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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Net income $ 2,200 $ 11,387
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,247 8,920
Provision for bad debt and credit losses 1,507 724
Stock-based compensation expense 1,546 1,103
Deferred income tax (benefit) expense 4,867 1,309
Amortization of deferred financing costs 393 189
Amortization of capitalized commissions on preneed contracts 285 277
Accretion of discount on convertible subordinated notes 131 117
Accretion of debt discount, net of debt premium on senior notes 151 242
Net loss on sale and disposal of other assets 96 168
Goodwill and other intangible asset impairments 14,693 0
Other 19 121
Changes in operating assets and liabilities that provided (required) cash:    
Accounts and preneed receivables 2,231 (1,116)
Inventories, prepaid and other current assets (6,610) 1,446
Intangible and other non-current assets (150) (212)
Preneed funeral and cemetery trust investments 214 (5,033)
Accounts payable (516) (3,156)
Accrued and other liabilities (411) 61
Deferred preneed funeral and cemetery revenue 1,054 863
Deferred preneed funeral and cemetery receipts held in trust 54 4,502
Net cash provided by operating activities 31,001 21,912
Cash flows from investing activities:    
Acquisitions (28,011) 0
Net proceeds from the sale of other assets 78 100
Capital expenditures (5,786) (8,654)
Net cash used in investing activities (33,719) (8,554)
Cash flows from financing activities:    
Borrowings from the credit facility 75,900 23,300
Payments against the credit facility (70,000) (25,800)
Redemption of the 2.75% convertible subordinated notes 0 27
Payments on acquisition debt and obligations under finance leases (679) (910)
Payments on contingent consideration recorded at acquisition date (169) (162)
Proceeds from the exercise of stock options and employee stock purchase plan contributions 624 942
Taxes paid on restricted stock vestings and exercise of non-qualified options (234) (179)
Dividends paid on common stock (2,682) (2,725)
Purchase of treasury stock 0 7,756
Net cash provided by (used in) financing activities 2,694 (13,317)
Net increase (decrease) in cash and cash equivalents (24) 41
Cash and cash equivalents at beginning of period 716 644
Cash and cash equivalents at end of period 692  
Senior Notes [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of deferred financing costs 136 68
Cash flows from financing activities:    
Payments of Debt Issuance Costs $ (66) $ 0