CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 731 $ 1,377
Accounts receivable, net of allowance for bad debts of $847 in 2013 and $1,015 in 2014 18,252 17,950
Assets held for sale 1,354 3,544
Inventories 5,345 5,300
Prepaid expenses 3,345 4,421
Other current assets 3,130 3,525
Total current assets 32,157 36,117
Preneed cemetery trust investments 75,646 68,341
Preneed funeral trust investments 100,347 97,144
Preneed receivables, net of allowance for bad debts of $1,825 in 2013 and $1,938 in 2014 26,439 24,521
Receivables from preneed trusts 11,780 11,166
Property, plant and equipment, net of accumulated depreciation of $88,627 in 2013 and $91,795 in 2014 176,283 160,690
Cemetery property 75,459 72,911
Goodwill 253,573 221,087
Deferred charges and other non-current assets 18,657 12,280
Cemetery perpetual care trust investments 52,812 42,342
Total assets 823,153 746,599
Current liabilities:    
Current portion of long-term debt and capital lease obligations 9,908 13,424
Accounts payable 6,162 7,046
Other liabilities 9,329 9,939
Accrued liabilities 13,301 12,854
Liabilities associated with assets held for sale 360 4,357
Total current liabilities 39,060 47,620
Long-term debt, net of current portion 116,699 105,642
Revolving credit facility 42,400 36,900
Convertible junior subordinated debentures due in 2029 to an affiliate 0 89,770
Convertible subordinated notes due 2021 112,955 0
Obligations under capital leases, net of current portion 3,201 3,786
Deferred preneed cemetery revenue 57,394 55,479
Deferred preneed funeral revenue 30,597 30,588
Deferred tax liability 21,890 11,915
Other long-term liabilities 1,220 1,548
Deferred preneed cemetery receipts held in trust 75,646 68,341
Deferred preneed funeral receipts held in trust 100,347 97,144
Care trusts’ corpus 52,304 41,893
Total liabilities 653,713 590,626
Commitments and contingencies      
Stockholders’ equity:    
Common stock, $.01 par value; 80,000,000 shares authorized; 22,183,000 and 22,427,000 shares issued at December 31, 2013 and June 30, 2014, respectively 224 222
Additional paid-in capital 212,325 204,324
Accumulated deficit (27,842) (33,306)
Treasury stock, at cost; 3,922,000 shares at December 31, 2013 and June 30, 2014 (15,267) (15,267)
Total stockholders’ equity 169,440 155,973
Total liabilities and stockholders’ equity $ 823,153 $ 746,599