Segment Reporting (Notes)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Segment Reporting

Our operations are both product-based and geographically-based, and the reportable operating segments presented below include our funeral and cemetery operations. Our geographic areas include the United States and Canada, where we conduct both funeral and cemetery operations.

Our reportable segment information is as follows:

	Funeral		Cemetery		Reportable Segments
	(In thousands)
Three months ended June 30,
Revenue from external customers:
2016	$	467,092	$	284,618	$	751,710
2015	$	471,520	$	282,834	$	754,354
Gross profit:
2016	$	87,999	$	73,372	$	161,371
2015	$	94,260	$	71,997	$	166,257
Six months ended June 30,
Revenue from external customers:
2016	$	959,201	$	541,780	$	1,500,981
2015	$	979,207	$	523,264	$	1,502,471
Gross profit:
2016	$	194,980	$	127,887	$	322,867
2015	$	221,197	$	122,504	$	343,701

The following table reconciles gross profit from reportable segments to our consolidated income before income taxes:

		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2016			2015			2016			2015
	(In thousands)
Gross profit from reportable segments		$	161,371		$	166,257		$	322,867		$	343,701
General and administrative expenses		(36,260		)	(33,095		)	(73,768		)	(67,645		)
Losses on divestitures and impairment charges, net		(30,641		)	(5,582		)	(30,988		)	(7,361		)
Operating income		94,470			127,580			218,111			268,695
Interest expense		(39,398		)	(42,982		)	(82,480		)	(85,921		)
Loss on early extinguishment of debt		(21,898		)	—			(22,479		)	—
Other expense, net		(535		)	(109		)	(746		)	(167		)
Income before income taxes		$	32,639		$	84,489		$	112,406		$	182,607

Our geographic area information is as follows:

	United States		Canada		Total
			(In thousands)
Three months ended June 30,
Revenue from external customers:
2016	$	707,750	$	43,960	$	751,710
2015	$	705,074	$	49,280	$	754,354
Six months ended June 30,
Revenue from external customers:
2016	$	1,416,688	$	84,293	$	1,500,981
2015	$	1,405,526	$	96,945	$	1,502,471