 21.7 37.1 40.3 
Total$318.6 $331.0 $608.6 $642.0 
Net sales are attributed to each geographic area based on the end-user country and are net of intercompany sales.
Net sales by groups of similar products and services
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Equipment$197.0 $210.7 $369.8 $400.5 
Parts and consumables69.5 68.9 136.8 139.5 
Service and other52.1 51.4 102.0 102.0 
Total$318.6 $331.0 $608.6 $642.0 
Net sales by sales channel
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Sales direct to consumer$216.5 $229.7 $421.6 $451.1 
Sales to distributors102.1 101.3 187.0 190.9 
Total$318.6 $331.0 $608.6 $642.0 
Schedule of Change in Sales Incentive Accrual Balance and Deferred Revenue Balance
The change in our sales incentive accrual balance was as follows:
Six Months Ended
June 30,
20252024
Beginning balance$15.6 $21.2 
Additions to sales incentive accrual12.5 12.6 
Contract payments(12.1)(16.9)
Foreign currency fluctuations0.8 (0.5)
Ending balance$16.8 $16.4 
The change in the deferred revenue balance was as follows:
Six Months Ended
June 30,
20252024
Beginning balance$20.6 $10.3 
Increase in deferred revenue representing our obligation to satisfy future performance obligations13.5 12.1 
Decrease in deferred revenue for amounts recognized in net sales for satisfied performance obligations(9.3)(9.7)
Foreign currency fluctuations0.6 (0.2)
Ending balance$25.4 $12.5 
Schedule of Recognition of Net Sales in Future Periods Of these amounts, we expect to recognize the following approximate amounts in net sales in the following periods:
Remaining 2025
$8.0 
20266.8 
20275.2 
20283.1 
20292.0 
Thereafter0.3 
Total$25.4