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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 24.6 $ 12.4
Accounts receivable, net 179.0 167.7
Prepaid expenses and other current assets 13.2 16.7
Total current assets 216.8 196.8
Property and equipment, net 65.2 60.2
Right-of-use assets 170.7 166.9
Goodwill 543.6 543.2
Other intangible assets, net 63.5 68.9
Deferred taxes 42.9 44.4
Other noncurrent assets, net 43.6 41.0
Total noncurrent assets 929.5 924.6
Total assets 1,146.3 1,121.4
Liabilities    
Accounts payable 136.6 133.4
Accrued and other current liabilities 117.7 137.6
Short-term lease liabilities 57.3 60.2
Current portion of long-term borrowings 13.5 12.4
Total current liabilities 325.1 343.6
Long-term borrowings, excluding current portion 352.2 331.8
Long-term lease liabilities 156.3 158.5
Other noncurrent liabilities 71.3 61.8
Total noncurrent liabilities 579.8 552.1
Total liabilities 904.9 895.7
Stockholders’ equity    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized as of June 30, 2023 and December 31, 2022, respectively; no shares issued or outstanding 0.0 0.0
Common stock, par value $0.001 per share; 50,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 23,444,353 and 19,649,611 shares issued and outstanding as of June 30, 2023, respectively, and 23,276,329 and 19,767,287 shares issued and outstanding as of December 31, 2022, respectively 0.0 0.0
Treasury stock, at cost; 3,794,742 and 3,509,042 shares as of June 30, 2023 and December 31, 2022, respectively (130.5) (120.0)
Additional paid-in capital 278.5 274.2
Accumulated other comprehensive loss (1.1) (1.8)
Retained earnings 94.3 73.6
Total SP Plus Corporation stockholders’ equity 241.2 226.0
Noncontrolling interests 0.2 (0.3)
Total stockholders’ equity 241.4 225.7
Total liabilities and stockholders’ equity $ 1,146.3 $ 1,121.4