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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 18.0 $ 13.9
Accounts and notes receivable, net 102.1 111.2
Prepaid expenses and other current assets 31.5 26.8
Total current assets 151.6 151.9
Leasehold improvements, equipment and construction in progress, net 51.7 53.3
Right-of-use assets 219.9 235.1
Goodwill 526.7 526.6
Other intangible assets, net 61.0 63.1
Deferred taxes 62.2 63.8
Other noncurrent assets, net 44.2 43.9
Total noncurrent assets 965.7 985.8
Total assets 1,117.3 1,137.7
Liabilities and stockholders’ equity    
Accounts payable 99.1 97.8
Accrued and other current liabilities 98.0 112.7
Short-term lease liabilities 80.4 82.1
Current portion of long-term obligations under Senior Credit Facility and other long-term borrowings 26.1 25.0
Total current liabilities 303.6 317.6
Long-term borrowings, excluding current portion 344.8 337.1
Long-term lease liabilities 224.1 243.4
Other noncurrent liabilities 58.6 58.2
Total noncurrent liabilities 627.5 638.7
Total liabilities 931.1 956.3
Stockholders’ equity    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized as of March 31, 2021 and December 31, 2020, 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 March 31, 2021 and December 31, 2020; 25,240,166 and 23,205,424 shares issued and outstanding as of March 31, 2021, respectively, and 25,123,128 and 23,088,386 shares issued and outstanding as of December 31, 2020, respectively 0.0 0.0
Treasury stock, at cost; 2,034,742 shares as of March 31, 2021 and December 31, 2020 (70.6) (70.6)
Additional paid-in capital 262.3 261.4
Accumulated other comprehensive loss (4.0) (4.4)
Accumulated deficit (1.0) (3.3)
Total SP Plus Corporation stockholders’ equity 186.7 183.1
Noncontrolling interest (0.5) (1.7)
Total stockholders’ equity 186.2 181.4
Total liabilities and stockholders’ equity $ 1,117.3 $ 1,137.7