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Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Revenue, pre-tax income and total assets by segments | Revenue, disaggregated by major source for each of our reportable segments was as follows (in thousands):
Year Ended, December 31, 2021 |  |  |  |  |  |
|  | Funeral |  | Cemetery |  | Total
Services |  | $ | 164,082 |  |  | $ | 16,490 |  |  | $ | 180,572 |
Merchandise |  | 92,023 |  |  | 13,741 |  |  | 105,764 |
Cemetery property |  | — |  |  | 61,957 |  |  | 61,957 |
Other revenue |  | 13,982 |  |  | 13,611 |  |  | 27,593 |
Total |  | $ | 270,087 |  |  | $ | 105,799 |  |  | $ | 375,886 |
Year Ended, December 31, 2020 |  |  |  |  |  |
|  | Funeral |  | Cemetery |  | Total
Services |  | $ | 150,283 |  |  | $ | 14,701 |  |  | $ | 164,984 |
Merchandise |  | 84,787 |  |  | 10,778 |  |  | 95,565 |
Cemetery property |  | — |  |  | 44,065 |  |  | 44,065 |
Other revenue |  | 14,068 |  |  | 10,766 |  |  | 24,834 |
Total |  | $ | 249,138 |  |  | $ | 80,310 |  |  | $ | 329,448 |
Year Ended, December 31, 2019 |  |  |  |  |  |
|  | Funeral |  | Cemetery |  | Total
Services |  | $ | 131,636 |  |  | $ | 10,918 |  |  | $ | 142,554 |
Merchandise |  | 75,682 |  |  | 7,665 |  |  | 83,347 |
Cemetery property |  | — |  |  | 31,167 |  |  | 31,167 |
Other revenue |  | 9,550 |  |  | 7,489 |  |  | 17,039 |
Total |  | $ | 216,868 |  |  | $ | 57,239 |  |  | $ | 274,107 |
The following table presents operating income (loss), income (loss) before income taxes, depreciation and amortization, interest expense, income tax expense (benefit), total assets, long-lived assets, goodwill, capital expenditures and number of operating locations by segment (in thousands, except number of operating locations):
| Funeral |  | Cemetery |  | Corporate |  | Consolidated
Operating income (loss): |  |  |  |  |  |  |
2021 | $ | 88,591 |  |  | $ | 40,353 |  |  | $ | (35,284) |  |  | $ | 93,660 |
2020 | 57,622 |  |  | 26,859 |  |  | (27,254) |  |  | 57,227 |
2019 | 58,756 |  |  | 15,983 |  |  | (27,296) |  |  | 47,443 |
Income (loss) before income taxes: |  |  |  |  |  |  |
2021 | $ | 88,015 |  |  | $ | 40,473 |  |  | $ | (84,184) |  |  | $ | 44,304 |
2020 | 56,875 |  |  | 27,087 |  |  | (59,320) |  |  | 24,642 |
2019 | 58,844 |  |  | 16,025 |  |  | (52,453) |  |  | 22,416 |
Depreciation and amortization: |  |  |  |  |  |  |
2021 | $ | 11,062 |  |  | $ | 8,217 |  |  | $ | 1,241 |  |  | $ | 20,520 |
2020 | 11,586 |  |  | 6,376 |  |  | 1,427 |  |  | 19,389 |
2019 | 11,128 |  |  | 5,227 |  |  | 1,416 |  |  | 17,771 |
Interest expense: |  |  |  |  |  |  |
2021 | $ | 835 |  |  | $ | — |  |  | $ | 24,610 |  |  | $ | 25,445 |
2020 | 1,004 |  |  | 13 |  |  | 31,498 |  |  | 32,515 |
2019 | 1,142 |  |  | — |  |  | 24,380 |  |  | 25,522 |
Income tax expense (benefit): |  |  |  |  |  |  |
2021 | $ | 22,141 |  |  | $ | 10,181 |  |  | $ | (21,177) |  |  | $ | 11,145 |
2020 | 19,738 |  |  | 9,401 |  |  | (20,587) |  |  | 8,552 |
2019 | 20,694 |  |  | 5,635 |  |  | (18,446) |  |  | 7,883 |
Total assets: |  |  |  |  |  |  |
2021 | $ | 769,539 |  |  | $ | 390,344 |  |  | $ | 18,748 |  |  | $ | 1,178,631 |
2020 | 764,535 |  |  | 366,964 |  |  | 14,326 |  |  | 1,145,825 |
2019 | 790,459 |  |  | 314,413 |  |  | 24,883 |  |  | 1,129,755 |
Long-lived assets: |  |  |  |  |  |  |
2021 | $ | 611,181 |  |  | $ | 176,398 |  |  | $ | 3,839 |  |  | $ | 791,418 |
2020 | 619,588 |  |  | 172,122 |  |  | 995 |  |  | 792,705 |
2019 | 650,179 |  |  | 145,158 |  |  | 1,303 |  |  | 796,640 |
Goodwill: |  |  |  |  |  |  |
2021 | $ | 344,823 |  |  | $ | 47,149 |  |  | $ | — |  |  | $ | 391,972 |
2020 | 345,829 |  |  | 47,149 |  |  | — |  |  | 392,978 |
2019 | 361,451 |  |  | 36,841 |  |  | — |  |  | 398,292 |
Capital expenditures: |  |  |  |  |  |  |
2021 | $ | 11,511 |  |  | $ | 9,704 |  |  | $ | 3,668 |  |  | $ | 24,883 |
2020 | 6,997 |  |  | 7,025 |  |  | 1,176 |  |  | 15,198 |
2019 | 8,403 |  |  | 5,772 |  |  | 1,204 |  |  | 15,379 |
Number of operating locations at year end: |  |  |  |  |  |  |
2021 | 170 |  | 31 |  | — |  |  | 201
2020 | 178 |  | 32 |  | — |  |  | 210
2019 | 186 |  | 31 |  | — |  |  | 217

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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