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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Services revenue $ 1,468.4 $ 1,590.5 $ 1,568.4
Cost of services 1,284.4 1,405.2 1,392.0
Gross profit 184.0 185.3 176.4
General and administrative expenses 91.0 82.9 90.0
Depreciation and amortization 17.9 21.0 33.7
Operating income 75.1 81.4 52.7
Other expense (income)      
Interest expense 9.6 9.2 10.5
Interest income (0.4) (0.6) (0.5)
Gain on sale of a business 0.0 (0.1) 0.0
Equity in (earnings) losses from investment in unconsolidated entity (10.1) 0.7 0.9
Total other expenses (income) (0.9) 9.2 10.9
Earnings before income taxes 76.0 72.2 41.8
Income tax expense 19.6 27.7 15.8
Net income 56.4 44.5 26.0
Less: Net income attributable to noncontrolling interest 3.2 3.3 2.9
Net income attributable to SP Plus Corporation $ 53.2 $ 41.2 $ 23.1
Net income per common share      
Basic (in dollars per share) $ 2.38 $ 1.86 $ 1.04
Diluted (in dollars per share) $ 2.35 $ 1.83 $ 1.03
Weighted average shares outstanding      
Basic (in shares) 22,394,542 22,195,350 22,238,021
Diluted (in shares) 22,607,223 22,508,288 22,528,122
Lease type contracts      
Services revenue $ 413.9 $ 563.1 $ 545.0
Cost of services 377.6 518.4 505.6
Gross profit 36.3 44.7 39.4
Management type contracts      
Services revenue 361.5 348.2 346.8
Cost of services 213.8 207.6 209.8
Gross profit 147.7 140.6 137.0
Lease And Management Type Contracts      
Services revenue 775.4 911.3 891.8
Cost of services 591.4 726.0 715.4
Reimbursed management type contract revenue      
Services revenue 693.0 679.2 676.6
Cost of services $ 693.0 $ 679.2 $ 676.6