Annual report pursuant to Section 13 and 15(d)

Property, Plant, and Equipment, Net

v3.22.0.1
Property, Plant, and Equipment, Net
12 Months Ended
Dec. 31, 2021
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):
Successor Predecessor
  Depreciable
Lives
  December 31, 2021 June 30, 2021 June 30, 2020
Land, buildings, and leasehold improvements
3-39 years
  $ 45.0  $ 44.4  $ 43.9 
Machinery and equipment
5-15 years
  26.7  49.6  38.9 
Badges
3-5 years
  27.9  38.9  29.4 
Furniture, fixtures, computer equipment and other
3-10 years
  16.7  33.6  27.6 
Construction in progress   12.2  13.6  7.3 
      128.5  180.1  147.1 
Less: accumulated depreciation and amortization     (4.5) (91.3) (71.9)
      $ 124.0  $ 88.8  $ 75.2 
Total depreciation expense included in costs of revenues and operating expenses was as follows (in millions):
Successor Predecessor
December 31, 2021 October 19, 2021 June 30, 2021 June 30, 2020 June 30, 2019
Depreciation expense in:
Cost of revenues $ 3.5  $ 3.9  $ 14.0  $ 12.7  $ 11.1 
Operating expenses 1.7  2.1  6.8  5.2  5.4 
Construction in progress includes capitalized internal use software costs totaling $1.7 million, $3.5 million, and $1.2 million as of December 31, 2021, June 30, 2021, and June 30, 2020 respectively.