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Pay vs Performance Disclosure - USD ($) | 12 Months Ended
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Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Pay vs Performance Disclosure |  |  |  |
Pay vs Performance Disclosure, Table |
|  |  |  |  | Value of Initial Fixed $100 Investment Based on: |  |  |
Year | Summary Compensation Table (SCT) Total Compensation for CEO(1) | Compensation Actually Paid to CEO(1),(2),(4) | Average SCT Total Compensation for Other NEOs(1) | Average Compensation Actually Paid to Other NEOs(1),(3),(4) | Cumulative TSR | Peer Group Cumulative TSR(5) | Post-Tax Net Income (In thousands) |  | Normalized Earnings Per Share(6)
2023 | $ | 11,256,728 |  | $ | 11,187,121 |  | $ | 3,001,820 |  | $ | 2,971,933 |  | $ | 158.90 |  | $ | 126.90 |  | $ | 537,317 |  |  | $ | 3.44 |
2022 | 12,736,183 |  | 14,191,951 |  | 3,528,998 |  | 4,193,758 |  | 157.70 |  | 116.00 |  | 565,338 |  |  | 3.85
2021 | 11,708,035 |  | 29,259,594 |  | 3,229,307 |  | 6,124,407 |  | 159.40 |  | 155.30 |  | 802,939 |  |  | 4.53
2020 | 11,529,920 |  | 13,218,050 |  | 2,920,816 |  | 3,233,364 |  | 108.60 |  | 109.00 |  | 515,907 |  |  | 2.86
(1)For each year presented, Thomas L. Ryan was our CEO. For years 2022, 2021 and 2020, Eric D. Tanzberger, Sumner J. Waring, III, Steven A. Tidwell, and Gregory T. Sangalis were the individuals comprising the Other NEOs. Gregory T. Sangalis effectively retired on March 22, 2023 and was replaced by Elisabeth G. Nash. For year 2023, Eric D. Tanzberger, Sumner J. Waring, III, Steven A. Tidwell, and Elisabeth G. Nash were the individuals comprising the Other NEOs. (2)To calculate the amounts in the "Compensation Actually Paid to CEO" column in the table above, the following amounts were deducted from and added to (as applicable) our CEO's "Total" compensation as reported in the SCT:
Compensation Actually Paid to CEO | 2023 | 2022 | 2021 | 2020
Total Compensation as Reported in SCT | $ | 11,256,728 |  | $ | 12,736,183 |  | $ | 11,708,035 |  | $ | 11,529,920 |
Pension and Equity Values Reported in SCT | (7,448,241) |  | (6,879,013) |  | (6,021,236) |  | (7,318,678) |
Fair Value of Equity Compensation Granted in Current Year - Value at Year End | 6,644,691 |  | 9,821,155 |  | 12,367,931 |  | 6,744,257 |
Dividends Paid on Unvested Restricted Share Awards | 77,728 |  | 77,588 |  | 73,011 |  | 69,654 |
Change in the Fair Value of Awards Made in Prior Fiscal Years That Were Unvested at End of Current Fiscal Year | (194,998) |  | 2,187,970 |  | 10,527,347 |  | 1,233,016 |
Change in the Fair Value of Awards Made in Prior Fiscal Years That Vested During Current Fiscal Year | 851,213 |  | (3,751,932) |  | 604,506 |  | 959,881 |
Compensation Actually Paid to CEO | $ | 11,187,121 |  | $ | 14,191,951 |  | $ | 29,259,594 |  | $ | 13,218,050 |
(3)To calculate the amounts in the "Average Compensation Actually Paid to Other NEOs" column in the table above, the following amounts were deducted from and added to (as applicable) our Other NEOs "Total" compensation as reported in the SCT for that year:
Average Compensation Actually Paid to Other NEOs | 2023 | 2022 | 2021 | 2020
Total Compensation as Reported in SCT | $ | 3,001,820 |  | $ | 3,528,998 |  | $ | 3,229,307 |  | $ | 2,920,816 |
Pension and Equity Values Reported in SCT | (1,490,513) |  | (1,317,879) |  | (1,154,731) |  | (1,373,938) |
Fair Value of Equity Compensation Granted in Current Year - Value at Year End | 1,329,663 |  | 1,900,629 |  | 2,013,352 |  | 1,267,017 |
