Quarterly report [Sections 13 or 15(d)]

Supplemental balance sheet information (Tables)

v3.25.1
Supplemental balance sheet information (Tables)
3 Months Ended
Mar. 31, 2025
Balance Sheet Related Disclosures [Abstract]  
Summary of 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

 

Summary of 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

 

Summary of 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