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SEGMENT REPORTING (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Disaggregation of Revenue | Revenue, disaggregated by major source for each of our reportable segments was as follows (in thousands):
Three months ended September 30, 2023 |  |  |  |  |  |
|  | Funeral |  | Cemetery |  | Total
Services |  | $ | 39,090 |  |  | $ | 4,618 |  |  | $ | 43,708 |
Merchandise |  | 20,325 |  |  | 4,067 |  |  | 24,392 |
Cemetery property |  | — |  |  | 15,895 |  |  | 15,895 |
Other revenue |  | 3,211 |  |  | 3,288 |  |  | 6,499 |
Total |  | $ | 62,626 |  |  | $ | 27,868 |  |  | $ | 90,494 |
Three months ended September 30, 2022 |  |  |  |  |  |
|  | Funeral |  | Cemetery |  | Total
Services |  | $ | 38,477 |  |  | $ | 4,515 |  |  | $ | 42,992 |
Merchandise |  | 20,777 |  |  | 3,651 |  |  | 24,428 |
Cemetery property |  | — |  |  | 13,179 |  |  | 13,179 |
Other revenue |  | 3,526 |  |  | 3,372 |  |  | 6,898 |
Total |  | $ | 62,780 |  |  | $ | 24,717 |  |  | $ | 87,497 |
Nine months ended September 30, 2023 |  |  |  |  |  |
|  | Funeral |  | Cemetery |  | Total
Services |  | $ | 122,491 |  |  | $ | 13,946 |  |  | $ | 136,437 |
Merchandise |  | 64,505 |  |  | 12,245 |  |  | 76,750 |
Cemetery property |  | — |  |  | 49,178 |  |  | 49,178 |
Other revenue |  | 10,220 |  |  | 11,101 |  |  | 21,321 |
Total |  | $ | 197,216 |  |  | $ | 86,470 |  |  | $ | 283,686 |
Nine months ended September 30, 2022 |  |  |  |  |  |
|  | Funeral |  | Cemetery |  | Total
Services |  | $ | 122,133 |  |  | $ | 13,146 |  |  | $ | 135,279 |
Merchandise |  | 66,587 |  |  | 10,529 |  |  | 77,116 |
Cemetery property |  | — |  |  | 43,379 |  |  | 43,379 |
Other revenue |  | 10,353 |  |  | 10,131 |  |  | 20,484 |
Total |  | $ | 199,073 |  |  | $ | 77,185 |  |  | $ | 276,258 |
Revenue, pre-tax income and total and total assets by segments | The following table presents operating income (loss), income (loss) before income taxes and total assets (in thousands):
| Funeral |  | Cemetery |  | Corporate |  | Consolidated
Operating income (loss): |  |  |  |  |  |  |
Three months ended September 30, 2023 | $ | 18,145 |  |  | $ | 8,844 |  |  | $ | (11,303) |  |  | $ | 15,686 |
Three months ended September 30, 2022 | 17,584 |  |  | 8,023 |  |  | (10,385) |  |  | 15,222 |
Nine months ended September 30, 2023 | $ | 58,236 |  |  | $ | 30,496 |  |  | $ | (31,674) |  |  | $ | 57,058 |
Nine months ended September 30, 2022 | 61,531 |  |  | 26,662 |  |  | (28,095) |  |  | 60,098 |
Income (loss) before income taxes: |  |  |  |  |  |  |
Three months ended September 30, 2023 | $ | 18,377 |  |  | $ | 8,902 |  |  | $ | (20,503) |  |  | $ | 6,776 |
Three months ended September 30, 2022 | 17,605 |  |  | 7,985 |  |  | (16,951) |  |  | 8,639 |
Nine months ended September 30, 2023 | $ | 58,824 |  |  | $ | 30,757 |  |  | $ | (58,757) |  |  | $ | 30,824 |
Nine months ended September 30, 2022 | 64,577 |  |  | 26,671 |  |  | (46,005) |  |  | 45,243 |
Total assets: |  |  |  |  |  |  |
September 30, 2023 | $ | 799,740 |  |  | $ | 439,175 |  |  | $ | 16,544 |  |  | $ | 1,255,459 |
December 31, 2022 | 779,500 |  |  | 396,389 |  |  | 17,061 |  |  | 1,192,950 |

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