Dividends Paid on Unvested Restricted Share Awards | 15,036 |  | 14,891 |  | 13,840 |  | 12,994 |
Change in the Fair Value of Awards Made in Prior Fiscal Years That Were Unvested at End of Current Fiscal Year | (39,400) |  | 772,621 |  | 1,972,241 |  | 228,765 |
Change in the Fair Value of Awards Made in Prior Fiscal Years That Vested During Current Fiscal Year | 155,327 |  | (705,502) |  | 50,398 |  | 177,710 |
Average Compensation Actually Paid to Other NEOs | $ | 2,971,933 |  | $ | 4,193,758 |  | $ | 6,124,407 |  | $ | 3,233,364 |
(4)The weighted average key assumptions utilized to determine the equity awards adjustments in the Compensation Actually Paid tables above were as follows:
Weighted Average Assumptions | 2023 | 2022 | 2021 | 2020
Dividend Yield | 1.5 | % | 1.6 | % | 1.7 | % | 1.7 | %
Expected Volatility | 27.4 | % | 26.2 | % | 24.2 | % | 21.8 | %
Risk-Free Interest Rate | 4.2 | % | 2.9 | % | 0.4 | % | 0.8 | %
Expected Holding Period (Years) | 2.6 |  | 2.1 |  | 2.1 |  | 2.1 |
Market Price of Stock | $ | 70.10 |  | $ | 63.95 |  | $ | 60.74 |  | $ | 48.93 |
Exercise Price | $ | 56.64 |  | $ | 50.53 |  | $ | 45.67 |  | $ | 40.06 |
(5)The Peer Group Cumulative TSR set forth in this table utilizes a custom group of peer companies (the “Peer Group”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2023. The Peer Group comprises Carriage Services, Inc., Hillenbrand Inc., Matthews International Corp., and Park Lawn Corporation. TSR is determined based on the value of an initial fixed investment of $100. Total return data assumes reinvestment of dividends. (6)We believe normalized earnings per share drives the performance of the Company and enhances shareholder value. Normalized Earnings per Share is calculated by applying a targeted effective tax rate of approximately 24% to the Company’s calculation of its reported diluted earnings per share and further adjusting to exclude certain non-routine items as described in the Performance Measures section of the Compensation Discussion and Analysis (CD&A) on page 47. The following is the list of the metrics used by the Company to link the compensation of our NEOs to Company performance. |  |  |
Named Executive Officers, Footnote | Eric D. Tanzberger, Sumner J. Waring, III, Steven A. Tidwell, and Gregory T. Sangalis were the individuals comprising the Other NEOs. Gregory T. Sangalis effectively retired on March 22, 2023 and was replaced by Elisabeth G. Nash. For year 2023, Eric D. Tanzberger, Sumner J. Waring, III, Steven A. Tidwell, and Elisabeth G. Nash were the individuals comprising the Other NEOs. |  |  |
Peer Group Issuers, Footnote | The Peer Group Cumulative TSR set forth in this table utilizes a custom group of peer companies (the “Peer Group”), which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2023. The Peer Group comprises Carriage Services, Inc., Hillenbrand Inc., Matthews International Corp., and Park Lawn Corporation. TSR is determined based on the value of an initial fixed investment of $100. Total return data assumes reinvestment of dividends. |  |  |
PEO Total Compensation Amount | $ 11,256,728 | $ 12,736,183 | $ 11,708,035 | $ 11,529,920
PEO Actually Paid Compensation Amount | $ 11,187,121 | 14,191,951 | 29,259,594 | 13,218,050
Adjustment To PEO Compensation, Footnote | To calculate the amounts in the "Compensation Actually Paid to CEO" column in the table above, the following amounts were deducted from and added to (as applicable) our CEO's "Total" compensation as reported in the SCT:
Compensation Actually Paid to CEO | 2023 | 2022 | 2021 | 2020
