v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Balance at Dec. 31, 2024 $ 77.6     $ 243.5 $ (149.3) $ (11.7) $ (4.9)
Balance, shares at Dec. 31, 2024   1,200,000 32,762,135        
Net loss (20.9)       (20.9)    
Dividends on preferred stock (0.8)       (0.8)    
Dividends on common stock (1.8)       (1.8)    
Stock-based compensation including employee stock purchase plan 1.6     1.6      
Stock-based compensation including employee stock purchase plan, shares     428,930        
Change in fair value of derivative, net of tax 0.3           0.3
Balance at Mar. 31, 2025 56.0     245.1 (172.8) (11.7) (4.6)
Balance, shares at Mar. 31, 2025   1,200,000 33,191,065        
Balance at Dec. 31, 2024 77.6     243.5 (149.3) (11.7) (4.9)
Balance, shares at Dec. 31, 2024   1,200,000 32,762,135        
Net loss (27.0)            
Foreign currency translation adjustments 1.9            
Change in fair value of derivative, net of tax 0.7            
Balance at Jun. 30, 2025 43.9     246.0 (181.6) (18.2) (2.3)
Balance, shares at Jun. 30, 2025   1,200,000 32,046,258        
Balance at Mar. 31, 2025 56.0     245.1 (172.8) (11.7) (4.6)
Balance, shares at Mar. 31, 2025   1,200,000 33,191,065        
Net loss (6.1)       (6.1)    
Dividends on preferred stock (0.7)       (0.7)    
Dividends on common stock (2.0)       (2.0)    
Stock-based compensation including employee stock purchase plan 0.9     0.9      
Stock-based compensation including employee stock purchase plan, shares     797        
Foreign currency translation adjustments 1.9           1.9
Change in fair value of derivative, net of tax 0.4           0.4
Repurchase of common stock, shares     (1,145,604)        
Repurchase of common stock (6.5)         (6.5)  
Balance at Jun. 30, 2025 43.9     246.0 (181.6) (18.2) (2.3)
Balance, shares at Jun. 30, 2025   1,200,000 32,046,258        
Balance at Dec. 31, 2025 (8.8)     248.4 (236.4) (19.2) (1.6)
Balance, shares at Dec. 31, 2025   1,200,000 32,153,525        
Net loss (19.5)       (19.5)    
Dividends on preferred stock (0.8)       (0.8)    
Stock-based compensation including employee stock purchase plan 1.4     1.4      
Stock-based compensation including employee stock purchase plan, shares     378,645        
Foreign currency translation adjustments (0.6)           (0.6)
Balance at Mar. 31, 2026 (28.3)     249.8 (256.7) (19.2) (2.2)
Balance, shares at Mar. 31, 2026   1,200,000 32,532,170        
Balance at Dec. 31, 2025 (8.8)     248.4 (236.4) (19.2) (1.6)
Balance, shares at Dec. 31, 2025   1,200,000 32,153,525        
Net loss (27.0)            
Foreign currency translation adjustments (1.4)            
Change in fair value of derivative, net of tax 0.0            
Balance at Jun. 30, 2026 (36.2)     250.8 (264.8) (19.2) (3.0)
Balance, shares at Jun. 30, 2026   1,200,000 32,553,179        
Balance at Mar. 31, 2026 (28.3)     249.8 (256.7) (19.2) (2.2)
Balance, shares at Mar. 31, 2026   1,200,000 32,532,170        
Net loss (7.5)       (7.5)    
Dividends on preferred stock (0.7)       (0.7)    
Dividend equivalent on stock-based compensation 0.1       0.1    
Stock-based compensation including employee stock purchase plan 1.0     1.0      
Stock-based compensation including employee stock purchase plan, shares     21,009        
Foreign currency translation adjustments (0.8)           (0.8)
Change in fair value of derivative, net of tax 0.0            
Balance at Jun. 30, 2026 $ (36.2)     $ 250.8 $ (264.8) $ (19.2) $ (3.0)
Balance, shares at Jun. 30, 2026   1,200,000 32,553,179