Annual report pursuant to Section 13 and 15(d)

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details)

v3.22.4
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Oct. 19, 2021
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Deferred tax assets:            
Net operating loss carryforwards $ 19.0 $ 24.5   $ 29.2    
Federal and state credit carryforwards 10.5 13.9   14.3    
Property, plant and equipment 0.5 0.6   0.6    
Deferred and other revenue differences 7.8 8.6   4.0    
Interest carryforwards 19.1 12.1   11.2    
Other reserves and accrued expenses 14.9 15.4   15.0    
Lease liabilities 11.1 12.5   0.0    
Other assets 7.9 2.2   3.7    
Capitalized research and development 5.6 0.0   0.0    
Total deferred tax assets 96.4 89.8   78.0    
Less: valuation allowance (23.9) (20.7) $ (30.7) (29.1) $ (29.0) $ (18.7)
Total deferred tax assets 72.5 69.1   48.9    
Deferred tax liabilities:            
Purchased technologies and other intangibles (153.4) (192.1)   (75.0)    
Deferred and other revenue differences (7.4) (7.5)   (8.1)    
Property, plant and equipment (15.0) (11.9)   (3.9)    
Lease right of use assets (10.2) (11.4)   0.0    
Other liabilities (2.8) (1.4)   (1.8)    
Total deferred tax liabilities (188.8) (224.3)   (88.8)    
Net deferred tax liabilities $ (116.3) $ (155.2)   $ (39.9)