XML 38 R13.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Receivables | 12 Months Ended
--- | ---
Dec. 31, 2024
Preneed Cemetery Receivables [Abstract] |
RECEIVABLES | RECEIVABLES Accounts Receivable Accounts receivable is comprised of the following (in thousands):
| December 31, 2024
| Funeral |  | Cemetery |  | Corporate |  | Held for Sale |  | Total
Trade and financed receivables | $ | 7,085 |  |  | $ | 24,355 |  |  | $ | — |  |  | $ | (833) |  |  | $ | 30,607 |
Other receivables | 557 |  |  | 345 |  |  | — |  |  | — |  |  | 902 |
Allowance for credit losses | (302) |  |  | (1,014) |  |  | — |  |  | — |  |  | (1,316) |
Accounts receivable, net | $ | 7,340 |  |  | $ | 23,686 |  |  | $ | — |  |  | $ | (833) |  |  | $ | 30,193 |
| December 31, 2023
| Funeral |  | Cemetery |  | Corporate |  | Held for Sale |  | Total
Trade and financed receivables | $ | 8,822 |  |  | $ | 18,459 |  |  | $ | — |  |  | $ | — |  |  | $ | 27,281 |
Other receivables | 404 |  |  | 595 |  |  | 286 |  |  | — |  |  | 1,285 |
Allowance for credit losses | (266) |  |  | (1,240) |  |  | — |  |  | — |  |  | (1,506) |
Accounts receivable, net | $ | 8,960 |  |  | $ | 17,814 |  |  | $ | 286 |  |  | $ | — |  |  | $ | 27,060 |
Other receivables include supplier rebates, commissions due from third-party insurance companies and perpetual care income receivables. We do not provide an allowance for credit losses for these receivables as we have historically not had any collectability issues nor do we expect any in the foreseeable future. The following table summarizes the activity in our allowance for credit losses by portfolio segment for the year ended December 31, 2024 (in thousands):
| January 1, 2024 |  | Provision for Credit Losses |  | Write Offs |  | Recoveries |  | December 31, 2024
Trade and financed receivables: |  |  |  |  |  |  |  |  |
Funeral | $ | (266) |  |  | $ | (1,069) |  |  | $ | 1,827 |  |  | $ | (794) |  |  | $ | (302) |
Cemetery | (1,240) |  |  | (884) |  |  | 1,110 |  |  | — |  |  | (1,014) |
Total allowance for credit losses on trade and financed receivables | $ | (1,506) |  |  | $ | (1,953) |  |  | $ | 2,937 |  |  | $ | (794) |  |  | $ | (1,316) |
Cemetery Receivables Our cemetery receivables are comprised of the following (in thousands):
| December 31, 2024 |  | December 31, 2023
Interment rights | $ | 79,436 |  |  | $ | 60,863 |
Merchandise and services | 13,128 |  |  | 11,223 |
Unearned finance charges | 4,983 |  |  | 5,669 |
Cemetery receivables | $ | 97,547 |  |  | $ | 77,755 |
The components of our cemetery receivables are as follows (in thousands):
| December 31, 2024 |  | December 31, 2023
Cemetery receivables | $ | 97,547 |  |  | $ | 77,755 |
Less: unearned finance charges | (4,983) |  |  | (5,669) |
Cemetery receivables, at amortized cost | $ | 92,564 |  |  | $ | 72,086 |
Less: allowance for contract cancellation and credit losses | (3,018) |  |  | (3,495) |
Less: balances due on undelivered cemetery preneed contracts | (13,576) |  |  | (15,797) |
Less: amounts in accounts receivable | (23,341) |  |  | (17,219) |
Preneed cemetery receivables, net including HFS | 52,629 |  |  | 35,575 |
Less: Held for sale | (1,671) |  |  | — |
Preneed cemetery receivables, net | $ | 50,958 |  |  | $ | 35,575 |
The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net for the year ended December 31, 2024 (in thousands):
| January 1, 2024 |  | Provision for Credit Losses |  | Write Offs |  | December 31, 2024
Total allowance for credit losses on Preneed cemetery receivables, net | $ | (2,255) |  |  | $ | (1,398) |  |  | $ | 1,649 |  |  | $ | (2,004) |
The amortized cost basis of our cemetery receivables by year of origination as of December 31, 2024 is as follows (in thousands):
| 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  | Total
Total cemetery receivables, at amortized cost | $ | 49,487 |  |  | $ | 22,200 |  |  | $ | 12,934 |  |  | $ | 5,355 |  |  | $ | 1,735 |  |  | $ | 853 |  |  | $ | 92,564 |
The aging of past due cemetery receivables as of December 31, 2024 is as follows (in thousands):
| 31-60 Past Due |  | 61-90 Past Due |  | 91-120 Past Due |  | >120 Past Due |  | Total Past Due |  | Current |  | Total
Recognized revenue | $ | 1,599 |  |  | $ | 1,065 |  |  | $ | 832 |  |  | $ | 2,578 |  |  | $ | 6,074 |  |  | $ | 72,914 |  |  | $ | 78,988 |
Deferred revenue | 302 |  |  | 160 |  |  | 105 |  |  | 612 |  |  | 1,179 |  |  | 17,380 |  |  | 18,559 |
Total contracts | $ | 1,901 |  |  | $ | 1,225 |  |  | $ | 937 |  |  | $ | 3,190 |  |  | $ | 7,253 |  |  | $ | 90,294 |  |  | $ | 97,547 |
The aging of past due preneed cemetery receivables as of December 31, 2023 is as follows (in thousands):
| 31-60 Past Due |  | 61-90 Past Due |  | 91-120 Past Due |  | >120 Past Due |  | Total Past Due |  | Current |  | Total
Recognized revenue | $ | 1,877 |  |  | $ | 715 |  |  | $ | 353 |  |  | $ | 3,790 |  |  | $ | 6,735 |  |  | $ | 49,554 |  |  | $ | 56,289 |
Deferred revenue | 466 |  |  | 139 |  |  | 90 |  |  | 1,388 |  |  | 2,083 |  |  | 19,383 |  |  | 21,466 |
Total contracts | $ | 2,343 |  |  | $ | 854 |  |  | $ | 443 |  |  | $ | 5,178 |  |  | $ | 8,818 |  |  | $ | 68,937 |  |  | $ | 77,755 |

X
- Definition PRENEED CEMETERY RECEIVABLES + References No definition available. + Details
Name: | csv_PreneedCemeteryReceivablesAbstract
Namespace Prefix: | csv_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition This note represents disclosures relating to preneed cemetary receivables. + References No definition available. + Details
Name: | csv_PreneedCemeteryReceivablesTextBlock
Namespace Prefix: | csv_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration