v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Company's Debt

The Company’s debt as of June 30, 2026 and December 31, 2025 consisted of the following:

 

 

June 30, 2026

 

 

December 31, 2025

 

Term Loan A Facility

 

$

107.8

 

 

$

110.7

 

Borrowings under the Revolving Facility

 

 

96.5

 

 

 

61.0

 

Unamortized debt issuance costs

 

 

(0.3

)

 

 

(0.4

)

Total debt

 

 

204.0

 

 

 

171.3

 

Less: current portion of long-term debt

 

 

5.8

 

 

 

5.8

 

Long-term debt

 

$

198.2

 

 

$

165.5

 

 

Summary of Interest Expense

The following table summarizes interest expense, net included on the Unaudited Condensed Consolidated Statements of Operations:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Interest incurred

 

$

3.8

 

 

$

4.1

 

 

$

6.8

 

 

$

7.4

 

Interest income, net of loss on debt extinguishment

 

 

(0.3

)

 

 

(0.3

)

 

 

(0.5

)

 

 

(0.5

)

Interest expense, net

 

$

3.5

 

 

$

3.8

 

 

$

6.3

 

 

$

6.9