v3.26.1
Unaudited Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Millions
Total
Class B Common Stock
Common Stock
Common Stock
Related Party [Member]
Additional Paid-in Capital
Stockholder Note Receivable - Related Party
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Treasury Stock
Related Party [Member]
Beginning balance at Dec. 31, 2024 $ 942.8   $ 0.2   $ 1,604.9   $ 276.8 $ (91.5) $ (847.6)  
Beginning balance, shares at Dec. 31, 2024   12,799,999 153,655,038              
Beginning balance, shares at Dec. 31, 2024                 (26,260,252)  
Net Income (Loss) 25.0           25.0      
Other comprehensive income (loss), net of tax 44.9             44.9    
Stockholder note receivable - related party (Note 1) (326.7)         $ (326.7)        
Repurchase of common stock related to Merger, net of issuance of common stock as Merger consideration (Note 1) (Note 11) $ (70.9)       38.9 326.7     $ (436.5)  
Retirement of treasury shares, treasury stock value (Note 11)     $ (0.1)   (1,284.0)       $ 1,284.1  
Retirement of treasury shares (Note 11)   (12,799,999) (40,283,936)              
Retirement of treasury shares, share (Note 11)                 53,083,935  
Issuance of common stock related to exercises of options and vesting of RSUs, shares     2,449,266              
Repurchase of common stock under share repurchase program (2,800,000)     3,037,959         (2,808,080) (26,823,683)
Repurchase of common stock under share repurchase program, value (Note 11) $ (40.0)               $ (40.0)  
Withholding taxes on net share settlements of equity awards (11.8)       (11.8)          
Stock-based compensation 63.7       63.7          
Ending balance at Jun. 30, 2025 627.0   $ 0.1   411.7   301.8 (46.6) $ (40.0)  
Ending balance, shares at Jun. 30, 2025   0 118,858,327              
Ending balance, shares at Jun. 30, 2025                 (2,808,080)  
Beginning balance at Mar. 31, 2025 642.9   $ 0.2   1,627.0 (326.7) 265.8 (75.8) $ (847.6)  
Beginning balance, shares at Mar. 31, 2025   12,799,999 155,266,930              
Beginning balance, shares at Mar. 31, 2025                 (26,260,252)  
Net Income (Loss) 36.0           36.0      
Other comprehensive income (loss), net of tax 29.2             29.2    
Repurchase of common stock related to Merger, net of issuance of common stock as Merger consideration (Note 1) (Note 11) $ (70.9)       38.9 $ 326.7     $ (436.5)  
Retirement of treasury shares, treasury stock value (Note 11)     $ (0.1)   (1,284.0)       $ (1,284.1)  
Retirement of treasury shares (Note 11)   (12,799,999) (40,283,936)              
Retirement of treasury shares, share (Note 11)                 53,083,935  
Issuance of common stock related to exercises of options and vesting of RSUs, shares     837,374              
Repurchase of common stock under share repurchase program (2,800,000)     3,037,959         (2,808,080) (26,823,683)
Repurchase of common stock under share repurchase program, value (Note 11) $ (40.0)               $ (40.0)  
Withholding taxes on net share settlements of equity awards (2.9)       (2.9)          
Stock-based compensation 32.7       32.7          
Ending balance at Jun. 30, 2025 627.0   $ 0.1   411.7   301.8 (46.6) $ (40.0)  
Ending balance, shares at Jun. 30, 2025   0 118,858,327              
Ending balance, shares at Jun. 30, 2025                 (2,808,080)  
Beginning balance at Dec. 31, 2025 $ 644.9   $ 0.1   460.3   316.6 (41.9) $ (90.2)  
Beginning balance, shares at Dec. 31, 2025 114,472,043   120,577,305              
Beginning balance, shares at Dec. 31, 2025 6,105,262               (6,105,262)  
Net Income (Loss) $ (10.0)           (10.0)      
Other comprehensive income (loss), net of tax $ (9.6)             (9.6)    
Issuance of common stock related to exercises of options and vesting of RSUs, shares     2,636,438              
Repurchase of common stock under share repurchase program 0                  
Withholding taxes on net share settlements of equity awards $ (7.5)       (7.5)          
Stock-based compensation 44.7       44.7          
Ending balance at Jun. 30, 2026 $ 662.5   $ 0.1   497.5   306.6 (51.5) $ (90.2)  
Ending balance, shares at Jun. 30, 2026 117,108,481   123,213,743              
Ending balance, shares at Jun. 30, 2026 6,105,262               (6,105,262)  
Beginning balance at Mar. 31, 2026 $ 623.7   $ 0.1   478.1   284.2 (48.5) $ (90.2)  
Beginning balance, shares at Mar. 31, 2026     122,399,761              
Beginning balance, shares at Mar. 31, 2026                 (6,105,262)  
Net Income (Loss) 22.4           22.4   $ 0.0  
Other comprehensive income (loss), net of tax $ (3.0)             (3.0)    
Issuance of common stock related to exercises of options and vesting of RSUs, shares     813,982              
Repurchase of common stock under share repurchase program 0                  
Withholding taxes on net share settlements of equity awards $ (2.0)       (2.0)          
Stock-based compensation 21.4       21.4          
Ending balance at Jun. 30, 2026 $ 662.5   $ 0.1   $ 497.5   $ 306.6 $ (51.5) $ (90.2)  
Ending balance, shares at Jun. 30, 2026 117,108,481   123,213,743              
Ending balance, shares at Jun. 30, 2026 6,105,262               (6,105,262)