SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2016

SEGMENT INFORMATION

18. SEGMENT INFORMATION

The Partnership’s operations include two reportable operating segments, Cemetery Operations and Funeral Homes. These operating segments reflect the way the Partnership manages its operations and makes business decisions as of June 30, 2016 and represent a change from the comparable period presented. Prior period information was revised to the current year presentation. Operating segment data for the periods indicated were as follows (in thousands):

	Three months ended June 30,						Six months ended June 30,
	2016			2015			2016			2015
Cemetery Operations:
Revenues	$	63,543		$	71,019		$	124,149		$	126,252
Operating costs and expenses		(54,911	)		(57,573	)		(105,267	)		(106,906	)
Depreciation and amortization		(2,014	)		(1,904	)		(3,984	)		(3,810	)
Segment income	$	6,618		$	11,542		$	14,898		$	15,536
Funeral Homes:
Revenues	$	14,739		$	13,494		$	31,062		$	28,754
Operating costs and expenses		(12,732	)		(12,149	)		(26,472	)		(24,299	)
Depreciation and amortization		(858	)		(802	)		(1,735	)		(1,601	)
Segment income	$	1,149		$	543		$	2,855		$	2,854
Reconciliation of segment income to net loss:
Cemeteries	$	6,618		$	11,542		$	14,898		$	15,536
Funeral homes		1,149			543			2,855			2,854
Total segment income		7,767			12,085			17,753			18,390
Corporate overhead		(9,737	)		(10,429	)		(20,048	)		(19,512	)
Corporate depreciation and amortization		(283	)		(238	)		(501	)		(485	)
Other gains (losses), net		(191	)		—			(1,073	)		—
Interest expense		(5,707	)		(5,770	)		(11,497	)		(11,233	)
Income tax benefit (expense)		(500	)		(292	)		(760	)		(314	)
Net loss	$	(8,651	)	$	(4,644	)	$	(16,126	)	$	(13,154	)
Capital expenditures:
Cemeteries	$	2,691		$	4,127		$	4,632		$	6,693
Funeral homes		44			207			495			382
Corporate		209			101			2,377			175
Total capital expenditures	$	2,944		$	4,435		$	7,504		$	7,250
Balance sheet information:	June 30, 2016			December 31, 2015
Assets:
Cemetery Operations	$	1,528,569		$	1,481,926
Funeral Homes		197,481			190,443
Corporate		20,145			21,988
Total assets	$	1,746,195		$	1,694,357
Goodwill:
Cemetery Operations	$	25,320		$	25,320
Funeral Homes		45,252			44,531
Total goodwill	$	70,572		$	69,851