Deferred Preneed Funeral and Cemetery Receipts Held in Trust and Perpetual Care Trusts Corpus

9 Months Ended

Jul. 31, 2011

Deferred Preneed Funeral and Cemetery Receipts Held in Trust and Perpetual Care Trusts' Corpus [Abstract]

Deferred Preneed Funeral and Cemetery Receipts Held in Trust and Perpetual Care Trusts' Corpus

(6) Deferred Preneed Funeral and Cemetery Receipts Held in Trust and Perpetual Care Trusts’ Corpus

     The components of deferred preneed funeral and cemetery receipts held in trust in the condensed consolidated balance sheet at July 31, 2011 are as follows:

	Deferred Receipts Held in Trust
	Preneed			Preneed
	Funeral			Cemetery			Total
Trust assets at market value	$	386,039		$	193,768		$	579,807
Less:
Pending withdrawals		(6,193	)		(5,346	)		(11,539	)
Pending deposits		1,952			1,653			3,605
Deferred receipts held in trust	$	381,798		$	190,075		$	571,873

     The components of perpetual care trusts’ corpus in the condensed consolidated balance sheet at July 31, 2011 are as follows:

	Perpetual Care
	Trusts’ Corpus
Trust assets at market value	$	240,331
Less:
Pending withdrawals		(1,854	)
Pending deposits		615
Perpetual care trusts’ corpus	$	239,092

Investment and other income, net

     The components of investment and other income, net in the condensed consolidated statements of earnings for the three and nine months ended July 31, 2011 and 2010 are detailed below.

	Three Months Ended July 31,						Nine Months Ended July 31,
	2011			2010			2011			2010
Realized gains from sales of investments	$	6,335		$	1,375		$	14,999		$	8,354
Realized losses from sales of investments and other		(2,065	)		(4,091	)		(3,732	)		(7,481	)
Interest income, dividends and other ordinary income		7,175			6,384			22,722			17,999
Trust expenses and income taxes		(2,808	)		(2,223	)		(7,737	)		(7,363	)
Net trust investment income		8,637			1,445			26,252			11,509
Reclassification to deferred preneed funeral and cemetery receipts held in trust		(6,319	)		758			(19,876	)		(3,238	)
Reclassification to perpetual care trusts’ corpus		(2,318	)		(2,203	)		(6,376	)		(8,271	)
Total deferred preneed funeral and cemetery receipts held in trust and perpetual care trusts’ corpus		—			—			—			—
Investment and other income, net (1)		30			62			394			122
Total investment and other income, net	$	30		$	62		$	394		$	122

⁽¹⁾  Investment and other income, net generally consists of interest income primarily on the Company’s cash, cash equivalents and marketable securities not held in trust. For the nine months ended July 31, 2011, the balance includes approximately $327 of interest income related to the recent resolution of an audit by the Internal Revenue Service.