0001016281-21-000071 | 10-K | XBRL Viewer

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Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2020	Feb. 26, 2021	Jun. 30, 2020
Cover [Abstract]
Entity Registrant Name	CARRIAGE SERVICES, INC.
Entity Central Index Key	0001016281
Document Type	10-K
Document Period End Date	Dec. 31, 2020
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Small Business	false
Entity Interactive Data Current	Yes
Entity Public Float			$ 295.5
Entity Common Stock, Shares Outstanding		17,994,717
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	1-11961
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	76-0423828
Entity Address, Address Line One	3040 Post Oak Boulevard
Entity Address, Address Line Two	Suite 300
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77056
City Area Code	(713)
Local Phone Number	332-8400
Title of 12(b) Security	Common Stock, Par Value $.01 Per Share
Trading Symbol	CSV
Security Exchange Name	NYSE
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE _____________________________________ Certain information required to be disclosed in Part III of this report is incorporated by reference from the registrant’s definitive proxy statement or an amendment to this report, which will be filed with the SEC not later than 120 days after the end of the fiscal year covered by this report.
ICFR Auditor Attestation Flag	true

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 889	$ 716
Accounts receivable, net	25,103	21,478
Inventories	7,259	6,989
Prepaid and other current assets	2,076	10,667
Total current assets	35,327	39,850
Preneed cemetery trust investments	86,604	72,382
Preneed funeral trust investments	101,235	96,335
Preneed cemetery receivables, net	21,081	20,173
Receivables from preneed trusts, net	16,844	18,024
Property, plant and equipment, net	269,051	279,200
Cemetery property, net	101,134	87,032
Goodwill	392,978	398,292
Intangible and other non-current assets, net	29,542	32,116
Operating lease right-of-use assets	21,201	22,304
Cemetery perpetual care trust investments	70,828	64,047
Total assets	1,145,825	1,129,755
Current liabilities:
Current portion of debt and lease obligations	3,432	3,150
Accounts payable	11,259	8,413
Accrued and other liabilities	31,138	24,026
Convertible Subordinated Debt, Current	2,538	0
Total current liabilities	48,367	35,589
Acquisition debt, net of current portion	4,482	5,658
Credit facility	46,064	82,182
Convertible subordinated notes due 2021	0	5,971
Obligations under finance leases, net of current portion	5,531	5,854
Obligations under operating leases, net of current portion	20,302	21,533
Deferred preneed cemetery revenue	47,846	46,569
Deferred preneed funeral revenue	27,992	29,145
Deferred tax liability	46,477	41,368
Other long-term liabilities	4,748	1,737
Deferred preneed cemetery receipts held in trust	86,604	72,382
Deferred preneed funeral receipts held in trust	101,235	96,335
Care trusts’ corpus	69,707	63,416
Total liabilities	905,323	903,186
Commitments and contingencies
Stockholders’ equity:
Common stock, $0.01 par value; 80,000,000 shares authorized and 25,880,362 and 26,020,494 shares issued, respectively and 17,855,023 and 17,995,155 shares outstanding, respectively	260	259
Additional paid-in capital	239,989	242,147
Retained earnings	102,303	86,213
Treasury stock, at cost; 8,025,339 shares at both December 31, 2019 and 2020	(102,050)	(102,050)
Total stockholders’ equity	240,502	226,569
Total liabilities and stockholders’ equity	1,145,825	1,129,755
Senior Notes [Member]
Current liabilities:
Principal amount	$ 395,968	$ 395,447

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	80,000,000	80,000,000
Common stock, shares issued (in shares)	26,020,494	25,880,362
Common stock outstanding (in shares)	17,995,155	17,855,023
Treasury stock, shares (in shares)	8,025,339	8,025,339

