CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended |
Mar. 31, 2016 |
Mar. 31, 2015 |
| Segment Reporting Information [Line Items] |
|
|
| Total revenues |
$ 63,331
|
$ 63,253
|
| Field costs and expenses: |
|
|
| Total field costs and expenses |
42,028
|
41,044
|
| Depreciation and amortization |
3,336
|
2,802
|
| Regional and unallocated funeral and cemetery costs |
3,049
|
2,525
|
| Gross profit |
21,303
|
22,209
|
| Corporate costs and expenses: |
|
|
| General and administrative costs and expenses |
9,247
|
7,170
|
| Home office depreciation and amortization |
398
|
520
|
| Total corporate costs and expenses |
9,645
|
7,690
|
| Operating income |
11,658
|
14,519
|
| Interest expense |
(2,851)
|
(2,550)
|
| Accretion of discount on convertible subordinated notes |
(927)
|
(827)
|
| Loss on early extinguishment of debt |
(567)
|
0
|
| Other income (loss) |
305
|
(119)
|
| Income before income taxes |
7,618
|
11,023
|
| Provision for income taxes |
(3,047)
|
(4,605)
|
| Net income |
$ 4,571
|
$ 6,418
|
| Basic earnings per common share: |
|
|
| Continuing operations (in dollars per Share) |
$ 0.27
|
$ 0.35
|
| Diluted earnings per common share: |
|
|
| Continuing operations (in dollars per Share) |
0.27
|
0.34
|
| Dividends declared per common share (in dollars per Share) |
$ 0.025
|
$ 0.025
|
| Weighted average number of common and common equivalent shares outstanding: |
|
|
| Basic (in Shares) |
16,459
|
18,208
|
| Diluted (in Shares) |
16,650
|
18,804
|
| Funeral [Member] |
|
|
| Segment Reporting Information [Line Items] |
|
|
| Total revenues |
$ 49,302
|
$ 50,137
|
| Field costs and expenses: |
|
|
| Total field costs and expenses |
27,781
|
28,415
|
| Corporate costs and expenses: |
|
|
| Income before income taxes |
16,729
|
17,798
|
| Cemetery [Member] |
|
|
| Segment Reporting Information [Line Items] |
|
|
| Total revenues |
14,029
|
13,116
|
| Field costs and expenses: |
|
|
| Total field costs and expenses |
7,862
|
7,302
|
| Corporate costs and expenses: |
|
|
| Income before income taxes |
$ 4,249
|
$ 4,046
|