Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.25.1
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Class A Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Noncontrolling Interests
Beginning balance at Dec. 31, 2023 $ 1,269.9 $ 1.5 $ 1,225.4 $ (16.0) $ 0.3 $ 58.7
Beginning balance, Shares at Dec. 31, 2023   159,400,000        
Net income (loss) 3.0     1.8   1.2
Stock-based compensation 2.1   1.9     0.2
Tax withholding related to net share settlement of equity awards (0.1)   (0.1)      
Share issuance, shares   0.2        
Adjustment of convertible preferred stock to redemption amount (1.2)     (1.2)    
Ending balance at Mar. 31, 2024 1,273.7 $ 1.5 1,227.2 (15.4) 0.3 60.1
Ending balance, Shares at Mar. 31, 2024   159,600,000        
Beginning balance at Dec. 31, 2024 1,076.1 $ 1.5 1,241.2 (235.9) 0.1 69.2
Beginning balance, Shares at Dec. 31, 2024   160,200,000        
Net income (loss) (15.4)     (17.5)   2.1
Stock-based compensation $ 1.1   0.9     0.2
Class A shares issued for vested stock awards 0.1          
Cash settlement of vested stock awards, shares (0.1)          
Cash settlement of vested stock awards, value $ (1.0)   (1.0)      
Foreign currency translation adjustments 0.1       0.1  
Purchase of noncontrolling interest (0.3)         (0.3)
Adjustment of convertible preferred stock to redemption amount (1.3)     (1.3)    
Ending balance at Mar. 31, 2025 $ 1,059.3 $ 1.5 $ 1,241.1 $ (254.7) $ 0.2 $ 71.2
Ending balance, Shares at Mar. 31, 2025   160,200,000