Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 147.6	$ 175.9
Short-term investments	2.5	4.0
Restricted cash, current	13.1	0.0
Accounts receivable, net	183.8	225.6
Prepaid expenses and other current assets	50.5	48.5
Total current assets	397.5	454.0
Restricted cash, non-current	10.3	9.8
Property and equipment, net	174.8	162.6
Operating lease right-of-use assets, net	112.6	113.3
Intangible assets, net	192.7	217.3
Goodwill	1,042.2	1,692.7
Deferred tax assets	3,624.9	3,662.3
Deferred costs and other assets, net of current portion	123.5	127.5
Total assets	5,678.5	6,439.5
Current liabilities:
Accounts payable	14.6	31.3
Accrued expenses and other current liabilities	119.9	115.1
Unearned revenue, current portion	462.3	474.6
Current portion of tax receivable agreements liability	1.2	0.0
Current portion of operating lease liabilities	6.6	6.0
Current portion of long-term debt	5.9	5.9
Total current liabilities	610.5	632.9
Unearned revenue, net of current portion	2.4	3.2
Tax receivable agreements liability, net of current portion	2,725.2	2,731.9
Operating lease liabilities, net of current portion	247.8	239.2
Long-term debt, net of current portion	1,258.1	1,318.1
Deferred tax liabilities	4.2	3.8
Other long-term liabilities	1.6	1.7
Total liabilities	4,849.8	4,930.8
Commitments and Contingencies (Note 9)
Stockholders' Equity:
Common stock, par value $0.01; 3,300,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 292,312,307 and 307,293,985 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively	2.9	3.0
Preferred stock, par value $0.01; 200,000,000 shares authorized as of June 30, 2026 and December 31, 2025; zero issued and outstanding as of June 30, 2026 and December 31, 2025	0.0	0.0
Additional paid-in capital (“APIC”)	1,000.1	1,068.1
Accumulated other comprehensive income (“AOCI”)	3.5	1.0
Retained earnings (deficit)	(177.8)	436.6
Total stockholders' equity	828.7	1,508.7
Total liabilities and stockholders' equity	$ 5,678.5	$ 6,439.5

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481990/310-10-45-2