Financial Instruments and Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Interest Rate Derivatives

	March 19, 2019 Interest Rate Swap
Effective date	March 29, 2019
Termination date	March 28, 2024
Term	5 years
Notional amount	$130.0
Fixed swap rate	2.43%

The fair value of the interest rate swaps classified as Level 2 as of December 31, 2022 and 2021, were as follows:

	Balance Sheet Location	December 31, 2022		December 31, 2021
Interest rate swap assets	Prepaid expenses and other current assets	$	3.8	$	—
Interest rate swap liabilities	Other current liabilities	—		(0.7)
Interest rate swap liabilities	Other long-term liabilities	—		(4.4)

The key terms of the interest rate collars are as follows:

	December 12, 2022 Interest Rate Collar	December 14, 2022 Interest Rate Collar
Effective date	February 1, 2023	February 1, 2023
Termination date	October 30, 2026	October 31, 2025
Term	45 Months	33 Months
Notional amount	$75.0	$75.0
Floor Rate	2.09%	2.25%
Ceiling Rate	5.00%	5.00%

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The cash flows associated with the interest rate swaps have been recognized as an adjustment to interest expense in the consolidated statements of operations:

	Year Ended December 31,
	2022		2021
Cash Flow Impacts
Net interest paid	$	1.7	$	7.6
Impacts with Swaps as Nonhedging Instruments
Income recognized in interest expense excluded from hedge effectiveness assessments	$	(9.0)	$	(9.3)
Amounts reclassified out of accumulated other comprehensive loss to interest expense	3.4		7.1
Net interest expense	1.7		7.6
Total impact of swaps to interest expense	$	(3.9)	$	5.4