XML 35 R23.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Segment Reporting Level 1 (Notes) | 12 Months Ended
--- | ---
Dec. 31, 2016
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | Segment Reporting Our operations are both product based and geographically based, and the reportable operating segments presented below include our funeral and cemetery operations. Our geographic areas include United States and Canada. We conduct both funeral and cemetery operations in the United States and Canada. Our reportable segment information is as follows:
| Reportable Segments |  |  |  |
| Funeral |  | Cemetery |  | Corporate |  | Consolidated
| (In thousands) |  |
2016 |  |  |  |  |  |  |  |  |  |
Revenue from external customers | $ | 1,868,883 |  |  | $ | 1,162,254 |  |  | $ | — |  |  | $ | 3,031,137 |
Interest expense | $ | 3,910 |  |  | $ | 101 |  |  | $ | 158,082 |  |  | $ | 162,093 |
Depreciation and amortization | $ | 106,251 |  |  | $ | 31,432 |  |  | $ | 9,550 |  |  | $ | 147,233 |
Amortization of intangible assets | $ | 20,442 |  |  | $ | 10,440 |  |  | $ | 74 |  |  | $ | 30,956 |
Gross profit | $ | 364,237 |  |  | $ | 312,197 |  |  | $ | — |  |  | $ | 676,434 |
Amortization of cemetery property | $ | — |  |  | $ | 66,745 |  |  | $ | — |  |  | $ | 66,745 |
Capital expenditures | $ | 68,434 |  |  | $ | 113,395 |  |  | $ | 11,617 |  |  | $ | 193,446 |
Total assets | $ | 5,156,144 |  |  | $ | 6,484,317 |  |  | $ | 397,688 |  |  | $ | 12,038,149 |
2015 |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers | $ | 1,888,828 |  |  | $ | 1,097,213 |  |  | $ | — |  |  | $ | 2,986,041 |
Interest expense | $ | 4,230 |  |  | $ | 450 |  |  | $ | 168,217 |  |  | $ | 172,897 |
Depreciation and amortization | $ | 102,937 |  |  | $ | 29,783 |  |  | $ | 8,736 |  |  | $ | 141,456 |
Amortization of intangible assets | $ | 22,636 |  |  | $ | 8,748 |  |  | $ | 75 |  |  | $ | 31,459 |
Gross profit | $ | 393,156 |  |  | $ | 281,433 |  |  | $ | — |  |  | $ | 674,589 |
Amortization of cemetery property | $ | — |  |  | $ | 62,407 |  |  | $ | — |  |  | $ | 62,407 |
Capital expenditures | $ | 52,880 |  |  | $ | 84,345 |  |  | $ | 13,761 |  |  | $ | 150,986 |
Total assets | $ | 5,141,544 |  |  | $ | 6,181,877 |  |  | $ | 352,976 |  |  | $ | 11,676,397 |
2014 |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers | $ | 1,920,475 |  |  | $ | 1,073,536 |  |  | $ | — |  |  | $ | 2,994,011 |
Interest expense | $ | 4,714 |  |  | $ | 510 |  |  | $ | 172,347 |  |  | $ | 177,571 |
Depreciation and amortization | $ | 101,801 |  |  | $ | 28,745 |  |  | $ | 9,456 |  |  | $ | 140,002 |
Amortization of intangible assets | $ | 24,841 |  |  | $ | 11,700 |  |  | $ | 99 |  |  | $ | 36,640 |
Gross profit | $ | 409,701 |  |  | $ | 265,984 |  |  | $ | — |  |  | $ | 675,685 |
Amortization of cemetery property | $ | — |  |  | $ | 60,439 |  |  | $ | — |  |  | $ | 60,439 |
Capital expenditures | $ | 52,610 |  |  | $ | 78,588 |  |  | $ | 13,301 |  |  | $ | 144,499 |
