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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:      
Revenues $ 382,520 $ 370,174 $ 375,886
Field costs and expenses:      
Cemetery property amortization 6,039 5,859 6,670
Field depreciation expense 14,166 13,316 12,609
Regional and unallocated funeral and cemetery costs 16,576 22,960 25,846
Other expenses 5,828 5,038 4,979
Total field costs and expenses 258,225 250,948 246,370
Gross profit 124,295 119,226 129,516
Corporate costs and expenses:      
General, administrative and other 42,125 37,471 35,190
Net loss on divestitures, disposals and impairment charges 1,191 2,029 666
Operating income 80,979 79,726 93,660
Interest expense 36,266 25,895 25,445
Accretion of discount on convertible notes 0 0 20
Loss on extinguishment of debt 0 190 23,807
Net gain on property damage, net of insurance claims (343) (3,471) 0
Other, net (1,373) (82) 84
Income before income taxes 46,429 57,194 44,304
Expense for income taxes 13,186 16,243 12,316
Tax benefit related to discrete items (170) (430) (1,171)
Total expense for income taxes 13,016 15,813 11,145
Net income $ 33,413 $ 41,381 $ 33,159
Basic earnings per common share (in dollars per share) $ 2.24 $ 2.78 $ 1.90
Diluted earnings per common share (in dollars per share) 2.14 2.63 1.81
Dividends declared per share (in dollars per share) $ 0.4500 $ 0.4500 $ 0.4125
Weighted average number of common and common equivalent shares outstanding:      
Basic (in shares) 14,803 14,857 17,409
Diluted (in shares) 15,455 15,710 18,266
Service revenue      
Revenue:      
Revenues $ 182,166 $ 181,271 $ 180,572
Field costs and expenses:      
Cost of goods and services 91,799 87,322 82,395
Property and merchandise revenue      
Revenue:      
Revenues 169,490 161,970 167,721
Field costs and expenses:      
Cost of goods and services 123,817 116,453 113,871
Other revenue      
Revenue:      
Revenues $ 30,864 $ 26,933 $ 27,593