Quarterly report pursuant to Section 13 or 15(d)

Leased Assets (Tables)

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Leased Assets (Tables)
 3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Operating Lease Assets and Liabilities on Balance Sheet
The table below presents the locations of the operating lease assets and liabilities in the unaudited Condensed Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023, respectively (in millions):

Balance Sheet Line Item March 31, 2024 December 31, 2023
Operating lease assets Operating lease right-of-use assets $ 31.1  $ 32.8 
Financing lease assets Other assets $ 0.1  $ 0.1 
Operating lease liabilities:
Current operating lease liabilities Current operating lease liabilities $ 6.6  $ 6.8 
Non-current operating lease liabilities Operating lease liability, non-current 26.5  28.1 
Total operating lease liabilities: $ 33.1  $ 34.9 
Financing lease liabilities:
Current financing lease liabilities Accrued expenses and other current liabilities $ 0.1  $ 0.1 
Non-current financing lease liabilities Deferred income taxes and other long-term liabilities 0.1  0.1 
Total financing lease liabilities: $ 0.2  $ 0.2 
Schedule of Undiscounted Future Minimum Lease Payments
The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable operating leases with terms of more than one year to the total lease liabilities recognized in the unaudited Condensed Consolidated Balance Sheets as of March 31, 2024 (in millions):

Fiscal year ending December 31:
2024 $ 5.9 
2025 6.9 
2026 5.9 
2027 5.1 
2028 3.9 
       2029 and thereafter 10.2 
Total undiscounted future minimum lease payments 37.9 
Less: Imputed interest (4.8)
Total operating lease liabilities $ 33.1 
Lease, Cost
The Company’s weighted average remaining lease term and weighted average discount rate for operating leases as of March 31, 2024 and December 31, 2023, respectively, are:
March 31, 2024 December 31, 2023
Operating leases
Weighted average remaining lease term (in years) 6.5 6.6
Weighted average discount rate 4.32  % 4.32  %