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Revenue:
Revenues	$ 329,448	$ 274,107	$ 267,992
Field costs and expenses:
Cemetery property amortization	4,956	3,985	3,602
Field depreciation expense	13,006	12,370	12,015
Regional and unallocated funeral and cemetery costs	18,057	13,827	12,749
Other expenses	4,808	2,055	1,548
Total field costs and expenses	223,525	194,522	192,045
Gross profit	105,923	79,585	75,947
Corporate costs and expenses:
General, administrative and other	25,827	25,880	30,827
Home office depreciation and amortization	1,427	1,416	1,813
Net loss on divestitures and impairment charges	21,442	4,846	1,195
Operating income	57,227	47,443	42,112
Interest expense	(32,515)	(25,522)	(21,109)
Accretion of discount on convertible subordinated notes	(216)	(241)	(2,192)
Net loss on early extinguishment of debt	(6)	0	(502)
Other, net	152	736	(43)
Income before income taxes	24,642	22,416	18,266
Expense for income taxes	(7,985)	(7,395)	(5,754)
Tax adjustment related to discrete items	(567)	(488)	(867)
Total expense for income taxes	(8,552)	(7,883)	(6,621)
Net income	$ 16,090	$ 14,533	$ 11,645
Basic earnings per common share (in dollars per share)	$ 0.90	$ 0.81	$ 0.64
Diluted earnings per common share (in dollars per share)	0.89	0.80	0.63
Dividends declared per share (in dollars per share)	$ 0.3375	$ 0.3000	$ 0.3000
Weighted average number of common and common equivalent shares outstanding:
Basic (in shares)	17,872	17,877	17,971
Diluted (in shares)	18,077	18,005	18,374
Service revenue
Revenue:
Revenues	$ 164,984	$ 142,554	$ 138,604
Field costs and expenses:
Cost of goods and services	79,634	72,991	72,123
Property and merchandise revenue
Revenue:
Revenues	139,630	114,514	112,253
Field costs and expenses:
Cost of goods and services	103,064	89,294	90,008
Other revenue
Revenue:
Revenues	$ 24,834	$ 17,039	$ 17,135

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Cumulative Effect, Period of Adoption, Adjusted Balance	Common Stock [Member]	Common Stock [Member] Cumulative Effect, Period of Adoption, Adjusted Balance	Additional Paid-in Capital	Additional Paid-in Capital Cumulative Effect, Period of Adoption, Adjusted Balance	Accumulated Deficit	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjustment	Accumulated Deficit Cumulative Effect, Period of Adoption, Adjusted Balance	Treasury Stock	Treasury Stock Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance, shares outstanding at Dec. 31, 2017				16,098,000	16,098,000
Beginning Balance at Dec. 31, 2017	$ 197,656	$ 2,131	$ 199,787	$ 226	$ 226	$ 216,158	$ 216,158	$ 57,904	$ 2,131	$ 60,035	$ (76,632)	$ (76,632)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	$ 11,645							11,645
Issuance of common stock from employee stock purchase plan (in shares)	49,938
Isuuance of common stock, shares				62,000
Issuance of common stock	$ 1,200			$ 1		1,199
Exercise of stock options, shares	459,000			140,000
Exercise of stock options	$ (33)			$ 1		(34)
Issuance of restricted common stock, shares				87,000
Issuance of restricted common stock	25			$ 1		24
Cancellation and retirement of restricted common stock, shares				(30,000)
Cancellation and retirement of restricted common stock	(398)					(398)
Stock-based compensation expense	6,531					6,531
Dividends on common stock	(5,514)					(5,514)
Treasury stock acquired, shares				(1,102,000)
Treasury stock acquired	(17,662)										(17,662)
Ending balance, shares outstanding at Dec. 31, 2018				18,078,000
Ending Balance at Dec. 31, 2018	221,492			$ 257		243,849		71,680			(94,294)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	$ 14,533							14,533
Issuance of common stock from employee stock purchase plan (in shares)	73,731
Isuuance of common stock, shares				81,000
Issuance of common stock	$ 972			$ 1		971
Exercise of stock options, shares	247,000			76,000
Exercise of stock options	$ 472			$ 1		471
Issuance of restricted common stock, shares				26,000
Issuance of restricted common stock	0
Cancellation and retirement of restricted common stock, shares				(21,000)
Cancellation and retirement of restricted common stock	(194)					(194)
Stock-based compensation expense	2,153					2,153
Dividends on common stock	(5,398)					(5,398)
Stock Issued During Period, Shares, Conversion of Convertible Securities				2,823,000
Stock Issued During Period, Value, Conversion of Convertible Securities	$ 25,911			$ 28		25,883
Treasury stock acquired, shares	(1,101,969)			(400,000)
Treasury stock acquired	$ (7,756)										(7,756)
Other (in share)				15,000
Other	295					295
Ending balance, shares outstanding at Dec. 31, 2019				17,855,000
Ending Balance at Dec. 31, 2019	226,569			$ 259		242,147		86,213			(102,050)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss)	$ 16,090							16,090
Issuance of common stock from employee stock purchase plan (in shares)	71,908			72,000
Issuance of common stock from employee stock purchase plan	$ 1,202			$ 1		1,201
Isuuance of common stock, shares				31,000
Issuance of common stock	$ 653					653
Exercise of stock options, shares	40,000			20,000
Exercise of stock options	$ (70)					(70)
Issuance of restricted common stock, shares				10,000
Issuance of restricted common stock	0
Cancellation and retirement of restricted common stock, shares				(11,000)
Cancellation and retirement of restricted common stock	(250)					(250)
Stock-based compensation expense	2,717					2,717
Dividends on common stock	(6,048)					(6,048)
Convertible notes repurchase	$ (828)					(828)
Treasury stock acquired, shares	(400,000)
Other (in share)				18,000
Other	$ 467					467
Ending balance, shares outstanding at Dec. 31, 2020				17,995,000
Ending Balance at Dec. 31, 2020	$ 240,502			$ 260		$ 239,989		$ 102,303			$ (102,050)

