Business Unit Segment Information (Tables)

9 Months Ended

Sep. 30, 2015

Business Unit Segment Information

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

	Three Months Ended						Nine Months Ended
	September 30, 2015		Gross Margin %	September 30, 2014		Gross Margin %	September 30, 2015		Gross Margin %	September 30, 2014		Gross Margin %
Revenues
Region One
Lease contracts	$	55,260		$	55,489		$	153,996		$	155,139
Management contracts	21,384			21,192			61,623			64,060
Total Region One	76,644			76,681			215,619			219,199
Region Two
Lease contracts	31,698			29,842			96,126			89,101
Management contracts	19,702			20,541			60,982			61,767
Total Region Two	51,400			50,383			157,108			150,868
Region Three
Lease contracts	26,779			29,642			80,836			87,174
Management contracts	6,593			6,255			20,001			18,904
Total Region Three	33,372			35,897			100,837			106,078
Region Four
Lease contracts	31,795			13,012			94,439			35,595
Management contracts	26,553			25,550			78,224			78,153
Total Region Four	58,348			38,562			172,663			113,748
Region Five
Lease contracts	1,068			548			3,468			2,042
Management contracts	8,173			1,231			36,588			22,280
Total Region Five	9,241			1,779			40,056			24,322
Other
Lease contracts	18			471			22			1,546
Management contracts	3,408			3,109			10,758			7,600
Total Other	3,426			3,580			10,780			9,146
Reimbursed management contract revenue	168,332			173,405			513,469			507,122
Total Revenues	$	400,763		$	380,287		$	1,210,532		$	1,130,483
Gross Profit
Region One
Lease contracts	$	4,433	8%	$	4,801	9%	$	10,088	7%	$	9,575	6	%
Management contracts	9,819		46%	9,505		45%	28,112		46%	27,532		43	%
Total Region One	14,252			14,306			38,200			37,107
Region Two
Lease contracts	5,792		18%	5,213		17%	16,955		18%	14,869		17	%
Management contracts	8,243		42%	9,584		47%	24,987		41%	27,158		44	%
Total Region Two	14,035			14,797			41,942			42,027
Region Three
Lease contracts	701		3%	1,134		4%	1,265		2%	2,021		2	%
Management contracts	3,529		54%	3,570		57%	10,214		51%	10,581		56	%
Total Region Three	4,230			4,704			11,479			12,602
Region Four
Lease contracts	1,696		5%	1,191		9%	4,445		5%	2,737		8	%
Management contracts	5,649		21%	6,345		25%	18,434		24%	20,069		26	%
Total Region Four	7,345			7,536			22,879			22,806

	Three Months Ended										Nine Months Ended
	September 30, 2015			Gross Margin %		September 30, 2014			Gross Margin %		September 30, 2015			Gross Margin %		September 30, 2014			Gross Margin %
Region Five
Lease contracts	139			13	%	31			6	%	319			9	%	116			6	%
Management contracts	2,822			35	%	2,916			237	%	9,272			25	%	9,207			41	%
Total Region Five	2,961					2,947					9,591					9,323
Other
Lease contracts	(2,109		)	N/A		114			N/A		(3,318)			N/A		696			N/A
Management contracts	2,122			N/A		(783)			N/A		9,688			N/A		2,246			N/A
Total Other	13					(669)					6,370					2,942
Total gross profit	$	42,836				$	43,621				130,461					$	126,807
General and administrative expenses	23,752					24,123					74,164					75,185
General and administrative expense percentage of gross profit	55		%			55		%			57		%			59		%
Depreciation and amortization	8,275					7,630					24,374					22,523
Operating income	10,809					11,868					31,923					29,099
Other expenses (income)
Interest expense	2,954					4,162					10,059					13,782
Interest income	(46		)			(144		)			(146		)			(336		)
Gain on sale of business	(508		)			—					(508		)			—
Equity in losses from investment in unconsolidated entity	408					—					1,232					—
Income (loss) before income taxes	8,001					7,850					21,286					15,653
Income tax (benefit)	3,516					2,763					4,466					(421		)
Net income	4,485					5,087					16,820					16,074
Less: Net income attributable to noncontrolling interest	778					785					2,014					2,162
Net income attributable to SP Plus Corporation	$	3,707				$	4,302				$	14,806				$	13,912