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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 19.1 $ 12.4
Accounts receivable, net 180.5 167.7
Prepaid expenses and other current assets 12.6 16.7
Total current assets 212.2 196.8
Property and equipment, net 68.3 60.2
Right-of-use assets 179.4 166.9
Goodwill 544.6 543.2
Other intangible assets, net 59.7 68.9
Deferred income taxes 42.8 44.4
Other noncurrent assets 44.9 41.0
Total noncurrent assets 939.7 924.6
Total assets 1,151.9 1,121.4
Liabilities    
Accounts payable 136.6 133.4
Accrued and other current liabilities 128.1 137.6
Short-term lease liabilities 56.2 60.2
Current portion of long-term borrowings 16.5 12.4
Total current liabilities 337.4 343.6
Long-term borrowings, excluding current portion 335.6 331.8
Long-term lease liabilities 158.0 158.5
Other noncurrent liabilities 70.2 61.8
Total noncurrent liabilities 563.8 552.1
Total liabilities 901.2 895.7
Stockholders' equity    
Preferred Stock, par value $0.01 per share; 5,000,000 shares authorized as of December 31, 2023 and 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 December 31, 2023 and 2022; 23,593,626 and 19,798,884 shares issued and outstanding as of December 31, 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 December 31, 2023 and December 31, 2022, respectively (130.5) (120.0)
Additional paid-in capital 277.9 274.2
Accumulated other comprehensive loss (1.3) (1.8)
Retained earnings 104.7 73.6
Total SP Plus Corporation stockholders' equity 250.8 226.0
Noncontrolling interests (0.1) (0.3)
Total stockholders' equity 250.7 225.7
Total liabilities and stockholders' equity $ 1,151.9 $ 1,121.4