|
2. SUPPLEMENTAL BALANCE SHEET INFORMATION
Inventories
Inventories are comprised of the following:
|
|
|
|
|
|
|
|
|
|
|
March 31,
2025 |
|
|
December 31,
2024 |
|
Raw materials and supplies |
|
$ |
15.0 |
|
|
$ |
16.2 |
|
Work in process |
|
|
20.2 |
|
|
|
19.7 |
|
Finished products and parts |
|
|
164.9 |
|
|
|
165.2 |
|
Total |
|
$ |
200.1 |
|
|
$ |
201.1 |
|
Accrued Expenses
Accrued expenses are comprised of the following:
|
|
|
|
|
|
|
|
|
|
|
March 31,
2025 |
|
|
December 31,
2024 |
|
Employee compensation and benefits |
|
$ |
35.6 |
|
|
$ |
22.9 |
|
Sales, use, and property taxes |
|
|
14.7 |
|
|
|
21.0 |
|
Insurance |
|
|
13.9 |
|
|
|
13.2 |
|
Interest |
|
|
6.2 |
|
|
|
6.1 |
|
Income taxes |
|
|
2.2 |
|
|
|
1.9 |
|
Other |
|
|
2.4 |
|
|
|
2.1 |
|
Total accrued expenses |
|
$ |
75.0 |
|
|
$ |
67.2 |
|
Other Current Liabilities
Other current liabilities are comprised of the following:
|
|
|
|
|
|
|
|
|
|
|
March 31,
2025 |
|
|
December 31,
2024 |
|
Acquired unfavorable contracts |
|
$ |
1.9 |
|
|
$ |
7.6 |
|
Accrued supply commitment charges |
|
|
12.6 |
|
|
|
12.6 |
|
Munger make-whole liability |
|
|
— |
|
|
|
8.6 |
|
Accrued legal contingencies |
|
|
5.5 |
|
|
|
7.1 |
|
Deferred revenue |
|
|
3.4 |
|
|
|
7.4 |
|
Tax receivable agreement obligation |
|
|
3.3 |
|
|
|
3.3 |
|
Other |
|
|
9.6 |
|
|
|
10.0 |
|
Total other current liabilities |
|
$ |
36.3 |
|
|
$ |
56.6 |
|
|