Business Unit Segment Information (Tables)

3 Months Ended

Mar. 31, 2015

Business Unit Segment Information

Summary of revenues (excluding reimbursed management contract revenue) and gross profit by operating segment

		Three months ended
		March 31, 2015		Gross Margin%		March 31, 2014		Gross Margin%
Revenues
Region One
Lease contracts		$	47,224			$	47,332
Management contracts		20,160				21,631
Total Region One		67,384				68,963
Region Two
Lease contracts		31,227				28,761
Management contracts		20,443				20,052
Total Region Two		51,670				48,813
Region Three
Lease contracts		26,408				28,014
Management contracts		6,718				6,487
Total Region Three		33,126				34,501
Region Four
Lease contracts		29,708				11,350
Management contracts		25,471				25,629
Total Region Four		55,179				36,979
Region Five
Lease contracts		1,241				712
Management contracts		17,557				12,921
Total Region Five		18,798				13,633
Other
Lease contracts		7				466
Management contracts		3,709				3,235
Total Other		3,716				3,701
Reimbursed management contract revenue		174,281				169,178
Total Revenues	$	404,154			$	375,768

Gross Profit
Region One
Lease contracts	$	1,542			3	%	$		660		1	%
Management contracts		9,409			47	%	8,977				42	%
Total Region One		10,951					9,637
Region Two
Lease contracts		4,524			14	%	3,917				14	%
Management contracts		8,020			39	%	8,589				43	%
Total Region Two		12,544					12,506
Region Three
Lease contracts		(464		)	-2	%	(295			)	-1	%
Management contracts		3,404			51	%	3,683				57	%
Total Region Three		2,940					3,388
Region Four
Lease contracts		863			3	%	586				5	%
Management contracts		5,513			22	%	6,076				24	%
Total Region Four		6,376					6,662
Region Five
Lease contracts		202			16	%	70				10	%
Management contracts		3,708			21	%	3,515				27	%
Total Region Five		3,910					3,585
Other
Lease contracts		455			N/A		(387			)	N/A
Management contracts		4,014			N/A		(99			)	N/A
Total Other		4,469					(486			)
Total gross profit	$	41,190					35,292
General and administrative expenses		25,673					26,066
General and administrative expense percentage of gross profit		62		%			74			%
Depreciation and amortization		7,934					7,163
Operating income		7,583					2,063
Other expenses (income)
Interest expense		4,043					4,809
Interest income		(60		)			(98			)
Equity in losses from investment in unconsolidated entity		471					—
		4,454					4,711
Income (loss) before income taxes		3,129					(2,648			)
Income tax (benefit)		1,335					(7,438			)
Net income		1,794					4,790
Less: Net income attributable to noncontrolling interest		452					487
Net income attributable to SP Plus Corporation		$	1,342				$	4,303