XML 93 R81.htm IDEA: XBRL DOCUMENT v3.19.1
Business Unit Segment Information - Schedule of Revenues and Gross Profit by Regions (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Parking Services Revenue    
Total Services Revenue $ 409.4 $ 366.8
Gross Profit    
Total gross profit 53.2 39.4
General and administrative expenses $ 27.1 $ 22.3
General and administrative expense percentage of gross profit 51.00% 57.00%
Depreciation and amortization $ 7.2 $ 4.0
Operating income 18.9 13.1
Other expenses (income)    
Interest expense 5.0 2.1
Interest expense (0.1) (0.1)
Equity earnings from investment in unconsolidated entity 0.0 (10.1)
Total other expenses (income) 4.9 (8.1)
Earnings before income taxes 14.0 21.2
Income tax expense 3.1 5.3
Net income 10.9 15.9
Less: Net income attributable to noncontrolling interest 0.3 0.6
Net income attributable to SP Plus Corporation 10.6 15.3
Operating segment | Segment One    
Parking Services Revenue    
Total Services Revenue 158.2 162.6
Gross Profit    
Total gross profit 28.2 26.0
Operating segment | Segment Two    
Parking Services Revenue    
Total Services Revenue 70.2 28.7
Gross Profit    
Total gross profit 17.2 7.3
Segment Reconciling Items    
Parking Services Revenue    
Total Services Revenue 2.3 2.6
Gross Profit    
Total gross profit 7.8 6.1
Lease type contracts    
Parking Services Revenue    
Total Services Revenue 97.8 99.5
Gross Profit    
Total gross profit 8.1 4.9
Lease type contracts | Operating segment | Segment One    
Parking Services Revenue    
Total Services Revenue 90.6 93.1
Gross Profit    
Total gross profit $ 4.7 $ 2.3
Gross margin percentage 5.00% 2.00%
Lease type contracts | Operating segment | Segment Two    
Parking Services Revenue    
Total Services Revenue $ 7.0 $ 6.4
Gross Profit    
Total gross profit $ 1.4 $ 1.4
Gross margin percentage 20.00% 22.00%
Lease type contracts | Segment Reconciling Items    
Parking Services Revenue    
Total Services Revenue $ 0.2 $ 0.0
Gross Profit    
Total gross profit $ 2.0 $ 1.2
Gross margin percentage 1000.00% 0.00%
Management type contracts    
Parking Services Revenue    
Total Services Revenue $ 132.9 $ 94.4
Gross Profit    
Total gross profit 45.1 34.5
Management type contracts | Operating segment | Segment One    
Parking Services Revenue    
Total Services Revenue 67.6 69.5
Gross Profit    
Total gross profit $ 23.5 $ 23.7
Gross margin percentage 35.00% 34.00%
Management type contracts | Operating segment | Segment Two    
Parking Services Revenue    
Total Services Revenue $ 63.2 $ 22.3
Gross Profit    
Total gross profit $ 15.8 $ 5.9
Gross margin percentage 25.00% 26.00%
Management type contracts | Segment Reconciling Items    
Parking Services Revenue    
Total Services Revenue $ 2.1 $ 2.6
Gross Profit    
Total gross profit $ 5.8 $ 4.9
Gross margin percentage 276.00% 188.00%
Reimbursed management type contract expense    
Parking Services Revenue    
Total Services Revenue $ 178.7 $ 172.9