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Consolidated Statements of (Loss) Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Services revenue $ 1,086.9 $ 1,663.7 $ 1,468.4
Cost of services 1,056.5 1,435.6 1,284.4
Gross profit 30.4 228.1 184.0
General and administrative expenses 85.4 109.0 91.0
Depreciation and amortization 29.3 29.4 17.9
Impairment of goodwill and intangible assets 135.3 0.0 0.0
Operating (loss) income (219.6) 89.7 75.1
Other expense (income)      
Interest expense 21.5 18.9 9.6
Interest income (0.5) (0.3) (0.4)
Other expenses 0.1 0.0 0.0
Gain on sale of other investments (0.3) 0.0 0.0
Equity in earnings from investment in unconsolidated entity 0.0 0.0 (10.1)
Total other expenses (income) 20.8 18.6 (0.9)
(Loss) earnings before income taxes (240.4) 71.1 76.0
Income tax (benefit) expense (67.5) 19.4 19.6
Net (loss) income (172.9) 51.7 56.4
Less: Net (loss) income attributable to noncontrolling interest (0.1) 2.9 3.2
Net (loss) income attributable to SP Plus Corporation $ (172.8) $ 48.8 $ 53.2
Net (loss) income per common share      
Basic (in dollars per share) $ (8.21) $ 2.21 $ 2.38
Diluted (in dollars per share) $ (8.21) $ 2.20 $ 2.35
Weighted average shares outstanding      
Basic (in shares) 21,056,061 22,080,025 22,394,542
Diluted (in shares) 21,056,061 22,208,032 22,607,223
Lease Type Contracts      
Services revenue $ 189.4 $ 408.9 $ 413.9
Cost of services 195.0 366.9 377.6
Gross profit (5.6) 42.0 36.3
Management Type Contracts      
Services revenue 359.6 526.0 361.5
Cost of services 226.5 339.9 213.8
Gross profit 133.1 186.1 147.7
Lease and Management Type Contracts      
Services revenue 549.0 934.9 775.4
Cost of services 421.5 706.8 591.4
Reimbursed Management Type Contract Revenue      
Services revenue 537.9 728.8 693.0
Cost of services 537.9 728.8 693.0
Lease Impairment      
Cost of services 97.1 0.0 0.0
Gross profit $ 97.1 $ 0.0 $ 0.0