XML 127 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
The changes in the carrying amounts of goodwill for our funeral and cemetery reporting units are as follows (in thousands):
 
2013
 
2012
 
Funeral
 
Cemetery
 
Total
 
Funeral
 
Cemetery
 
Total
 
 

 
 

 
 

 
 

 
 

 
 

Balance as of January 1:
$
1,319,308

 
$
63,102

 
$
1,382,410

 
$
1,298,350

 
$
63,143

 
$
1,361,493

 
 
 
 
 
 
 
 
 
 
 
 
Increase in goodwill related to acquisitions
322,118

 
260,108

 
582,226

 
20,289

 

 
20,289

Reduction of goodwill related to divestitures
(2,774
)
 

 
(2,774
)
 
(2,210
)
 
(41
)
 
(2,251
)
Held for Sale
(29,070
)
 
(2,027
)
 
(31,097
)
 
 
 
 
 
 
Effect of foreign currency and other
(8,663
)
 

 
(8,663
)
 
2,879

 

 
2,879

Activity in 2013
281,611

 
258,081

 
539,692

 
20,958

 
(41
)
 
20,917

 
 
 
 
 
 
 
 
 
 
 
 
Balance as of December 31
$
1,600,919

 
$
321,183

 
$
1,922,102

 
$
1,319,308

 
$
63,102

 
$
1,382,410

Schedule of Intangible Assets [Table Text Block]
The components of intangible assets at December 31 were as follows:
 
Useful life
 
 
 
 
 
Minimum
 
Maximum
 
2013
 
2012
 
(Years)
 
(In thousands)
Amortizing intangibles:
 
 
 
 
 
 
 
Covenants-not-to-compete
2
-
20
 
$
218,771

 
$
208,594

Customer relationships
10
-
20
 
174,282

 
102,481

Tradenames
5
-
5
 
12,750

 
3,600

Other
5
-
40
 
17,027

 
6,050

 
 
 
 
 
422,830

 
320,725

Less: Accumulated amortization
 
 
 
 
227,119

 
207,985

Amortizing intangibles, net
 
 
 
 
195,711

 
112,740

 
 
 
 
 
 
 
 
Non-amortizing intangibles:
 
 
 
 
 
 
 
Tradenames
 
 
Indefinite
 
215,135

 
134,823

Other
 
 
Indefinite
 
11,640

 
10,140

Non-amortizing intangibles
 
 
 
 
226,775

 
144,963

 
 
 
 
 
 
 
 
Intangible assets, net
 
 
 
 
$
422,486

 
$
257,703

Schedule of Expected Amortization Expense [Table Text Block]
The following is estimated amortization expense, excluding certain intangibles for which we are unable to provide an estimate because they are amortized based on specific identification in the performance of a preneed contract, for the five years subsequent to December 31, 2013 (in thousands):
2014
$
17,572

2015
14,884

2016
14,065

2017
11,525

2018
10,722