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Net Income per Common Share (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2023 and 2022 (unaudited) was as follows:

 

 

Three Months Ended

 

Nine Months Ended

 

(millions, except share and per share data)

 

September 30, 2023

 

 

September 30, 2022

 

September 30, 2023

 

 

September 30, 2022

 

Net income attributable to SP Plus Corporation

 

$

9.2

 

 

$

14.3

 

$

29.9

 

 

$

40.4

 

Basic weighted average common shares outstanding

 

 

19,649,611

 

 

 

20,744,813

 

 

19,660,930

 

 

 

21,054,095

 

Dilutive impact of share-based awards

 

 

260,697

 

 

 

232,854

 

 

213,235

 

 

 

169,887

 

Diluted weighted average common shares outstanding

 

 

19,910,308

 

 

 

20,977,667

 

 

19,874,165

 

 

 

21,223,982

 

Net income per common share

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.47

 

 

$

0.69

 

$

1.52

 

 

$

1.92

 

Diluted

 

$

0.46

 

 

$

0.68

 

$

1.50

 

 

$

1.90