XML 38 R29.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Cemetery Perpetual Care Trusts (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2015
Cemetery Perpetual Care Trust Investments [Line Items] |
Schedule of Unrealized Loss on Investments | Our cemetery merchandise and service trust investment unrealized losses, their associated fair values and the duration of unrealized losses as of March 31, 2015 are shown in the following tables:
| March 31, 2015
| In Loss Position Less Than 12 Months |  | In Loss Position Greater Than 12 Months |  | Total
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
|  |  |  |  | (In thousands) |  |  |  |
Fixed income securities: |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury | $ | 12,955 |  |  | $ | (53 | ) |  | $ | 14 |  |  | $ | (1 | ) |  | $ | 12,969 |  |  | $ | (54 | )
Canadian government | 1,263 |  |  | (3 | ) |  | 3,146 |  |  | (111 | ) |  | 4,409 |  |  | (114 | )
Corporate | 175 |  |  | (3 | ) |  | 3,381 |  |  | (73 | ) |  | 3,556 |  |  | (76 | )
Residential mortgage-backed | 29 |  |  | — |  |  | 21 |  |  | (1 | ) |  | 50 |  |  | (1 | )
Equity securities: |  |  |  |  |  |  |  |  |  |  |
Common stock: |  |  |  |  |  |  |  |  |  |  |
United States | 215,891 |  |  | (17,833 | ) |  | — |  |  | — |  |  | 215,891 |  |  | (17,833 | )
Canada | 2,573 |  |  | (326 | ) |  | 552 |  |  | (375 | ) |  | 3,125 |  |  | (701 | )
Other international | 21,396 |  |  | (3,746 | ) |  | — |  |  | — |  |  | 21,396 |  |  | (3,746 | )
Mutual funds: |  |  |  |  |  |  |  |  |  |  |
Equity | 213,762 |  |  | (7,126 | ) |  | 69 |  |  | (7 | ) |  | 213,831 |  |  | (7,133 | )
Fixed income | 39,290 |  |  | (5,955 | ) |  | 15,036 |  |  | (494 | ) |  | 54,326 |  |  | (6,449 | )
Private equity | — |  |  | — |  |  | 7,397 |  |  | (3,185 | ) |  | 7,397 |  |  | (3,185 | )
Other | — |  |  | — |  |  | 654 |  |  | (296 | ) |  | 654 |  |  | (296 | )
Total temporarily impaired securities | $ | 507,334 |  |  | $ | (35,045 | ) |  | $ | 30,270 |  |  | $ | (4,543 | ) |  | $ | 537,604 |  |  | $ | (39,588 | )
| December 31, 2014
| In Loss Position Less Than 12 Months |  | In Loss Position Greater Than 12 Months |  | Total
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
|  |  |  |  | (In thousands) |  |  |  |
Fixed income securities: |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury | $ | 45,072 |  |  | $ | (605 | ) |  | $ | — |  |  | $ | — |  |  | $ | 45,072 |  |  | $ | (605 | )
Canadian government | — |  |  | — |  |  | 4,858 |  |  | (134 | ) |  | 4,858 |  |  | (134 | )
Corporate | 2,017 |  |  | (61 | ) |  | 1,936 |  |  | (55 | ) |  | 3,953 |  |  | (116 | )
Residential mortgage-backed | 33 |  |  | (1 | ) |  | — |  |  | — |  |  | 33 |  |  | (1 | )
Equity securities: |  |  |  |  |  |  |  |  |  |  |
Common stock: |  |  |  |  |  |  |  |  |  |  |
United States | 192,015 |  |  | (11,706 | ) |  | 585 |  |  | — |  |  | 192,600 |  |  | (11,706 | )
Canada | 2,069 |  |  | (319 | ) |  | 778 |  |  | (522 | ) |  | 2,847 |  |  | (841 | )
Other international | 28,308 |  |  | (2,395 | ) |  | — |  |  | — |  |  | 28,308 |  |  | (2,395 | )
Mutual funds: |  |  |  |  |  |  |  |  |  |  |
Equity | 303,211 |  |  | (18,329 | ) |  | 1,577 |  |  | (101 | ) |  | 304,788 |  |  | (18,430 | )
Fixed income | 159,572 |  |  | (4,106 | ) |  | 15,113 |  |  | (596 | ) |  | 174,685 |  |  | (4,702 | )
Private equity | 88 |  |  | (100 | ) |  | 7,518 |  |  | (6,083 | ) |  | 7,606 |  |  | (6,183 | )
Other | 2 |  |  | (3 | ) |  | 259 |  |  | (68 | ) |  | 261 |  |  | (71 | )
Total temporarily impaired securities | $ | 732,387 |  |  | $ | (37,625 | ) |  | $ | 32,624 |  |  | $ | (7,559 | ) |  | $ | 765,011 |  |  | $ | (45,184 | )
Our cemetery perpetual care trust investment unrealized losses, their associated fair values, and the duration of unrealized losses are shown in the following tables.
