SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)

3 Months Ended

Mar. 31, 2020

Organization Consolidation And Presentation Of Financial Statements [Abstract]

UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEETS

March 31, 2020	Parent			Partnership			CFS West Virginia			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents, excluding restricted cash	$	—		$	—		$	—		$	25,621	$	1,445		$	—		$	27,066
Restricted cash		—			—			—			20,400		—			—			20,400
Assets held for sale		—			—			—			77,850		—			—			77,850
Other current assets		—			—			3,565			60,619		11,574			—			75,758
Total current assets		—			—			3,565			184,490		13,019			—			201,074
Long-term accounts receivable		—			—			2,345			59,074		10,055			—			71,474
Cemetery and funeral home property and equipment		—			—			531			364,534		32,035			—			397,100
Merchandise trusts		—			—			—			—		437,638			—			437,638
Perpetual care trusts		—			—			—			—		284,832			—			284,832
Deferred selling and obtaining costs		—			—			5,704			89,682		18,225			—			113,611
Intangible assets		—			—			—			98		55,844			—			55,942
Other assets		—			—			—			24,141		2,607			—			26,748
Investments in and amounts due from affiliates eliminated upon consolidation		—			279,834			—			576,588		—			(856,422	)		—
Total assets	$	—		$	279,834		$	12,145		$	1,298,607	$	854,255		$	(856,422	)	$	1,588,419
Liabilities and Owners' Equity
Current liabilities		—			—			180			102,968		1,486			—			104,634
Long-term debt, net of deferred financing costs		—			279,834			61,470			139		—			—			341,443
Deferred revenues		—			—			31,431			727,227		108,749			—			867,407
Perpetual care trust corpus		—			—			—			—		284,832			—			284,832
Other long-term liabilities		—			—			—			66,670		16,545			—			83,215
Investments in and amounts due to affiliates eliminated upon consolidation		93,112			93,112			177,069			341,304		494,246			(1,198,843	)		—
Total liabilities		93,112			372,946			270,150			1,238,308		905,858			(1,198,843	)		1,681,531
Owners' equity		(93,112	)		(93,112	)		(258,005	)		60,299		(51,603	)		342,421			(93,112	)
Total liabilities and owners' equity	$	—		$	279,834		$	12,145		$	1,298,607	$	854,255		$	(856,422	)	$	1,588,419

UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEETS (Continued)

December 31, 2019	Parent			Partnership			CFS West Virginia			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents, excluding restricted cash	$	—		$	—		$	—		$	33,553	$	1,314		$	—		$	34,867
Restricted cash		—			—			—			21,900		—			—			21,900
Assets held for sale		—			—			—			23,858		—			—			23,858
Other current assets		—			—			3,497			62,686		11,531			—			77,714
Total current assets		—			—			3,497			141,997		12,845			—			158,339
Long-term accounts receivable		—			—			2,557			63,124		9,868			—			75,549
Cemetery and funeral home property and equipment		—			—			609			391,626		31,770			—			424,005
Merchandise trusts		—			—			—			—		517,192			—			517,192
Perpetual care trusts		—			—			—			—		343,619			—			343,619
Deferred selling and obtaining costs		—			—			5,654			91,243		18,047			—			114,944
Intangible assets		—			—			—			136		56,110			—			56,246
Other assets		—			—			—			26,907		2,567			—			29,474
Investments in and amounts due from affiliates eliminated upon consolidation		—			301,531			—			648,359		—			(949,890	)		—
Total assets	$	—		$	301,531		$	12,317		$	1,363,392	$	992,018		$	(949,890	)	$	1,719,368
Liabilities and Owners' Equity
Current liabilities	$	—		$	—		$	161		$	74,674	$	1,466		$	—		$	76,301
Long-term debt, net of deferred financing costs		—			301,531			66,239			193		—			—			367,963
Deferred revenues		—			—			33,349			802,528		113,498			—			949,375
Perpetual care trust corpus		—			—			—			—		343,619			—			343,619
Liabilities held for sale, net of current portion
Other long-term liabilities		—			—			—			68,227		16,373			—			84,600
Investments in and amounts due to affiliates eliminated upon consolidation		102,490			102,490			183,611			367,770		567,666			(1,324,027	)		—
Total liabilities		102,490			404,021			283,360			1,313,392		1,042,622			(1,324,027	)		1,821,858
Owners' equity		(102,490	)		(102,490	)		(271,043	)		50,000		(50,604	)		374,137			(102,490	)
Total liabilities and owners' equity	$	—		$	301,531		$	12,317		$	1,363,392	$	992,018		$	(949,890	)	$	1,719,368

