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Unaudited Condensed Consolidated Statement of Cash Flows Statement (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 101,682$ 90,232
Adjustments to reconcile net income to net cash provided by operating activities:  
Loss on early extinguishment of debt, net3,5049,357
Depreciation and amortization88,36387,676
Amortization of intangible assets19,49718,816
Amortization of cemetery property27,88923,438
Amortization of loan costs3,2593,223
Provision for doubtful accounts6,4314,137
Provision for deferred income taxes40,03839,273
Losses (gains) on divestitures and impairment charges, net15,264(5,831)
Share-based compensation6,8436,714
Excess tax benefit from share-based awards0(831)
Change in assets and liabilities, net of effects from acquisitions and divestitures:  
Decrease in receivables13,5836,793
Decrease (increase) in other assets2,560(1,094)
Increase in payables and other liabilities7,8087,687
Effect of preneed funeral production and maturities:  
Decrease in preneed funeral receivables, net and trust investments47,26330,434
Decrease in deferred preneed funeral revenue(30,724)(4,218)
Decrease in deferred preneed funeral receipts held in trust(33,203)(27,240)
Effect of cemetery production and deliveries:  
Increase in preneed cemetery receivables, net and trust investments(47,977)(29,849)
Increase in deferred preneed cemetery revenue26,5027,369
(Decrease) increase in deferred preneed cemetery receipts held in trust(6,280)1,496
Other(989)(1,471)
Net cash provided by operating activities291,313266,111
Cash flows from investing activities:  
Capital expenditures(85,936)(67,443)
Acquisitions(97,473)(281,800)
Proceeds from divestitures and sales of property and equipment, net15,23382,866
Net withdrawals of restricted funds and other95626,440
Net cash used in investing activities(167,220)(239,937)
Cash flows from financing activities:  
Proceeds from issuance of long-term debt65,000245,000
Debt issuance costs0(6,203)
Payments of debt(2,169)(32,398)
Early extinguishment of debt(43,089)(118,562)
Repayments of Debt43,089118,562
Principal payments on capital leases(17,186)(40,716)
Proceeds from exercise of stock options7,6941,469
Excess tax benefit from share-based awards0831
Purchase of Company common stock(146,590)(86,871)
Payments of dividends(33,395)(30,224)
Bank overdrafts and other3,573(5,655)
Net cash used in financing activities(166,162)(73,329)
Effect of foreign currency on cash and cash equivalents(1,740)3,223
Net decrease in cash and cash equivalents(43,809)(43,932)
Cash and cash equivalents at beginning of period170,846179,745
Cash and cash equivalents at end of period$ 127,037$ 135,813