| March 31, 2015
| In Loss Position Less Than 12 Months |  | In Loss Position Greater Than 12 Months |  | Total
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
|  |  |  |  | (In thousands) |  |  |  |
Fixed income securities: |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury | $ | 436 |  |  | $ | (3 | ) |  | $ | 68 |  |  | $ | (1 | ) |  | $ | 504 |  |  | $ | (4 | )
Canadian government | 2,103 |  |  | (6 | ) |  | 4,952 |  |  | (193 | ) |  | 7,055 |  |  | (199 | )
Corporate | 1,013 |  |  | (22 | ) |  | 5,360 |  |  | (117 | ) |  | 6,373 |  |  | (139 | )
Residential mortgage-backed | 160 |  |  | (1 | ) |  | 213 |  |  | (5 | ) |  | 373 |  |  | (6 | )
Asset-backed | 371 |  |  | (8 | ) |  | — |  |  | — |  |  | 371 |  |  | (8 | )
Equity securities: |  |  |  |  |  |  |  |  |  |  |
Preferred stock | 3,234 |  |  | (164 | ) |  | 54 |  |  | — |  |  | 3,288 |  |  | (164 | )
Common stock: |  |  |  |  |  |  |  |  |  |  |
United States | 134,139 |  |  | (8,864 | ) |  | 152 |  |  | — |  |  | 134,291 |  |  | (8,864 | )
Canada | 1,175 |  |  | (160 | ) |  | 701 |  |  | (297 | ) |  | 1,876 |  |  | (457 | )
Other international | 8,550 |  |  | (1,063 | ) |  | — |  |  | — |  |  | 8,550 |  |  | (1,063 | )
Mutual funds: |  |  |  |  |  |  |  |  |  |  |
Equity | 2,649 |  |  | (253 | ) |  | 185 |  |  | (14 | ) |  | 2,834 |  |  | (267 | )
Fixed income | 345,809 |  |  | (10,054 | ) |  | 2,045 |  |  | (48 | ) |  | 347,854 |  |  | (10,102 | )
Private equity | — |  |  | — |  |  | 10,092 |  |  | (7,240 | ) |  | 10,092 |  |  | (7,240 | )
Other | — |  |  | — |  |  | 4,380 |  |  | (919 | ) |  | 4,380 |  |  | (919 | )
Total temporarily impaired securities | $ | 499,639 |  |  | $ | (20,598 | ) |  | $ | 28,202 |  |  | $ | (8,834 | ) |  | $ | 527,841 |  |  | $ | (29,432 | )
| December 31, 2014
| In Loss Position Less Than 12 Months |  | In Loss Position Greater Than 12 Months |  | Total
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
|  |  |  |  | (In thousands) |  |  |  |
Fixed income securities: |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury | $ | 497 |  |  | $ | (4 | ) |  | $ | — |  |  | $ | — |  |  | $ | 497 |  |  | $ | (4 | )
Canadian government | — |  |  | — |  |  | 7,825 |  |  | (233 | ) |  | 7,825 |  |  | (233 | )
Corporate | 4,656 |  |  | (108 | ) |  | 3,198 |  |  | (102 | ) |  | 7,854 |  |  | (210 | )
Residential mortgage-backed | 256 |  |  | (5 | ) |  | 69 |  |  | (1 | ) |  | 325 |  |  | (6 | )
Asset-backed | 373 |  |  | (4 | ) |  | — |  |  | — |  |  | 373 |  |  | (4 | )
Equity securities: |  |  |  |  |  |  |  |  |  |  |
Preferred stock | 2,224 |  |  | (11 | ) |  | 49 |  |  | (1 | ) |  | 2,273 |  |  | (12 | )
Common stock: |  |  |  |  |  |  |  |  |  |  |
United States | 100,370 |  |  | (4,803 | ) |  | 419 |  |  | (78 | ) |  | 100,789 |  |  | (4,881 | )
Canada | 2,418 |  |  | (244 | ) |  | 757 |  |  | (352 | ) |  | 3,175 |  |  | (596 | )
Other international | 4,444 |  |  | (399 | ) |  | — |  |  | — |  |  | 4,444 |  |  | (399 | )
Mutual funds: |  |  |  |  |  |  |  |  |  |  |
Equity | 2,601 |  |  | (85 | ) |  | 153 |  |  | (8 | ) |  | 2,754 |  |  | (93 | )
Fixed income | 576,890 |  |  | (14,177 | ) |  | 2,581 |  |  | (86 | ) |  | 579,471 |  |  | (14,263 | )
Private equity | 9,213 |  |  | (798 | ) |  | 14,254 |  |  | (9,990 | ) |  | 23,467 |  |  | (10,788 | )
