Income Taxes Level 3 (Tables)

12 Months Ended

Dec. 31, 2016

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:

	2016		2015		2014
	(In thousands)
United States	$	287,946	$	331,622	$	360,800
Foreign	38,712		38,729		41,800
	$	326,658	$	370,351	$	402,600

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:

	2016			2015			2014
	(In thousands)
Current:
United States	$	113,629		$	94,502		$	67,511
Foreign	12,084			9,270			10,859
State	16,150			13,207			17,939
Total current income taxes	141,863			116,979			96,309
Deferred:
United States	$	(19,496	)	$	15,918		$	108,514
Foreign	22,708			(878		)	(653		)
State	4,278			3,008			21,810
Total deferred income taxes	7,490			18,048			129,671
Total income taxes	$	149,353		$	135,027		$	225,980

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:

	2016			2015			2014
	(In thousands)
Computed tax provision at the applicable federal statutory income tax rate	$	114,331		$	129,623		$	140,910
State and local taxes, net of federal income tax benefits	13,279			10,542			25,736
Foreign jurisdiction differences	(2,557		)	(5,183		)	(4,424		)
Permanent differences associated with divestitures	9,267			2,909			61,892
Changes in uncertain tax positions	5,669			4,046			4,624
Foreign valuation allowance, net of federal income tax benefits	15,850			—			—
Other	(6,486		)	(6,910		)	(2,758		)
Provision for income taxes	$	149,353		$	135,027		$	225,980
Total consolidated effective tax rate	45.7		%	36.5		%	56.1		%

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

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

	2016			2015
	(In thousands)
Inventories and cemetery property	$	(335,795	)	$	(338,143	)
Property and equipment	(149,450		)	(168,265		)
Intangibles	(294,251		)	(302,217		)
Other	(6,980		)	(12,047		)
Deferred tax liabilities	(786,476		)	(820,672		)
Loss and tax credit carryforwards	157,795			171,725
Deferred revenue on preneed funeral and cemetery contracts	223,174			226,483
Accrued liabilities	84,230			102,351
Deferred tax assets	465,199			500,559
Less: Valuation allowance	(132,500		)	(126,654		)
Net deferred income tax liability	$	(453,777	)	$	(446,767	)

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:

	2016			2015
	(In thousands)
Non-current deferred tax assets	$	861		$	23,817
Non-current deferred tax liabilities	(454,638		)	(470,584		)
Net deferred income tax liability	$	(453,777	)	$	(446,767	)

Summary of Income Tax Contingencies [Table Text Block]

The following table summarizes the activity related to our gross unrecognized tax benefits from January 1, 2014 to December 31, 2016 (in thousands):

	Federal, State and Foreign Tax
	(In thousands)
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
Reduction to tax positions related to prior years	(12,370		)
Balance at December 31, 2015	$	182,545
Reductions to tax positions related to prior years	(4,219		)
Balance at December 31, 2016	$	178,326

Summary of Operating Loss Carryforwards [Table Text Block]

Such loss carryforwards will expire as follows:

	Federal		State		Foreign		Total
	(In thousands)
2017	$	—	$	241,619	$	—	$	241,619
2018	—		111,084		—		111,084
2019	—		143,491		—		143,491
2020	200		183,071		—		183,271
Thereafter	1,900		3,111,526		6,632		3,120,058
Total	$	2,100	$	3,790,791	$	6,632	$	3,799,523

Summary of Valuation Allowance [Table Text Block]

At December 31, 2016, our loss and tax credit carryforward 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 carryforwards	$	914	$	136,462	$	20,419	$	157,795
Valuation allowance	$	—	$	101,417	$	31,083	$	132,500