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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 716 $ 644
Accounts receivable, net 21,478 18,897
Inventories 6,989 6,751
Prepaid and other current assets 1,596 1,456
Prepaid Expense and Other 10,667 3,011
Total current assets 39,850 29,303
Preneed cemetery trust investments 72,382 62,432
Preneed funeral trust investments 96,335 82,074
Preneed cemetery receivables, net 20,173 18,441
Receivables from preneed trusts 18,024 17,073
Property, plant and equipment, net 279,200 260,838
Cemetery property, net 87,032 74,958
Goodwill 398,292 303,887
Intangible and other non-current assets, net 32,116 24,425
Operating lease right-of-use assets 22,304 0
Cemetery perpetual care trust investments 64,047 44,071
Total assets 1,129,755 917,502
Current liabilities:    
Current portion of long-term debt 1,306 2,015
Current portion of finance lease obligations 290 312
Current portion of operating lease obligations 1,554 0
Accounts payable 8,413 9,987
Accrued and other liabilities 24,026 22,644
Total current liabilities 35,589 34,958
Long-term debt, net of current portion 5,658 6,925
Credit facility 82,182 26,145
Convertible subordinated notes due 2021 5,971 5,732
Principal amount 90,764  
Obligations under finance leases, net of current portion 5,854 6,143
Obligations under operating leases, net of current portion 21,533 0
Deferred preneed cemetery revenue 46,569 45,997
Deferred preneed funeral revenue 29,145 28,606
Deferred tax liability 41,368 31,263
Other long-term liabilities 1,737 3,133
Deferred preneed cemetery receipts held in trust 72,382 62,432
Deferred preneed funeral receipts held in trust 96,335 82,074
Care trusts’ corpus 63,416 43,494
Total liabilities 903,186 696,010
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.01 par value; 80,000,000 shares authorized; 25,703,490 and 25,880,362 issued as of December 31, 2018 and 2019, respectively 259 257
Additional paid-in capital 242,147 243,849
Retained earnings 86,213 71,680
Treasury stock, at cost; 7,625,339 and 8,025,339 shares at December 31, 2018 and 2019, respectively (102,050) (94,294)
Total stockholders’ equity 226,569 221,492
Total liabilities and stockholders’ equity 1,129,755 917,502
Senior Notes [Member]    
Current liabilities:    
Principal amount $ 395,447 $ 319,108