Condensed Consolidating Financial Statements of Guarantors of Senior Notes and Senior Convertible Notes (Tables)

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Condensed Financial Statements, Captions [Line Items]

Condensed Income Statement [Table Text Block]

Condensed Consolidating Statements of Operations

	Year Ended December 31, 2013
	Parent			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	—		$	11,349		$	2,545,033		$	—		$	2,556,382
Costs and expenses	—			—			(9,648		)	(1,997,165		)	—			(2,006,813		)
Gross profits	—			—			1,701			547,868			—			549,569
General and administrative expenses	(30,492		)	(451		)	—			(124,193		)	—			(155,136		)
Losses on divestitures and impairment charges, net	—			—			—			(6,263		)	—			(6,263		)
Operating income	$	(30,492	)	$	(451	)	$	1,701		$	417,412		$	—		$	388,170
Interest expense	(135,362		)	(472		)	—			(6,526		)	—			(142,360		)
Gains on early extinguishment of debt, net	—			—			—			468			—			468
Equity in subsidiaries	248,784			1,068			—			—			(249,852		)	—
Other (expense) income, net	—			—			(20		)	(539		)	—			(559		)
Income from continuing operations before income taxes	$	82,930		$	145		$	1,681		$	410,815		$	(249,852	)	$	245,719
Benefit (provision) for income taxes	60,918			360			(656		)	(157,237		)	—			(96,615		)
Net income	143,848			505			1,025			253,578			(249,852		)	149,104
Net income attributable to noncontrolling interests	$	—		$	—		$	—		$	—		$	(5,256	)	$	(5,256	)
Net income attributable to common stockholders	$	143,848		$	505		$	1,025		$	253,578		$	(255,108	)	$	143,848

Condensed Consolidating Statements of Operations

	Year Ended December 31, 2012
	Parent			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	2,410,481		$	—		$	2,410,481
Costs and expenses	—			(1,887,268		)	—			(1,887,268		)
Gross profits	—			523,213			—			523,213
General and administrative expenses	(2,062		)	(119,829		)	—			(121,891		)
Losses on divestitures and impairment charges, net	—			(1,533		)	—			(1,533		)
Operating income	$	(2,062	)	$	401,851		$	—		$	399,789
Interest expense	(128,950		)	(6,118		)	—			(135,068		)
Losses on early extinguishment of debt, net	(22,706		)	—			—			(22,706		)
Equity in subsidiaries	249,803			—			(249,803		)	—
Other income (expense), net	—			3,668			—			3,668
Income from continuing operations before income taxes	$	96,085		$	399,401		$	(249,803	)	$	245,683
Benefit (provision) for income taxes	56,461			(148,009		)	—			(91,548		)
Net income	152,546			251,392			(249,803		)	154,135
Net income attributable to noncontrolling interests	$	—		$	—		$	(1,589	)	$	(1,589	)
Net income attributable to common stockholders	$	152,546		$	251,392		$	(251,392	)	$	152,546

Condensed Consolidating Statements of Operations

	Year Ended December 31, 2011
	Parent			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	2,316,040		$	—		$	2,316,040
Costs and expenses	—			(1,839,538		)	—			(1,839,538		)
Gross profits	—			476,502			—			476,502
General and administrative expenses	(1,940		)	(99,886		)	—			(101,826		)
Losses on divestitures and impairment charges, net	—			(10,977		)	—			(10,977		)
Operating income	$	(1,940	)	$	365,639		$	—		$	363,699
Interest expense	(128,315		)	(5,467		)	—			(133,782		)
Losses on early extinguishment of debt, net	(3,509		)	—			—			(3,509		)
Equity in subsidiaries	229,536			—			(229,536		)	—
Other income (expense), net	—			(772		)	—			(772		)
Income from continuing operations before income taxes	$	95,772		$	359,400		$	(229,536	)	$	225,636
Benefit (provision) for income taxes	49,131			(128,535		)	—			(79,404		)
Net income	144,903			230,865			(229,536		)	146,232
Net income attributable to noncontrolling interests	$	—		$	—		$	(1,329	)	$	(1,329	)
Net income attributable to common stockholders	$	144,903		$	230,865		$	(230,865	)	$	144,903

Condensed Statement of Comprehensive Income [Table Text Block]

Condensed Consolidating Statements of Comprehensive Income

	Year Ended December 31, 2013
	Parent			Subsidiary Issuer		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income	$	143,848		$	505	$	1,025	$	253,578		$	(249,852	)	$	149,104
Other comprehensive income	(23,276		)	—		—		(23,276		)	18,020			(28,532		)
Total comprehensive income attributable to common stockholders	$	120,572		$	505	$	1,025	$	230,302		$	(231,832	)	$	120,572

