Segment Reporting (Notes)

6 Months Ended

Jun. 30, 2019

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, including disaggregated revenue, information is as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018
	(In thousands)
Revenue from customers:
Funeral revenue:
Atneed revenue	$	245,418		$	243,013		$	504,148		$	517,512
Matured preneed revenue	148,584			146,045			305,034			311,374
Core funeral revenue	394,002			389,058			809,182			828,886
Non-funeral home revenue	13,121			11,836			26,094			25,513
Recognized preneed revenue	39,728			33,919			71,053			66,379
Other revenue	32,127			33,835			65,443			62,235
Total funeral revenue	478,978			468,648			971,772			983,013
Cemetery revenue:
Atneed revenue	82,286			80,941			163,737			163,985
Recognized preneed property revenue	151,875			143,166			280,487			252,106
Recognized preneed merchandise and service revenue	73,570			73,130			140,609			141,493
Core revenue	307,731			297,237			584,833			557,584
Other revenue	25,863			30,207			54,179			49,977
Total cemetery revenue	333,594			327,444			639,012			607,561
Total revenue from customers	$	812,572		$	796,092		$	1,610,784		$	1,590,574
Operating profit:
Funeral operating profit	$	90,590		$	90,421		$	196,008		$	210,876
Cemetery operating profit	100,556			97,706			186,972			173,013
Operating profit from reportable segments	191,146			188,127			382,980			383,889
General and administrative expenses	(29,370		)	(31,136		)	(71,900		)	(65,920		)
(Losses) gains on divestitures and impairment charges, net	(11,823		)	6,865			(13,701		)	7,347
Hurricane recoveries (expenses), net	152			(1,902		)	(296		)	330
Operating income	150,105			161,954			297,083			325,646
Interest expense	(47,317		)	(44,519		)	(94,707		)	(88,095		)
Loss on early extinguishment of debt, net	(7,579		)	—			(7,579		)	(10,131		)
Other income, net	874			1,880			1,594			2,264
Income before income taxes	$	96,083		$	119,315		$	196,391		$	229,684

Our geographic area information is as follows:

	United States		Canada		Total
			(In thousands)
Three Months Ended June 30,
Revenue from external customers:
2019	$	767,394	$	45,178	$	812,572
2018	$	750,445	$	45,647	$	796,092
Six Months Ended June 30,
Revenue from external customers:
2019	$	1,521,474	$	89,310	$	1,610,784
2018	$	1,494,558	$	96,016	$	1,590,574