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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 23.4 $ 15.7
Accounts and notes receivable, net 136.0 139.6
Prepaid expenses and other current assets 13.3 32.2
Total current assets 172.7 187.5
Leasehold improvements, equipment and construction in progress, net 52.1 48.9
Right-of-use assets 191.1 201.2
Goodwill 526.7 526.6
Other intangible assets, net 51.6 54.4
Deferred taxes 49.3 50.6
Other noncurrent assets, net 45.6 47.0
Total noncurrent assets 916.4 928.7
Total assets 1,089.1 1,116.2
Liabilities and stockholders’ equity    
Accounts payable 118.5 118.5
Accrued and other current liabilities 111.9 123.3
Short-term lease liabilities 63.4 65.4
Current portion of long-term borrowings 25.4 25.6
Total current liabilities 319.2 332.8
Long-term borrowings, excluding current portion 286.2 298.4
Long-term lease liabilities 187.8 200.3
Other noncurrent liabilities 60.7 62.6
Total noncurrent liabilities 534.7 561.3
Total liabilities 853.9 894.1
Stockholders’ equity    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized as of March 31, 2022 and December 31, 2021, 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, 2022 and December 31, 2021; 25,296,436 and 23,261,694 shares issued and outstanding as of March 31, 2022, respectively, and 25,259,201 and 23,224,459 shares issued and outstanding as of December 31, 2021, respectively 0.0 0.0
Treasury stock, at cost; 2,034,742 shares as of March 31, 2022 and December 31, 2021 (70.6) (70.6)
Additional paid-in capital 269.3 267.5
Accumulated other comprehensive loss (2.3) (2.8)
Retained earnings 39.1 28.4
Total SP Plus Corporation stockholders’ equity 235.5 222.5
Noncontrolling interest (0.3) (0.4)
Total stockholders’ equity 235.2 222.1
Total liabilities and stockholders’ equity $ 1,089.1 $ 1,116.2