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Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Services revenue $ 246.7 $ 409.7
Cost of services 208.4 439.9
Gross profit 38.3 (30.2)
General and administrative expenses 21.0 20.7
Depreciation and amortization 6.3 7.5
Operating income (loss) 11.0 (58.4)
Other expense (income)    
Interest expense 5.8 4.4
Interest income (0.1) (0.1)
Gain on sale of other investments 0.0 (0.3)
Total other expenses 5.7 4.0
Earnings (loss) before income taxes 5.3 (62.4)
Income tax expense (benefit) 1.4 (16.8)
Net income (loss) 3.9 (45.6)
Less: Net income attributable to noncontrolling interest 1.6 0.5
Net income (loss) attributable to SP Plus Corporation $ 2.3 $ (46.1)
Net income (loss) per common share    
Basic (in dollars per share) $ 0.11 $ (2.18)
Diluted (in dollars per share) $ 0.11 $ (2.18)
Weighted average shares outstanding    
Basic (in shares) 21,113,494 21,154,047
Diluted (in shares) 21,304,068 21,154,047
Lease Type Contracts    
Services revenue $ 42.7 $ 81.7
Cost of services 35.3 80.2
Gross profit 7.4 1.5
Management Type Contracts    
Services revenue 86.0 137.1
Cost of services 55.0 91.3
Gross profit 31.0 45.8
Lease and Management Type Contracts    
Services revenue 128.7 218.8
Cost of services 90.3 171.5
Reimbursed Management Type Contract Revenue    
Services revenue 118.0 190.9
Cost of services 118.0 190.9
Lease Impairment    
Cost of services 0.1 77.5
Gross profit $ (0.1) $ (77.5)