Income Taxes Level 3 (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income before income taxes was composed of the following components:

	Years Ended December 31,
	2018		2017		2016
	(In thousands)
United States	$	399,123	$	347,680	$	287,946
Foreign	42,609		52,578		38,712
	$	441,732	$	400,258	$	326,658

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income tax (benefit) provision consisted of the following:

	Years Ended December 31,
	2018			2017			2016
	(In thousands)
Current:
United States	$	18,138		$	154,128		$	113,629
Foreign	10,541			12,187			12,084
State	6,974			4,934			16,150
Total current income taxes	35,653			171,249			141,863
Deferred:
United States	$	(48,565	)	$	(314,389	)	$	(19,496	)
Foreign	386			618			22,708
State	6,700			(4,067		)	4,278
Total deferred income taxes	(41,479		)	(317,838		)	7,490
Total income taxes	$	(5,826	)	$	(146,589	)	$	149,353

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 were as follows:

	Years Ended December 31,
	2018			2017			2016
	(In thousands)
Computed tax provision at the applicable federal statutory income tax rate	$	92,764		$	140,090		$	114,331
State and local taxes, net of federal income tax benefits	10,146			8,216			13,279
Foreign jurisdiction differences	2,377			(6,782		)	(2,557		)
Permanent differences associated with divestitures	790			1,925			9,267
Changes in uncertain tax positions and audit settlements	(88,687		)	(105,821		)	5,669
Foreign valuation allowance, net of federal income tax benefits	(431		)	1,186			15,850
Enactment of U.S. Tax Act	(16,105		)	(146,160		)	—
Excess tax benefit from share-based compensation	(11,159		)	(18,521		)	—
Other	4,479			(20,722		)	(6,486		)
(Benefit from) provision for income taxes	$	(5,826	)	$	(146,589	)	$	149,353
Total consolidated effective tax rate	(1.3		)%	(36.6		)%	45.7		%

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 consisted of the following:

	Years Ended December 31,
	2018			2017
	(In thousands)
Inventories and cemetery property	$	(220,537	)	$	(222,431	)
Deferred incremental direct selling costs	(73,696		)	—
Property and equipment	(122,281		)	(109,631		)
Intangibles	(197,815		)	(194,159		)
Other	—			(4,902		)
Deferred tax liabilities	(614,329		)	(531,123		)
Loss and tax credit carryforwards	153,688			170,979
Deferred revenue on preneed funeral and cemetery contracts	113,970			155,679
Accrued liabilities	63,558			62,727
Other	90			—
Deferred tax assets	331,306			389,385
Less: valuation allowance	(120,931		)	(141,154		)
Net deferred income tax liability	$	(403,954	)	$	(282,892	)

Schedule of Deferred Taxes Classification [Table Text Block]

Deferred tax assets and deferred income tax liabilities are recognized in our Consolidated Balance Sheet as follows:

	Years Ended December 31,
	2018			2017
	(In thousands)
Non-current deferred tax assets	$	673		$	873
Non-current deferred tax liabilities	(404,627		)	(283,765		)
Net deferred income tax liability	$	(403,954	)	$	(282,892	)

Summary of Income Tax Contingencies [Table Text Block]

The following table summarizes the activity related to our gross unrecognized tax benefits from January 1, 2016 to December 31, 2018 (in thousands):

	Federal, State, and Foreign Tax
	(In thousands)
Balance at December 31, 2015	$	182,545
Reductions to tax positions related to prior years	(4,219		)
Balance at December 31, 2016	$	178,326
Reductions to tax positions as a result of audit settlement	(30,333		)
Reductions to tax positions related to prior years	(68,538		)
Balance at December 31, 2017	$	79,455
Additions to tax positions related to prior years	1,348
Reduction to tax positions due to expiration of statutes of limitations	(79,455		)
Balance at December 31, 2018	$	1,348

Summary of Operating Loss Carryforwards [Table Text Block]

Such loss carryforwards will expire as follows:

	Federal		State		Foreign		Total
	(In thousands)
2019	$	—	$	119,956	$	—	$	119,956
2020	—		174,507		—		174,507
2021	—		152,788		—		152,788
2022	—		80,831		—		80,831
Thereafter	3,652		2,152,860		11,329		2,167,841
Total	$	3,652	$	2,680,942	$	11,329	$	2,695,923

Summary of Valuation Allowance [Table Text Block]

At December 31, 2018, 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	$	767	$	146,275	$	6,646	$	153,688
Valuation allowance	$	—	$	100,625	$	20,306	$	120,931