Condensed Consolidating Statements of Comprehensive Income

	Year Ended December 31, 2012
	Parent		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Net income	$	152,546	$	251,392	$	(249,803	)	$	154,135
Other comprehensive income	5,865		5,865		(7,454		)	4,276
Total comprehensive income attributable to common stockholders	$	158,411	$	257,257	$	(257,257	)	$	158,411

Condensed Consolidating Statements of Comprehensive Income

	Year Ended December 31, 2011
	Parent			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net income	$	144,903		$	230,865		$	(229,536	)	$	146,232
Other comprehensive income	(6,916		)	(6,916		)	5,587			(8,245		)
Total comprehensive income attributable to common stockholders	$	137,987		$	223,949		$	(223,949	)	$	137,987

Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Balance Sheets

	Year Ended December 31, 2013
	Parent		Subsidiary Issuer		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	53,543	$	1,898	$	89,432	$	—		$	144,873
Receivables, net	—		442		23,908		81,549		—			105,899
Inventories, net	—		—		10,822		23,743		—			34,565
Current assets held for sale	—		—		3,333		1,236		—			4,569
Other	9,083		29,133		34,611		31,014		—			103,841
Total current assets	$	9,083	$	83,118	$	74,572	$	226,974	$	—		$	393,747
Equity in subsidiaries	4,132,098		874,590		4,546		—		(5,011,234		)	—
Preneed funeral receivables, net and trust investments	—		—		358,567		1,512,307		—			1,870,874
Preneed cemetery receivables, net and trust investments	—		—		265,346		2,035,565		—			2,300,911
Cemetery property, at cost	—		—		266,168		1,482,899		—			1,749,067
Property and equipment, net	—		15,243		308,267		1,599,451		—			1,922,961
Non-current assets held for sale	—		—		434,248		303,304		—			737,552
Deferred charges and other assets	42,068		31,807		179,811		407,548		—			661,234
Goodwill, net	—		578,578		—		1,343,524		—			1,922,102
Cemetery perpetual care trust investments	—		—		223,903		1,123,719		—			1,347,622
Total assets	$	4,183,249	$	1,583,336	$	2,115,428	$	10,035,291	$	(5,011,234	)	$	12,906,070
LIABILITIES & EQUITY
Current liabilities:
Accounts payable and accrued liabilities	$	31,914	$	46,020	$	43,706	$	365,008	$	—		$	486,648
Current maturities of long-term debt	—		106,939		—		39,423		—			146,362
Current liabilities held for sale	—		—		1,647		1,536		—			3,183
Income taxes	—		560		1,427		4,404		—			6,391
Total current liabilities	31,914		153,519		46,780		410,371		—			642,584
Long-term debt	2,731,611		270,578		89		153,270					3,155,548
Deferred preneed funeral revenues	$	—	$	—	$	177,097	$	509,202	$	—		$	686,299
Deferred preneed cemetery revenues	—		—		33,561		889,594		—			923,155
Deferred tax liability	1,092		—		99,595		518,513		—			619,200
Non-current liabilities held for sale	—		—		153,637		274,416		—			428,053
Other liabilities	4,402		29,944		11,116		384,931		—			430,393
Deferred preneed funeral and cemetery receipts held in trust	—		—		503,667		2,746,919		—			3,250,586
Care trusts’ corpus	—		—		223,903		1,121,971		—			1,345,874
Equity:
Common stock	212,317		85,175		102		25		(85,302		)	212,317
Other equity	1,113,472		1,044,120		865,881		2,937,638		(4,847,639		)	1,113,472
Accumulated other comprehensive income	88,441		—		—		88,441		(88,441		)	88,441
Total common stockholders’ equity	1,414,230		1,129,295		865,983		3,026,104		(5,021,382		)	1,414,230
Noncontrolling interests	—		—		—		—		10,148			10,148
Total equity	1,414,230		1,129,295		865,983		3,026,104		(5,011,234		)	1,424,378
Total liabilities and equity	4,183,249		1,583,336		2,115,428		10,035,291		(5,011,234		)	12,906,070