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income	$ 16,090,000	$ 14,533,000	$ 11,645,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	19,389,000	17,771,000	17,430,000
Provision for bad debt and credit losses	2,318,000	1,618,000	1,841,000
Stock-based compensation expense	3,370,000	2,153,000	6,583,000
Deferred income tax expense	4,597,000	10,117,000	3,823,000
Amortization of deferred financing costs	782,000	392,000	532,000
Amortization of capitalized commissions and non-compete agreements	1,299,000	1,231,000	1,219,000
Accretion of discount on convertible subordinated notes	216,000	241,000	2,192,000
Accretion of debt discount, net of debt premium on senior notes	307,000	492,000	272,000
Net loss on extinguishment of debt	6,000	0	502,000
Net loss on divestitures and impairment charges	21,442,000	4,846,000	1,195,000
Net loss on sale of other assets	251,000	213,000	876,000
Gain on insurance reimbursements	(97,000)	(879,000)	0
Other	19,000	121,000	0
Changes in operating assets and liabilities that provided (required) cash:
Accounts and preneed receivables	(4,279,000)	(5,801,000)	(5,061,000)
Inventories, prepaid and other current assets	3,516,000	(2,762,000)	(159,000)
Intangible and other non-current assets	(1,015,000)	(924,000)	(1,010,000)
Preneed funeral and cemetery trust investments	(5,043,000)	(6,500,000)	488,000
Accounts payable	2,702,000	(580,000)	2,044,000
Accrued and other liabilities	10,784,000	1,271,000	3,990,000
Deferred preneed funeral and cemetery revenue	528,000	168,000	6,546,000
Deferred preneed funeral and cemetery receipts held in trust	5,733,000	5,495,000	(5,954,000)
Net cash provided by operating activities	82,915,000	43,216,000	48,994,000
Cash flows from investing activities:
Acquisitions	(28,011,000)	(140,907,000)	(37,970,000)
Deposit on pending acquisition	0	(5,000,000)	0
Proceeds from insurance reimbursements	248,000	1,433,000	0
Proceeds from divestitures and sale of other assets	8,541,000	967,000	0
Capital expenditures	(15,198,000)	(15,379,000)	(13,526,000)
Net cash used in investing activities	(34,420,000)	(158,886,000)	(51,496,000)
Cash flows from financing activities:
Payments against the term loan	0	0	(127,500,000)
Borrowings from the credit facility	109,500,000	174,961,000	124,500,000
Payments against the credit facility	(146,100,000)	(118,261,000)	(189,400,000)
Payment of debt issuance costs related to the credit facility	0	891,000	1,751,000
Repurchase of the convertible subordinated notes due 2021	(4,563,000)	(27,000)	(98,266,000)
Payment of transaction costs related to the repurchase of the convertible subordinated notes due 2021	(12,000)	0	(885,000)
Proceeds from the issuance of the senior notes due 2026	0	76,688,000	320,125,000
Payment of debt issuance costs related to the senior notes due 2026	(66,000)	(980,000)	(1,367,000)
Payments on acquisition debt and obligations under finance leases	1,745,000	2,287,000	1,940,000
Payments on contingent consideration recorded at acquisition date	(169,000)	(162,000)	(138,000)
Proceeds from the exercise of stock options and employee stock purchase plan contributions	1,229,000	1,445,000	1,246,000
Taxes paid on restricted stock vestings and exercise of stock options	(348,000)	(194,000)	(651,000)
Dividends paid on common stock	(6,048,000)	(5,398,000)	(5,513,000)
Purchase of treasury stock	0	(9,152,000)	(16,266,000)
Net cash provided by (used in) financing activities	(48,322,000)	115,742,000	2,194,000
Net increase (decrease) in cash and cash equivalents	173,000	72,000	(308,000)
Cash and cash equivalents at beginning of year	716,000	644,000	952,000
Cash and cash equivalents at end of year	889,000	716,000	644,000
Senior Notes [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of deferred financing costs	280,000	139,000	77,000
Accretion of debt discount, net of debt premium on senior notes	$ 528,000	$ 493,000	$ 273,000

