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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 21,958 $ 1,377
Accounts receivable, net of allowance for bad debts of $847 in 2013 and $917 in 2014 17,715 17,950
Assets held for sale 0 3,544
Inventories 5,348 5,300
Prepaid expenses 4,387 4,421
Other current assets 1,754 3,525
Total current assets 51,162 36,117
Preneed cemetery trust investments 69,475 68,341
Preneed funeral trust investments 100,204 97,144
Preneed receivables, net of allowance for bad debts of $1,825 in 2013 and $1,887 in 2014 24,282 24,521
Receivables from preneed trusts 11,738 11,166
Property, plant and equipment, net of accumulated depreciation of $88,627 in 2013 and $90,250 in 2014 161,829 160,690
Cemetery property 72,852 72,911
Goodwill 220,945 221,087
Deferred charges and other non-current assets 13,416 12,280
Cemetery perpetual care trust investments 43,529 42,342
Total assets 769,432 746,599
Current liabilities:    
Current portion of senior long-term debt and capital lease obligations 14,078 13,424
Accounts payable 5,231 7,046
Other liabilities 9,350 9,939
Accrued liabilities 12,558 12,854
Liabilities associated with assets held for sale 0 4,357
Total current liabilities 41,217 47,620
Long-term debt, net of current portion 101,783 105,642
Revolving credit facility 0 36,900
Convertible junior subordinated debentures due in 2029 to an affiliate 27,860 89,770
Convertible subordinated notes due 2021 112,261 0
Obligations under capital leases, net of current portion 1,343 3,786
Deferred preneed cemetery revenue 55,019 55,479
Deferred preneed funeral revenue 31,102 30,588
Deferred tax liability 18,290 11,915
Other long-term liabilities 1,612 1,548
Deferred preneed cemetery receipts held in trust 69,475 68,341
Deferred preneed funeral receipts held in trust 100,204 97,144
Care trusts’ corpus 43,566 41,893
Total liabilities 603,732 590,626
Commitments and contingencies      
Redeemable preferred stock 0 0
Stockholders’ equity:    
Common stock, $.01 par value; 80,000,000 shares authorized; 22,183,000 and 22,408,000 shares issued at December 31, 2013 and March 31, 2014, respectively 224 222
Additional paid-in capital 211,831 204,324
Accumulated deficit (31,088) (33,306)
Treasury stock, at cost; 3,922,000 shares at December 31, 2013 and March 31, 2014 (15,267) (15,267)
Total stockholders’ equity 165,700 155,973
Total liabilities and stockholders’ equity $ 769,432 $ 746,599