Annual report pursuant to Section 13 and 15(d)

Property, Plant, and Equipment, Net (Tables)

v3.22.4
Property, Plant, and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
Property, plant and equipment, net consist of the following (in millions):
Successor Predecessor
  Depreciable
Lives
  December 31, 2022 December 31, 2021 June 30, 2021
Land, buildings, and leasehold improvements
3-39 years
  $ 46.5  $ 45.0  $ 44.4 
Machinery and equipment
5-15 years
  33.6  26.7  49.6 
Badges
3-5 years
  33.4  27.9  38.9 
Furniture, fixtures, computer equipment and other
3-10 years
  25.8  16.7  33.6 
Construction in progress   15.9  12.2  13.6 
      155.2  128.5  180.1 
Less: accumulated depreciation and amortization     (30.9) (4.5) (91.3)
      $ 124.3  $ 124.0  $ 88.8 
Schedule of Depreciation Expense
Total depreciation expense included in costs of revenues and operating expenses was as follows (in millions):
Successor Predecessor
Fiscal Year Ended
December 31, 2022
From October 20, 2021 through December 31, 2021 From July 1, 2021 through
October 19, 2021
Fiscal Year Ended
June 30, 2021
Fiscal Year Ended
June 30, 2020
Depreciation expense in:
Cost of revenues $ 18.0  $ 3.5  $ 3.9  $ 14.0  $ 12.7 
Operating expenses $ 10.1  $ 1.7  $ 2.1  $ 6.8  $ 5.2