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Net Income per Common Share (Tables)
12 Months Ended
Dec. 31, 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 years ending December 31, 2023, 2022 and 2021 was as follows:

 

 

Year Ended December 31,

 

(millions, except share and per share data)

 

2023

 

 

2022

 

 

2021

 

Net income attributable to SP Plus Corporation

 

$

31.1

 

 

$

45.2

 

 

$

31.7

 

Basic weighted average common shares outstanding

 

 

19,670,918

 

 

 

20,809,363

 

 

 

21,166,323

 

Dilutive impact of share-based awards

 

 

110,470

 

 

 

197,705

 

 

 

213,660

 

Diluted weighted average common shares outstanding

 

 

19,781,388

 

 

 

21,007,068

 

 

 

21,379,983

 

Net income per common share

 

 

 

 

 

 

 

 

 

Basic

 

$

1.58

 

 

$

2.17

 

 

$

1.50

 

Diluted

 

$

1.57

 

 

$

2.15

 

 

$

1.48

 

There were no additional securities that could dilute basic earnings per share in the future that were not included in the computation of diluted net income per common share, other than those disclosed.