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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 15.6 $ 24.1
Notes and accounts receivable, net 103.6 162.3
Prepaid expenses and other 14.7 24.7
Total current assets 133.9 211.1
Leasehold improvements, equipment and construction in progress, net 53.8 47.9
Right-of-use assets 232.4 431.7
Goodwill 526.4 586.0
Other intangible assets, net 65.3 152.2
Equity investments in unconsolidated entities 10.1 10.2
Deferred taxes 75.7 10.6
Other assets, net 32.0 29.9
Total noncurrent assets 995.7 1,268.5
Total assets 1,129.6 1,479.6
Liabilities and stockholders’ equity    
Accounts payable 101.2 115.3
Accrued and other current liabilities 88.2 121.4
Short-term lease liabilities 82.6 115.2
Current portion of long-term obligations under Senior Credit Facility and other long-term borrowings 23.2 17.9
Total current liabilities 295.2 369.8
Long-term borrowings, excluding current portion 348.1 351.1
Long-term lease liabilities 242.2 327.7
Other noncurrent liabilities 66.7 57.1
Total noncurrent liabilities 657.0 735.9
Total liabilities 952.2 1,105.7
Stockholders’ equity    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized as of September 30, 2020 and December 31, 2019, respectively; no shares issued or outstanding 0.0 0.0
Common stock, par value $0.001 per share; 50,000,000 shares authorized as of September 30, 2020 and December 31, 2019; 25,121,534 and 23,086,792 shares issued and outstanding as of September 30, 2020, respectively, and 24,591,127 and 22,950,360 issued and outstanding as of December 31, 2019, respectively 0.0 0.0
Treasury stock, at cost; 2,034,742 and 1,640,767 shares as of September 30, 2020 and December 31, 2019, respectively (70.6) (55.3)
Additional paid-in capital 258.7 262.6
Accumulated other comprehensive loss (5.2) (2.7)
(Accumulated deficit) retained earnings (3.8) 169.5
Total SP Plus Corporation stockholders’ equity 179.1 374.1
Noncontrolling interest (1.7) (0.2)
Total stockholders’ equity 177.4 373.9
Total liabilities and stockholders’ equity $ 1,129.6 $ 1,479.6