Total Compensation as Reported in SCT | $ | 11,256,728 |  | $ | 12,736,183 |  | $ | 11,708,035 |  | $ | 11,529,920 |
Pension and Equity Values Reported in SCT | (7,448,241) |  | (6,879,013) |  | (6,021,236) |  | (7,318,678) |
Fair Value of Equity Compensation Granted in Current Year - Value at Year End | 6,644,691 |  | 9,821,155 |  | 12,367,931 |  | 6,744,257 |
Dividends Paid on Unvested Restricted Share Awards | 77,728 |  | 77,588 |  | 73,011 |  | 69,654 |
Change in the Fair Value of Awards Made in Prior Fiscal Years That Were Unvested at End of Current Fiscal Year | (194,998) |  | 2,187,970 |  | 10,527,347 |  | 1,233,016 |
Change in the Fair Value of Awards Made in Prior Fiscal Years That Vested During Current Fiscal Year | 851,213 |  | (3,751,932) |  | 604,506 |  | 959,881 |
Compensation Actually Paid to CEO | $ | 11,187,121 |  | $ | 14,191,951 |  | $ | 29,259,594 |  | $ | 13,218,050 |
Non-PEO NEO Average Total Compensation Amount | $ 3,001,820 | 3,528,998 | 3,229,307 | 2,920,816
Non-PEO NEO Average Compensation Actually Paid Amount | $ 2,971,933 | 4,193,758 | 6,124,407 | 3,233,364
Adjustment to Non-PEO NEO Compensation Footnote | To calculate the amounts in the "Average Compensation Actually Paid to Other NEOs" column in the table above, the following amounts were deducted from and added to (as applicable) our Other NEOs "Total" compensation as reported in the SCT for that year:
Average Compensation Actually Paid to Other NEOs | 2023 | 2022 | 2021 | 2020
Total Compensation as Reported in SCT | $ | 3,001,820 |  | $ | 3,528,998 |  | $ | 3,229,307 |  | $ | 2,920,816 |
Pension and Equity Values Reported in SCT | (1,490,513) |  | (1,317,879) |  | (1,154,731) |  | (1,373,938) |
Fair Value of Equity Compensation Granted in Current Year - Value at Year End | 1,329,663 |  | 1,900,629 |  | 2,013,352 |  | 1,267,017 |
Dividends Paid on Unvested Restricted Share Awards | 15,036 |  | 14,891 |  | 13,840 |  | 12,994 |
Change in the Fair Value of Awards Made in Prior Fiscal Years That Were Unvested at End of Current Fiscal Year | (39,400) |  | 772,621 |  | 1,972,241 |  | 228,765 |
Change in the Fair Value of Awards Made in Prior Fiscal Years That Vested During Current Fiscal Year | 155,327 |  | (705,502) |  | 50,398 |  | 177,710 |
Average Compensation Actually Paid to Other NEOs | $ | 2,971,933 |  | $ | 4,193,758 |  | $ | 6,124,407 |  | $ | 3,233,364 |
Equity Valuation Assumption Difference, Footnote | The weighted average key assumptions utilized to determine the equity awards adjustments in the Compensation Actually Paid tables above were as follows:
Weighted Average Assumptions | 2023 | 2022 | 2021 | 2020
Dividend Yield | 1.5 | % | 1.6 | % | 1.7 | % | 1.7 | %
Expected Volatility | 27.4 | % | 26.2 | % | 24.2 | % | 21.8 | %
Risk-Free Interest Rate | 4.2 | % | 2.9 | % | 0.4 | % | 0.8 | %
Expected Holding Period (Years) | 2.6 |  | 2.1 |  | 2.1 |  | 2.1 |
Market Price of Stock | $ | 70.10 |  | $ | 63.95 |  | $ | 60.74 |  | $ | 48.93 |
Exercise Price | $ | 56.64 |  | $ | 50.53 |  | $ | 45.67 |  | $ | 40.06 |
Compensation Actually Paid vs. Total Shareholder Return |
¢ | Compensation Actually Paid to CEO (in millions)
¢ | Average Compensation Actually Paid to Other NEOs (in millions)
— | SCI TSR
— | Peer Group TSR
Compensation Actually Paid vs. Net Income |
¢ | Compensation Actually Paid to CEO (in millions)
¢ | Average Compensation Actually Paid to Other NEOs (in millions)
— | Post-Tax Net Income (in millions)
Compensation Actually Paid vs. Company Selected Measure |
¢ | Compensation Actually Paid to CEO (in millions)
¢ | Average Compensation Actually Paid to Other NEOs (in millions)
