v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities:    
Net (loss) income $ (17.0) $ 64.8
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 46.5 43.3
Amortization of finance lease right of use asset 5.9
Amortization of operating lease right of use asset 4.7 4.4
Loss on sale of business 6.6
Stock-based compensation expense 6.7 7.6
Amortization of deferred financing fees relating to senior debt 3.0 1.1
Deferred tax 2.9 (69.4)
Changes in assets and liabilities:    
Accounts receivable 24.2 (22.8)
Inventory 7.3 3.8
Prepaid expenses and other assets (18.0) 5.8
Corporate tax and other current taxes payable (8.9) 1.1
Accounts payable and accrued expenses (10.7) (10.6)
Deferred revenue and customer prepayment 6.7 7.2
Operating lease liabilities (4.1) (4.0)
Pension contributions (1.2) (1.5)
Other long-term liabilities (2.6) 0.9
Net cash provided by operating activities 52.0 31.7
Cash flows from investing activities:    
Purchases of property and equipment (35.7) (17.0)
Purchases of capital software and internally developed costs (9.9) (11.8)
Net cash on sale of business 18.1
Contract cost expenditures (13.0) (11.3)
Net cash used in investing activities (40.5) (40.1)
Cash flows from financing activities:    
Proceeds from long-term debt 365.7
Repayments of long-term debt and short-term debt (338.6)
Debt fees incurred (18.8)
Repurchase of common stock (0.4)
Repayments of finance leases (7.9) (1.6)
Net cash provided by (used in) financing activities (1.6)
Effect of exchange rate changes on cash 2.5 (0.7)
Net increase (decrease) in cash 14.0 (10.7)
Cash, beginning of period 29.3 40.0
Total cash and restricted cash, end of period 43.3 29.3
Components of cash and restricted cash    
Cash 42.0 29.3
Restricted cash 1.3
Supplemental cash flow disclosures    
Cash paid during the period for interest 36.6 26.6
Cash paid during the period for operating leases 7.5 9.2
Supplemental disclosure of noncash investing and financing activities    
Right of use property and equipment acquired through finance lease 11.1 21.9
Lease liabilities arising from obtaining finance lease right of use assets (1.3) (18.7)
Lease liabilities arising from obtaining operating lease right of use assets (1.1) (6.5)
Additional paid in capital from net settlement of RSUs $ (1.3) $ (3.0)