Basis of Presentation and Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Company

Carriage Services, Inc. (“Carriage,” the “Company,” “we,” “us,” or “our”) is a leading provider of funeral and cemetery services and merchandise in the United States. At December 31, 2020, we operated 178 funeral homes in 26 states and 32 cemeteries in 12 states. Our operations are reported in two business segments: Funeral Home Operations, which currently accounts for approximately 75% of our revenue and Cemetery Operations, which currently accounts for approximately 25% of our revenue.

Our funeral home operations are principally service businesses that generate revenue from sales of burial and cremation services and related merchandise, such as caskets and urns. Funeral services include consultation, the removal and preparation of remains, the use of funeral home facilities for visitation and memorial services and transportation services. We provide funeral services and products on both an “atneed” (time of death) and “preneed” (planned prior to death) basis.

Our cemetery operations generate revenue primarily through sales of cemetery interment rights (primarily grave sites, lawn crypts, mausoleum spaces and niches), related cemetery merchandise (such as memorial markers, outer burial containers, and monuments) and services (interments, inurnments and installation of cemetery merchandise). We provide cemetery services and products on both an atneed and preneed basis.

Principles of Consolidation

The accompanying Consolidated Financial Statements include the Company and its subsidiaries. All significant intercompany balances and transactions have been eliminated.

Reclassifications

Certain reclassifications have been made to prior period amounts to conform to the current period financial statement presentation. Impairments and net loss on divestitures, which were previously reported in Other, net, have been reclassed to Net loss on divestitures and impairment charges within operating income on our Consolidated Statements of Operations with no effect on our previously reported net income, Consolidated Balance Sheet and Consolidated Statements of Cash Flows.

Use of Estimates

The preparation of our Consolidated Financial Statements requires us to make estimates and judgments that affect the reported amounts of assets and liabilities, revenue and expenses. On an ongoing basis, we evaluate our significant estimates and judgments, which include those related to the realization of our accounts receivable, valuation of goodwill, intangible assets, deferred tax assets and liabilities and depreciation of property and equipment. We base our estimates on historical experience, third-party data and assumptions that we believe to be reasonable under the circumstances. The results of these considerations form the basis for making judgments about the amount and timing of revenue and expenses, the carrying value of assets and the recorded amounts of liabilities. Actual results may differ from these estimates and such estimates may change if the underlying conditions or assumptions change. Historical performance should not be viewed as indicative of future performance, as there can be no assurance that our results of operations will be consistent from year to year.

Cash and Cash Equivalents

We consider all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.

Funeral and Cemetery Receivables

Our funeral receivables are recorded in Accounts receivable, net and primarily consist of amounts due for funeral services already performed.

Atneed cemetery receivables and preneed cemetery receivables with payments expected to be received within one year from the balance sheet date are recorded in Accounts receivable, net. Preneed cemetery receivables with payments expected to be received beyond one year from the balance sheet date are recorded in Preneed cemetery receivables, net. Our cemetery receivables generally consist of preneed sales of cemetery interment rights and related products and services, which are typically financed through interest-bearing installment sales contracts, generally with terms of up to five years, with such interest income reflected as Other revenue. In substantially all cases, we receive an initial down payment at the time the contract is signed.

For our funeral and atneed cemetery receivables, we have a collections policy where statements are sent to the customer at 30 days past due. Past due notification letters are sent at 45 days and continue until payment is received or the contract is placed with a third-party collections agency. For our preneed cemetery receivables, we have a collections policy where past due notification letters are sent to the customer beginning at 15 days past due and periodically thereafter until payment is received or the contract is cancelled.

