XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 14.6 $ 15.7
Accounts and notes receivable, net 153.1 139.6
Prepaid expenses and other current assets 21.9 32.2
Total current assets 189.6 187.5
Leasehold improvements, equipment and construction in progress, net 54.4 48.9
Right-of-use assets 182.2 201.2
Goodwill 526.6 526.6
Other intangible assets, net 51.3 54.4
Deferred taxes 47.5 50.6
Other noncurrent assets, net 41.8 47.0
Total noncurrent assets 903.8 928.7
Total assets 1,093.4 1,116.2
Liabilities and stockholders’ equity    
Accounts payable 128.2 118.5
Accrued and other current liabilities 111.4 123.3
Short-term lease liabilities 61.5 65.4
Current portion of long-term borrowings 12.1 25.6
Total current liabilities 313.2 332.8
Long-term borrowings, excluding current portion 297.2 298.4
Long-term lease liabilities 176.8 200.3
Other noncurrent liabilities 58.5 62.6
Total noncurrent liabilities 532.5 561.3
Total liabilities 845.7 894.1
Stockholders’ equity    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized as of June 30, 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 June 30, 2022 and December 31, 2021; 25,487,571 and 23,276,329 shares issued and outstanding as of June 30, 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; 2,211,242 and 2,034,742 shares as of June 30, 2022 and December 31, 2021, respectively (76.2) (70.6)
Additional paid-in capital 271.9 267.5
Accumulated other comprehensive loss (2.4) (2.8)
Retained earnings 54.5 28.4
Total SP Plus Corporation stockholders’ equity 247.8 222.5
Noncontrolling interest (0.1) (0.4)
Total stockholders’ equity 247.7 222.1
Total liabilities and stockholders’ equity $ 1,093.4 $ 1,116.2