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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 5,812 $ 644
Accounts receivable, net 17,699 18,897
Inventories 6,692 6,751
Prepaid and other current assets 1,764 3,011
Total current assets 31,967 29,303
Preneed cemetery trust investments 68,333 62,432
Preneed funeral trust investments 87,059 82,074
Preneed cemetery receivables, net 19,467 18,441
Receivables from preneed trusts 17,989 17,073
Property, plant and equipment, net 258,035 260,838
Cemetery property, net 75,064 74,958
Goodwill 299,181 303,887
Intangible and other non-current assets, net 24,028 24,425
Operating lease right-of-use assets 22,628 0
Cemetery perpetual care trust investments 48,397 44,071
Total assets 952,148 917,502
Current liabilities:    
Current portion of long-term debt 1,679 2,015
Current portion of finance lease obligations 282 312
Current portion of operating lease obligations 1,524 0
Accounts payable 6,135 9,987
Accrued and other liabilities 29,270 22,644
Total current liabilities 38,890 34,958
Long-term debt, net of current portion 6,135 6,925
Long-term Line of Credit 17,099 26,145
Convertible subordinated notes due 2021 5,902 5,732
Senior notes due 2026 319,577 319,108
Obligations under finance leases, net of current portion 5,929 6,143
Obligations under operating leases, net of current portion 21,758 0
Deferred preneed cemetery revenue 45,195 45,997
Deferred preneed funeral revenue 29,522 28,606
Deferred tax liability 32,533 31,263
Other long-term liabilities 1,935 3,133
Deferred preneed cemetery receipts held in trust 68,333 62,432
Deferred preneed funeral receipts held in trust 87,059 82,074
Care trusts’ corpus 47,771 43,494
Total liabilities 727,638 696,010
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.01 par value; 80,000,000 shares authorized and 25,703,490 and 25,851,442 shares issued at December 31, 2018 and September 30, 2019, respectively 259 257
Additional paid-in capital 242,657 243,849
Retained earnings 83,644 71,680
Treasury stock, at cost; 7,625,339 and 8,025,339 at December 31, 2018 and September 30, 2019, respectively (102,050) (94,294)
Total stockholders’ equity 224,510 221,492
Total liabilities and stockholders’ equity $ 952,148 $ 917,502