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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 6,679$ 5,932
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization7,2097,455
Amortization of deferred financing costs534545
Gain on repurchase of convertible junior subordinated debentures(846)(316)
Loss on early extinguishment of debt201 
Provision for losses on accounts receivable2,3602,813
Stock-based compensation expense1,5581,396
Deferred income taxes(3,642)500
Other(37)(149)
Changes in operating assets and liabilities that provided (required) cash:  
Accounts and preneed receivables250(2,252)
Inventories and other current assets(775)2,015
Deferred charges and other(38) 
Preneed funeral and cemetery trust investments3,604(987)
Accounts payable and accrued liabilities3,321(1,799)
Deferred preneed funeral and cemetery revenue8,708316
Deferred preneed funeral and cemetery receipts held in trust(3,816)1,080
Net cash provided by operating activities25,27016,549
Cash flows from investing activities:  
Acquisitions(10,300)(16,792)
Net proceeds from the sale of assets 400
Capital expenditures(7,774)(6,892)
Net cash used in investing activities(18,074)(23,284)
Cash flows from financing activities:  
Borrowings under (payments on) the bank credit facility(600)5,000
Payments on senior long-term debt and obligations under capital leases(436)(346)
Proceeds from the exercise of stock options and employee stock purchase plan325441
Dividends on common stock(920) 
Dividends on redeemable preferred stock(12)(11)
Repurchase of convertible junior subordinated debentures(2,241)(576)
Payment of loan origination fees(333) 
Other financing costs6(43)
Net cash provided by (used in) financing activities(4,211)4,465
Net (decrease) increase in cash and cash equivalents2,985(2,270)
Cash and cash equivalents at beginning of period1,2793,616
Cash and cash equivalents at end of period$ 4,264$ 1,346