v3.26.1
Stock Based Awards - Summary of Activity for PSUs and MSUs (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
 6 Months Ended
Jun. 30, 2026
MSUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested outstanding, Beginning balance 34
Unvested Shares, Canceled [1] (34)
Unvested outstanding, Ending balance 0
Weighted Average Grant-Date Fair Value Per Share  
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Beginning balance $ 14.8
Weighted Average Grant-Date Fair Value Per Share, Canceled [1] 14.8
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Ending balance $ 0
Aggregate Intrinsic Value  
Unvested outstanding, Aggregate Intrinsic Value $ 0.0
PSUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested outstanding, Beginning balance 1,459
Unvested RSUs, Granted 776
Unvested RSUs, Vested and released [2] (110)
Unvested Shares, Canceled [1] (363)
Unvested outstanding, Ending balance 1,762
Weighted Average Grant-Date Fair Value Per Share  
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Beginning balance [3] $ 19.4
Weighted Average Grant-Date Fair Value Per Share, Granted [3] 10.14
Weighted Average Grant-Date Fair Value Per Share, Vested and released [2],[3] 27.37
Weighted Average Grant-Date Fair Value Per Share, Canceled [1],[3] 25.81
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Ending balance [3] $ 13.5
Aggregate Intrinsic Value  
Unvested outstanding, Aggregate Intrinsic Value $ 24.2
[1] MSUs cancellations reflect market-based performance targets not being attained by the end of the performance period.
[2] Inclusive of approximately 37,000 shares of common stock withheld in connection with PSUs vesting to satisfy required employee tax withholding requirements. Shares which could have been issued in connection with the vesting of PSUs but were instead withheld under net share settlement remain in the authorized but unissued pool under the 2023 Plan and can be reissued by the Company under the 2023 Plan. Total payments for the employees’ tax obligations to the taxing authorities due to net share settlements are reflected as a financing activity within the consolidated statement of cash flows.
[3] PSUs generally vest in two equal annual installments on December 31 in the first and second years following the grant date, based on the extent to which the Company achieves certain financial metrics relative to targets established by the Company’s Compensation and Section 16 Committees of its Board of Directors (jointly, the “Compensation Committee”). The estimated grant-date fair value of PSUs is measured based on the quoted price of our common stock at the date of grant, calculated upon the establishment of performance targets, and amortized over the requisite service period. Based upon actual attainment relative to the target financial metrics, employees have the ability to receive up to 200% of the target number originally granted, or to be issued none at all. Probable outcome for performance-based awards is updated based upon changes in actual and forecasted operating results or expected achievement of performance goals, as applicable, and the impact of modifications, if any.