12) Mergers, Acquisitions and Dispositions Disclosures

6 Months Ended

Jun. 30, 2015

Notes

12) Mergers, Acquisitions and Dispositions Disclosures

12)    Acquisitions

Acquisition of American Funeral Financial

On June 4, 2014, the Company, through its wholly owned subsidiary, SNFC Subsidiary, LLC (“SNFC Subsidiary”), completed a purchase transaction with American Funeral Financial, LLC, a South Carolina limited liability company (“American Funeral Financial”) and Hypershop, LLC, a North Carolina  limited liability  company (“Hypershop”), the sole owner of all the limited liability company interests of American Funeral Financial, to purchase all of the outstanding limited liability company interests, or membership units, of American Funeral Financial.  American Funeral Financial is engaged in the operation of a factoring business with the principal purpose of providing funding for funeral homes and mortuaries.  

The following unaudited pro forma information has been prepared to present the results of operations of the Company assuming the acquisition of American Funeral Financial had occurred at the beginning of the six month periods ended June 30, 2015 and 2014. This pro forma information is supplemental and does not necessarily present the operations of the Company that would have occurred had the acquisition occurred on those dates and may not reflect the operations that will occur in the future:

	For the Three Months Ended June 30 (unaudited)		For the Six Months Ended June 30 (unaudited)
	2015	2014	2015	2014
Total revenues	$   76,040,615	$       60,275,049	$     140,090,247	$     106,796,985
Net earnings	$     3,852,279	$         2,661,985	$         5,715,982	$         3,004,668
Net earnings per Class A equivalent common share	$              0.30	$                  0.21	$                  0.44	$                  0.24
Net earnings per Class A equivalent common share
assuming dilution	$             0.28	$                  0.21	$                  0.42	$                  0.23