XML 21 R12.htm IDEA: XBRL DOCUMENT
v3.22.1

Receivables | 3 Months Ended
--- | ---
Mar. 31, 2022
Preneed Cemetery Receivables [Abstract] |
Receivables | RECEIVABLES Accounts Receivable Accounts receivable is comprised of the following (in thousands):
| March 31, 2022
| Funeral |  | Cemetery |  | Corporate |  | Total
Trade and financed receivables | $ | 10,455 |  |  | $ | 13,754 |  |  | $ | — |  |  | $ | 24,209 |
Other receivables | 407 |  |  | 1,729 |  |  | 203 |  |  | 2,339 |
Allowance for credit losses | (379) |  |  | (599) |  |  | — |  |  | (978) |
Accounts receivable, net | $ | 10,483 |  |  | $ | 14,884 |  |  | $ | 203 |  |  | $ | 25,570 |
| December 31, 2021
| Funeral |  | Cemetery |  | Corporate |  | Total
Trade and financed receivables | $ | 10,728 |  |  | $ | 13,629 |  |  | $ | — |  |  | $ | 24,357 |
Other receivables | 329 |  |  | 1,433 |  |  | 185 |  |  | 1,947 |
Allowance for credit losses | (365) |  |  | (625) |  |  | — |  |  | (990) |
Accounts receivable, net | $ | 10,692 |  |  | $ | 14,437 |  |  | $ | 185 |  |  | $ | 25,314 |
Other receivables include supplier rebates, commissions due from third party insurance companies and perpetual care income receivables. We do not provide an allowance for credit losses for these receivables as we have historically not had any collectability issues nor do we expect any in the foreseeable future. The following table summarizes the activity in our allowance for credit losses by portfolio segment (in thousands):
| January 1, 2022 |  | Provision for Credit Losses |  |  |  | Write Offs |  | Recoveries |  | March 31, 2022
Trade and financed receivables: |  |  |  |  |  |  |  |  |  |  |
Funeral | $ | (365) |  |  | $ | (537) |  |  |  |  | $ | 807 |  |  | $ | (284) |  |  | $ | (379) |
Cemetery | (625) |  |  | (115) |  |  |  |  | 141 |  |  | — |  |  | (599) |
Total allowance for credit losses on Trade and financed receivables | $ | (990) |  |  | $ | (652) |  |  |  |  | $ | 948 |  |  | $ | (284) |  |  | $ | (978) |
Preneed Cemetery Receivables Our preneed cemetery receivables are comprised of the following (in thousands):
| December 31, 2021 |  | March 31, 2022
Interment rights | $ | 40,863 |  |  | $ | 40,635 |
Merchandise and services | 7,348 |  |  | 7,518 |
Unearned finance charges | 4,644 |  |  | 4,573 |
Preneed cemetery receivables | $ | 52,855 |  |  | $ | 52,726 |
The components of our preneed cemetery receivables are as follows (in thousands):
| December 31, 2021 |  | March 31, 2022
Preneed cemetery receivables | $ | 52,855 |  |  | $ | 52,726 |
Less: unearned finance charges | (4,644) |  |  | (4,573) |
Preneed cemetery receivables, at amortized cost | $ | 48,211 |  |  | $ | 48,153 |
Less: allowance for credit losses | (1,704) |  |  | (1,642) |
Less: balances due on undelivered cemetery preneed contracts | (10,353) |  |  | (10,795) |
Less: amounts in accounts receivable | (13,004) |  |  | (13,155) |
Preneed cemetery receivables, net | $ | 23,150 |  |  | $ | 22,561 |
The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net (in thousands):
| January 1, 2022 |  | Provision for Credit Losses |  | Write Offs |  | March 31, 2022
Total allowance for credit losses on Preneed cemetery receivables, net | $ | (1,079) |  |  | $ | (185) |  |  | $ | 221 |  |  | $ | (1,043) |
The amortized cost basis of our preneed cemetery receivables by year of origination at March 31, 2022 is as follows (in thousands):
| 2022 |  | 2021 |  | 2020 |  | 2019 |  | 2018 |  | Prior |  | Total
Total preneed cemetery receivables, at amortized cost | $ | 7,511 |  |  | $ | 20,195 |  |  | $ | 9,856 |  |  | $ | 5,842 |  |  | $ | 2,604 |  |  | $ | 2,145 |  |  | $ | 48,153 |
The aging of past due preneed cemetery receivables at March 31, 2022 is as follows (in thousands):
| 31-60 Past Due |  | 61-90 Past Due |  | 91-120 Past Due |  | >120 Past Due |  | Total Past Due |  | Current |  | Total
Recognized revenue | $ | 983 |  |  | $ | 344 |  |  | $ | 282 |  |  | $ | 1,861 |  |  | $ | 3,470 |  |  | $ | 33,888 |  |  | $ | 37,358 |
Deferred revenue | 706 |  |  | 86 |  |  | 89 |  |  | 436 |  |  | 1,317 |  |  | 14,051 |  |  | 15,368 |
Total contracts | $ | 1,689 |  |  | $ | 430 |  |  | $ | 371 |  |  | $ | 2,297 |  |  | $ | 4,787 |  |  | $ | 47,939 |  |  | $ | 52,726 |

X
- Definition PRENEED CEMETERY RECEIVABLES + References No definition available. + Details
Name: | csv_PreneedCemeteryReceivablesAbstract
Namespace Prefix: | csv_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition This note represents disclosures relating to preneed cemetary receivables. + References No definition available. + Details
Name: | csv_PreneedCemeteryReceivablesTextBlock
Namespace Prefix: | csv_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration