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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Statement of Cash Flows [Abstract]    
Net income $ 249,494 $ 277,181
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss on early extinguishment of debt 0 1,114
Depreciation and amortization 101,856 92,758
Amortization of intangibles 8,627 9,356
Amortization of cemetery property 46,336 48,036
Amortization of loan costs 3,519 3,408
Provision for expected credit losses 7,644 3,389
Provision for deferred income taxes 7,553 8,410
Share-based compensation 7,966 8,149
Gain (Loss) on Disposition of Assets (1,240) (7,645)
Change in assets and liabilities, net of effects from acquisitions and divestitures:    
Increase (Decrease) in Accounts Receivable 7,296 11,112
Increase (Decrease) in Other Operating Assets 15,969 (36,303)
Increase (Decrease) in Operating Liabilities (15,484) (31,266)
Effect of preneed funeral production and maturities:    
Increase in preneed receivables, net and trust investments (124,609) (114,106)
Increase in deferred revenue, net 53,342 82,457
Increase in deferred receipts held in trust 48,731 7,593
Net cash provided by operating activities 417,000 363,643
Cash flows from investing activities:    
Capital expenditures (175,878) (177,007)
Payments to Acquire Businesses, Net of Cash Acquired (38,490) (39,424)
Payments for (Proceeds from) Deposits on Real Estate Acquisitions (22,151) (17,434)
Proceeds from divestitures and sales of property and equipment 11,339 20,547
Payment to Acquire Life Insurance Policy, Investing Activities (2,831) (7,898)
Proceeds from Life Insurance Policy 2,000 10,119
Payments for (Proceeds from) Other Investing Activities (9,814) 0
Net cash used in investing activities (235,825) (211,097)
Cash flows from financing activities    
Payments of Debt Issuance Costs 0 7,471
Proceeds from issuance of long-term debt 296,137 573,433
Early payments and extinguishment of debt (225,000) (385,973)
Finance Lease, Principal Payments 18,213 17,126
Repayments of Unsecured Debt (11,665) (10,573)
Proceeds from exercise of stock options 17,859 14,564
Purchase of Company common stock (176,417) (252,116)
Payments of dividends (87,328) (81,987)
Bank overdrafts and other (10,536) (14,350)
Net cash (used in) provided by financing activities (215,163) (181,599)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (2,665) 1,330
Net decrease in cash, cash equivalents, and restricted cash (36,653) (27,723)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 188,108 $ 176,801