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Segment Reporting | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
SEGMENT REPORTING | SEGMENT REPORTING Revenue, disaggregated by major source for each of our reportable segments was as follows (in thousands):
Year Ended, December 31, 2022 |  |  |  |  |  |
|  | Funeral |  | Cemetery |  | Total
Services |  | $ | 163,904 |  |  | $ | 17,367 |  |  | $ | 181,271 |
Merchandise |  | 89,052 |  |  | 14,307 |  |  | 103,359 |
Cemetery property |  | — |  |  | 58,611 |  |  | 58,611 |
Other revenue |  | 13,947 |  |  | 12,986 |  |  | 26,933 |
Total |  | $ | 266,903 |  |  | $ | 103,271 |  |  | $ | 370,174 |
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 |
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): |  |  |  |  |  |  |
2022 | $ | 82,080 |  |  | $ | 35,095 |  |  | $ | (37,449) |  |  | $ | 79,726 |
2021 | 88,591 |  |  | 40,353 |  |  | (35,284) |  |  | 93,660 |
2020 | 57,622 |  |  | 26,859 |  |  | (27,254) |  |  | 57,227 |
Income (loss) before income taxes: |  |  |  |  |  |  |
2022 | $ | 85,196 |  |  | $ | 35,126 |  |  | $ | (63,128) |  |  | $ | 57,194 |
2021 | 88,015 |  |  | 40,473 |  |  | (84,184) |  |  | 44,304 |
2020 | 56,875 |  |  | 27,087 |  |  | (59,320) |  |  | 24,642 |
Depreciation and amortization: |  |  |  |  |  |  |
2022 | $ | 11,591 |  |  | $ | 7,584 |  |  | $ | 624 |  |  | $ | 19,799 |
2021 | 11,062 |  |  | 8,217 |  |  | 1,241 |  |  | 20,520 |
2020 | 11,586 |  |  | 6,376 |  |  | 1,427 |  |  | 19,389 |
Interest expense: |  |  |  |  |  |  |
2022 | $ | 753 |  |  | $ | — |  |  | $ | 25,142 |  |  | $ | 25,895 |
2021 | 835 |  |  | — |  |  | 24,610 |  |  | 25,445 |
2020 | 1,004 |  |  | 13 |  |  | 31,498 |  |  | 32,515 |
Income tax expense (benefit): |  |  |  |  |  |  |
2022 | $ | 23,555 |  |  | $ | 9,712 |  |  | $ | (17,454) |  |  | $ | 15,813 |
2021 | 22,141 |  |  | 10,181 |  |  | (21,177) |  |  | 11,145 |
2020 | 19,738 |  |  | 9,401 |  |  | (20,587) |  |  | 8,552 |
Total assets: |  |  |  |  |  |  |
2022 | $ | 779,500 |  |  | $ | 396,389 |  |  | $ | 17,061 |  |  | $ | 1,192,950 |
2021 | 769,539 |  |  | 390,344 |  |  | 18,748 |  |  | 1,178,631 |
2020 | 764,535 |  |  | 366,964 |  |  | 14,326 |  |  | 1,145,825 |
Long-lived assets: |  |  |  |  |  |  |
2022 | $ | 630,599 |  |  | $ | 190,226 |  |  | $ | 4,518 |  |  | $ | 825,343 |
2021 | 611,181 |  |  | 176,398 |  |  | 3,839 |  |  | 791,418 |
2020 | 619,588 |  |  | 172,122 |  |  | 995 |  |  | 792,705 |
Goodwill: |  |  |  |  |  |  |
2022 | $ | 355,654 |  |  | $ | 54,483 |  |  | $ | — |  |  | $ | 410,137 |
2021 | 344,823 |  |  | 47,149 |  |  | — |  |  | 391,972 |
2020 | 345,829 |  |  | 47,149 |  |  | — |  |  | 392,978 |
Capital expenditures: |  |  |  |  |  |  |
2022 | $ | 14,917 |  |  | $ | 10,566 |  |  | $ | 598 |  |  | $ | 26,081 |
2021 | 11,511 |  |  | 9,704 |  |  | 3,668 |  |  | 24,883 |
2020 | 6,997 |  |  | 7,025 |  |  | 1,176 |  |  | 15,198 |
Number of operating locations at year end: |  |  |  |  |  |  |
2022 | 171 |  | 32 |  | — |  |  | 203
2021 | 170 |  | 31 |  | — |  |  | 201
2020 | 178 |  | 32 |  | — |  |  | 210

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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