Acquisition Level 1 (Notes)

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

Acquisitions

We spent $41.3 million and $15.3 million for several smaller, tuck-in acquisitions for the years ended December 31, 2015 and 2014, respectively.

Stewart

On December 23, 2013, pursuant to a tender offer, we acquired Stewart Enterprises, Inc. (Stewart) for $13.25 per share in cash, resulting in a purchase price of $1.5 billion, which includes the assumption of $331.5 million of Stewart’s debt.

Included in our results of operations for the twelve months ended December 31, 2013 is revenue of $11.4 million and net income of $0.8 million for the period from the acquisition date (December 23, 2013) through December 31, 2013. The following unaudited pro forma summary presents financial information as if the acquisition had occurred on January 1, 2013 (in thousands):

Revenue	$	2,919,278
Net income	$	203,916

SCI Direct

During 2013, we acquired an additional 20% of the outstanding shares of The Neptune Society Inc. (Neptune) increasing our ownership from 70% to 90%. During 2014, we acquired the remaining 10% of the outstanding shares. Neptune is the nation's largest direct cremation organization with a network of 30 locations in nine states at the time of our original acquisition. Neptune operates under the brand names Neptune Society^TM, National Cremation Society®, and Trident Society^TM. This acquisition expanded our footprint into a sector of the market that will continue to grow and that was not targeted through our traditional funeral service and cemetery network.