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Net Income per Common Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income per Common Share and Reconciliation of Weighted Average Shares

Basic and diluted net income per common share and a reconciliation of the weighted average basic common shares outstanding to the weighted average diluted common shares outstanding during the three and nine months ended September 30, 2022 and 2021 (unaudited) was as follows:

 

 

Three Months Ended

 

Nine Months Ended

 

(millions, except share and per share data)

 

September 30, 2022

 

 

September 30, 2021

 

September 30, 2022

 

 

September 30, 2021

 

Net income attributable to SP Plus Corporation

 

$

14.3

 

 

$

11.5

 

$

40.4

 

 

$

22.8

 

Basic weighted average common shares outstanding

 

 

20,744,813

 

 

 

21,184,583

 

 

21,054,095

 

 

 

21,158,667

 

Dilutive impact of share-based awards

 

 

232,854

 

 

 

215,803

 

 

169,887

 

 

 

206,615

 

Diluted weighted average common shares outstanding

 

 

20,977,667

 

 

 

21,400,386

 

 

21,223,982

 

 

 

21,365,282

 

Net income per common share

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.69

 

 

$

0.54

 

$

1.92

 

 

$

1.08

 

Diluted

 

$

0.68

 

 

$

0.54

 

$

1.90

 

 

$

1.07