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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,165 $ 1,523
Accounts receivable, net 30,193 27,060
Inventories 7,920 8,347
Prepaid and other current assets 4,123 4,791
Current assets held for sale 1,135 0
Total current assets 44,536 41,721
Preneed cemetery trust investments 98,120 96,374
Preneed funeral trust investments 106,219 107,842
Preneed cemetery receivables, net 50,958 35,575
Receivables from preneed funeral trusts, net 22,372 21,530
Property, plant and equipment, net 273,004 287,484
Cemetery property, net 109,576 114,580
Goodwill 414,859 423,643
Intangible and other non-current assets, net 40,427 37,677
Operating lease right-of-use assets 14,953 16,295
Cemetery perpetual care trust investments 85,103 85,331
Non-current assets held for sale 19,453 0
Total assets 1,279,580 1,268,052
Current liabilities:    
Current portion of debt and lease obligations 3,914 3,842
Accounts payable 15,427 11,866
Accrued and other liabilities 38,460 35,362
Current liabilities held for sale 240 0
Total current liabilities 58,041 51,070
Acquisition debt, net of current portion 4,895 5,461
Long-term liabilities held for sale 13,842 0
Credit facility 135,382 177,794
Obligations under finance leases, net of current portion 6,045 5,831
Obligations under operating leases, net of current portion 14,035 15,797
Deferred preneed cemetery revenue 61,767 61,048
Deferred preneed funeral revenue 39,261 39,537
Deferred tax liability 51,429 52,127
Other long-term liabilities 1,179 1,855
Deferred preneed cemetery receipts held in trust 98,120 96,374
Deferred preneed funeral receipts held in trust 106,219 107,842
Care trusts’ corpus 84,218 84,351
Total liabilities 1,071,030 1,094,992
Commitments and contingencies:
Stockholders’ equity:    
Common stock, $0.01 par value; 80,000,000 shares authorized and 26,881,355 and 26,627,319 shares issued, respectively and 15,253,537 and 14,999,501 shares outstanding, respectively 269 266
Additional paid-in capital 243,825 241,291
Retained earnings 243,209 210,256
Treasury stock, at cost; 11,627,818 shares (278,753) (278,753)
Total stockholders’ equity 208,550 173,060
Total liabilities and stockholders’ equity 1,279,580 1,268,052
Senior notes    
Current liabilities:    
Senior notes $ 396,597 $ 395,905