Condensed Consolidating Statements of Operations

UNAUDITED CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

Three Months Ended March 31, 2020	Parent		Partnership			CFS West Virginia			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Total revenues	$	—	$	—		$	1,194		$	59,698		$	13,069		$	(2,716	)	$	71,245
Total costs and expenses		—		—			(3,169	)		(58,984	)		(13,319	)		2,716			(72,756	)
Gain on sale of businesses		—		—			—			24,086			—			—			24,086
Net income from equity investment in subsidiaries		9,003		17,701			12,585			—			—			(39,289	)		—
Interest expense		—		(8,698	)		(1,911	)		(1,382	)		(293	)		—			(12,284	)
Income (loss) from operations before income taxes		9,003		9,003			8,699			23,418			(543	)		(39,289	)		10,291
Income tax expense		—		—			—			(1,288	)		—			—			(1,288	)
Net income (loss)	$	9,003	$	9,003		$	8,699		$	22,130		$	(543	)	$	(39,289	)	$	9,003

Three Months Ended March 31, 2019			Parent			Subsidiary Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Total revenues			$	—		$	1,564		$	59,752		$	11,132		$	(979	)	$	71,469
Total costs and expenses				—			(4,520	)		(65,935	)		(11,356	)		979			(80,832	)
Net loss from equity investment in subsidiaries				(21,176	)		(18,925	)		—			—			40,101			—
Interest expense				(1,358	)		(2,087	)		(9,456	)		(270	)		—			(13,171	)
Income (loss) from operations before income taxes				(22,534	)		(23,968	)		(15,639	)		(494	)		40,101			(22,534	)
Income tax expense				—			—			—			—			—			—
Net income (loss)			$	(22,534	)	$	(23,968	)	$	(15,639	)	$	(494	)	$	40,101		$	(22,534	)

Condensed Consolidating Statement of Cash Flows

UNAUDITED CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

Three Months Ended March 31, 2020	Parent		Partnership		CFS West Virginia			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net cash used in (provided by) operating activities	$	—	$	—	$	12		$	4,465		$	893		$	(10,608	)	$	(5,238	)
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures, net of proceeds from divestitures and asset sales		—		—		—			26,796			(679	)		—			26,117
Payments to affiliates		—		—		—			—			—			—			—
Net cash provided by investing activities		—		—		—			26,796			(679	)		—			26,117
Cash Flows From Financing Activities:
Cash distributions		—		—		—			—			—			—			—
Payments from affiliates		—		—		—			(10,608	)		—			10,608			—
Net borrowings and repayments of debt		—		—		(12	)		(29,872	)		(83	)		—			(29,967	)
Other financing activities		—		—		—			(213	)		—			—			(213	)
Net cash used in financing activities		—		—		(12	)		(40,693	)		(83	)		10,608			(30,180	)
Net (decrease) increase in cash and cash equivalents and restricted cash		—		—		—			(9,432	)		131			—			(9,301	)
Cash and cash equivalents and restricted cash—Beginning of period		—		—		—			55,453			1,314			—			56,767
Cash and cash equivalents and restricted cash—End of period	$	—	$	—	$	—		$	46,021		$	1,445		$	—		$	47,466

Three Months Ended March 31, 2019	Parent		Subsidiary Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net cash used in (provided by) operating activities	$	—	$	119		$	(9,509	)	$	(268	)	$	(3,445	)	$	(13,103	)
Cash Flows From Investing Activities:
Cash paid for acquisitions and capital expenditures, net of proceeds from divestitures and asset sales		—		(106	)		(1,717	)		(80	)		—			(1,903	)
Net cash used investing activities		—		(106	)		(1,717	)		(80	)		—			(1,903	)
Cash Flows From Financing Activities:
Cash distributions		—		—			—			—			—			—
Payments to affiliates		—		—			(3,445	)		—			3,445			—
Net borrowings and repayments of debt		—		(13	)		24,030			(74	)		—			23,943
Other financing activities		—		—			(2,636	)		—			—			(2,636	)
Net cash (used in) provided by financing activities		—		(13	)		17,949			(74	)		3,445			21,307
Net increase (decrease) in cash and cash equivalents and restricted cash		—		—			6,723			(422	)		—			6,301
Cash and cash equivalents and restricted cash —Beginning of period		—		—			16,298			1,849			—			18,147
Cash and cash equivalents and restricted cash —End of period	$	—	$	—		$	23,021		$	1,427		$	—		$	24,448