v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (0.3) $ (7.9)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 24.2 20.5
Amortization of finance lease right of use asset 2.8 5.4
Amortization of operating lease right of use asset 1.1 1.6
Stock-based compensation expense 3.0 3.2
Amortization of deferred financing fees relating to senior debt 2.0 1.3
Deferred tax (0.1)
Changes in assets and liabilities:    
Accounts receivable 5.5 21.4
Inventory 0.6 5.5
Prepaid expenses and other assets 9.9 (11.6)
Corporate tax and other current taxes payable (6.0) (7.1)
Accounts payable and accrued expenses (10.3) 10.4
Deferred revenue and customer prepayment (2.0) 2.3
Operating lease liabilities (1.2) (1.8)
Pension contributions (0.3) (0.5)
Other long-term liabilities 0.5 (1.9)
Net cash provided by operating activities 29.5 40.7
Cash flows from investing activities:    
Purchases of property and equipment (6.4) (18.8)
Purchases of capital software and internally developed costs (6.3) (4.7)
Contract cost expense (6.0) (7.7)
Net cash used in investing activities (18.7) (31.2)
Cash flows from financing activities:    
Debt introduced 365.7
Repayments of long-term debt (23.3) (318.3)
Repayments of short-term debt (20.3)
Repurchase of common stock (5.2)
Debt fees incurred (18.9)
Repayments of finance leases (2.0) (4.1)
Net cash (used in) provided by financing activities (30.5) 4.1
Effect of exchange rate changes on cash (0.4) 3.4
Net (decrease) increase in cash (20.1) 17.0
Cash, beginning of period 43.3 29.3
Total cash and restricted cash, end of period 23.2 46.3
Components of cash and restricted cash    
Cash 22.0 46.3
Restricted cash 1.2
Supplemental cash flow disclosures    
Cash paid during the period for interest 17.9 17.4
Cash paid during the period for income taxes 2.3 6.4
Cash paid during the period for operating leases 1.6 4.3
Supplemental disclosure of non-cash investing and financing activities    
Lease liabilities arising from obtaining finance lease right of use assets (1.3)
Lease liabilities arising from obtaining operating lease right of use assets (0.5) (0.9)
Right of use property and equipment acquired through finance lease 9.8
Asset retirement obligation assets arising during the period $ 0.1 $ 0.1