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2. SUPPLEMENTAL BALANCE SHEET INFORMATION
Inventories
Inventories are comprised of the following:
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|
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|
|
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June 30,
2025 |
|
|
December 31,
2024 |
|
Raw materials and supplies |
|
$ |
7.2 |
|
|
$ |
16.2 |
|
Work in process |
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|
18.0 |
|
|
|
19.7 |
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Finished products and parts |
|
|
155.7 |
|
|
|
165.2 |
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Total |
|
$ |
180.9 |
|
|
$ |
201.1 |
|
Accrued Expenses
Accrued expenses are comprised of the following:
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|
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June 30,
2025 |
|
|
December 31,
2024 |
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Employee compensation and benefits |
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$ |
30.4 |
|
|
$ |
22.9 |
|
Sales, use, and property taxes |
|
|
15.5 |
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|
|
21.0 |
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Insurance |
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|
15.7 |
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|
|
13.2 |
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Interest |
|
|
7.4 |
|
|
|
6.1 |
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Income taxes |
|
|
4.8 |
|
|
|
1.9 |
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Other |
|
|
3.2 |
|
|
|
2.1 |
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Total accrued expenses |
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$ |
77.0 |
|
|
$ |
67.2 |
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Other Current Liabilities
Other current liabilities are comprised of the following:
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June 30,
2025 |
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December 31,
2024 |
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Acquired unfavorable contracts |
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$ |
— |
|
|
$ |
7.6 |
|
Accrued supply commitment charges |
|
|
12.6 |
|
|
|
12.6 |
|
Munger make-whole liability |
|
|
— |
|
|
|
8.6 |
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Accrued legal contingencies |
|
|
5.5 |
|
|
|
7.1 |
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Deferred revenue |
|
|
1.4 |
|
|
|
7.4 |
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Tax receivable agreement obligation |
|
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3.4 |
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|
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3.3 |
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Other |
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10.1 |
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|
|
10.0 |
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Total other current liabilities |
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$ |
33.0 |
|
|
$ |
56.6 |
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