Segment Reporting (Notes)

6 Months Ended

Jun. 30, 2017

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:
2017	$	458,874	$	314,368	$	773,242
2016	$	467,104	$	284,292	$	751,396
Operating profit:
2017	$	92,077	$	91,368	$	183,445
2016	$	89,432	$	72,557	$	161,989
Six Months Ended June 30,
Revenue from external customers:
2017	$	957,638	$	593,314	$	1,550,952
2016	$	959,293	$	541,322	$	1,500,615
Operating profit:
2017	$	204,684	$	155,926	$	360,610
2016	$	196,643	$	128,269	$	324,912

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2016			2017			2016
Operating profit from reportable segments	$	183,445		$	161,989		$	360,610		$	324,912
General and administrative expenses	(40,590		)	(36,849		)	(83,094		)	(75,753		)
Gains (losses) on divestitures and impairment charges, net	753			(30,641		)	5,688			(30,988		)
Operating income	143,608			94,499			283,204			218,171
Interest expense	(42,083		)	(39,398		)	(82,719		)	(82,480		)
Loss on early extinguishment of debt	—			(21,898		)	—			(22,479		)
Other expense, net	(7		)	(564		)	(441		)	(806		)
Income before income taxes	$	101,518		$	32,639		$	200,044		$	112,406

Our geographic area information is as follows:

	United States		Canada		Total
			(In thousands)
Three months ended June 30,
Revenue from external customers:
2017	$	728,370	$	44,872	$	773,242
2016	$	707,434	$	43,962	$	751,396
Six Months Ended June 30,
Revenue from external customers:
2017	$	1,455,610	$	95,342	$	1,550,952
2016	$	1,416,322	$	84,293	$	1,500,615