In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”), Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments and subsequent amendments collectively known as (“Topic 326”). Topic 326 applies to all entities holding financial assets measured at amortized cost, including loans, trade and financed receivables and other financial instruments. The guidance introduces a new credit reserving model known as Current Expected Credit Loss (“CECL”), which requires earlier recognition of credit losses, while also providing additional transparency about credit risk. The CECL model requires all expected credit losses to be measured based on historical experience, current conditions and reasonable and supportable forecasts about collectability. Prior to adoption of Topic 326, we provided allowances for bad debt and contract cancellations on our receivables based on an analysis of historical trends of collection activity.

For both funeral and cemetery receivables, we determine our allowance for credit losses by using a loss-rate methodology, in which we assess our historical write-off of receivables against our total receivables over several years. From this historical loss-rate approach, we also consider the current and forecasted economic conditions expected to be in place over the life of our receivables. These estimates are impacted by a number of factors, including changes in the economy, demographics and competition in our local communities. We monitor our ongoing credit exposure through an active review of our customers’ receivables balance against contract terms and due dates. Our activities include timely performance of our accounts receivable reconciliations, assessment of our aging of receivables, dispute resolution and payment confirmation. We monitor any change in our historical write-off of receivables utilized in our loss-rate methodology and assess forecasted changes in market conditions within our credit reserve. During 2020, we increased our allowance for credit losses on our funeral and cemetery receivables as a result of the economic impact of the COVID-19 pandemic (COVID-19).

See Notes 2 and 6 to the Consolidated Financial Statements herein for additional information related to funeral and cemetery receivables.

Inventory

Inventory consists primarily of caskets, outer burial containers and cemetery monuments and markers and is recorded at the lower of its cost basis or net realizable value. Inventory is relieved using specific identification in fulfillment of performance obligations on our contracts.

Business Combinations

Tangible and intangible assets acquired and liabilities assumed are recorded at fair value and goodwill is recognized for any difference between the price of the acquisition and fair value. We recognize the assets acquired, the liabilities assumed and any non-controlling interest in the acquiree at the acquisition date, measured at the fair value as of that date. Acquisition related costs are recognized separately from the acquisition and are expensed as incurred. We customarily estimate related transaction costs known at closing. To the extent that information not available to us at the closing date subsequently becomes available during the allocation period, we may adjust goodwill, intangible assets, assets or liabilities associated with the acquisition.

On January 3, 2020, we acquired one funeral home and cemetery combination business in Lafayette, California.

During 2019, we acquired, in three separate transactions, two funeral home and cemetery combination businesses, seven funeral home businesses and three ancillary businesses. In October 2019, we acquired the following: (i) four funeral home businesses in Buffalo, New York; and (ii) one funeral home and cemetery combination business, three funeral home businesses and three ancillary businesses, which consist of a flower shop, a pet cremation business and an online cremation business in the Rockwall, Texas area. In December 2019, we acquired one funeral home and cemetery combination business in Fairfax, Virginia.

The pro forma impact of the acquisitions on prior periods is not presented as the impact is not material to our reported results. The results of the acquired businesses are included in our results of operations from the date of acquisition.

See Note 3 to the Consolidated Financial Statements herein for further information related to acquisitions.

Divested Operations

Prior to divesting a funeral home or cemetery, we first determine whether the sale of the net assets and activities (together referred to as a “set”) qualifies as a business. First, we perform a screen test to determine if the set is not a business. The principle of the screen is that if substantially all of the fair value of the gross assets sold resides in a single asset or group of similar assets, the set is not a business. If the screen is not met, we perform an assessment to determine if the set is a business by evaluating whether the set has both inputs and a substantive process that together significantly contribute to the ability to create outputs. When both inputs and a substantive process are present then the set is determined to be a business and we apply the guidance in ASC 350 – Intangibles – Goodwill and Other to determine the accounting treatment of goodwill for that set (see discussion of Goodwill below). Goodwill is only allocated to the sale if the set is considered to be a business.

During 2020, we sold eight funeral homes for $8.4 million. During 2019, we divested three funeral homes whose building leases expired and sold a funeral home for $0.9 million. In addition, we merged a funeral home with a business in an existing market. During 2018, our management agreement with a Florida municipality expired and as a result, we divested three of our cemeteries. The operating results of these divested funeral homes and cemeteries are reflected on our Consolidated Statements of Operations through the divested date. We continually review our businesses to optimize the sustainable earning power and return on our invested capital.

