Revenue (Tables)

9 Months Ended

Sep. 30, 2024

Revenue Recognition [Abstract]

Schedule of Disaggregation of Revenue between Tech-Enabled Services, Software Solutions and Print and Distribution by Reportable Segment

The following tables disaggregate revenue between tech-enabled services, software solutions and print and distribution by reportable segment:

	Three Months Ended September 30,
	2024								2023
	Tech-enabled Services		Software Solutions		Print and Distribution		Total		Tech-enabled Services		Software Solutions		Print and Distribution		Total
Capital Markets - Software Solutions	$	—	$	53.3	$	—	$	53.3	$	—	$	46.5	$	—	$	46.5
Capital Markets - Compliance and Communications Management		55.6		—		7.9		63.5		60.7		—		9.4		70.1
Investment Companies - Software Solutions		—		28.9		—		28.9		—		26.7		—		26.7
Investment Companies - Compliance and Communications Management		19.6		—		14.2		33.8		19.7		—		17.0		36.7
Total net sales	$	75.2	$	82.2	$	22.1	$	179.5	$	80.4	$	73.2	$	26.4	$	180.0

	Nine Months Ended September 30,
	2024								2023
	Tech-enabled Services		Software Solutions		Print and Distribution		Total		Tech-enabled Services		Software Solutions		Print and Distribution		Total
Capital Markets - Software Solutions	$	—	$	163.6	$	—	$	163.6	$	—	$	137.9	$	—	$	137.9
Capital Markets - Compliance and Communications Management		202.9		—		65.5		268.4		205.4		—		81.7		287.1
Investment Companies - Software Solutions		—		84.5		—		84.5		—		81.1		—		81.1
Investment Companies - Compliance and Communications Management		57.4		—		51.7		109.1		57.9		—		56.7		114.6
Total net sales	$	260.3	$	248.1	$	117.2	$	625.6	$	263.3	$	219.0	$	138.4	$	620.7

Changes in Contract Liabilities

Contract liabilities consist of deferred revenue and progress billings, which are included in accrued liabilities on the Unaudited Condensed Consolidated Balance Sheets. The Company recognized $7.6 million and $6.3 million of revenue during the three months ended September 30, 2024 and 2023, respectively, that was included in the deferred revenue balances at the beginning of the respective periods. The Company recognized $35.9 million and $38.0 million of revenue during the nine months ended September 30, 2024 and 2023, respectively, that was included in the deferred revenue balances at the beginning of the respective periods. Changes in contract liabilities were as follows:

	September 30,
	2024			2023
Balance, beginning of year	$	46.8		$	46.1
Deferral of revenue		154.5			121.3
Revenue recognized		(144.6	)		(113.2	)
Balance, end of period	$	56.7		$	54.2