Acquisitions and Divestiture-Related Activities (Notes)

6 Months Ended

Jun. 30, 2018

Divestiture-Related Activities [Abstract]

Acquisition Divestiture Related Activity

Divestiture-Related Activities

Acquisitions

In June 2018, we acquired fifteen funeral homes and seven cemeteries in four states (the “acquired businesses”) for $82.2 million in cash. Additionally, we paid $49.8 million of the acquired businesses existing debt in conjunction with the closing of the acquisition. The purchase accounting is preliminary as we have not finalized our assessment of the fair value as there has been insufficient time between the acquisition date and the issuance of these financial statements to complete our review and final determination of fair value.

Divestiture-Related Activities

As divestitures occur in the normal course of business, gains or losses on the sale of such assets are recognized in the income statement line item Gains on divestitures and impairment charges, net, which consist of the following:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2018		2017			2018			2017
	(In thousands)
Gains on divestitures, net	$	6,865	$	5,922		$	8,141		$	22,673
Impairment losses	—		(5,169		)	(794		)	(16,985		)
Gains on divestitures and impairment charges, net	$	6,865	$	753		$	7,347		$	5,688