The following table reconciles gross profit from reportable segments shown above to our consolidated income from continuing operations before income taxes:
| 2016 |  | 2015 |  | 2014
| (In thousands)
Gross profit from reportable segments | $ | 676,434 |  |  | $ | 674,589 |  |  | $ | 675,685 |
General and administrative expenses | (137,730 | ) |  | (130,813 | ) |  | (184,749 | )
(Losses) gains on divestitures and impairment charges, net | (26,819 | ) |  | 6,522 |  |  | 116,613 |
Operating income | 511,885 |  |  | 550,298 |  |  | 607,549 |
Interest expense | (162,093 | ) |  | (172,897 | ) |  | (177,571 | )
Losses on early extinguishment of debt, net | (22,503 | ) |  | (6,918 | ) |  | (29,158 | )
Other (expense) income, net | (631 | ) |  | (132 | ) |  | 1,780 |
Income from continuing operations before income taxes | $ | 326,658 |  |  | $ | 370,351 |  |  | $ | 402,600 |
Our geographic area information was as follows:
| United States |  | Canada |  | Total
| (In thousands)
2016 |  |  |  |  |  |  |  |
Revenue from external customers | $ | 2,848,876 |  |  | $ | 182,261 |  |  | $ | 3,031,137 |
Interest expense (income) | $ | 162,341 |  |  | $ | (248 | ) |  | $ | 162,093 |
Depreciation and amortization | $ | 138,560 |  |  | $ | 8,673 |  |  | $ | 147,233 |
Amortization of intangible assets | $ | 30,427 |  |  | $ | 529 |  |  | $ | 30,956 |
Amortization of cemetery property | $ | 61,449 |  |  | $ | 5,296 |  |  | $ | 66,745 |
Operating income | $ | 460,387 |  |  | $ | 51,498 |  |  | $ | 511,885 |
(Losses) gains on divestitures and impairment charges, net | $ | (27,658 | ) |  | $ | 839 |  |  | $ | (26,819 | )
Long-lived assets | $ | 5,705,070 |  |  | $ | 266,053 |  |  | $ | 5,971,123 |
2015 |  |  |  |  |  |  |  |
Revenue from external customers | $ | 2,805,407 |  |  | $ | 180,634 |  |  | $ | 2,986,041 |
Interest expense | $ | 172,697 |  |  | $ | 200 |  |  | $ | 172,897 |
Depreciation and amortization | $ | 132,393 |  |  | $ | 9,063 |  |  | $ | 141,456 |
Amortization of intangible assets | $ | 30,856 |  |  | $ | 603 |  |  | $ | 31,459 |
Amortization of cemetery property | $ | 58,429 |  |  | $ | 3,978 |  |  | $ | 62,407 |
Operating income | $ | 498,634 |  |  | $ | 51,664 |  |  | $ | 550,298 |
Gains on divestitures and impairment charges, net | $ | 1,778 |  |  | $ | 4,744 |  |  | $ | 6,522 |
Long-lived assets | $ | 5,729,721 |  |  | $ | 248,734 |  |  | $ | 5,978,455 |
2014 |  |  |  |  |  |  |  |
Revenue from external customers | $ | 2,792,009 |  |  | $ | 202,002 |  |  | $ | 2,994,011 |
Interest expense | $ | 177,245 |  |  | $ | 326 |  |  | $ | 177,571 |
Depreciation and amortization | $ | 129,510 |  |  | $ | 10,492 |  |  | $ | 140,002 |
Amortization of intangible assets | $ | 35,895 |  |  | $ | 745 |  |  | $ | 36,640 |
Amortization of cemetery property | $ | 55,679 |  |  | $ | 4,760 |  |  | $ | 60,439 |
Operating income | $ | 557,608 |  |  | $ | 49,941 |  |  | $ | 607,549 |
Gains on divestitures and impairment charges, net | $ | 116,046 |  |  | $ | 567 |  |  | $ | 116,613 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration