v3.26.1
Property, Plant and Equipment, Net
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Property, plant and equipment, net consist of the following (in millions):
 Depreciable
Lives		 June 30, 2026December 31, 2025
Land, buildings, and leasehold improvements
3 - 39 years
 $57.6 $58.0 
Machinery and equipment
5 - 15 years
 68.0 67.8 
Badges
3 - 5 years
 44.1 41.3 
Furniture, fixtures, computer equipment and other
3 - 10 years
 26.0 24.7 
Software development costs
3 - 5 years
46.5 43.7 
Construction in progress (1)
— 25.4 15.8 
   267.6 251.3 
Less: accumulated depreciation  (112.5)(96.4)
   $155.1 $154.9 
(1) Includes $11.3 million and $3.9 million of Construction in progress for internally developed software as of June 30, 2026, and December 31, 2025, respectively.
Total depreciation expense included in costs of revenues and operating expenses was as follows (in millions):
Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation expense in:
Cost of revenues$6.0 $5.9 $11.8 $11.4 
Operating expenses$2.8 $2.7 $6.8 $5.5