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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,503 $ 1,523
Accounts receivable, net 29,398 27,060
Inventories 8,257 8,347
Prepaid and other current assets 3,965 4,791
Total current assets 43,123 41,721
Preneed cemetery trust investments 100,285 96,374
Preneed funeral trust investments 109,701 107,842
Preneed cemetery receivables, net 45,569 35,575
Receivables from preneed funeral trusts, net 22,074 21,530
Property, plant and equipment, net 280,355 287,484
Cemetery property, net 113,327 114,580
Goodwill 414,895 423,643
Intangible and other non-current assets, net 39,099 37,677
Operating lease right-of-use assets 16,058 16,295
Cemetery perpetual care trust investments 84,780 85,331
Total assets 1,269,266 1,268,052
Current liabilities:    
Current portion of debt and lease obligations 3,924 3,842
Accounts payable 16,180 11,866
Accrued and other liabilities 30,655 35,362
Total current liabilities 50,759 51,070
Acquisition debt, net of current portion 5,388 5,461
Credit facility 153,970 177,794
Senior notes 396,247 395,905
Obligations under finance leases, net of current portion 5,304 5,831
Obligations under operating leases, net of current portion 15,263 15,797
Deferred preneed cemetery revenue 65,375 61,048
Deferred preneed funeral revenue 40,386 39,537
Deferred tax liability 50,650 52,127
Other long-term liabilities 1,857 1,855
Deferred preneed cemetery receipts held in trust 100,285 96,374
Deferred preneed funeral receipts held in trust 109,701 107,842
Care trusts’ corpus 86,194 84,351
Total liabilities 1,081,379 1,094,992
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 80,000,000 shares authorized and 26,864,187 and 26,627,319 shares issued, respectively and 15,236,369 and 14,999,501 shares outstanding, respectively 269 266
Additional paid-in capital 242,883 241,291
Retained earnings 223,488 210,256
Treasury stock, at cost; 11,627,818 shares (278,753) (278,753)
Total stockholders’ equity 187,887 173,060
Total liabilities and stockholders’ equity $ 1,269,266 $ 1,268,052