Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2026

Long-Term Debt, Unclassified [Abstract]

Long-term debt consisted of the following (in millions):


	Interest Rate*		Maturity	March 31, 2026		December 31, 2025
2025 Incremental Term Loans	Adjusted Term SOFR	+ 2.50%	October 8, 2032	$	548.6	$	550.0
Revolving Credit Facility	Adjusted Term SOFR	+ 2.25%	June 23, 2028	—		—
Canadian Revolving Credit Facility	Adjusted Term CORRA	+ 2.50%	June 23, 2028	—		—
European lines of credit	Euribor	+ 1.25%	Repayable upon demand	19.4		—
Total debt				$	568.0	$	550.0

*The interest rates presented in the table above represent the rates in place at March 31, 2026. The weighted average interest rate on our short-term borrowings outstanding was 3.25% at March 31, 2026 (not applicable at December 31, 2025).

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details