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Condensed Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Total revenue $ 1,064.7 $ 512.4
Operating expenses:    
Selling, general and administrative 198.1 148.2
Acquisition-related and integration costs 12.8 126.2
Depreciation and amortization 107.7 36.2
Total operating expenses 868.2 538.5
Gain on disposition of property, plant and equipment 2.4 1.2
Operating income (loss) 198.9 (24.9)
Interest expense (63.9) (20.9)
Interest income 6.6 6.3
Other income (loss), net (0.8) 2.4
Foreign exchange loss (0.9) (0.4)
Income (loss) before income taxes 139.9 (37.5)
Income tax expense (benefit) 32.5 (9.3)
Net income (loss) 107.4 (28.2)
Net income (loss) attributable to:    
Controlling interests 107.4 (28.1)
Redeemable non-controlling interests 0.0 (0.1)
Net income (loss) 107.4 (28.2)
Net income (loss) attributable to controlling interests 107.4 (28.1)
Cumulative dividends on Series A Senior Preferred Shares (6.7) (4.3)
Allocated earnings to Series A Senior Preferred Shares (3.6) (1.8)
Net income (loss) available to common stockholders $ 97.1 $ (34.2)
Earnings (loss) per share available to common stockholders:    
Basic (usd per share) $ 0.53 $ (0.28)
Diluted (usd per share) $ 0.53 $ (0.28)
Weighted average number of shares outstanding:    
Basic (in shares) 183,059,321 120,487,251
Diluted (in shares) 184,581,054 120,487,251
Service revenue    
Revenue:    
Total revenue $ 849.1 $ 343.6
Operating expenses:    
Direct expenses 353.0 76.4
Inventory sales revenue    
Revenue:    
Total revenue 215.6 168.8
Operating expenses:    
Direct expenses $ 196.6 $ 151.5