MAJOR SEGMENTS OF BUSINESS |
MAJOR SEGMENTS OF BUSINESS We conduct funeral and cemetery operations only in the United States. The following table presents revenue, operating income (loss), income (loss) before income taxes, depreciation and amortization, interest expense, income tax expense (benefit), total assets, long-lived assets, capital expenditures and number of operating locations by segment (in thousands, except number of operating locations): | | | | | | | | | | | | | | | | | | Funeral | | Cemetery | | Corporate | | Consolidated | Revenue: | | | | | | | | 2019 | $ | 216,868 |
| | $ | 57,239 |
| | $ | — |
| | $ | 274,107 |
| 2018 | 210,725 |
| | 57,267 |
| | — |
| | 267,992 |
| 2017 | 200,886 |
| | 57,253 |
| | — |
| | 258,139 |
| Operating income (loss): | | | | | | | | 2019 | $ | 63,602 |
| | $ | 15,983 |
| | $ | (27,296 | ) | | $ | 52,289 |
| 2018 | 60,881 |
| | 15,066 |
| | (32,640 | ) | | 43,307 |
| 2017 | 61,369 |
| | 15,430 |
| | (27,858 | ) | | 48,941 |
| Income (loss) before income taxes: | | | | | | | | 2019 | $ | 58,844 |
| | $ | 16,025 |
| | $ | (52,453 | ) | | $ | 22,416 |
| 2018 | 59,912 |
| | 15,349 |
| | (56,995 | ) | | 18,266 |
| 2017 | 60,634 |
| | 15,852 |
| | (43,704 | ) | | 32,782 |
| Depreciation and amortization: | | | | | | | | 2019 | $ | 11,128 |
| | $ | 5,227 |
| | $ | 1,416 |
| | $ | 17,771 |
| 2018 | 10,726 |
| | 4,891 |
| | 1,813 |
| | 17,430 |
| 2017 | 9,785 |
| | 4,589 |
| | 1,605 |
| | 15,979 |
| Interest expense: | | | | | | | | 2019 | $ | 1,142 |
| | $ | — |
| | $ | 24,380 |
| | $ | 25,522 |
| 2018 | 1,339 |
| | — |
| | 19,770 |
| | 21,109 |
| 2017 | 1,170 |
| | 2 |
| | 11,776 |
| | 12,948 |
| Income tax expense (benefit): | | | | | | | | 2019 | $ | 20,694 |
| | $ | 5,635 |
| | $ | (18,446 | ) | | $ | 7,883 |
| 2018 | 21,717 |
| | 5,564 |
| | (20,660 | ) | | 6,621 |
| 2017 | (8,159 | ) | | (2,133 | ) | | 5,881 |
| | (4,411 | ) | Total assets: | | | | | | | | 2019 | $ | 790,459 |
| | $ | 314,413 |
| | $ | 24,883 |
| | $ | 1,129,755 |
| 2018 | 686,470 |
| | 226,475 |
| | 4,557 |
| | 917,502 |
| 2017 | 665,483 |
| | 251,243 |
| | 4,807 |
| | 921,533 |
| Long-lived assets: | | | | | | | | 2019 | $ | 650,179 |
| | $ | 145,158 |
| | $ | 1,303 |
| | $ | 796,640 |
| 2018 | 572,916 |
| | 89,654 |
| | 1,538 |
| | 664,108 |
| 2017 | 537,282 |
| | 90,292 |
| | 2,124 |
| | 629,698 |
| Capital expenditures: | | | | | | | | 2019 | $ | 8,403 |
| | $ | 5,772 |
| | $ | 1,204 |
| | $ | 15,379 |
| 2018 | 8,296 |
| | 3,989 |
| | 1,241 |
| | 13,526 |
| 2017 | 9,835 |
| | 5,283 |
| | 1,277 |
| | 16,395 |
| Number of operating locations at year end: | | | | | | | | 2019 | 186 |
| | 31 |
| | — |
| | 217 |
| 2018 | 182 |
| | 29 |
| | — |
| | 211 |
| 2017 | 178 |
| | 32 |
| | — |
| | 210 |
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