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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 821 $ 1,148
Accounts receivable, net 23,352 25,314
Inventories 7,675 7,346
Prepaid and other current assets 4,131 6,404
Total current assets 35,979 40,212
Preneed cemetery trust investments 87,030 100,903
Preneed funeral trust investments 98,638 113,658
Preneed cemetery receivables, net 25,873 23,150
Receivables from preneed funeral trusts, net 20,119 19,009
Property, plant and equipment, net 275,977 269,367
Cemetery property, net 101,691 100,701
Goodwill 393,765 391,972
Intangible and other non-current assets, net 30,451 29,378
Operating lease right-of-use assets 17,295 17,881
Cemetery perpetual care trust investments 60,569 72,400
Total assets 1,147,387 1,178,631
Current liabilities:    
Current portion of debt and lease obligations 3,104 2,809
Accounts payable 9,325 14,205
Accrued and other liabilities 37,123 43,773
Total current liabilities 49,552 60,787
Acquisition debt, net of current portion 3,846 3,979
Credit facility 167,410 153,857
Senior notes 395,082 394,610
Obligations under finance leases, net of current portion 4,842 5,157
Obligations under operating leases, net of current portion 17,638 18,520
Deferred preneed cemetery revenue 52,173 50,202
Deferred preneed funeral revenue 32,006 30,584
Deferred tax liability 47,483 45,784
Other long-term liabilities 2,700 1,419
Deferred preneed cemetery receipts held in trust 87,030 100,903
Deferred preneed funeral receipts held in trust 98,638 113,658
Care trusts’ corpus 60,067 71,156
Total liabilities 1,018,467 1,050,616
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 80,000,000 shares authorized and 26,264,245 and 26,341,132 shares issued, respectively and 15,331,923 and 14,713,314 shares outstanding, respectively 263 263
Additional paid-in capital 238,787 236,809
Retained earnings 168,623 135,462
Treasury stock, at cost; 10,932,322 and 11,627,818 shares, respectively (278,753) (244,519)
Total stockholders’ equity 128,920 128,015
Total liabilities and stockholders’ equity $ 1,147,387 $ 1,178,631