XML 50 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 26,796 $ 28,450
Notes and accounts receivable, net 117,105 111,498
Prepaid expenses and supplies 21,084 27,823
Deferred taxes 15,265 15,265
Total current assets 180,250 183,036
Leasehold improvements, equipment, land and construction in progress, net 40,839 40,402
Other assets:    
Advances and deposits 8,545 8,540
Intangible assets, net 188,752 197,344
Other assets, net 22,867 22,260
Cost of contracts, net 12,874 14,215
Goodwill 439,359 439,486
Other assets 672,397 681,845
Total assets 893,486 905,283
Current liabilities:    
Accounts payable 118,520 129,034
Accrued and other current liabilities 97,835 109,300
Current portion of unfavorable lease contracts 15,522 17,467
Current portion of long-term debt obligations 21,680 21,837
Total current liabilities 253,557 277,638
Deferred taxes 18,819 19,079
Long-term borrowings, excluding current portion:    
Obligations under senior credit facility 298,951 286,727
Other long-term debt obligations 1,955 1,995
Long-term borrowings, excluding current portion 300,906 288,722
Unfavorable lease contracts 71,366 74,758
Other long-term liabilities 61,138 58,086
Stockholders' equity:    
Preferred Stock, par value $0.01 per share; 5,000,000 shares authorized as of March 31, 2013 and December 31, 2012; no shares issued      
Common stock, par value $.001 per share; 50,000,000 shares authorized as of March 31, 2013 and December 31, 2012; 21,870,770 shares issued and outstanding as of March 31, 2013 and December 31, 2012 22 22
Additional paid-in capital 237,417 236,375
Accumulated other comprehensive (loss) income (363) (381)
Accumulated deficit (50,028) (49,768)
Total Standard Parking Corporation stockholders' equity 187,048 186,248
Noncontrolling interest 652 752
Total equity 187,700 187,000
Total liabilities and stockholders' equity $ 893,486 $ 905,283