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Divested Operations
3 Months Ended
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,
20252024
Revenue$1,653 $1,151 
Operating income476 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.