v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (32.4) $ (47.8)
Adjustments to reconcile net loss to net cash flows provided by (used in) operating activities    
Depreciation and amortization 42.7 48.4
Impairment and other charges 0.5 0.0
Non-cash compensation 0.9 1.4
Amortization of deferred financing fees 3.0 1.2
Provision for inventory reserve 0.3 0.6
Change in allowance for credit losses 0.5 0.4
Gain on disposal of property, equipment and other (4.1) (3.8)
Non-cash interest expense 15.0 7.1
(Gain) loss on debt extinguishment (0.3) 1.2
Bargain purchase gain (6.5) 0.0
Deferred taxes (1.8) 0.0
Other (0.4) 0.6
Changes in operating assets and liabilities:    
Accounts receivable (11.8) (9.5)
Inventories (1.5) (2.0)
Prepaid expenses and other current and non-current assets (1.0) 0.8
Accounts payable 1.3 (3.8)
Other current and non-current liabilities 6.4 (13.3)
Net cash flows provided by (used in) operating activities 10.8 (18.5)
Cash flows from investing activities:    
Purchases of property and equipment (17.3) (27.7)
Proceeds from sale of property and equipment 5.6 6.4
Wolf Pack Acquisition (13.5) 0.0
Net cash flows used in investing activities (25.2) (21.3)
Cash flows from financing activities:    
Proceeds from stock issuance, net of costs (0.1) 0.6
Borrowings under 2028 ABL Facility 114.9 62.0
Proceeds from issuance of 2030 Senior Notes and warrants 0.0 225.2
Payments on finance lease obligations (11.0) (10.6)
Proceeds from note payable 13.2 5.7
Payments of debt issuance costs 0.0 (8.5)
Change in financed payables (2.8) (2.8)
Other (0.2) (0.4)
Net cash flows provided by (used in) financing activities 16.6 (34.5)
Net change in cash and cash equivalents 2.2 (74.3)
Cash and cash equivalents, beginning of period 5.7 91.6
Cash and cash equivalents and restricted cash, end of period 7.9 17.3
Cash paid during period for:    
Income taxes paid, net of refunds 0.2 1.0
Interest 6.1 14.9
Supplemental schedule of non-cash activities:    
Accrued capital expenditures 11.8 12.0
Non-cash interest expense (paid in kind) 15.0 7.1
Debt-for-equity exchanges 2.2 0.0
Prior ABL Facility    
Cash flows from financing activities:    
Repayments on ABL Facility 0.0 (50.0)
2028 ABL Facility    
Cash flows from financing activities:    
Repayments on ABL Facility (94.9) (17.0)
2025 Senior Notes    
Cash flows from financing activities:    
Repayments of Senior Notes 0.0 (236.3)
2030 Senior Notes    
Cash flows from financing activities:    
Repayments of Senior Notes (2.5) $ (2.4)
Supplemental schedule of non-cash activities:    
Debt-for-equity exchanges $ 2.2