v3.26.3
Property, Plant and Equipment, Net
 9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Property, plant and equipment, net consist of the following (in millions):
Depreciable
Lives		September 30, 2026December 31, 2025
Land, buildings, and leasehold improvements
3 - 39 years
$57.9 $58.0 
Machinery and equipment
5 - 15 years
69.9 67.8 
Badges
3 - 5 years
44.3 41.3 
Furniture, fixtures, computer equipment and other
3 - 10 years
25.9 24.7 
Software development costs
3 - 5 years
47.2 43.7 
Construction in progress (1)
—30.4 15.8 
275.6 251.3 
Less: accumulated depreciation(118.9)(96.4)
$156.7 $154.9 
(1) Includes $14.5 million and $3.9 million of Construction in progress for internally developed software as of September 30, 2026, and December 31, 2025, respectively.
Total depreciation expense included in costs of revenues and operating expenses was as follows (in millions):
Three Months Ended September 30, 2026Three Months Ended September 30, 2025Nine Months Ended September 30, 2026Nine Months Ended September 30, 2025
Depreciation expense in:
Cost of revenues$6.0 $6.4 $17.8 $17.8 
Operating expenses$2.8 $2.8 $9.6 $8.3