v3.26.3
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Millions
Total
Common Stock
APIC
AOCI
Retained earnings (deficit)
Beginning balance, Stockholders' Equity (in shares) at Dec. 31, 2024   342,027,974      
Beginning balance, Stockholders' Equity at Dec. 31, 2024 $ 1,693.5 $ 3.4 $ 1,362.9 $ 14.8 $ 312.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon vesting of RSUs (in shares)   1,417,178      
Shares withheld related to net share settlement (in shares)   (502,692)      
Shares withheld related to net share settlement (5.4)   (5.4)    
Repurchase of common stock (in shares)   (8,598,274)      
Repurchase of common stock (95.9) $ (0.1) (95.8)    
Net income (loss) 26.8       26.8
Other comprehensive income (loss) (3.6)     (3.6)  
Equity-based compensation expense 30.7   30.7    
Ending balance, Stockholders' Equity (in shares) at Mar. 31, 2025   334,344,186      
Ending balance, Stockholders' Equity at Mar. 31, 2025 1,646.1 $ 3.3 1,292.4 11.2 339.2
Beginning balance, Stockholders' Equity (in shares) at Dec. 31, 2024   342,027,974      
Beginning balance, Stockholders' Equity at Dec. 31, 2024 1,693.5 $ 3.4 1,362.9 14.8 312.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 89.5        
Other comprehensive income (loss) (9.3)        
Ending balance, Stockholders' Equity (in shares) at Sep. 30, 2025   313,766,648      
Ending balance, Stockholders' Equity at Sep. 30, 2025 1,530.5 $ 3.0 1,120.1 5.5 401.9
Beginning balance, Stockholders' Equity (in shares) at Mar. 31, 2025   334,344,186      
Beginning balance, Stockholders' Equity at Mar. 31, 2025 1,646.1 $ 3.3 1,292.4 11.2 339.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon vesting of RSUs (in shares)   2,155,151      
Shares withheld related to net share settlement (in shares)   (61,113)      
Shares withheld related to net share settlement (0.6)   (0.6)    
Repurchase of common stock (in shares)   (15,876,573)      
Repurchase of common stock (147.6) $ (0.2) (147.4)    
Net income (loss) 24.0       24.0
Other comprehensive income (loss) (1.4)     (1.4)  
Equity-based compensation expense 31.5   31.5    
Ending balance, Stockholders' Equity (in shares) at Jun. 30, 2025   320,561,651      
Ending balance, Stockholders' Equity at Jun. 30, 2025 1,552.0 $ 3.1 1,175.9 9.8 363.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon vesting of RSUs (in shares)   1,533,906      
Shares withheld related to net share settlement (in shares)   (45,865)      
Shares withheld related to net share settlement (0.5)   (0.5)    
Repurchase of common stock (in shares)   (8,283,044)      
Repurchase of common stock (87.4) $ (0.1) (87.3)    
Net income (loss) 38.7       38.7
Other comprehensive income (loss) (4.3)     (4.3)  
Equity-based compensation expense 32.0   32.0    
Ending balance, Stockholders' Equity (in shares) at Sep. 30, 2025   313,766,648      
Ending balance, Stockholders' Equity at Sep. 30, 2025 $ 1,530.5 $ 3.0 1,120.1 5.5 401.9
Beginning balance, Stockholders' Equity (in shares) at Dec. 31, 2025 307,293,985 307,293,985      
Beginning balance, Stockholders' Equity at Dec. 31, 2025 $ 1,508.7 $ 3.0 1,068.1 1.0 436.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon vesting of RSUs (in shares)   1,995,507      
Shares withheld related to net share settlement (in shares)   (110,159)      
Shares withheld related to net share settlement (0.9)   (0.9)    
Repurchase of common stock (in shares)   (13,099,790)      
Repurchase of common stock (91.2) $ (0.1) (91.1)    
Net income (loss) 29.3       29.3
Other comprehensive income (loss) 0.8     0.8  
Equity-based compensation expense 26.9   26.9    
Ending balance, Stockholders' Equity (in shares) at Mar. 31, 2026   296,079,543      
Ending balance, Stockholders' Equity at Mar. 31, 2026 $ 1,473.6 $ 2.9 1,003.0 1.8 465.9
Beginning balance, Stockholders' Equity (in shares) at Dec. 31, 2025 307,293,985 307,293,985      
Beginning balance, Stockholders' Equity at Dec. 31, 2025 $ 1,508.7 $ 3.0 1,068.1 1.0 436.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) (612.2)        
Other comprehensive income (loss) $ 4.7        
Ending balance, Stockholders' Equity (in shares) at Sep. 30, 2026 291,993,252 291,993,252      
Ending balance, Stockholders' Equity at Sep. 30, 2026 $ 852.7 $ 2.9 1,019.7 5.7 (175.6)
Beginning balance, Stockholders' Equity (in shares) at Mar. 31, 2026   296,079,543      
Beginning balance, Stockholders' Equity at Mar. 31, 2026 1,473.6 $ 2.9 1,003.0 1.8 465.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon vesting of RSUs (in shares)   2,585,598      
Shares withheld related to net share settlement (in shares)   (99,321)      
Shares withheld related to net share settlement (0.6)   (0.6)    
Repurchase of common stock (in shares)   (6,253,513)      
Repurchase of common stock (28.3)   (28.3)    
Net income (loss) (643.7)       (643.7)
Other comprehensive income (loss) 1.7     1.7  
Equity-based compensation expense 26.0   26.0    
Ending balance, Stockholders' Equity (in shares) at Jun. 30, 2026   292,312,307      
Ending balance, Stockholders' Equity at Jun. 30, 2026 828.7 $ 2.9 1,000.1 3.5 (177.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon vesting of RSUs (in shares)   2,424,514      
Shares withheld related to net share settlement (in shares)   (193,920)      
Shares withheld related to net share settlement (0.6)   (0.6)    
Repurchase of common stock (in shares)   (2,549,649)      
Repurchase of common stock (7.5) $ 0.0 (7.5)    
Net income (loss) 2.2       2.2
Other comprehensive income (loss) 2.2     2.2  
Equity-based compensation expense $ 27.7   27.7    
Ending balance, Stockholders' Equity (in shares) at Sep. 30, 2026 291,993,252 291,993,252      
Ending balance, Stockholders' Equity at Sep. 30, 2026 $ 852.7 $ 2.9 $ 1,019.7 $ 5.7 $ (175.6)