Other | 4,069 |  |  | (352 | ) |  | 6,276 |  |  | (2,180 | ) |  | 10,345 |  |  | (2,532 | )
Total temporarily impaired securities | $ | 708,011 |  |  | $ | (20,990 | ) |  | $ | 35,581 |  |  | $ | (13,031 | ) |  | $ | 743,592 |  |  | $ | (34,021 | )
Cemetery Perpetual Care |
Cemetery Perpetual Care Trust Investments [Line Items] |
Investment related activities | The table below sets forth certain investment-related activities associated with our cemetery perpetual care trusts:
| Three Months Ended
| March 31,
| 2015 | 2014
| (In thousands)
Deposits | $ | 9,253 |  | $ | 11,837 |
Withdrawals | $ | 13,158 |  | $ | 5,885 |
Purchases of available-for-sale securities | $ | 101,660 |  | $ | 38,895 |
Sales of available-for-sale securities | $ | 53,765 |  | $ | 30,072 |
Realized gains from sales of available-for-sale securities | $ | 398 |  | $ | 5,045 |
Realized losses from sales of available-for-sale securities | $ | (129 | ) | $ | (337 | )
Long-term receivable and investment components | The components of Cemetery perpetual care trust investments in our unaudited condensed consolidated balance sheet at March 31, 2015 and December 31, 2014 are as follows:
| March 31, 2015 |  | December 31, 2014
| (In thousands)
Trust investments, at fair value | $ | 1,253,601 |  |  | $ | 1,192,966 |
Cash and cash equivalents | 103,800 |  |  | 148,410 |
Cemetery perpetual care trust investments | $ | 1,357,401 |  |  | $ | 1,341,376 |
Schedule of Available-for-sale Securities Reconciliation |
| March 31, 2015
| Fair Value Hierarchy Level |  | Cost |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value
|  |  |  |  | (In thousands) |  |
Fixed income securities: |  |  |  |  |  |  |  |  |
U.S. Treasury | 2 |  | $ | 788 |  |  | $ | 38 |  |  | $ | (4 | ) |  | $ | 822 |
Canadian government | 2 |  | 28,631 |  |  | 965 |  |  | (199 | ) |  | 29,397 |
Corporate | 2 |  | 14,003 |  |  | 372 |  |  | (139 | ) |  | 14,236 |
Residential mortgage-backed | 2 |  | 970 |  |  | 18 |  |  | (6 | ) |  | 982 |
Asset-backed | 2 |  | 666 |  |  | 10 |  |  | (8 | ) |  | 668 |
Equity securities: |  |  |  |  |  |  |  |  |
Preferred stock | 2 |  | 5,329 |  |  | 65 |  |  | (164 | ) |  | 5,230 |
Common stock: |  |  |  |  |  |  |  |  |
United States | 1 |  | 233,757 |  |  | 12,144 |  |  | (8,864 | ) |  | 237,037 |
Canada | 1 |  | 7,148 |  |  | 2,773 |  |  | (457 | ) |  | 9,464 |
Other international | 1 |  | 12,581 |  |  | 219 |  |  | (1,063 | ) |  | 11,737 |
Mutual funds: |  |  |  |  |  |  |  |  |
Equity | 1 |  | 17,658 |  |  | 3,211 |  |  | (267 | ) |  | 20,602 |
Fixed income | 1 |  | 884,376 |  |  | 7,121 |  |  | (10,102 | ) |  | 881,395 |
Private equity | 3 |  | 34,024 |  |  | 1,439 |  |  | (7,240 | ) |  | 28,223 |
Other | 3 |  | 13,188 |  |  | 1,539 |  |  | (919 | ) |  | 13,808 |
Cemetery perpetual care trust investments |  |  | $ | 1,253,119 |  |  | $ | 29,914 |  |  | $ | (29,432 | ) |  | $ | 1,253,601 |
| December 31, 2014
| Fair Value Hierarchy Level |  | Cost |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value
|  |  |  |  | (In thousands) |  |
Fixed income securities: |  |  |  |  |  |  |  |  |
U.S. Treasury | 2 |  | $ | 794 |  |  | $ | 40 |  |  | $ | (4 | ) |  | $ | 830 |
Canadian government | 2 |  | 31,993 |  |  | 442 |  |  | (233 | ) |  | 32,202 |
Corporate | 2 |  | 16,762 |  |  | 344 |  |  | (210 | ) |  | 16,896 |
