Disaggregation of Revenue |
Revenue, disaggregated by major source for each of our reportable segments was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, 2024 | | | | | | | | | Funeral | | Cemetery | | Total | Services | | $ | 39,892 | | | $ | 5,024 | | | $ | 44,916 | | Merchandise | | 19,455 | | | 4,757 | | | 24,212 | | Cemetery property | | — | | | 23,207 | | | 23,207 | | Other revenue | | 4,355 | | | 3,997 | | | 8,352 | | Total | | $ | 63,702 | | | $ | 36,985 | | | $ | 100,687 | |
| | | | | | | | | | | | | | | | | | | | | Three months ended September 30, 2023 | | | | | | | | | Funeral | | Cemetery | | Total | Services | | $ | 39,090 | | | $ | 4,618 | | | $ | 43,708 | | Merchandise | | 20,325 | | | 4,067 | | | 24,392 | | Cemetery property | | — | | | 15,895 | | | 15,895 | | Other revenue | | 3,211 | | | 3,288 | | | 6,499 | | Total | | $ | 62,626 | | | $ | 27,868 | | | $ | 90,494 | |
| | | | | | | | | | | | | | | | | | | | | Nine months ended September 30, 2024 | | | | | | | | | Funeral | | Cemetery | | Total | Services | | $ | 124,288 | | | $ | 14,760 | | | $ | 139,048 | | Merchandise | | 61,778 | | | 13,380 | | | 75,158 | | Cemetery property | | — | | | 67,353 | | | 67,353 | | Other revenue | | 13,062 | | | 11,877 | | | 24,939 | | Total | | $ | 199,128 | | | $ | 107,370 | | | $ | 306,498 | |
| | | | | | | | | | | | | | | | | | | | | Nine months ended September 30, 2023 | | | | | | | | | Funeral | | Cemetery | | Total | Services | | $ | 122,491 | | | $ | 13,946 | | | $ | 136,437 | | Merchandise | | 64,505 | | | 12,245 | | | 76,750 | | Cemetery property | | — | | | 49,178 | | | 49,178 | | Other revenue | | 10,220 | | | 11,101 | | | 21,321 | | Total | | $ | 197,216 | | | $ | 86,470 | | | $ | 283,686 | |
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Revenue, pre-tax income and total and total assets by segments |
The following table presents operating income (loss), income (loss) before income taxes and total assets (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Funeral | | Cemetery | | Corporate | | Consolidated | | | | | | | | | | | | | | | | | | | | | | | | | Operating income (loss): | | | | | | | | Three months ended September 30, 2024 | $ | 19,958 | | | $ | 15,145 | | | $ | (12,206) | | | $ | 22,897 | | Three months ended September 30, 2023 | 18,145 | | | 8,844 | | | (11,303) | | | 15,686 | | | | | | | | | | Nine months ended September 30, 2024 | $ | 63,434 | | | $ | 44,348 | | | $ | (47,039) | | | $ | 60,743 | | Nine months ended September 30, 2023 | 58,236 | | | 30,496 | | | (31,674) | | | 57,058 | | | | | | | | | | Income (loss) before income taxes: | | | | | | | | Three months ended September 30, 2024 | $ | 19,767 | | | $ | 15,282 | | | $ | (20,200) | | | $ | 14,849 | | Three months ended September 30, 2023 | 18,377 | | | 8,902 | | | (20,503) | | | 6,776 | | | | | | | | | | Nine months ended September 30, 2024 | $ | 63,301 | | | $ | 44,652 | | | $ | (71,923) | | | $ | 36,030 | | Nine months ended September 30, 2023 | 58,824 | | | 30,757 | | | (58,757) | | | 30,824 | | | | | | | | | | Total assets: | | | | | | | | September 30, 2024 | $ | 784,108 | | | $ | 472,464 | | | $ | 18,846 | | | $ | 1,275,418 | | December 31, 2023 | 802,368 | | | 448,018 | | | 17,666 | | | 1,268,052 | |
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