Condensed Consolidating Balance Sheets

	Year Ended December 31, 2012
	Parent		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	92,708	$	—		$	92,708
Receivables, net	—		101,817		—			101,817
Inventories, net	—		24,560		—			24,560
Other	4,393		59,017		—			63,410
Total current assets	$	4,393	$	278,102	$	—		$	282,495
Equity in subsidiaries	3,108,856		—		(3,108,856		)	—
Preneed funeral receivables, net and trust investments	—		1,535,932		—			1,535,932
Preneed cemetery receivables, net and trust investments	—		1,826,835		—			1,826,835
Cemetery property, at cost	—		1,489,948		—			1,489,948
Property and equipment, net	—		1,641,101		—			1,641,101
Goodwill, net	—		1,382,410		—			1,382,410
Deferred charges and other assets	23,357		401,910		—			425,267
Cemetery perpetual care trust investments	—		1,099,580		—			1,099,580
Total assets	$	3,136,606	$	9,655,818	$	(3,108,856	)	$	9,683,568
LIABILITIES & EQUITY
Current liabilities:
Accounts payable and accrued liabilities	20,761		353,022		—			373,783
Current maturities of long-term debt	4,757		26,672		—			31,429
Income taxes	—		6,892		—			6,892
Total current liabilities	$	25,518	$	386,586	$	—		$	412,104
Long-term debt	1,762,725		153,896		—			1,916,621
Deferred preneed funeral revenues	—		536,647		—			536,647
Deferred preneed cemetery revenues	—		861,148		—			861,148
Deferred tax liability	1,175		470,023		—			471,198
Other liabilities	4,161		395,789		—			399,950
Deferred preneed funeral and cemetery receipts held in trust	—		2,624,321		—			2,624,321
Care trusts’ corpus	—		1,098,752		—			1,098,752
Equity:
Common stock	211,047		24		(24		)	211,047
Other equity	1,020,263		3,016,915		(3,016,915		)	1,020,263
Accumulated other comprehensive income	111,717		111,717		(111,717		)	111,717
Total common stockholders’ equity	$	1,343,027	$	3,128,656	$	(3,128,656	)	$	1,343,027
Noncontrolling interests	—		—		19,800			19,800
Total equity	1,343,027		3,128,656		(3,108,856		)	1,362,827
Total liabilities and equity	$	3,136,606	$	9,655,818	$	(3,108,856	)	$	9,683,568

Condensed Cash Flow Statement [Table Text Block]

	Year Ended December 31, 2012
	Parent		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	92,708	$	—		$	92,708
Receivables, net	—		101,817		—			101,817
Inventories, net	—		24,560		—			24,560
Other	4,393		59,017		—			63,410
Total current assets	$	4,393	$	278,102	$	—		$	282,495
Equity in subsidiaries	3,108,856		—		(3,108,856		)	—
Preneed funeral receivables, net and trust investments	—		1,535,932		—			1,535,932
Preneed cemetery receivables, net and trust investments	—		1,826,835		—			1,826,835
Cemetery property, at cost	—		1,489,948		—			1,489,948
Property and equipment, net	—		1,641,101		—			1,641,101
Goodwill, net	—		1,382,410		—			1,382,410
Deferred charges and other assets	23,357		401,910		—			425,267
Cemetery perpetual care trust investments	—		1,099,580		—			1,099,580
Total assets	$	3,136,606	$	9,655,818	$	(3,108,856	)	$	9,683,568
LIABILITIES & EQUITY
Current liabilities:
Accounts payable and accrued liabilities	20,761		353,022		—			373,783
Current maturities of long-term debt	4,757		26,672		—			31,429
Income taxes	—		6,892		—			6,892
Total current liabilities	$	25,518	$	386,586	$	—		$	412,104
Long-term debt	1,762,725		153,896		—			1,916,621
Deferred preneed funeral revenues	—		536,647		—			536,647
Deferred preneed cemetery revenues	—		861,148		—			861,148
Deferred tax liability	1,175		470,023		—			471,198
Other liabilities	4,161		395,789		—			399,950
Deferred preneed funeral and cemetery receipts held in trust	—		2,624,321		—			2,624,321
Care trusts’ corpus	—		1,098,752		—			1,098,752
Equity:
Common stock	211,047		24		(24		)	211,047
Other equity	1,020,263		3,016,915		(3,016,915		)	1,020,263
Accumulated other comprehensive income	111,717		111,717		(111,717		)	111,717
Total common stockholders’ equity	$	1,343,027	$	3,128,656	$	(3,128,656	)	$	1,343,027
Noncontrolling interests	—		—		19,800			19,800
Total equity	1,343,027		3,128,656		(3,108,856		)	1,362,827
Total liabilities and equity	$	3,136,606	$	9,655,818	$	(3,108,856	)	$	9,683,568

Condensed Consolidating Statements of Cash Flows

	Year Ended December 31, 2013
	Parent			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by operating activities	$	(147,355	)	$	(25,024	)	$	1,737		$	555,351		$	—		$	384,709
Cash flows from investing activities:
Capital expenditures	—			—			—			(113,084		)	—			(113,084		)
Acquisitions, net of cash acquired	(1,165,350		)	114,875			1,898			(8,545		)	—			(1,057,122		)
Proceeds from divestitures and sales of property and equipment	—			—			—			13,072			—			13,072
Other	—			—			—			341			—			341
Distributions from subsidiaries	437,742			—			—			—			(437,742		)	—
Net cash used in investing activities	(727,608		)	114,875			1,898			(108,216		)	(437,742		)	(1,156,793		)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	1,055,000			—			—			—			—			1,055,000
Debt issuance costs	(36,064		)	—			—			—			—			(36,064		)
Payments of debt	(91,265		)	—			—			(571		)	—			(91,836		)
Early extinguishment of debt	(80		)	—			—			—			—			(80		)
Principal payments on capital leases	—			—			—			(26,280		)	—			(26,280		)
Proceeds from exercise of stock options	6,309			—			—			—			—			6,309
Purchase of Company common stock	(1,708		)	—			—			—			—			(1,708		)
Payments of dividends	(57,229		)	—			—			—			—			(57,229		)
Purchase of noncontrolling interest	—			—			—			(23,333		)	—			(23,333		)
Other	—			—			—			336			—			336
Distributions to parent	—			(36,308		)	(1,737		)	(399,697		)	437,742			—
Net cash provided by (used in) financing activities	874,963			(36,308		)	(1,737		)	(449,545		)	437,742			825,115
Effect of foreign currency	—			—			—			(866		)	—			(866		)
Net decrease in cash and cash equivalents	—			53,543			1,898			(3,276		)	—			52,165
Cash and cash equivalents at beginning of period	—			—			—			92,708			—			92,708
Cash and cash equivalents at end of period	$	—		$	53,543		$	1,898		$	89,432		$	—		$	144,873

Condensed Consolidating Statements of Cash Flows

	Year Ended December 31, 2012
	Parent			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by operating activities	$	(126,547	)	$	495,793		$	—		$	369,246
Cash flows from investing activities:
Capital expenditures	—			(115,628		)	—			(115,628		)
Acquisitions, net of cash acquired	—			(65,463		)	—			(65,463		)
Proceeds from divestitures and sales of property and equipment	—			9,953			—			9,953
Other	—			(3,816		)	—			(3,816		)
Distributions from subsidiaries	340,260			—			(340,260		)	—
Net cash used in investing activities	340,260			(174,954		)	(340,260		)	(174,954		)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	221,600			5,907			—			227,507
Debt issuance costs	(4,500		)	—			—			(4,500		)
Payments of debt	—			(1,145		)	—			(1,145		)
Early extinguishment of debt	(202,140		)	—			—			(202,140		)
Principal payments on capital leases	—			(25,760		)	—			(25,760		)
Proceeds from exercise of stock options	18,389			—			—			18,389
Purchase of Company common stock	(186,766		)	—			—			(186,766		)
Payments of dividends	(60,296		)	—			—			(60,296		)
Purchase of noncontrolling interest	—			(3,000		)	—			(3,000		)
Bank overdrafts and other	—			6,199			—			6,199
Distributions to parent	—			(340,260		)	340,260			—
Net cash provided by (used in) financing activities	(213,713		)	(358,059		)	340,260			(231,512		)
Effect of foreign currency				1,359						1,359
Net decrease in cash and cash equivalents	—			(35,861		)	—			(35,861		)
Cash and cash equivalents at beginning of period	—			128,569			—			128,569
Cash and cash equivalents at end of period	$	—		$	92,708		$	—		$	92,708

Condensed Consolidating Statements of Cash Flows

	Year Ended December 31, 2011
	Parent			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by operating activities	$	(125,067	)	$	513,179		$	—		$	388,112
Cash flows from investing activities:
Capital expenditures	—			(118,375		)	—			(118,375		)
Acquisitions	—			(99,570		)	—			(99,570		)
Proceeds from divestitures and sales of property and equipment	—			24,529			—			24,529
Other	—			3,159			—			3,159
Distributions from subsidiaries	337,131			—			(337,131		)	—
Net cash used in investing activities	337,131			(190,257		)	(337,131		)	(190,257		)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	85,000			—			—			85,000
Debt issuance costs	—			—			—			—
Payments of debt	(20,000		)	(2,774		)	—			(22,774		)
Early extinguishment of debt	(43,194		)	—			—			(43,194		)
Principal payments on capital leases	—			(23,030		)	—			(23,030		)
Proceeds from exercise of stock options	8,227			—			—			8,227
Purchase of Company common stock	(197,302		)	—			—			(197,302		)
Payments of dividends	(44,795		)	—			—			(44,795		)
Bank overdrafts and other	—			(798		)	—			(798		)
Distributions to parent	—			(337,131		)	337,131			—
Net cash provided by (used in) financing activities	(212,064		)	(363,733		)	337,131			(238,666		)
Effect of foreign currency	—			(1,466		)	—			(1,466		)
Net decrease in cash and cash equivalents	—			(42,277		)	—			(42,277		)
Cash and cash equivalents at beginning of period	—			170,846			—			170,846
Cash and cash equivalents at end of period	$	—		$	128,569		$	—		$	128,569