Residential mortgage-backed | 2 |  | 910 |  |  | 15 |  |  | (6 | ) |  | 919 |
Asset-backed | 2 |  | 661 |  |  | 10 |  |  | (4 | ) |  | 667 |
Equity securities: |  |  |  |  |  |  |  |  |
Preferred stock | 2 |  | 4,439 |  |  | 60 |  |  | (12 | ) |  | 4,487 |
Common stock: |  |  |  |  |  |  |  |  |
United States | 1 |  | 225,129 |  |  | 9,340 |  |  | (4,881 | ) |  | 229,588 |
Canada | 1 |  | 7,419 |  |  | 2,737 |  |  | (596 | ) |  | 9,560 |
Other international | 1 |  | 8,102 |  |  | 90 |  |  | (399 | ) |  | 7,793 |
Mutual funds: |  |  |  |  |  |  |  |  |
Equity | 1 |  | 17,310 |  |  | 3,264 |  |  | (93 | ) |  | 20,481 |
Fixed income | 1 |  | 846,230 |  |  | 1,580 |  |  | (14,263 | ) |  | 833,547 |
Private equity | 3 |  | 34,288 |  |  | 408 |  |  | (10,788 | ) |  | 23,908 |
Other | 3 |  | 13,526 |  |  | 1,094 |  |  | (2,532 | ) |  | 12,088 |
Cemetery perpetual care trust investments |  |  | $ | 1,207,563 |  |  | $ | 19,424 |  |  | $ | (34,021 | ) |  | $ | 1,192,966 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation | The change in our market-based cemetery perpetual care trust investments with significant unobservable inputs (Level 3) is as follows:
| Three Months Ended
| March 31, 2015 |  | March 31, 2014
| Private Equity |  | Other |  | Private Equity |  | Other
| (In thousands)
Fair value, beginning balance | $ | 23,908 |  |  | $ | 12,088 |  |  | $ | 19,779 |  |  | $ | 11,590 |
Net unrealized gains included in Accumulated other comprehensive income(1) | 3,917 |  |  | 1,195 |  |  | 727 |  |  | 128 |
Net realized losses included in Other (expense) income, net(2) | (12 | ) |  | (15 | ) |  | (12 | ) |  | (6 | )
Sales | — |  |  | — |  |  | (17 | ) |  | — |
Contributions | 495 |  |  | 648 |  |  | 694 |  |  | — |
Distributions | (85 | ) |  | (108 | ) |  | (365 | ) |  | — |
Fair value, ending balance | $ | 28,223 |  |  | $ | 13,808 |  |  | $ | 20,806 |  |  | $ | 11,712 |
Investments Classified by Contractual Maturity Date | Maturity dates of our fixed income securities range from 2015 to 2045. Maturities of fixed income securities, excluding mutual funds, at March 31, 2015 are estimated as follows:
| Fair Value
| (In thousands)
Due in one year or less | $ | 18,620 |
Due in one to five years | 19,101 |
Due in five to ten years | 7,488 |
Thereafter | 896 |
| $ | 46,105 |

X
- Details
Name: | sci_CemeteryPerpetualCareTrustInvestmentsLineItems
Namespace Prefix: | sci_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition This table sets forth information regarding deposits,withdrawals, purchases and sales of securities, and realized gains and losses from those sales. + References No definition available. + Details
Name: | sci_InvestmentRelatedActivitiesTableTextBlock
Namespace Prefix: | sci_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of long-term receivables and investments, including trust investments, at market; cash and cash equivalents held by the trust; insurance policies held by the trust; and gross carrying value of long-term receivables from customers and unearned finance charges and cancellation allowance related to those receivables. + References No definition available. + Details
Name: | sci_LongTermReceivableAndInvestmentComponentsTableTextBlock
Namespace Prefix: | sci_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=sci_CemeteryPerpetualCareMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |