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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets Measured on Recurring Basis
As of June 30, 2024 and December 31, 2023, the assets and liabilities measured at fair value on a recurring basis were as set forth in the table below:
 
 
 
(In millions)
June 30, 2024Quoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents$7.4 $7.4 $— $— 
Total assets$7.4 $7.4 $— $— 
Liabilities:
Share swap transaction$0.3 $0.3 $— $— 
Forward currency contracts0.1 — 0.1 — 
Contingent payments related to acquisition4.6 — — 4.6 
Total liabilities$5.0 $0.3 $0.1 $4.6 
(In millions)December 31, 2023Quoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
Assets:
Cash equivalents$10.9 $10.9 $— $— 
Share swap transaction1.1 1.1 — — 
Total assets$12.0 $12.0 $— $— 
Liabilities:
Contingent payments related to acquisition$3.0 $— $— $3.0 
Total liabilities$3.0 $— $— $3.0 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation The following table provides a roll-forward of the contingent consideration liability, which is included in "Other long-term liabilities" as of December 31, 2023 and "Accrued expenses and other current liabilities" as of June 30, 2024 in the condensed consolidated balance sheets:
Second Quarter EndedSix Months Ended
(In millions)June 30, 2024June 30, 2024
Fair value at beginning of period$4.5 $3.0 
Adjustments to prior year acquisition— 1.3 
Change in fair value recognized in earnings0.1 0.3 
Payments— — 
Fair value at end of period$4.6 $4.6