v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net (loss) income $ (30.7) $ 2.2 $ (8.2)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Stock-based compensation 11.3 5.8 7.8
Allowance for credit losses 2.8 0.5 0.3
Depreciation and amortization 31.0 28.3 45.0
Intangible asset impairments 0.0 7.3 0.0
Loss on disposal of fixed assets and lease abandonment 0.0 0.1 1.1
Non-cash operating lease expense 2.8 2.4 2.6
Amortization of deferred financing fees and debt discount 1.4 4.3 3.0
Loss on extinguishment of debt 0.0 0.0 2.3
Deferred income taxes 4.1 1.8 1.3
Remeasurement of contingent consideration 45.8 (1.2) (2.3)
Changes in operating assets and liabilities, net of effect of businesses acquired:      
Trade and other receivables 5.7 4.5 (8.6)
Insurance receivables 0.0 (0.5) 0.0
Prepaid expenses and other current assets 5.8 (4.8) (2.3)
Accounts payable and other current liabilities (2.4) (7.2) (11.7)
Cancelled event liabilities (0.2) 0.6 (2.7)
Contingent consideration (0.2) (0.2) 0.0
Income tax payable (0.4) (2.5) (2.7)
Deferred revenues (30.1) 8.7 19.5
Operating lease liabilities (4.1) (3.3) (4.1)
Net cash provided by operating activities 42.6 46.8 40.3
Investing activities      
Acquisition of businesses, net of cash acquired (194.9) (16.2) (9.5)
Working capital adjustment receivable from seller 0.0 1.0 0.0
Purchases of property and equipment (1.2) (1.3) (0.6)
Purchases of intangible assets (7.1) (8.5) (10.9)
Net cash used in investing activities (203.2) (25.0) (21.0)
Financing activities      
Payment of contingent consideration for acquisition of businesses (3.2) 0.0 (3.7)
Repayment of principal on Previous Extended Term Loan Facility (169.5) (4.2) (2.1)
Original issuance discount (2.0) 0.0 (12.5)
Fees paid for debt issuance (2.1) 0.0 (2.0)
Repurchase of common stock (17.5) (13.8) (16.9)
Dividends on common stock (11.9) (6.1) 0.0
Preferred stock cash dividend 0.0 (8.6) (17.2)
Proceeds from issuance of common stock under equity plans 0.5 1.5 0.2
Net cash provided by (used in) financing activities 67.1 (31.2) (54.2)
Effect of foreign exchange rates on cash and cash equivalents (0.4) 0.0 0.0
Net decrease in cash and cash equivalents (93.9) (9.4) (34.9)
Cash and cash equivalents      
Beginning of year 194.8 204.2 239.1
End of year 100.9 194.8 204.2
Supplemental disclosures of cash flow information      
Cash paid for income taxes 5.0 4.6 6.9
Cash paid for interest 40.9 43.8 38.1
Supplemental schedule of non-cash investing and financing activities      
Contingent consideration related to acquisitions 45.8 (1.2) (2.3)
Unpaid capital expenditures 0.4 0.3 0.0
Conversion of redeemable convertible preferred stock to common stock 0.0 501.2 0.0
Second Amended and Restated Term Loan Facility 239.6 0.0 0.0
Previous Extended Term Loan Facility (239.6) 0.0 175.9
Amended and Restated Term Loan Facility 0.0 0.0 (175.9)
2025 Acquisitions [Member]      
Supplemental schedule of non-cash investing and financing activities      
Contingent consideration related to acquisitions 21.6 0.0 0.0
2024 Acquisition [Member]      
Supplemental schedule of non-cash investing and financing activities      
Contingent consideration related to acquisitions 0.0 5.2 0.0
2023 Acquisitions [Member]      
Supplemental schedule of non-cash investing and financing activities      
Contingent consideration related to acquisitions 0.0 0.0 0.7
Second Amended and Restated Term Loan Facility [Member]      
Financing activities      
Proceeds from Term Loan Facility 275.4 0.0 0.0
Repayment of principal on Amended and Restated Term Loan Facility (2.6) 0.0 0.0
Original issuance discount (1.3)    
Amended and Restated Term Loan Facility [Member]      
Financing activities      
Repayment of principal on Amended and Restated Term Loan Facility 0.0 0.0 (239.4)
Previous Extended Term Loan Facility [Member]      
Financing activities      
Proceeds from Term Loan Facility $ 0.0 $ 0.0 $ 239.4