Segment Reporting (Notes)

9 Months Ended

Sep. 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						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
	(In thousands)
Revenue from customers:
Funeral revenue:
Atneed revenue	$	236,178		$	236,021		$	740,326		$	753,378
Matured preneed revenue	144,388			138,754			449,422			450,081
Core funeral revenue	380,566			374,775			1,189,748			1,203,459
Non-funeral home revenue	12,592			11,534			38,686			37,249
Recognized preneed revenue	33,561			32,129			104,614			98,508
Other revenue	33,404			32,518			98,847			94,753
Total funeral revenue	460,123			450,956			1,431,895			1,433,969
Cemetery revenue:
Atneed revenue	79,928			76,983			243,665			240,967
Recognized preneed property revenue	129,364			151,269			409,851			403,375
Recognized preneed merchandise and service revenue	72,225			68,967			212,834			210,460
Core revenue	281,517			297,219			866,350			854,802
Other revenue	27,601			30,611			81,780			80,589
Total cemetery revenue	309,118			327,830			948,130			935,391
Total revenue from customers	$	769,241		$	778,786		$	2,380,025		$	2,369,360
Operating profit:
Funeral operating profit	$	74,354		$	68,145		$	270,362		$	279,021
Cemetery operating profit	85,378			98,025			272,350			271,038
Operating profit from reportable segments	159,732			166,170			542,712			550,059
General and administrative expenses	(29,406		)	(41,070		)	(101,306		)	(106,990		)
(Losses) gains on divestitures and impairment charges, net	(1,479		)	7,970			(15,180		)	15,317
Hurricane expenses, net	(262		)	(767		)	(558		)	(437		)
Operating income	128,585			132,303			425,668			457,949
Interest expense	(46,678		)	(46,419		)	(141,385		)	(134,514		)
Losses on early extinguishment of debt, net	(9,058		)	—			(16,637		)	(10,131		)
Other income, net	20			152			1,614			2,416
Income before income taxes	$	72,869		$	86,036		$	269,260		$	315,720

Our geographic area information is as follows:

	United States		Canada	Total
			(In thousands)
Three Months Ended September 30,
Revenue from external customers:
2019	$	726,702	42,539	$	769,241
2018	$	731,147	47,639	$	778,786
Nine Months Ended September 30,
Revenue from external customers:
2019	$	2,248,176	131,849	$	2,380,025
2018	$	2,225,705	143,655	$	2,369,360