v3.26.3
Assets Held for Sale and Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Assets and Liabilities Held for Sale Related to Divestment The following table summarizes the carrying amounts of the major classes of assets and liabilities classified as held for sale in
the Condensed Consolidated Balance Sheets as of the periods indicated:
September 30, 2026
December 31, 2025
ASSETS
Accounts receivable, net
$54.3
$124.9
Prepaid expenses
13.0
15.0
Other current assets
3.3
2.9
Current assets held for sale
$70.6
$142.8
Property and equipment, net
1.0
0.7
Other intangible assets, net
484.0
492.2
Goodwill
193.9
477.8
Other non-current assets
8.0
8.2
Deferred income taxes
0.8
1.1
Operating lease right-of-use assets
2.1
1.2
Valuation allowance on disposal group classified as held for sale
(10.1)
–
Non-current assets held for sale
$679.7
$981.2
LIABILITIES
Accounts payable
$6.0
$11.8
Accrued compensation
24.1
32.1
Accrued expenses and other current liabilities
10.3
13.0
Current portion of deferred revenues
103.7
141.2
Current portion of operating lease liability
0.4
0.6
Current liabilities held for sale
$144.5
$198.7
Other non-current liabilities
5.0
5.1
Deferred income taxes
9.0
10.3
Operating lease liabilities
1.8
0.6
Non-current liabilities held for sale
$15.8
$16.0
The following table summarizes the financial results of our discontinued operations, presented as Income (loss) from
discontinued operations in the Condensed Consolidated Statements of Operations for the periods indicated:
Three Months Ended September 30,
Nine Months Ended September 30,
2026
2025
2026
2025
Revenues
$86.3
$92.8
$268.3
$291.5
Operating expenses:
Cost of revenues
35.5
39.7
109.7
117.5
Selling, general and administrative costs
30.4
24.3
75.6
76.3
Depreciation and amortization
–
23.2
47.3
68.9
Goodwill and intangible asset impairments
62.2
–
283.9
–
Loss on classification as held for sale
10.1
–
10.1
–
Restructuring costs
0.4
4.0
4.1
11.6
Other operating expense (income), net
(0.1)
3.5
1.2
2.2
Total operating expenses
138.5
94.7
531.9
276.5
Provision (benefit) for income taxes
2.2
1.5
3.7
5.9
Income (loss) from discontinued operations, net of taxes
$(54.4)
$(3.4)
$(267.3)
$9.1
The following table presents depreciation and amortization, capital expenditures, and other significant noncash operating and
investing activities, as applicable, from discontinued operations that are included in the accompanying Condensed
Consolidated Statements of Cash Flows:
Nine Months Ended September 30,
2026
2025
Depreciation and amortization
$47.3
$68.9
Capital expenditures
40.9
43.9
Goodwill and intangible asset impairments
283.9
–
Loss on classification as held for sale
10.1
–
Share-based compensation
8.2
8.5