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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 2,966 $ 1,377
Accounts receivable, net of allowance for bad debts of $847 in 2013 and $1,015 in 2014 17,762 17,950
Assets held for sale 0 3,544
Inventories 5,460 5,300
Prepaid expenses 3,939 4,421
Other current assets 4,187 3,525
Total current assets 34,314 36,117
Preneed cemetery trust investments 73,072 68,341
Preneed funeral trust investments 98,525 97,144
Preneed receivables, net of allowance for bad debts of $1,825 in 2013 and $2,093 in 2014 26,053 24,521
Receivables from preneed trusts 12,252 11,166
Property, plant and equipment, net of accumulated depreciation of $88,627 in 2013 and $93,595 in 2014 183,782 160,690
Cemetery property 75,437 72,911
Goodwill 257,504 221,087
Deferred charges and other non-current assets 14,523 12,280
Cemetery perpetual care trust investments 50,234 42,342
Total assets 825,696 746,599
Current liabilities:    
Current portion of long-term debt and capital lease obligations 9,883 13,424
Accounts payable 7,831 7,046
Other liabilities 2,163 9,939
Accrued liabilities 15,037 12,854
Liabilities associated with assets held for sale 0 4,357
Total current liabilities 34,914 47,620
Long-term debt, net of current portion 114,311 105,642
Revolving credit facility 42,300 36,900
Convertible junior subordinated debentures due in 2029 to an affiliate 0 89,770
Convertible subordinated notes due 2021 113,737 0
Obligations under capital leases, net of current portion 3,151 3,786
Deferred preneed cemetery revenue 57,340 55,479
Deferred preneed funeral revenue 30,833 30,588
Deferred tax liability 31,369 11,915
Other long-term liabilities 1,490 1,548
Deferred preneed cemetery receipts held in trust 73,072 68,341
Deferred preneed funeral receipts held in trust 98,525 97,144
Care trusts’ corpus 50,203 41,893
Total liabilities 651,245 590,626
Commitments and contingencies      
Stockholders’ equity:    
Common stock, $.01 par value; 80,000,000 shares authorized; 22,183,000 and 22,423,000 shares issued at December 31, 2013 and September 30, 2014, respectively 224 222
Additional paid-in capital 212,339 204,324
Accumulated deficit (22,845) (33,306)
Treasury stock, at cost; 3,922,000 shares at December 31, 2013 and September 30, 2014 (15,267) (15,267)
Total stockholders’ equity 174,451 155,973
Total liabilities and stockholders’ equity $ 825,696 $ 746,599