CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 674 $ 644
Accounts receivable, net 17,732 18,897
Inventories 6,815 6,751
Prepaid and other current assets 2,063 3,011
Total current assets 27,284 29,303
Preneed cemetery trust investments 67,742 62,432
Preneed funeral trust investments 87,013 82,074
Preneed receivables, net 18,610 18,441
Receivables from preneed trusts 17,058 17,073
Property, plant and equipment, net 259,594 260,838
Cemetery property, net 75,156 74,958
Goodwill 303,887 303,887
Intangible and other non-current assets, net 24,311 24,425
Operating lease right-of-use assets 15,887 0
Cemetery perpetual care trust investments 47,970 44,071
Total assets 944,512 917,502
Current liabilities:    
Current portion of long-term debt 2,083 2,015
Current portion of finance lease obligations 299 312
Current portion of operating lease obligations 2,653 0
Accounts payable 7,093 9,987
Accrued and other liabilities 21,352 22,644
Total current liabilities 33,480 34,958
Long-term debt, net of current portion 6,470 6,925
Long-term Line of Credit 20,099 26,145
Convertible subordinated notes due 2021 5,796 5,732
Senior notes due 2026 319,261 319,108
Obligations under finance leases, net of current portion 6,073 6,143
Obligations under operating leases, net of current portion 13,990 0
Deferred preneed cemetery revenue 46,151 45,997
Deferred preneed funeral revenue 28,569 28,606
Deferred tax liability 32,254 31,263
Other long-term liabilities 1,771 3,133
Deferred preneed cemetery receipts held in trust 67,742 62,432
Deferred preneed funeral receipts held in trust 87,013 82,074
Care trusts’ corpus 47,734 43,494
Total liabilities 716,403 696,010
Commitments and contingencies
Stockholders’ equity:    
Common stock, $.01 par value; 80,000,000 shares authorized and 25,703,490 and 25,828,405 shares issued at December 31, 2018 and March 31, 2019, respectively 258 257
Additional paid-in capital 243,940 243,849
Retained earnings 78,205 71,680
Treasury stock, at cost; 7,625,339 shares at December 31, 2018 and March 31, 2019 (94,294) (94,294)
Total stockholders’ equity 228,109 221,492
Total liabilities and stockholders’ equity $ 944,512 $ 917,502