Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of other information related to operating and finance leases

Lease costs associated with yard and field offices are included in cost of services and executive offices are included in general and administrative costs in the Condensed Consolidated Statements of Operations. Lease costs and other information related to operating leases for the three and nine months ended September 30, 2023 and 2022, are as follows (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023			2022
Short-term lease costs	$	3.4	$	3.3	$	13.0		$	10.0
Operating lease costs	$	0.8	$	1.1	$	2.4		$	2.2
Operating cash outflows from operating leases	$	0.7	$	0.7	$	2.3		$	1.9
Weighted average remaining lease term					3.7 years			4.7 years
Weighted average discount rate					8.2		%	7.9		%

Lease costs and other information related to finance leases for the nine months ended September 30, 2023 and 2022, are as follows (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023			2022
Amortization of finance leases	$	1.0	$	0.5	$	2.7		$	1.5
Interest on lease liabilities	$	0.5	$	0.2	$	1.1		$	0.6
Financing cash outflows from finance leases	$	1.3	$	1.1	$	4.0		$	3.4
Weighted average remaining lease term					2.1 years			1.4 years
Weighted average discount rate					5.2		%	2.6		%

Schedule of future minimum leases payments for operating leases

Aggregate future minimum lease payments under operating leases are as follows (in millions):

For the twelve months ending September 30,	Total
2024	$	3.3
2025	3.4
2026	3.0
2027	2.3
2028	0.2
Total future minimum lease payments	12.2
Less: amount representing interest	(1.7)
Present value of future minimum lease payments	10.5
Less: current portion of operating lease obligations	(2.5)
Long-term portion of operating lease obligations	$	8.0

Schedule of future minimum leases payments for finances leases

Aggregate future minimum lease payments under finance leases are as follows (in millions):

For the twelve months ending September 30,	Total
2024	$	4.7
2025	3.3
2026	1.7
2027	0.8
Total future minimum lease payments	10.5
Less: amount representing interest	(1.2)
Present value of future minimum lease payments	9.3
Less: current portion of finance lease obligations	(4.0)
Long-term portion of finance lease obligations	$	5.3

As of September 30, 2023, aggregate future lease payments of the financing liabilities are as follows (in millions):

For the twelve months ending September 30,	Total
2024	$	0.6
2025	0.7
2026	0.7
2027	0.8
2028	0.8
Thereafter	8.1
Total future minimum lease payments	$	11.7