XML 88 R77.htm IDEA: XBRL DOCUMENT v3.23.1
Temporary Equity, Equity and Dividends (Narrative) (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended
Mar. 20, 2023
Mar. 15, 2023
Feb. 01, 2023
Jan. 22, 2023
Jan. 03, 2023
May 10, 2023
Mar. 31, 2023
Mar. 31, 2022
Mar. 03, 2023
Dec. 31, 2022
Dividends Payable [Line Items]                    
Common stock, unlimited shares authorized             Unlimited      
Issuance of common stock             $ 15.0      
Preferred Stock, preferential dividends             4.3      
Preferred Stock dividends paid   $ 3.1                
Dividends accrued and unpaid             1.2      
Participating dividends accrued and unpaid                 $ 1.8  
Gain (Loss) from intra-entity foreign currency transactions             $ 1.3 $ (0.9)    
Special Dividend [Member]                    
Dividends Payable [Line Items]                    
Dividends declared (USD per share)             $ 1.0800      
Securities Purchase Agreement [Member]                    
Dividends Payable [Line Items]                    
Initial conversion price     $ 73.00              
Starboard Value LP and certain of its affiliates | Securities Purchase Agreement [Member]                    
Dividends Payable [Line Items]                    
Issuance of common stock     $ 15.0              
Shares issued for business combination [Member]                    
Dividends Payable [Line Items]                    
Share capital from additional paid-in capital             $ 0.3    
Unrecognized share based continuing employment costs             $ 2.4 $ 3.2    
Unrecognized share based continuing employment costs, weighted average period for recognition             10 months 24 days      
VeriTread                    
Dividends Payable [Line Items]                    
Non-controlling interest, percentage         4.00%          
Series A Senior Preferred Shares [Member]                    
Dividends Payable [Line Items]                    
Temporary equity, authorized shares             485,000,000      
Issuance of redeemable convertible preferred stock             $ 482.0      
Series A Senior Preferred Shares [Member] | Starboard Value LP and certain of its affiliates | Securities Purchase Agreement [Member]                    
Dividends Payable [Line Items]                    
Issuance of redeemable convertible preferred stock     $ 485.0              
Initial preferred dividend, percentage     5.50%              
Participating dividends     $ 0.27              
Increase in preferred dividend rate in fourth anniversary, percentage     7.50%              
Spread on variable rate, percentage     6.00%              
Increase in preferred dividend rate in ninth anniversary, percentage     10.50%              
Notice term for redemption of preferred shares     45 days              
Redemption price, percentage     100.00%              
Subsequent Event                    
Dividends Payable [Line Items]                    
Dividends declared (USD per share)           $ 0.27        
Dividends payable date           Jun. 20, 2023        
Dividends, date of record           May 30, 2023        
IAA, Inc [Member]                    
Dividends Payable [Line Items]                    
Cash consideration $ 1,714.2     $ 1,700.0            
VeriTread                    
Dividends Payable [Line Items]                    
Prior holdings of issued and outstanding shares, percent         11.00%          
Voting equity interests owned including previous interest, percentage         75.00%          
Cash consideration         $ 28.1          
Remaining units ownership interest, percentage         21.00%