XML 29 R11.htm IDEA: XBRL DOCUMENT v3.23.2
DIVESTED OPERATIONS
 6 Months Ended
Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]  
DIVESTED OPERATIONS DIVESTED OPERATIONS
During the three months ended June 30, 2023, we merged one funeral home with another business we own in an existing market. During the six months ended June 30, 2023, we sold one funeral home and two cemeteries for an aggregate of $0.8 million and merged one funeral home with another business we own in an existing market.
During the three months ended June 30, 2022, we merged one funeral home with another business we own in an existing market. During the six months ended June 30, 2022, we sold two funeral homes for an aggregate of $0.9 million and merged one funeral home with another business we own in an existing market.
The operating results of these divested funeral homes and cemeteries are reflected on our Consolidated Statements of Operations as shown in the table below (in thousands):
Three months ended June 30,Six months ended June 30,
2022202320222023
Revenue$63 $— $296 $66 
Operating income (loss)(4)(2)25 24 
Loss on divestitures(1)
— — (703)(82)
Income tax benefit1 1 184 17 
Net loss from divested operations, after tax$(3)$(1)$(494)$(41)
(1)
Loss on divestitures is recorded in Net (gain) loss on divestitures, disposals and impairments charges on our Consolidated Statements of Operations.