Segment Reporting Level 1 (Notes)

3 Months Ended

Mar. 31, 2021

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 information, including disaggregated revenue, was as follows and includes a reconciliation of gross profit to our consolidated income before income taxes.

		Three months ended March 31,
		2021		2020
	(In thousands)
Revenue from customers:
Funeral revenue:
Atneed revenue		$	338,070	$	264,788
Matured preneed revenue		190,189		163,583
Core funeral revenue		528,259		428,371
Non-funeral home revenue		19,729		14,451
Recognized preneed revenue		41,749		32,800
Other revenue		29,701		29,274
Total funeral revenue		619,438		504,896
Cemetery revenue:
Atneed revenue		124,621		85,043
Recognized preneed property revenue		218,274		116,082
Recognized preneed merchandise and services revenue		85,818		68,664
Core cemetery revenue		428,713		269,789
Other revenue		29,830		28,280
Total cemetery revenue		458,543		298,069
Total revenue from customers		$	1,077,981	$	802,965
Gross profit:
Funeral gross profit		$	190,745	$	103,576
Cemetery gross profit		186,762		75,468
Gross profit from reportable segments		377,507		179,044
Corporate general and administrative expenses		(36,733)		(31,813)
Gains on divestitures and impairment charges, net		1,266		4,545
Operating income		342,040		151,776
Interest expense		(35,812)		(44,351)
Losses on early extinguishment of debt, net		—		(139)
Other income (expense), net		341		(1,247)
Income before income taxes		$	306,569	$	106,039

Our geographic area information was as follows:

	United States		Canada		Total
	(In thousands)
Three months ended March 31,
Revenue from external customers:
2021	$	1,019,970	$	58,011	$	1,077,981
2020	$	759,272	$	43,693	$	802,965