SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Segment Information

The following tables present financial information with respect to the Company’s segments (in thousands). Corporate costs represent those not directly associated with an operating segment, such as corporate overhead, interest expense and income taxes. Corporate assets primarily consist of cash and cash equivalents and restricted cash.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
STATEMENT OF OPERATIONS DATA:
Cemetery Operations:
Revenues	$	64,077		$	60,750		$	181,075		$	184,288
Operating costs and expenses		(50,829	)		(54,681	)		(151,840	)		(166,777	)
Depreciation and amortization		(1,569	)		(1,853	)		(4,892	)		(5,735	)
Segment operating profit	$	11,679		$	4,216		$	24,343		$	11,776
Funeral Home Operations:
Revenues	$	12,779		$	12,401		$	37,733		$	38,827
Operating costs and expenses		(10,769	)		(10,669	)		(31,347	)		(32,636	)
Depreciation and amortization		(481	)		(602	)		(1,509	)		(1,788	)
Segment operating profit	$	1,529		$	1,130		$	4,877		$	4,403
Reconciliation of segment operating profit to net loss:
Cemetery Operations		11,679			4,216		$	24,343		$	11,776
Funeral Home Operations		1,529			1,130			4,877			4,403
Total segment profit		13,208			5,346			29,220			16,179
Corporate overhead		(9,762	)		(11,595	)		(27,019	)		(38,145	)
Corporate depreciation and amortization		(235	)		(192	)		(677	)		(597	)
Gain on sale of businesses		—			—			31,120			—
Other losses		—			(129	)		(2,169	)		(3,558	)
Interest expense		(12,197	)		(12,765	)		(36,576	)		(35,282	)
Loss on debt extinguishment		—			—			—			(8,478	)
Loss on impairment of goodwill		—			(24,862	)		—			(24,862	)
Income tax benefit (expense)		1,129			1,545			3,333			(4,841	)
Net loss	$	(7,857	)	$	(42,652	)	$	(2,768	)	$	(99,584	)
CASH FLOW DATA:
Capital expenditures:
Cemetery Operations	$	806		$	411		$	3,351		$	4,222
Funeral Home Operations		78			465			95			1,447
Corporate		109			29			1,338			74
Total capital expenditures	$	993		$	905		$	4,784		$	5,743

	September 30, 2020		December 31, 2019
BALANCE SHEET DATA:
Assets:
Cemetery Operations	$	1,422,395	$	1,504,463
Funeral Home Operations		132,247		148,310
Corporate		71,770		66,595
Total assets	$	1,626,412	$	1,719,368
Assets held for sale:
Cemetery Operations	$	26,662	$	20,819
Funeral Home Operations		5,447		3,039
Total assets held for sale	$	32,109	$	23,858
Disposed assets:
Cemetery Operations	$	20,445	$	—
Funeral Home Operations		3,032		110
Total disposed assets	$	23,477	$	110