Equity Level 1 (Notes)

9 Months Ended

Sep. 30, 2011

Equity [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Equity

(All shares reported in whole numbers)

Our components of Accumulated other comprehensive income are as follows:

	Foreign Currency Translation Adjustment			Unrealized Gains and Losses			Accumulated Other Comprehensive Income
				(In thousands)
Balance at December 31, 2010	$	112,768		$	—		$	112,768
Activity in 2011	(13,216		)	—			(13,216		)
Decrease in net unrealized gains associated with available-for-sale securities of the trusts, net of taxes	—			(146,669		)	(146,669		)
Reclassification of net unrealized loss activity attributable to the Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus’, net of taxes	—			146,669			146,669
Balance at September 30, 2011	$	99,552		$	—		$	99,552

The assets and liabilities of foreign operations are translated into U.S. dollars using the current exchange rate. The U.S. dollar amount that arises from such translation, as well as exchange gains and losses on intercompany balances of a long-term investment nature, are included in the foreign currency translation adjustment in Accumulated other comprehensive income. Income taxes are generally not provided on foreign currency translation adjustments.

The components of comprehensive income are as follows for the three and nine months ended September 30, 2011 and 2010:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2011			2010			2011			2010
	(In thousands)						(In thousands)
Comprehensive income:
Amounts attributable to common stockholders:
Net income	$	35,496		$	18,765		$	100,353		$	89,962
Other comprehensive (loss) income	(23,132		)	7,266			(13,216		)	4,761
Amounts attributable to noncontrolling interests:
Net (loss) income	(481		)	(85		)	1,329			270
Other comprehensive (loss) income	(17		)	3			(13		)	2
Comprehensive income	$	11,866		$	25,949		$	88,453		$	94,995

Cash Dividends

On August 10, 2011, our Board of Directors approved a cash dividend of $.05 per common share. At September 30, 2011, this dividend totaling $11.4 million was recorded in Accounts payable and accrued liabilities and Capital in excess of par value in our unaudited condensed consolidated balance sheet. This dividend will be paid on October 31, 2011.

Share Repurchase Program

Subject to market conditions, normal trading restrictions, and limitations in our debt covenants, we may make purchases in the open market or through privately negotiated transactions under our stock repurchase program. In August 2011, our Board of Directors approved an increase in our share repurchase program authorizing the investment of up to an additional $116.6 million to repurchase our common stock, bringing total authorization up to $200.0 million. During the nine months ended September 30, 2011, we repurchased 14,641,168 shares of common stock at an aggregate cost of $145.0 million, which is an average cost per share of $9.90. After these repurchases, the remaining dollar value of shares authorized to be purchased under our share repurchase program was approximately $150.3 million at September 30, 2011.

Subsequent to September 30, 2011, we repurchased an additional 1,233,800 shares of common stock at an aggregate cost of $11.7 million, which is an average cost per share of $9.48. After these fourth quarter repurchases, the remaining dollar value of shares authorized to be purchased under our share repurchase program is approximately $138.6 million.