Segment Reporting (Notes)

9 Months Ended

Sep. 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 September 30,
Revenue from external customers:
2016	$	445,462	$	276,005	$	721,467
2015	$	449,300	$	265,153	$	714,453
Gross profit:
2016	$	75,576	$	65,169	$	140,745
2015	$	77,734	$	63,945	$	141,679
Nine months ended September 30,
Revenue from external customers:
2016	$	1,404,623	$	817,460	$	2,222,083
2015	$	1,428,469	$	788,292	$	2,216,761
Gross profit:
2016	$	273,938	$	191,720	$	465,658
2015	$	299,769	$	187,018	$	486,787

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

		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2016			2015			2016			2015
	(In thousands)
Gross profit from reportable segments		$	140,745		$	141,679		$	465,658		$	486,787
General and administrative expenses		(26,916		)	(27,895		)	(102,668		)	(96,947		)
Gains (losses) on divestitures and impairment charges, net		557			10,764			(30,432		)	3,403
Operating income		114,386			124,548			332,558			393,243
Interest expense		(39,508		)	(43,921		)	(121,988		)	(129,842		)
Loss on early extinguishment of debt		(25		)	(6,918		)	(22,503		)	(6,918		)
Other income (expense), net		110			336			(697		)	169
Income before income taxes		$	74,963		$	74,045		$	187,370		$	256,652

Our geographic area information is as follows:

	United States		Canada		Total
			(In thousands)
Three months ended September 30,
Revenue from external customers:
2016	$	681,769	$	39,698	$	721,467
2015	$	671,785	$	42,668	$	714,453
Nine months ended September 30,
Revenue from external customers:
2016	$	2,098,091	$	123,992	$	2,222,083
2015	$	2,077,143	$	139,618	$	2,216,761