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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 30.8 $ 18.7
Notes and accounts receivable, net 106.6 105.1
Prepaid expenses and other 22.5 13.9
Deferred taxes 12.3 12.3
Total current assets 172.2 150.0
Leasehold improvements, equipment, land and construction in progress, net 32.4 34.6
Other assets    
Advances and deposits 4.4 5.0
Other intangible assets, net 72.1 75.9
Favorable acquired lease contracts, net 35.9 38.1
Equity investments in unconsolidated entities 18.8 19.0
Other assets, net 18.4 18.3
Cost of contracts, net 10.6 11.9
Goodwill 431.5 431.3
Total other assets 591.7 599.5
Total assets 796.3 784.1
Liabilities and stockholders’ equity    
Accounts payable 100.1 95.1
Accrued rent 21.9 22.9
Compensation and payroll withholdings 22.3 21.0
Property, payroll and other taxes 7.7 8.6
Accrued insurance 19.9 19.4
Accrued expenses 25.3 25.4
Current portion of obligations under Restated Credit Facility and other long-term borrowings 16.5 15.2
Total current liabilities 213.7 207.6
Deferred taxes 0.0 0.0
Long-term borrowings, excluding current portion    
Obligations under Restated Credit Facility 217.4 209.4
Other long-term borrowings 0.4 0.5
Long-term borrowings, excluding current portion 217.8 209.9
Unfavorable acquired lease contracts, net 47.7 50.3
Other long-term liabilities 67.5 66.2
Total noncurrent liabilities 333.0 326.4
Stockholders' equity:    
Preferred Stock, par value $0.01 per share; 5,000,000 shares authorized as of March 31, 2016 and December 31, 2015; no shares issued 0.0 0.0
Common stock, par value $0.001 per share; 50,000,000 shares authorized as of March 31, 2016 and December 31, 2015; 22,328,578 shares issued and outstanding as of March 31, 2016 and December 31, 2015. 0.0 0.0
Additional paid-in capital 248.4 247.9
Accumulated other comprehensive loss (1.2) (1.1)
Retained earnings 2.8 2.8
Total SP Plus Corporation stockholders’ equity 250.0 249.6
Noncontrolling interest (0.4) 0.5
Total stockholders’ equity 249.6 250.1
Total liabilities and stockholders’ equity $ 796.3 $ 784.1