Acquisition (Tables)

12 Months Ended

Dec. 31, 2018

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed:

(millions)
Cash and cash equivalents	$	5.9
Notes and accounts receivable	13.2
Prepaid expenses and other	2.0
Advances and deposits	0.2
Leasehold improvements, equipment and construction in progress, net	1.5
Other intangible assets, net	118.0
Goodwill	154.1
Accounts payable	(6.5		)
Accrued expenses	(4.1		)
Other long-term liabilities	(0.7		)
Net assets acquired and liabilities assumed	$	283.6

Schedule of Other Intangible Assets

Other Intangibles assets, net acquired consist of the following:

(millions)	Estimated Life (1)	Estimated Fair Value
Trade name	5.0 Years	$	5.6
Customer relationships	12.4 - 15.8 Years	100.4
Existing technology	5.0 - 6.0 Years	10.4
Non-compete agreement	5.0 Years	1.6
Estimated fair value of identified intangibles		$	118.0

(1) Represents preliminary estimated life of assets acquired.

Business Acquisition, Pro Forma Information

Additionally, the pro forma financial information does not reflect the costs which the company has incurred or may incur to integrate Bags.

	Year Ended December 31,
(millions)	2018		2017
Total services revenue	$	1,617.7	$	1,735.1
Net income attributable to SP Plus Corporation	55.1		41.4