XML 57 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2

Receivables (Tables)

9 Months Ended

Sep. 30, 2022

Preneed Cemetery Receivables [Abstract]

Schedule of Accounts Receivable

Accounts receivable is comprised of the following (in thousands):

			September 30, 2022
			Funeral						Cemetery						Corporate						Total
Trade and financed receivables			$	7,992					$	14,524					$	—					$	22,516
Other receivables			509						1,047						189						1,745
Allowance for credit losses			(255)						(654)						—						(909)
Accounts receivable, net			$	8,246					$	14,917					$	189					$	23,352

			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

Preneed Cemetery Receivables

Our preneed cemetery receivables are comprised of the following (in thousands):

			December 31, 2021						September 30, 2022
Interment rights			$	40,863					$	43,888
Merchandise and services			7,348						8,233
Unearned finance charges			4,644						4,778
Preneed cemetery receivables			$	52,855					$	56,899

The components of our preneed cemetery receivables are as follows (in thousands):

			December 31, 2021						September 30, 2022
Preneed cemetery receivables			$	52,855					$	56,899
Less: unearned finance charges			(4,644)						(4,778)
Preneed cemetery receivables, at amortized cost			$	48,211					$	52,121
Less: allowance for credit losses			(1,704)						(1,832)
Less: balances due on undelivered cemetery preneed contracts			(10,353)						(10,546)
Less: amounts in accounts receivable			(13,004)						(13,870)
Preneed cemetery receivables, net			$	23,150					$	25,873

The amortized cost basis of our preneed cemetery receivables by year of origination at September 30, 2022 is as follows (in thousands):

			2022						2021						2020						2019						2018						Prior						Total
Total preneed cemetery receivables, at amortized cost			$	21,973					$	14,838					$	7,854					$	4,376					$	1,585					$	1,495					$	52,121

Preneed Cemetery Receivables

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						September 30, 2022
Trade and financed receivables:
Funeral			$	(365)					$	(1,104)											$	2,150					$	(936)					$	(255)
Cemetery			(625)						(452)												423						—						(654)
Total allowance for credit losses on Trade and financed receivables			$	(990)					$	(1,556)											$	2,573					$	(936)					$	(909)

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						September 30, 2022
Total allowance for credit losses on Preneed cemetery receivables, net			$	(1,079)					$	(736)					$	637					$	(1,178)

Aging of Past Due Financing Receivables

The aging of past due preneed cemetery receivables at September 30, 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			$	634					$	357					$	148					$	2,042					$	3,181					$	38,394					$	41,575
Deferred revenue			185						147						441						518						1,291						14,033						15,324
Total contracts			$	819					$	504					$	589					$	2,560					$	4,472					$	52,427					$	56,899

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

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919253-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953401-111524

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 55
-Paragraph 80
-URI http://asc.fasb.org/extlink&oid=124267575&loc=SL82922355-210448

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration