Revenue From Contracts With Customers (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Revenues, disaggregated by major source for each of our reportable segments was as follows (in thousands):



Three months ended March 31, 2018
	Funeral		Cemetery		Total
Services	$	36,300	$	3,121	$	39,421
Merchandise	19,982		1,957		21,939
Cemetery interment rights	—		7,509		7,509
Revenue from contracts with customers	$	56,282	$	12,587	$	68,869

Preneed funeral commission income	$	260	$	—	$	260
Preneed trust earnings	1,914		1,549		3,463
Preneed trust management fees	138		210		348
Preneed cemetery finance charges	—		447		447
Financial revenues	$	2,312	$	2,206	$	4,518
Total Revenues	$	58,594	$	14,793	$	73,387



Three months ended March 31, 2017
	Funeral		Cemetery		Total
Services	$	32,799	$	3,000	$	35,799
Merchandise	19,163		1,843		21,006
Cemetery interment rights	—		6,905		6,905
Revenue from contracts with customers	$	51,962	$	11,748	$	63,710

Preneed funeral commission income	$	303	$	—	$	303
Preneed trust earnings	1,809		1,514		3,323
Preneed trust management fees	137		202		339
Preneed cemetery finance charges	—		482		482
Financial revenues	$	2,249	$	2,198	$	4,447
Total Revenues	$	54,211	$	13,946	$	68,157

Contract with Customer, Asset and Liability

Deferred revenue is presented net of amounts due on undelivered preneed contracts shown below as of January 1, 2018 and March 31, 2018 (in thousands):



	January 1, 2018⁽¹⁾			March 31, 2018
Contract liabilities:
Deferred preneed cemetery revenue	$	54,690		$	55,292
Less: Balances due on undelivered cemetery preneed contracts⁽²⁾	(4,594		)	(4,495		)
Deferred preneed cemetery revenue, net	$	50,096		$	50,797

Deferred preneed funeral revenue	$	34,585		$	35,329
Less: Balances due on undelivered funeral preneed contracts⁽³⁾	(7,934		)	(8,078		)
Deferred preneed funeral revenue, net	$	26,651		$	27,251




(1)	January 1, 2018 balances have been adjusted to reflect the cumulative effect of changes for the adoption of ASC 606.
(2)	In accordance with Topic 606, $1.4 million of cemetery accounts receivables have been reclassified to reduce deferred preneed cemetery revenue at both January 1, 2018 and March 31, 2018 and $3.2 million and $3.1 million of preneed cemetery receivables have been reclassified to reduce deferred preneed cemetery revenue at January 1, 2018 and March 31, 2018, respectively.
(3)	In accordance with Topic 606, $7.9 million and $8.1 million of preneed funeral receivables have been reclassified to reduce deferred preneed funeral revenue at January 1, 2018 and March 31, 2018, respectively.