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INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments
The Company’s investments subject to fair value measurement consist of the following:
Cost BasisUnrealized GainFair Value
As of December 31, 2023 (Successor)
Short-term investments
Certificates of deposit$13.4 $— $13.4 
Long-term investments
Assets held in a rabbi trust$2.3 $0.6 $2.9 
As of December 31, 2022 (Predecessor)
Short-term investments
Certificates of deposit$24.6 $— $24.6 
Long-term investments:
Assets held in a rabbi trust$4.3 $0.1 $4.4