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Consolidated Statement of Cash Flows
$ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Statement of Cash Flows [Abstract]      
Net income $ 516,137 $ 369,771 $ 447,558
Adjustments to reconcile net income to net cash provided by operating activities:      
Losses on early extinguishment of debt, net 18,428 16,637 10,131
Depreciation and amortization 155,299 151,000 153,650
Amortization of intangibles 22,444 25,649 26,195
Amortization of cemetery property 80,403 70,330 68,640
Amortization of loan costs 5,483 5,681 6,059
Provision for expected credit losses 13,558 9,146 8,372
Provision for (benefits from) deferred income taxes 7,884 23,030 (41,479)
Gain (Loss) on Disposition of Assets (7,009) (32,919) (15,933)
Gain (Loss) on Sale of Investments 0 0 (2,636)
Share-based compensation 14,103 15,029 15,626
Change in assets and liabilities, net of effects from acquisitions and divestitures:      
Increase (Decrease) in Other Operating Assets (35,739) (23,018) (4,814)
Increase (Decrease) in Other Operating Liabilities 122,478 1,788 (16,699)
Increase (Decrease) in Accounts and Other Receivables (14,518) (12,711) 8,052
Effect of preneed funeral production and maturities:      
Increase in preneed receivables, net and trust investments (158,797) (16,144) (55,607)
Increase in deferred revenue, net (61,807) (67,792) (28,005)
Increase (decrease) in deferred receipts held in trust (2,390) 42,306 19,290
Net cash provided by operating activities 804,351 628,755 615,830
Cash flows from investing activities:      
Capital expenditures (222,211) (239,957) (235,545)
Payments to Acquire Businesses, Net of Cash Acquired (64,164) (55,644) (176,252)
Payments for (Proceeds from) Deposits on Real Estate Acquisitions (52,079) (51,373) (18,572)
Proceeds from divestitures and sales of property and equipment 21,916 77,074 37,309
Proceeds from Sale, Maturity and Collection of Investments 0 0 2,900
Payments for (Proceeds from) Other Investing Activities 0 0 (14,525)
Payment to Acquire Life Insurance Policy, Investing Activities (5,352) (9,026) (14,760)
Proceeds from Life Insurance Policy 3,519 415 4,824
Net cash used in investing activities (318,371) (278,511) (414,621)
Cash flows from financing activities      
Proceeds from issuance of long-term debt 1,585,000 1,149,263 396,349
Debt issuance costs (14,503) (15,539) 0
Scheduled payments of debt (34,489) (25,471) (34,134)
Repayments of Other Long-term Debt (1,371,856) (1,164,978) (259,590)
Principal payments on finance leases (43,598) (42,627) (39,686)
Proceeds from exercise of stock options 26,671 40,922 24,517
Purchase of Company common stock (516,870) (129,589) (277,611)
Payments of dividends (137,392) (131,402) (123,849)
PaymentsToAcquireBusinessesIncludiing1031ExchangeFunds 116,200 107,000  
Bank overdrafts and other 14,259 328 (15,177)
Net cash (used in) provided by financing activities (492,778) (319,093) (329,181)
Effect of foreign currency 2,788 3,885 (5,045)
Net (decrease) increase in cash, cash equivalents, and restricted cash (4,010) 35,036 (133,017)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 238,610 242,620 207,584
Proceeds from Sale, Maturity and Collection of Investments $ 0 $ 0 $ 2,900