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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,689 $ 1,523
Accounts receivable, net 26,549 27,060
Inventories 8,252 8,347
Prepaid and other current assets 3,905 4,791
Total current assets 40,395 41,721
Preneed cemetery trust investments 98,757 96,374
Preneed funeral trust investments 109,833 107,842
Preneed cemetery receivables, net 36,854 35,575
Receivables from preneed funeral trusts, net 21,632 21,530
Property, plant and equipment, net 281,965 287,484
Cemetery property, net 114,002 114,580
Goodwill 414,895 423,643
Intangible and other non-current assets, net 37,872 37,677
Operating lease right-of-use assets 16,512 16,295
Cemetery perpetual care trust investments 87,802 85,331
Total assets 1,260,519 1,268,052
Current liabilities:    
Current portion of debt and lease obligations 3,953 3,842
Accounts payable 12,727 11,866
Accrued and other liabilities 39,380 35,362
Total current liabilities 56,060 51,070
Acquisition debt, net of current portion 5,380 5,461
Credit facility 152,932 177,794
Senior notes 396,075 395,905
Obligations under finance leases, net of current portion 5,434 5,831
Obligations under operating leases, net of current portion 15,802 15,797
Deferred preneed cemetery revenue 61,219 61,048
Deferred preneed funeral revenue 39,745 39,537
Deferred tax liability 49,785 52,127
Other long-term liabilities 1,942 1,855
Deferred preneed cemetery receipts held in trust 98,757 96,374
Deferred preneed funeral receipts held in trust 109,833 107,842
Care trusts’ corpus 88,000 84,351
Total liabilities 1,080,964 1,094,992
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 80,000,000 shares authorized and 26,627,319 and 26,793,343 shares issued, respectively and 14,999,501 and 15,165,525 shares outstanding, respectively 268 266
Additional paid-in capital 240,811 241,291
Retained earnings 217,229 210,256
Treasury stock, at cost; 11,627,818 shares (278,753) (278,753)
Total stockholders’ equity 179,555 173,060
Total liabilities and stockholders’ equity $ 1,260,519 $ 1,268,052