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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 21.6 $ 22.2
Notes and accounts receivable, net 125.0 120.7
Prepaid expenses and other 11.8 13.7
Total current assets 158.4 156.6
Leasehold improvements, equipment and construction in progress, net 29.1 30.9
Other assets    
Advances and deposits 4.3 4.3
Other intangible assets, net 58.1 61.3
Favorable acquired lease contracts, net 28.0 30.0
Equity investments in unconsolidated entities 18.7 18.5
Other assets, net 16.8 16.3
Deferred taxes 18.2 17.9
Cost of contracts, net 10.9 11.4
Goodwill 431.4 431.4
Total other assets 586.4 591.1
Total assets 773.9 778.6
Liabilities and stockholders’ equity    
Accounts payable 113.9 109.9
Accrued rent 20.8 21.7
Compensation and payroll withholdings 21.9 25.7
Property, payroll and other taxes 10.1 7.6
Accrued insurance 18.4 18.1
Accrued expenses 18.1 25.5
Current portion of obligations under Restated Credit Facility and other long-term borrowings 20.4 20.4
Total current liabilities 223.6 228.9
Long-term borrowings, excluding current portion    
Obligations under Restated Credit Facility 171.3 174.5
Other long-term borrowings 0.1 0.2
Long-term borrowings, excluding current portion 171.4 174.7
Unfavorable acquired lease contracts, net 38.0 40.2
Other long-term liabilities 65.5 66.4
Total noncurrent liabilities 274.9 281.3
Stockholders' equity:    
Preferred Stock, par value $0.01 per share; 5,000,000 shares authorized as of March 31, 2017 and December 31, 2016; no shares issued 0.0 0.0
Common stock, par value $0.001 per share; 50,000,000 shares authorized as of March 31, 2017 and December 31, 2016; 22,471,041 and 22,328,578 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively. 0.0 0.0
Treasury Stock, at cost; 305,183 shares at March 31, 2017 and December 31, 2016 (7.5) (7.5)
Additional paid-in capital 252.6 251.2
Accumulated other comprehensive loss (1.5) (1.4)
Retained earnings 31.6 25.9
Total SP Plus Corporation stockholders’ equity 275.2 268.2
Noncontrolling interest 0.2 0.2
Total stockholders’ equity 275.4 268.4
Total liabilities and stockholders’ equity $ 773.9 $ 778.6