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Domestic and Foreign Operations (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Summary of revenues (excluding reimbursed management contract revenue) and gross profit by operating segment
The following is a summary of revenues (excluding reimbursed management contract revenue) and gross profit by operating segment for the years ended December 31, 2016, 2015 and 2014:
 
Year Ended December 31,
(millions)
2016
 
Gross
Margin
 
2015
 
Gross Margin
 
2014
 
Gross
Margin
Parking services revenue (a)
 

 
 

 
 

 
 
 
 

 
 

Region One
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
$
414.5

 
 

 
$
442.7

 
 
 
$
443.7

 
 

Management contracts
201.2

 
 

 
190.9

 
 
 
193.0

 
 

Total Region One
615.7

 
 

 
633.6

 
 
 
636.7

 
 

Region Two
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
124.7

 
 

 
123.8

 
 
 
48.5

 
 

Management contracts
88.1

 
 

 
100.6

 
 
 
103.3

 
 

Total Region Two
212.8

 
 

 
224.4

 
 
 
151.8

 
 

Region Three
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
5.8

 
 

 
4.4

 
 
 
2.7

 
 

Management contracts
44.5

 
 

 
44.9

 
 
 
29.8

 
 

Total Region Three
50.3

 
 

 
49.3

 
 
 
32.5

 
 

Other
 

 
 

 
 

 
 
 
 

 
 

Lease contracts

 
 

 

 
 
 
1.7

 
 

Management contracts
13.0

 
 

 
13.9

 
 
 
12.2

 
 

Total Other
13.0

 
 

 
13.9

 
 
 
13.9

 
 

Reimbursed management contract revenue
723.7

 
 

 
694.7

 
 
 
679.8

 
 

Total Revenues
$
1,615.5

 
 

 
$
1,615.9

 
 
 
$
1,514.7

 
 

Gross Profit
 

 
 

 
 

 
 
 
 

 
 

Region One
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
32.6

 
8
%
 
35.8

 
8
%
 
$
36.8

 
8
%
Management contracts
86.6

 
43
%
 
85.1

 
44
%
 
86.1

 
45
%
Total Region One
119.2

 
 

 
120.9

 
 
 
122.9

 
 

Region Two
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
5.7

 
5
%
 
5.5

 
4
%
 
3.7

 
8
%
Management contracts
25.2

 
29
%
 
24.5

 
24
%
 
26.3

 
26
%
Total Region Two
30.9

 
 

 
30.0

 
 
 
30.0

 
 

Region Three
 

 
 

 
 

 
 
 
 

 
 

 
Year Ended December 31,
(millions)
2016
 
Gross
Margin
 
2015
 
Gross Margin
 
2014
 
Gross
Margin
Lease contracts
0.8

 
14
%
 
0.3

 
7
%
 
0.2

 
9
%
Management contracts
12.7

 
29
%
 
11.4

 
26
%
 
11.8

 
40
%
Total Region Three
13.5

 
 

 
11.7

 
 
 
12.0

 
 

Region Other
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
0.3

 
%
 
(3.5
)
 
%
 
0.2

 
12
%
Management contracts
12.5

 
96
%
 
11.0

 
79
%
 
6.2

 
51
%
Total Other
12.8

 
 

 
7.5

 
 
 
6.4

 
 

Total gross profit
176.4

 
 

 
170.1

 
 
 
171.3

 
 

General and administrative expenses
90.0

 
 

 
97.3

 
 
 
101.5

 
 

General and administrative
expense percentage of gross profit
51
%
 
 

 
57
%
 
 
 
59
%
 
 

Depreciation and amortization
33.7

 
 

 
34.0

 
 
 
30.3

 
 

Operating income
52.7

 
 

 
38.8

 
 
 
39.5

 
 

Other expenses (income):
 

 
 

 
 

 
 
 
 

 
 

Interest expense
10.5

 
 

 
12.7

 
 
 
17.8

 
 

Interest income
(0.5
)
 
 

 
(0.2
)
 
 
 
(0.4
)
 
 

Gain on sale of business

 
 
 
(0.5
)
 
 
 

 
 
Gain on contribution of a
business to an unconsolidated entity

 
 

 

 
 
 
(4.1
)
 
 

Equity in losses from
investment in unconsolidated entity
0.9

 
 

 
1.7

 
 
 
0.3

 
 

Total other expenses
10.9


 


13.7





13.6

 
 
Earnings before income taxes
41.8

 
 

 
25.1

 
 
 
25.9

 
 

Income tax expense (benefit)
15.8

 
 

 
4.8

 
 
 
(0.2
)
 
 

Net income
26.0

 
 

 
20.3

 
 
 
26.1

 
 

Less: Net income attributable
to noncontrolling interest
2.9

 
 

 
2.9

 
 
 
3.0

 
 

Net income attributable
to SP Plus Corporation
$
23.1

 
 

 
$
17.4

 
 
 
$
23.1