Income Taxes Level 3 (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income from continuing operations before income taxes for the years ended December 31 was composed of the following components:

	2015		2014		2013
	(In thousands)
United States	$	331,622	$	360,800	$	199,374
Foreign	38,729		41,800		45,832
	$	370,351	$	402,600	$	245,206

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax provision (benefit) for the years ended December 31 consisted of the following:

	2015			2014			2013
	(In thousands)
Current:
United States	$	94,502		$	67,511		$	2,207
Foreign	9,270			10,859			12,445
State	13,207			17,939			6,664
Total current income taxes	116,979			96,309			21,316
Deferred:
United States	$	15,918		$	108,514		$	64,355
Foreign	(878		)	(653		)	58
State	3,008			21,810			7,295
Total deferred income taxes	18,048			129,671			71,708
Total income taxes	$	135,027		$	225,980		$	93,024

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The differences between the U.S. federal statutory income tax rate and our effective tax rate for the years ended December 31 were as follows:

	2015			2014			2013
	(In thousands)
Computed tax provision at the applicable federal statutory income tax rate	$	129,623		$	140,910		$	86,002
State and local taxes, net of federal income tax benefits	10,542			25,736			8,221
Dividends received deduction and tax exempt interest	(444		)	(1,612		)	(592		)
Foreign jurisdiction differences	(5,183		)	(4,424		)	(3,685		)
Permanent differences associated with dispositions	2,909			61,892			268
Changes in uncertain tax positions	4,046			4,624			3,710
Other	(6,466		)	(1,146		)	(900		)
Provision for income taxes	$	135,027		$	225,980		$	93,024
Total effective tax rate	36.5		%	56.1		%	37.9		%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences and carry-forwards that give rise to significant portions of deferred tax assets and liabilities as of December 31 consisted of the following:

	2015			2014
	(In thousands)
Inventories and cemetery property	$	(338,143	)	$	(338,446	)
Property and equipment	(168,265		)	(183,332		)
Intangibles	(302,217		)	(309,271		)
Other	(12,047		)	(6,870		)
Deferred tax liabilities	(820,672		)	(837,919		)
Loss and tax credit carry-forwards	171,725			181,092
Deferred revenue on preneed funeral and cemetery contracts	226,483			262,202
Accrued liabilities	102,351			99,908
Deferred tax assets	500,559			543,202
Less: Valuation allowance	(126,654		)	(134,201		)
Net deferred income tax liability	$	(446,767	)	$	(428,918	)

Schedule of Deferred Taxes Classification [Table Text Block]

Deferred tax assets and Deferred income tax liabilities are recognized in our Consolidated Balance Sheet at December 31 as follows:

	2015			2014
	(In thousands)
Current deferred tax assets	$	—		$	1,128
Non-current deferred tax assets	23,817			18,778
Non-current deferred tax liabilities	(470,584		)	(448,824		)
Net deferred income tax liability	$	(446,767	)	$	(428,918	)

Summary of Income Tax Contingencies [Table Text Block]

The following table summarizes the activity related to our gross unrecognized tax benefits from January 1, 2013 to December 31, 2015 (in thousands):

	Federal, State and Foreign Tax
	(In thousands)
Balance at December 31, 2012	$	184,899
Reductions to tax positions related to the current year	3,019
Additions to tax positions related to the acquisition of Stewart, offset to goodwill	1,556
Reductions to tax positions related to prior years	(8,800		)
Statute expirations	(2,844		)
Balance at December 31, 2013	$	177,830
Additions to tax positions related to the current year	8,721
Additions to tax positions related to prior years	10,085
Reductions to tax positions related to the current year	(1,075		)
Reductions to tax positions related to prior years	(2,325		)
Reductions to tax positions related to the acquisition of Stewart, offset to goodwill	(1,556		)
Balance at December 31, 2014	$	191,680
Additions to tax positions related to the current year	3,235
Reductions to tax positions related to prior years	(12,370		)
Balance at December 31, 2015	$	182,545

Summary of Operating Loss Carryforwards [Table Text Block]

Such loss carry-forwards will expire as follows:

	State		Foreign		Total
	(In thousands)
2016	$	156,434	$	—	$	156,434
2017	247,348		—		247,348
2018	102,661		—		102,661
2019	137,636		—		137,636
Thereafter	2,587,522		3,824		2,591,346
Total	$	3,231,601	$	3,824	$	3,235,425

Summary of Valuation Allowance [Table Text Block]

At December 31, 2015, our loss and tax credit carry-forward deferred tax assets and related valuation allowances by jurisdiction are as follows (presented net of federal benefit):

	Federal		State		Foreign		Total
			(In thousands)
Loss and tax credit carry-forwards	$	179	$	151,463	$	20,083	$	171,725
Valuation allowance	$	—	$	110,955	$	15,699	$	126,654