v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities:    
Net Income $ 20.4 $ 0.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9.7 12.6
Stock-based compensation 7.0 6.7
Deferred taxes 5.4 (0.3)
Non-cash lease costs 0.4 0.6
Other losses, net 0.2 0.7
Changes in operating assets and liabilities, net of business combination:    
Accounts receivable (1.6) (18.7)
Prepaid expenses and other assets 5.2 3.5
Mortgage loans held for sale (8.1) (4.4)
Accounts payable (2.1) 15.3
Accrued expenses and other current liabilities (0.7) 11.3
Operating lease liabilities (0.5) (0.9)
Other liabilities 0.4 0.1
Net cash provided by operating activities 35.7 26.7
Investing Activities:    
Purchase of investment (2.0) 0.0
Liquidation of certificate of deposit 2.3 0.0
Capitalized software development costs (3.8) (4.4)
Purchases of property and equipment (0.4) (0.2)
Business combination, net of cash acquired (15.8) 0.0
Net cash used in investing activities (19.7) (4.6)
Financing Activities:    
Net borrowing on warehouse line of credit 8.0 4.3
Proceeds from exercises of stock options 0.3 0.0
Tax payments related to net-share settlements on restricted stock units (0.2) (0.5)
Repurchases of Class A common stock (66.0) 0.0
Net cash provided by (used in) financing activities (57.9) 3.8
Effect of exchange rate changes on cash and cash equivalents (0.1) 0.0
Net increase (decrease) in cash and cash equivalents (42.0) 25.9
Cash and Cash Equivalents:    
Beginning of period 98.3 66.3
End of period 56.3 92.2
Supplemental Disclosures of Non-Cash Investing and Financing Activities:    
Capitalized software development costs recorded in accounts payable and accrued expenses and other current liabilities 0.7 0.3
Repurchases of Class A common stock recorded in accrued expenses and other current liabilities 0.6 0.3
Supplemental Disclosures of Cash Flow Information:    
Income tax payments 0.1 2.9
Income tax refunds 6.0 0.0
Cash paid for interest 0.3 0.1
Supplemental Cash Flow Disclosure Related to Operating Leases:    
Cash paid for amounts included in the measurement of lease liabilities $ 0.6 $ 1.0