Parking services revenue: | |
Lease contracts | 135.7M |
Management contracts | 86.7M |
Total parking services revenue | |
Reimbursed management contract revenue | 180.2M |
Total revenue | 402.6M |
Cost of parking services: | |
Lease contracts | 124M |
Management contracts | 51.4M |
Total cost of parking services | 175.4M |
Reimbursed management contract expense | 180.2M |
Total cost of parking services | 355.6M |
Gross profit: | |
Lease contracts | |
Management contracts | |
Total gross profit | 47M |
General and administrative expenses | 22.1M |
Depreciation and amortization | 9.8M |
Operating income | 15.1M |
Other expenses (income): | |
Interest expense | 2.6M |
Interest income | -100K |
Total other expenses (income) | 2.8M |
Income before income taxes | 12.3M |
Income tax expense | 4.9M |
Net income | 7.4M |
Less: Net income attributable to noncontrolling interest | 900K |
Net income attributable to Standard Parking Corporation | |
Net income per share: | |
Basic | 0.29 |
Diluted | 0.29 |
Weighted average shares outstanding: | |
Basic | 22.3M |
Diluted | 22.6M |