Segment Reporting Level 1 (Notes)

3 Months Ended

Mar. 31, 2023

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,
	2023		2022
	(In thousands)
Revenue from customers:
Funeral revenue:
Atneed revenue	$	313,240	$	353,369
Matured preneed revenue	185,709		194,927
Core funeral revenue	498,949		548,296
Non-funeral home revenue	21,209		20,810
Recognized preneed revenue	46,426		43,122
Other revenue	43,125		36,869
Total funeral revenue	609,709		649,097
Cemetery revenue:
Atneed revenue	110,274		123,389
Recognized preneed property revenue	191,729		221,539
Recognized preneed merchandise and services revenue	86,160		85,000
Core cemetery revenue	388,163		429,928
Other revenue	30,837		33,378
Total cemetery revenue	419,000		463,306
Total revenue from customers	$	1,028,709	$	1,112,403
Gross profit:
Funeral gross profit	$	149,466	$	195,983
Cemetery gross profit	139,628		180,930
Gross profit from reportable segments	289,094		376,913
Corporate general and administrative expenses	(44,160)		(41,704)
Gains on divestitures and impairment charges, net	691		489
Operating income	245,625		335,698
Interest expense	(53,916)		(39,028)
Losses on early extinguishment of debt	(1,060)		—
Other income, net	1,209		128
Income before income taxes	$	191,858	$	296,798

Our geographic area information was as follows:

	United States		Canada		Total
	(In thousands)
Three months ended March 31,
Revenue from external customers:
2023	$	971,509	$	57,200	$	1,028,709
2022	$	1,050,620	$	61,783	$	1,112,403