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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 38.5 $ 12.4
Accounts receivable, net 184.4 167.7
Prepaid expenses and other current assets 13.1 16.7
Total current assets 236.0 196.8
Property and equipment, net 66.0 60.2
Right-of-use assets 173.7 166.9
Goodwill 544.2 543.2
Other intangible assets, net 62.3 68.9
Deferred income taxes 42.5 44.4
Other noncurrent assets, net 43.6 41.0
Total noncurrent assets 932.3 924.6
Total assets 1,168.3 1,121.4
Liabilities    
Accounts payable 142.7 133.4
Accrued and other current liabilities 128.9 137.6
Short-term lease liabilities 56.4 60.2
Current portion of long-term borrowings 14.7 12.4
Total current liabilities 342.7 343.6
Long-term borrowings, excluding current portion 345.1 331.8
Long-term lease liabilities 154.9 158.5
Other noncurrent liabilities 73.5 61.8
Total noncurrent liabilities 573.5 552.1
Total liabilities 916.2 895.7
Stockholders’ equity    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized as of September 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 September 30, 2023 and December 31, 2022; 23,444,353 and 19,649,611 shares issued and outstanding as of September 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 September 30, 2023 and December 31, 2022, respectively (130.5) (120.0)
Additional paid-in capital 281.1 274.2
Accumulated other comprehensive loss (2.0) (1.8)
Retained earnings 103.5 73.6
Total SP Plus Corporation stockholders’ equity 252.1 226.0
Noncontrolling interests   (0.3)
Total stockholders’ equity 252.1 225.7
Total liabilities and stockholders’ equity $ 1,168.3 $ 1,121.4