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DIVESTED OPERATIONS

9 Months Ended

Sep. 30, 2021

Discontinued Operations and Disposal Groups [Abstract]

During the three months ended September 30, 2021, we did not sell any funeral homes or cemeteries. During the nine months ended September 30, 2021, we sold three funeral homes for $3.5 million. During the three and nine months ended September 30, 2020, we sold six funeral homes for $7.3 million.

The operating results of these divested funeral homes are reflected in our Consolidated Statements of Operations as shown in the table below (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2020		2021		2020		2021
Revenue	$	144	$	(10)	$	1,829	$	338

Operating income (loss)	(112)		(41)		70		(54)
Gain (loss) on divestitures(1)	(4,917)		—		(4,917)		103
Income tax benefit (expense)	1,710		12		1,638		(14)
Net income (loss) from divested operations, after tax	$	(3,319)	$	(29)	$	(3,209)	$	35

(1)

Gain (loss) on divestitures is recorded in Net loss on divestitures, disposals and impairments charges on our Consolidated Statements of Operations.