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Segment Reporting
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The tables below present revenue, disaggregated by major source for each of our reportable segments, as well as, significant segment expenses, other segment expenses, operating income (loss), depreciation and amortization, interest expense, income (loss) before income taxes, income tax expense (benefit), total assets, long-lived assets, goodwill, capital expenditures and number of operating locations by segment as follows, (in thousands, except number of operating locations) for the three months ended March 31, 2025 and 2024, respectively:
Three months ended, March 31, 2025FuneralCemeteryCorporateTotal
Revenue
Services$47,949 $5,061 $— $53,010 
Merchandise21,556 4,039 — 25,595 
Cemetery property— 19,991 — 19,991 
Other revenue5,114 3,359 — 8,473 
Total revenue74,619 32,450 — 107,069 
Less:(1)
Salaries, benefits and commission expenses
17,977 9,919 — 27,896 
Cost of merchandise8,132 1,331 — 9,463 
Allocated overhead costs(2)
3,227 1,331 — 4,558 
Facilities and grounds expenses2,929 1,205 — 4,134 
General and administrative expenses(3)
3,021 895 — 3,916 
Other segment expenses(4)
11,146 2,344 12,048 25,538 
Operating income (loss)$28,187 $15,425 $(12,048)$31,564 
Interest expense$280 $3 $7,015 $7,298 
Depreciation and amortization$2,826 $2,324 $251 $5,401 
Income (loss) before income taxes$30,069 $16,016 $(19,831)$26,254 
Income tax expense (benefit)$6,104 $3,251 $(4,027)$5,328 
Total assets$777,995 $470,875 $26,359 $1,275,229 
Long-lived assets$624,384 $200,427 $11,247 $836,058 
Goodwill$354,314 $56,389 $— $410,703 
Capital expenditures$727 $1,852 $584 $3,163 
Number of operating locations at year end160 28 — 188 
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the Chief Operating Decision Maker ("CODM").
(2) Allocated overhead costs include: property insurance costs, property tax expenses and corporate overhead fees allocated to the field, such as information technology, human resources, legal and finance.
(3) General and administrative expenses include: professional services, travel and meals expenses, computer software expenses and office supplies.
(4) The Corporate segment's other segment expenses primarily include general, administrative and other expenses, net loss on divestitures, disposals and impairment charges and amortization and depreciation expenses. The Funeral and Cemetery segment's other segment expenses primarily include transportation costs, other funeral costs, non-payroll related promotional costs, net loss on divestitures, disposals and impairment charges and amortization and depreciation expenses.
Three months ended March 31, 2024FuneralCemeteryCorporateTotal
Revenue
Services$44,807 $4,892 $— $49,699 
Merchandise22,659 4,140 — 26,799 
Cemetery property— 18,703 — 18,703 
Other revenue4,365 3,927 — 8,292 
Total revenue71,831 31,662 — 103,493 
Less:(1)
Salaries, benefits and commission expenses
18,298 8,897 — 27,195 
Cost of merchandise7,843 1,156 — 8,999 
Allocated overhead costs(2)
3,296 1,156 — 4,452 
Facilities and grounds expenses2,694 1,180 — 3,874 
General and administrative expenses(3)
2,773 923 — 3,696 
Other segment expenses(4)
13,853 5,708 16,239 35,800 
Operating income (loss)$23,074 $12,642 $(16,239)$19,477 
Interest expense$225 $4 $8,483 $8,712 
Depreciation and amortization$2,968 $2,255 $237 $5,460 
Income (loss) before income taxes$22,869 $12,709 $(24,856)$10,722 
Income tax expense (benefit)$7,996 $4,444 $(8,691)$3,749 
Total assets$790,358 $452,517 $17,644 $1,260,519 
Long-lived assets$635,574 $207,062 $6,099 $848,735 
Goodwill$356,878 $58,017 $— $414,895 
Capital expenditures$1,168 $2,233 $150 $3,551 
Number of operating locations at year end165 31 — 196 
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
(2) Allocated overhead costs include: property insurance costs, property tax expenses and corporate overhead fees allocated to the field, such as information technology, human resources, legal and finance.
(3) General and administrative expenses include: professional services, travel and meals expenses, computer software expenses and office supplies.
(4) The Corporate segment's other segment expenses primarily include general, administrative and other expenses, net loss on divestitures, disposals and impairment charges and amortization and depreciation expenses. The Funeral and Cemetery segment's other segment expenses primarily include transportation costs, other funeral costs, non-payroll related promotional costs, net loss on divestitures, disposals and impairment charges and amortization and depreciation expenses.