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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 1,518 $ 1,698
Accounts receivable, net of allowance for bad debts of $1,177 in 2012 and $841 in 2013 16,869 17,812
Assets held for sale 20,108 1,466
Inventories 4,736 5,133
Prepaid expenses 3,518 5,107
Other current assets 2,171 1,923
Total current assets 48,920 33,139
Preneed cemetery trust investments 66,749 70,960
Preneed funeral trust investments 93,170 82,896
Preneed receivables, net of allowance for bad debts of $2,059 in 2012 and $1,819 in 2013 24,923 23,222
Receivables from preneed trusts 13,557 25,871
Property, plant and equipment, net of accumulated depreciation of $84,291 in 2012 and $85,151 in 2013 154,415 152,433
Cemetery property 73,404 75,156
Goodwill 217,244 218,442
Deferred charges and other non-current assets 8,243 9,424
Cemetery perpetual care trust investments 39,485 46,542
Total assets 740,110 738,085
Current liabilities:    
Current portion of senior long-term debt and capital lease obligations 12,139 11,218
Accounts payable 5,064 5,243
Other liabilities 15,782 13,067
Accrued liabilities 12,199 12,278
Liabilities associated with assets held for sale 20,158 369
Total current liabilities 65,342 42,175
Long-term debt, net of current portion 112,621 118,841
Line of credit 34,600 44,700
Convertible junior subordinated debentures due in 2029 to an affiliate 89,770 89,770
Obligations under capital leases, net of current portion 3,900 4,013
Deferred preneed cemetery revenue 56,371 63,998
Deferred preneed funeral revenue 32,838 39,794
Deferred preneed cemetery receipts held in trust 66,749 70,960
Deferred preneed funeral receipts held in trust 93,170 82,896
Care trusts’ corpus 39,133 45,920
Total liabilities 594,494 603,067
Commitments and contingencies      
Redeemable preferred stock 0 200
Stockholders’ equity:    
Common stock, $.01 par value; 80,000,000 shares authorized; 22,078,000 and 22,147,000 shares issued at December 31, 2012 and June 30, 2013, respectively 221 221
Additional paid-in capital 203,861 202,462
Accumulated deficit (43,199) (52,598)
Treasury stock, at cost; 3,922,000 shares at December 31, 2012 and June 30, 2013 (15,267) (15,267)
Total stockholders’ equity 145,616 134,818
Total liabilities and stockholders’ equity $ 740,110 $ 738,085