See Notes 4, 5 and 11 to the Consolidated Financial Statements herein for additional information related to divestitures.

Goodwill

The excess of the purchase price over the fair value of identifiable net assets of funeral home businesses and cemeteries acquired is recorded as goodwill. Goodwill has an indefinite life and is not subject to amortization. As such, we test goodwill for impairment on an annual basis as of August 31st each year. Under current guidance, we are permitted to first assess qualitative factors to determine whether it is more-likely-than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform a quantitative goodwill impairment test.

Our intent is to perform a quantitative impairment test at least once every three years and perform a qualitative assessment during the remaining two years. In addition to our annual test, we assess the impairment of goodwill whenever events or changes in circumstances indicate that the carrying value of a reporting unit may be greater than fair value. Factors that could trigger an interim impairment review include, but are not limited to, significant negative industry or economic trends and significant adverse changes in the business climate, which may be indicated by a decline in our market capitalization or decline in operating results.

Our quantitative goodwill impairment test involves estimates and management judgment. In the quantitative analysis, we compare the fair value of each reporting unit to its carrying value, including goodwill. If the fair value of the reporting unit exceeds its carrying amount, the goodwill of that reporting unit is not considered impaired. We determine fair value for each reporting unit using both an income approach, weighted 90%, and a market approach, weighted 10%. Our methodology for determining an income-based fair value is based on discounting projected future cash flows. The projected future cash flows include assumptions concerning future operating performance and economic conditions that may differ from actual future cash flows discounted at our weighted average cost of capital based on market participant assumptions. Our methodology for determining a market approach fair value utilizes the guideline public company method, in which we rely on market multiples of comparable companies operating in the same industry as the individual reporting units. In accordance with the guidance, if the fair value of the reporting unit is less than its carrying amount an impairment charge is recorded in an amount equal to the difference.

As a result of economic conditions caused by COVID-19, we performed a quantitative assessment of our goodwill at March 31, 2020 and we recorded an impairment to goodwill of $13.6 million during the quarter ended March 31, 2020, as the carrying amount of our funeral homes in the Eastern Region Reporting Unit exceeded the fair value.

For our 2020 annual impairment test, we performed a qualitative assessment and determined that there were no factors that would indicate the need to perform an additional quantitative goodwill impairment test. We concluded that it is more-likely-than not that the fair value of our reporting units is greater than their carrying value and thus there was no additional impairment to goodwill.

For our 2019 quantitative assessment, there was no impairment to goodwill as the fair value of our reporting units was greater than the carrying value, however, we recorded a goodwill impairment of $0.7 million during 2019 related to two funeral homes that we divested. We recorded a goodwill impairment of $0.8 million during 2018 related to a funeral home that we divested.

When we divest a portion of a reporting unit that constitutes a business in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”), we allocate goodwill associated with that business to be included in the gain or loss on divestiture. The goodwill allocated is based on the relative fair values of the business being divested and the portion of the

reporting unit that will be retained. Additionally, after each divestiture, we test the goodwill remaining in the portion of the reporting unit to be retained for impairment using a qualitative assessment unless we deem a quantitative assessment to be appropriate to ensure the fair value of our reporting units is greater than their carrying value. For the year ended December 31, 2020, we concluded that it is more-likely-than not that the fair value of our reporting units is greater than their carrying value and thus there was no additional impairment to goodwill.

See Note 4 to the Consolidated Financial Statements included herein for additional information related to goodwill.

Intangible Assets

Our intangible assets include tradenames resulting from acquisitions and are included in Intangible and other non-current assets, net on our Consolidated Balance Sheet. Our tradenames are considered to have an indefinite life and are not subject to amortization. As such, we test our intangible assets for impairment on an annual basis as of August 31st each year. Under current guidance, we are permitted to first assess qualitative factors to determine whether it is more-likely-than not that the fair value of the tradename is less than its carrying amount as a basis for determining whether it is necessary to perform a quantitative impairment test.

