v3.25.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Components of Operating and Finance Lease Cost

The components of operating and finance lease cost for the years ended December 31, 2025, 2024 and 2023 as follows:

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Operating lease cost

 

$

7.6

 

 

$

7.5

 

 

$

7.3

 

Short-term lease cost

 

 

1.0

 

 

 

1.5

 

 

 

0.8

 

 

 

 

 

 

 

 

 

 

 

Finance lease cost

 

 

 

 

 

 

 

 

 

    Amortization of right-of-use assets

 

 

0.6

 

 

 

—

 

 

 

—

 

    Interest on lease liabilities

 

 

0.2

 

 

 

—

 

 

 

—

 

Total lease cost

 

$

9.4

 

 

$

9.0

 

 

$

8.1

 

Supplemental cash flow information related to leases was as follows:

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Cash paid for amounts included in the measurement of operating lease liabilities

 

$

6.3

 

 

$

6.9

 

 

$

7.1

 

Right-of-use assets obtained in exchange for operating lease obligations

 

$

5.5

 

 

$

5.5

 

 

$

5.6

 

Cash paid for amounts included in the measurement of financing lease liabilities

 

$

0.4

 

 

$

—

 

 

$

—

 

Right-of-use assets obtained in exchange for financing lease obligations

 

$

3.9

 

 

$

—

 

 

$

—

 
Future Lease Maturity

Future minimum lease payments under non-cancellable leases as of December 31, 2025 were as follows:

 

 

Operating Leases

 

 

Financing Leases

 

2026

 

$

4.5

 

 

$

0.9

 

2027

 

 

3.4

 

 

 

0.9

 

2028

 

 

2.7

 

 

 

0.9

 

2029

 

 

1.4

 

 

 

0.8

 

2030 and after

 

 

0.3

 

 

 

0.3

 

Total future minimum lease payments

 

 

12.3

 

 

 

3.8

 

    Less amount of lease payment representing interest

 

 

(0.9

)

 

 

(0.3

)

Total present value of lease payments

 

$

11.4

 

 

$

3.5