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Domestic and Foreign Operations (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Summary of revenues (excluding reimbursed management contract revenue) and gross profit by operating segment
The following is a summary of revenues (excluding reimbursed management contract revenue) and gross profit by operating segment for the years ended December 31, 2015, 2014 and 2013:
 
Year Ended December 31,
(millions)
2015
 
Gross
Margin
 
2014
 
Gross Margin
 
2013
 
Gross
Margin
Parking services revenue (a)
 

 
 

 
 

 
 
 
 

 
 

Region One
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
$
208.1

 
 

 
$
206.0

 
 
 
$
199.1

 
 

Management contracts
84.7

 
 

 
84.0

 
 
 
95.3

 
 

Total Region One
292.8

 
 

 
290.0

 
 
 
294.4

 
 

Region Two
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
125.7

 
 

 
119.9

 
 
 
124.0

 
 

Management contracts
79.6

 
 

 
83.2

 
 
 
87.0

 
 

Total Region Two
205.3

 
 

 
203.1

 
 
 
211.0

 
 

Region Three
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
108.8

 
 

 
117.8

 
 
 
120.6

 
 

Management contracts
27.8

 
 

 
25.8

 
 
 
23.4

 
 

Total Region Three
136.6

 
 

 
143.6

 
 
 
144.0

 
 

Region Four
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
123.8

 
 

 
48.5

 
 
 
43.7

 
 

Management contracts
100.6

 
 

 
103.3

 
 
 
96.6

 
 

Total Region Four
224.4

 
 

 
151.8

 
 
 
140.3

 
 

Region Five
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
4.4

 
 

 
2.7

 
 
 
2.6

 
 

Management contracts
43.8

 
 

 
29.8

 
 
 
33.7

 
 

Total Region Five
48.2

 
 

 
32.5

 
 
 
36.3

 
 

Other
 

 
 

 
 

 
 
 
 

 
 

Lease contracts

 
 

 
1.7

 
 
 
(0.4
)
 
 

Management contracts
13.9

 
 

 
12.2

 
 
 
11.3

 
 

Total Other
13.9

 
 

 
13.9

 
 
 
10.9

 
 

Reimbursed management contract revenue
694.7

 
 

 
679.8

 
 
 
629.9

 
 

Total revenues
$
1,615.9

 
 

 
$
1,514.7

 
 
 
$
1,466.8

 
 

Gross Profit
 

 
 

 
 

 
 
 
 

 
 

Region One
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
12.5

 
6
%
 
12.4

 
6
%
 
$
10.6

 
5
 %
Management contracts
38.0

 
45
%
 
36.0

 
43
%
 
42.8

 
45
 %
Total Region One
50.5

 
 

 
48.4

 
 
 
53.4

 
 

 
Year Ended December 31,
(millions)
2015
 
Gross
Margin
 
2014
 
Gross Margin
 
2013
 
Gross
Margin
Region Two
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
21.1

 
17
%
 
19.8

 
17
%
 
18.9

 
15
 %
Management contracts
32.9

 
41
%
 
35.8

 
43
%
 
38.8

 
45
 %
Total Region Two
54.0

 
 

 
55.6

 
 
 
57.7

 
 

Region Three
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
2.2

 
2
%
 
4.7

 
4
%
 
(0.1
)
 
 %
Management contracts
14.2

 
51
%
 
14.3

 
55
%
 
12.6

 
54
 %
Total Region Three
16.4

 
 

 
19.0

 
 
 
12.5

 
 

Region Four
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
5.5

 
4
%
 
3.6

 
7
%
 
3.2

 
7
 %
Management contracts
24.5

 
24
%
 
26.4

 
26
%
 
24.6

 
25
 %
Total Region Four
30.0

 
 

 
30.0

 
 
 
27.8

 
 

Region Five
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
0.3

 
7
%
 
0.2

 
8
%
 

 
(2
)%
Management contracts
11.4

 
26
%
 
11.7

 
39
%
 
11.3

 
34
 %
Total Region Five
11.7

 
 

 
11.9

 
 
 
11.3

 
 

Other
 

 
 

 
 

 
 
 
 

 
 

Lease contracts
(3.5
)
 
N/A

 
0.2

 
N/A

 
0.9

 
N/A

Management contracts
11.0

 
N/A

 
6.2

 
N/A

 
8.5

 
N/A

Total Other
7.5

 
 

 
6.4

 
 
 
9.4

 
 

Total gross profit
170.1

 
 

 
171.3

 
 
 
172.1

 
 

General and administrative expenses
97.3

 
 

 
101.5

 
 
 
98.9

 
 

General and administrative
expense percentage of gross profit
57
%
 
 

 
59
%
 
 
 
57
%
 
 

Depreciation and amortization
34.0

 
 

 
30.3

 
 
 
31.2

 
 

Operating income
38.8

 
 

 
39.5

 
 
 
42.0

 
 

Other expenses (income):
 

 
 

 
 

 
 
 
 

 
 

Interest expense
12.7

 
 

 
17.8

 
 
 
19.0

 
 

Interest income
(0.2
)
 
 

 
(0.4
)
 
 
 
(0.6
)
 
 

Gain on sale of business
(0.5
)
 
 
 

 
 
 

 
 
Gain on contribution of a
business to an unconsolidated entity

 
 

 
(4.1
)
 
 
 

 
 

Equity in losses from
investment in unconsolidated entity
1.7

 
 

 
0.3

 
 
 

 
 

 
13.7

 
 

 
13.6

 
 
 
18.4

 
 

Income before income taxes
25.1

 
 

 
25.9

 
 
 
23.6

 
 

Income tax (benefit) expense
4.8

 
 

 
(0.2
)
 
 
 
8.8

 
 

Net income
20.3

 
 

 
26.1

 
 
 
14.8

 
 

Less: Net income attributable
to noncontrolling interest
2.9

 
 

 
3.0

 
 
 
2.7

 
 

Net income attributable
to SP Plus Corporation
$
17.4

 
 

 
$
23.1

 
 
 
$
12.1