— | Normalized Earnings Per Share
Total Shareholder Return Amount | $ 158.90 | 157.70 | 159.40 | 108.60
Peer Group Total Shareholder Return Amount | 126.90 | 116.00 | 155.30 | 109.00
Net Income (Loss) | $ 537,317,000 | $ 565,338,000 | $ 802,939,000 | $ 515,907,000
Company Selected Measure Amount | 3.44 | 3.85 | 4.53 | 2.86
PEO Name | Thomas L. Ryan |  |  |
Measure:: 1 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Non-GAAP Measure Description | We believe normalized earnings per share drives the performance of the Company and enhances shareholder value. Normalized Earnings per Share is calculated by applying a targeted effective tax rate of approximately 24% to the Company’s calculation of its reported diluted earnings per share and further adjusting to exclude certain non-routine items as described in the Performance Measures section of the Compensation Discussion and Analysis (CD&A) on page 47. The following is the list of the metrics used by the Company to link the compensation of our NEOs to Company performance. |  |  |
Measure:: 2 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | Normalized Earnings Per Share |  |  |
Measure:: 3 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | Customer Satisfaction Ratings |  |  |
Measure:: 4 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | Normalized Free Cash Flow Per Share |  |  |
Measure:: 5 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | Total Shareholder Return |  |  |
Measure:: 6 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | Comparable Preneed Production |  |  |
Measure:: 7 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | Normalized Return on Equity |  |  |
PEO | Pension and Equity Values Reported in SCT [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | $ (7,448,241) | $ (6,879,013) | $ (6,021,236) | $ (7,318,678)
PEO | Fair Value of Equity Compensation Granted in Current Year - Value at Year End [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | 6,644,691 | 9,821,155 | 12,367,931 | 6,744,257
PEO | Dividends Paid on Unvested Restricted Share Awards [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | 77,728 | 77,588 | 73,011 | 69,654
PEO | Change in the Fair Value of Awards Made in Prior Fiscal Years That Were Unvested at End of Current Fiscal Year [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | (194,998) | 2,187,970 | 10,527,347 | 1,233,016
PEO | Change in the Fair Value of Awards Made in Prior Fiscal Years That Vested During Current Fiscal Year [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | 851,213 | (3,751,932) | 604,506 | 959,881
Non-PEO NEO | Pension and Equity Values Reported in SCT [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | (1,490,513) | (1,317,879) | (1,154,731) | (1,373,938)
Non-PEO NEO | Fair Value of Equity Compensation Granted in Current Year - Value at Year End [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | 1,329,663 | 1,900,629 | 2,013,352 | 1,267,017
Non-PEO NEO | Dividends Paid on Unvested Restricted Share Awards [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | 15,036 | 14,891 | 13,840 | 12,994
Non-PEO NEO | Change in the Fair Value of Awards Made in Prior Fiscal Years That Were Unvested at End of Current Fiscal Year [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | (39,400) | 772,621 | 1,972,241 | 228,765
Non-PEO NEO | Change in the Fair Value of Awards Made in Prior Fiscal Years That Vested During Current Fiscal Year [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | $ 155,327 | $ (705,502) | $ 50,398 | $ 177,710

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