XML 24 R15.htm IDEA: XBRL DOCUMENT
v3.22.1

Intangible and Other Non-Current Assets | 3 Months Ended
--- | ---
Mar. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Intangible and Other Non-Current Assets | INTANGIBLE AND OTHER NON-CURRENT ASSETS Intangible and other non-current assets are as follows (in thousands):
| December 31, 2021 |  | March 31, 2022
Tradenames | $ | 23,565 |  |  | $ | 23,565 |
Prepaid agreements not-to-compete, net of accumulated amortization of $3,316 and $3,464, respectively | 2,247 |  |  | 2,156 |
Capitalized commissions on preneed contracts, net of accumulated amortization of $2,278 and $2,448, respectively | 3,560 |  |  | 3,665 |
Other | 6 |  |  | 231 |
Intangible and other non-current assets, net | $ | 29,378 |  |  | $ | 29,617 |
Tradenames Our tradenames have indefinite lives and therefore are not amortized. Prepaid Agreements Prepaid agreements not-to-compete are amortized over the term of the respective agreements, ranging generally from one to ten years. Amortization expense was $168,000 and $148,000 for the three months ended March 31, 2021 and 2022, respectively. Capitalized Commissions We capitalize our selling costs related to preneed cemetery merchandise and services and preneed funeral trust contracts. These costs are amortized on a straight-line basis over the average maturity period for our preneed cemetery merchandise and services contracts and preneed funeral trust contracts, of eight and ten years, respectively. Amortization expense was $152,000 and $170,000 for the three months ended March 31, 2021 and 2022, respectively. The aggregate amortization expense for our non-compete agreements and capitalized commissions as of March 31, 2022 is as follows (in thousands):
| Prepaid Agreements |  | Capitalized Commissions
Years ending December 31, |  |  |
Remainder of 2022 | $ | 407 |  |  | $ | 648 |
2023 | 496 |  |  | 636 |
2024 | 381 |  |  | 575 |
2025 | 372 |  |  | 511 |
2026 | 257 |  |  | 444 |
Thereafter | 243 |  |  | 851 |
Total amortization expense | $ | 2,156 |  |  | $ | 3,665 |

X
- References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration