v3.26.3
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 53.4 $ 63.0
Accounts receivable, net 43.8 47.7
Inventories 29.1 30.6
Income tax receivable 7.4 1.9
Prepaid expenses and other current assets 11.2 10.6
Total current assets 144.9 153.8
Property, plant and equipment, net 134.7 138.7
Operating lease right-of-use assets, net 23.0 24.0
Goodwill 453.1 457.2
Intangible assets, net 268.1 291.8
Deferred tax assets 0.4 0.4
Other assets 67.7 59.0
Total assets 1,091.9 1,124.9
Current liabilities    
Accounts payable 31.9 36.7
Accrued liabilities and other 24.1 23.9
Current portion of long-term debt 9.0 5.5
Operating lease liabilities, current 4.4 3.9
Deferred revenue 11.6 14.0
Total current liabilities 81.0 84.0
Long-term debt 399.1 396.4
Deferred tax liabilities 48.0 50.7
Derivative instruments 25.9 33.4
Operating lease liabilities, non-current 22.4 24.2
Other liabilities 1.6 1.3
Total liabilities 578.0 590.0
Commitments and contingencies – Note 13
Shareholders’ equity    
Class A common stock, $0.0001 par, 200,000,000 shares authorized at September 30, 2026 and December 31, 2025; shares issued and outstanding: 85,772,628 and 84,385,870 at September 30, 2026 and December 31, 2025, respectively 0.0 0.0
Additional paid-in capital 729.4 722.3
Accumulated deficit (208.9) (183.6)
Accumulated other comprehensive loss (6.6) (3.8)
Total shareholders’ equity 513.9 534.9
Total liabilities and shareholders’ equity $ 1,091.9 $ 1,124.9