v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows From Operating Activities    
Net income (loss) $ (40.2) $ (103.9)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 184.0 185.4
Share-based compensation 14.2 10.7
Amortization and write-off of debt issuance costs 3.3 2.9
Other operating activities (16.8) 21.6
Changes in operating assets and liabilities:    
Accounts receivable (62.3) (33.6)
Prepaid expenses (15.2) (14.7)
Other assets (8.7) 1.9
Accounts payable (14.5) (5.8)
Accrued expenses and other current liabilities (34.8) (3.9)
Deferred revenues 129.3 111.3
Operating leases, net (0.8) (1.5)
Other liabilities (2.8) 0.8
Net cash provided by operating activities 134.7 171.2
Cash Flows From Investing Activities    
Capital expenditures (55.8) (60.9)
Net cash used for investing activities (55.8) (60.9)
Cash Flows From Financing Activities    
Principal payments on debt (138.5) 0.0
Payments for Repurchase of Equity 18.1 50.0
Payments related to tax withholding for share-based compensation (5.3) (6.4)
Other financing activities (0.4) (0.2)
Net cash used for financing activities (162.3) (56.6)
Effects of exchange rates (3.6) 5.1
Net change in cash and cash equivalents, including restricted cash (87.0) 58.8
Cash and cash equivalents, including restricted cash, beginning of period 329.2 295.2
Cash and cash equivalents, including restricted cash, end of period $ 242.2 $ 354.0