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Divested Operations | 3 Months Ended
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Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Divested Operations | DIVESTED OPERATIONS During the three months ended March 31, 2025, we sold two funeral homes and three cemeteries for an aggregate of $15.8 million. During the three months ended March 31, 2024, we sold six funeral homes and one cemetery for an aggregate of $10.9 million. The operating results of these divested funeral homes and cemeteries are reflected on our Consolidated Statements of Operations as shown in the table below (in thousands):
|  |  | Three months ended, March 31, |
|  |  |  |  | 2025 |  | 2024 |  |  |
Revenue |  |  |  |  | $ | 1,653 |  |  | $ | 1,151 |  |  |  |
Operating income |  |  |  |  | 476 |  |  | 122 |  |  |  |
Net gain (loss) on divestitures(1) |  |  |  |  | 5,937 |  |  | (1,501) |  |  |  |
Income tax (expense) benefit |  |  |  |  | (2,001) |  |  | 452 |  |  |  |
Net gain (loss) from divested operations, after tax |  |  |  |  | $ | 4,412 |  |  | $ | (927) |  |  |  |
(1) | Net loss on divestitures is recorded in Net (gain) loss on divestitures, disposals and impairment charges on our Consolidated Statements of Operations.

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- Definition The entire disclosure for assets held for sale and discontinued operations. + References No definition available. + Details
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- References No definition available. + Details
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