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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 20.2 $ 22.8
Notes and accounts receivable, net 136.4 122.3
Prepaid expenses and other 13.1 15.5
Total current assets 169.7 160.6
Leasehold improvements, equipment and construction in progress, net 26.3 27.4
Other assets    
Advances and deposits 4.2 4.1
Other intangible assets, net 50.1 54.1
Favorable acquired lease contracts, net 18.5 23.3
Equity investments in unconsolidated entities 9.9 18.6
Other assets, net 19.1 18.3
Deferred taxes 15.8 15.9
Cost of contracts, net 8.2 8.9
Goodwill 431.6 431.7
Total other assets 557.4 574.9
Total assets 753.4 762.9
Liabilities and stockholders’ equity    
Accounts payable 93.5 102.8
Accrued rent 22.8 23.2
Compensation and payroll withholdings 22.4 22.2
Property, payroll and other taxes 10.0 6.8
Accrued insurance 18.0 18.9
Accrued expenses 30.4 25.5
Current portion of obligations under Restated Credit Facility and other long-term borrowings 20.9 20.6
Total current liabilities 218.0 220.0
Long-term borrowings, excluding current portion    
Obligations under Restated Credit Facility 85.8 132.0
Other long-term borrowings 1.1 1.2
Long-term borrowings, excluding current portion 86.9 133.2
Unfavorable acquired lease contracts, net 26.3 31.5
Other long-term liabilities 63.5 65.1
Total noncurrent liabilities 176.7 229.8
Stockholders’ equity    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized as of September 30, 2018 and December 31, 2017; no shares issued 0.0 0.0
Common stock, par value $0.001 per share; 50,000,000 shares authorized as of September 30, 2018 and December 31, 2017; 22,729,564 and 22,542,672 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively 0.0 0.0
Treasury stock, at cost; 305,183 shares as of September 30, 2018 and December 31, 2017, respectively (7.5) (7.5)
Additional paid-in capital 256.7 254.6
Accumulated other comprehensive loss (1.6) (1.2)
Retained earnings 111.1 67.0
Total SP Plus Corporation stockholders’ equity 358.7 312.9
Noncontrolling interest 0.0 0.2
Total stockholders’ equity 358.7 313.1
Total liabilities and stockholders’ equity $ 753.4 $ 762.9