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Segment Reporting
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Our Chief Operating Decision Maker (the “CODM”), who is the Chief Executive Officer, utilizes segment operating income (loss) for resource allocation across segments, particularly during the annual budgeting and forecasting processes. The CODM examines variances on a monthly basis to make informed decisions regarding capital and personnel distribution among segments. Additionally, the CODM employs segment gross profit for product pricing evaluation and uses segment adjusted operating profit to assess each segment’s performance by comparing results and return on assets against expected outcomes.
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), capital expenditures and number of operating locations by segment as follows, (in thousands, except number of operating locations) for the three and nine months ended September 30, 2025 and 2024, respectively:
Nine months ended, September 30, 2025FuneralCemeteryCorporateTotal
Revenue
Services$128,495 $15,229 $— $143,724 
Merchandise57,787 12,942 — 70,729 
Cemetery property— 70,003 — 70,003 
Other revenue16,362 11,140 — 27,502 
Total revenue202,644 109,314 — 311,958 
Less:
Salaries, benefits, and commission expenses
51,837 30,878 — 82,715 
Cost of merchandise21,335 6,079 — 27,414 
Allocated overhead costs(1)
9,914 4,039 — 13,953 
Facilities and grounds expenses8,506 4,748 — 13,254 
General and administrative expenses(2)
8,242 2,828 — 11,070 
Other segment expenses(3)
40,329 13,991 36,163 90,483 
Operating income (loss)$62,481 $46,751 $(36,163)$73,069 
Interest expense$1,014 $13 $20,251 $21,278 
Depreciation and amortization$8,426 $8,234 $1,417 $18,077 
Income (loss) before income taxes$63,564 $48,811 $(59,555)$52,820 
Income tax expense (benefit)$16,341 $12,550 $(15,306)$13,585 
Capital expenditures$2,232 $8,574 $1,909 $12,715 
Number of operating locations at year end159 28 — 187 
(1) 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.
(2) General and administrative expenses include: professional services, travel and meals expenses, computer software expenses, and office supplies.
(3) The Corporate segment’s other segment expenses primarily include general, administrative and other expenses, net loss on divestitures 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 and impairment charges, and amortization and depreciation expenses.
Nine months ended September 30, 2024FuneralCemeteryCorporateTotal
Revenue
Services$124,288 $14,760 $— $139,048 
Merchandise61,778 13,380 — 75,158 
Cemetery property— 67,353 — 67,353 
Other revenue13,062 11,877 — 24,939 
Total revenue199,128 107,370 — 306,498 
Less:(1)
Salaries, benefits, and commission expenses
52,433 28,471 — 80,904 
Cost of merchandise21,239 6,097 — 27,336 
Allocated overhead costs(1)
9,896 3,620 — 13,516 
Facilities and grounds expenses7,879 4,908 — 12,787 
General and administrative expenses(2)
7,725 2,636 — 10,361 
Other segment expenses(3)
36,513 17,291 47,047 100,851 
Operating income (loss)$63,443 $44,347 $(47,047)$60,743 
Interest expense$714 $24 $24,333 $25,071 
Depreciation and amortization$8,787 $7,769 $718 $17,274 
Income (loss) before income taxes$63,301 $44,651 $(71,922)$36,030 
Income tax expense (benefit)$22,722 $16,030 $(25,820)$12,932 
Capital expenditures$4,221 $6,593 $896 $11,710 
Number of operating locations at year end162 31 — 193 
(1) 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.
(2) General and administrative expenses include: professional services, travel and meals expenses, computer software expenses, and office supplies.
(3) The Corporate segment’s other segment expenses primarily include general, administrative and other expenses, net loss on divestitures 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 and impairment charges, and amortization and depreciation expenses.