v3.26.1
Overview, Basis of Presentation and Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Summary of Current Expected Credit Loss Reserve Transactions affecting the current expected credit loss (“CECL”) reserve during the six months ended June 30, 2026 and 2025 were as follows:

 

 

June 30,

 

 

 

2026

 

 

2025

 

Balance, beginning of year

 

$

20.9

 

 

$

25.0

 

Provisions charged to expense

 

 

6.9

 

 

 

4.8

 

Write-offs and other

 

 

(4.6

)

 

 

(4.2

)

Balance, end of period

 

$

23.2

 

 

$

25.6

 

The components of the CECL reserve balance at June 30, 2026 and December 31, 2025 were as follows:

 

 

June 30, 2026

 

 

December 31, 2025

 

Provision for accounts receivable

 

$

22.6

 

 

$

20.5

 

Provision for unbilled receivables and contract assets

 

 

0.6

 

 

 

0.4

 

Total

 

$

23.2

 

 

$

20.9

 
Components of Company's Property, Plant and Equipment The components of the Company’s property, plant and equipment, net at June 30, 2026 and December 31, 2025 were as follows:

 

 

June 30, 2026

 

 

December 31, 2025

 

Land

 

$

0.3

 

 

$

0.3

 

Buildings

 

 

9.7

 

 

 

13.2

 

Machinery and equipment

 

 

50.0

 

 

 

58.1

 

 

 

 

60.0

 

 

 

71.6

 

Less: Accumulated depreciation

 

 

(52.9

)

 

 

(62.8

)

Total

 

$

7.1

 

 

$

8.8