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Net Income per Common Share (Tables)
6 Months Ended
Jun. 30, 2023
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 six months ended June 30, 2023 and 2022 (unaudited) was as follows:

 

 

Three Months Ended

 

Six Months Ended

 

(millions, except share and per share data)

 

June 30, 2023

 

 

June 30, 2022

 

June 30, 2023

 

 

June 30, 2022

 

Net income attributable to SP Plus Corporation

 

$

12.3

 

 

$

15.4

 

$

20.7

 

 

$

26.1

 

Basic weighted average common shares outstanding

 

 

19,631,772

 

 

 

21,195,819

 

 

19,666,684

 

 

 

21,211,299

 

Dilutive impact of share-based awards

 

 

208,181

 

 

 

160,645

 

 

187,216

 

 

 

136,143

 

Diluted weighted average common shares outstanding

 

 

19,839,953

 

 

 

21,356,464

 

 

19,853,900

 

 

 

21,347,442

 

Net income per common share

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.63

 

 

$

0.73

 

$

1.05

 

 

$

1.23

 

Diluted

 

$

0.62

 

 

$

0.72

 

$

1.04

 

 

$

1.22