Segment Reporting Level 1 (Notes)

6 Months Ended

Jun. 30, 2022

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 June 30,				Six months ended June 30,
	2022		2021		2022		2021
	(In thousands)
Revenue from customers:
Funeral revenue:
Atneed revenue	$	285,991	$	282,333	$	639,360	$	620,403
Matured preneed revenue	165,768		159,452		360,695		349,641
Core funeral revenue	451,759		441,785		1,000,055		970,044
Non-funeral home revenue	17,734		16,882		38,544		36,611
Recognized preneed revenue	42,570		33,113		85,692		74,862
Other revenue	36,749		39,923		73,618		69,624
Total funeral revenue	548,812		531,703		1,197,909		1,151,141
Cemetery revenue:
Atneed revenue	109,404		109,030		232,793		233,651
Recognized preneed property revenue	218,028		222,866		439,567		441,140
Recognized preneed merchandise and services revenue	84,828		87,718		169,828		173,536
Core cemetery revenue	412,260		419,614		842,188		848,327
Other revenue	29,783		36,218		63,161		66,048
Total cemetery revenue	442,043		455,832		905,349		914,375
Total revenue from customers	$	990,855	$	987,535	$	2,103,258	$	2,065,516
Gross profit:
Funeral gross profit	$	116,629	$	111,813	$	312,612	$	306,199
Cemetery gross profit	150,016		161,511		330,946		349,568
Gross profit from reportable segments	266,645		273,324		643,558		655,767
Corporate general and administrative expenses	(45,721)		(33,649)		(87,425)		(75,318)
Gains on divestitures and impairment charges, net	294		6,162		783		7,428
Operating income	221,218		245,837		556,916		587,877
Interest expense	(40,571)		(37,435)		(79,599)		(73,247)
Losses on early extinguishment of debt, net	(1,225)		(5,226)		(1,225)		(5,226)
Other (expense) income, net	(1,103)		655		(975)		996
Income before income taxes	$	178,319	$	203,831	$	475,117	$	510,400

Our geographic area information was as follows:

	United States		Canada		Total
	(In thousands)
Three months ended June 30,
Revenue from external customers:
2022	$	931,617	$	59,238	$	990,855
2021	$	933,644	$	53,891	$	987,535
Six months ended June 30,
Revenue from external customers:
2022	$	1,982,237	$	121,021	$	2,103,258
2021	$	1,953,614	$	111,902	$	2,065,516