Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment, Net

v3.23.1
Property, Plant and Equipment, Net
 3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Property, plant and equipment, net consist of the following (in millions):
  Depreciable
Lives		   March 31, 2023 December 31, 2022
Land, buildings, and leasehold improvements
3-39 years
   $ 47.6  $ 46.5 
Machinery and equipment
5-15 years
   34.7  33.6 
Badges
3-5 years
   34.7  33.4 
Furniture, fixtures, computer equipment and other
3-10 years
   25.7  25.8 
Construction in progress —   21.4  15.9 
      164.1  155.2 
Less: accumulated depreciation and amortization     (38.1) (30.9)
      $ 126.0  $ 124.3 
Total depreciation expense included in costs of revenues and operating expenses was as follows (in millions):
Three Months Ended
March 31,
2023 2022
Depreciation expense in:
Cost of revenues $ 4.7  $ 4.2 
Operating expenses $ 2.9  $ 1.9