Our intent is to perform a quantitative impairment test at least once every three years and perform a qualitative assessment during the remaining two years. In addition to our annual test, we assess the impairment of intangible assets whenever certain events or changes in circumstances indicate that the carrying value of the intangible asset may be greater than the fair value. Factors that could trigger an interim impairment review include, but are not limited to, significant under-performance relative to historical or projected future operating results and significant negative industry or economic trends.

Our quantitative intangible asset impairment test involves estimates and management judgment. Our quantitative analysis is performed using the relief from royalty method, which measures the tradenames by determining the value of the royalties that we are relieved from paying due to our ownership of the asset. We determine the fair value of the asset by discounting the cash flows that represent a savings in lieu of paying a royalty fee for use of the tradename. The discounted cash flow valuation uses projections of future cash flows and includes assumptions concerning future operating performance and economic conditions that may differ from actual future cash flows and the determination and application of an appropriate royalty rate and discount rate. To estimate the royalty rates for the individual tradename, we mainly rely on the profit split method, but also consider the comparable third-party license agreements and the return on asset method. A scorecard is used to assess the relative strength of the individual tradename to further adjust the royalty rates selected under the profit-split method for qualitative factors. In accordance with the guidance, if the fair value of the tradename is less than its carrying amount, then an impairment charge is recorded in an amount equal to the difference.

As a result of economic conditions caused by COVID-19, we performed a quantitative assessment of our tradenames at March 31, 2020 and we recorded an impairment to tradenames for certain of our funeral homes of $1.1 million during the quarter ended March 31, 2020 as the carrying amount of these tradenames exceeded the fair value.

For our 2020 annual impairment test, we performed a qualitative assessment and determined that there were no factors that would indicate the need to perform an additional quantitative impairment test. We concluded that it is more-likely-than not that the fair value of our intangible assets is greater than its carrying value and thus there was no additional impairment to our intangible assets.

For our 2019 quantitative assessment, we recorded an impairment for tradenames of $0.2 million during the year ended December 31, 2019 as the carrying amount of certain tradenames exceeded the fair value. No impairments were recorded to our intangible assets during the year ended December 31, 2018.

See Note 11 to the Consolidated Financial Statements included herein for additional information related to intangible assets.

Preneed and Perpetual Care Trust Funds

Preneed sales generally require deposits to a trust or purchase of a third-party insurance product. We have established a variety of trusts in connection with funeral home and cemetery operations as required under applicable state laws. Such trusts include (i) preneed funeral trusts; (ii) preneed cemetery merchandise and service trusts; and (iii) cemetery perpetual care trusts.

Our preneed and perpetual care trust funds are reported in accordance with the principles of consolidating Variable Interest Entities (“VIEs”). In the case of preneed trusts, the customers are the legal beneficiaries. In the case of perpetual care trusts, we do not have a right to access the corpus in the perpetual care trusts.

Our trust fund assets are reflected in our financial statements as Preneed cemetery trust investments, Preneed funeral trust investments and Cemetery perpetual care trust investments. We have recognized financial interests of third parties in the trust funds in our financial statements as Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus.

The fair value of our trust fund assets are accounted for as Collateralized Financing Entities (“CFEs”) in ASC 810. The accounting guidance for CFEs allows companies to elect to measure both the financial assets and financial liabilities using the more observable of the fair value of the financial assets or fair value of the financial liabilities. Pursuant to this guidance, we have determined the fair value of the financial assets of the trusts are more observable and we first measure those financial assets at fair value. Our fair value of the financial liabilities mirror the fair value of the financial assets, in accordance with the ASC. Any changes in fair value are recognized in earnings.

Topic 326 made changes to the accounting for fixed income securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on fixed income securities management does not intend to sell or believes that it is more likely than not will be required to sell.

In accordance with respective state laws, we are required to deposit a specified amount into perpetual and memorial care trust funds for each interment right and certain memorials sold. Income from the trust funds is distributed to us and used to provide for the care and maintenance of the cemeteries and mausoleums. Such trust fund income is recognized as revenue when realized by the trust and distributable to us. We are restricted from withdrawing any of the principal balances of these funds.

An enterprise is required to perform an analysis to determine whether the enterprise’s variable interest(s) give it a controlling financial interest in a VIE. This analysis identifies the primary beneficiary of a VIE as the enterprise that has both the power to direct the activities of the VIE that most significantly impact the entity’s economic performance and the obligation to absorb losses of the entity that could potentially be significant to the VIE or the right to receive benefits from the entity that could potentially be significant to the VIE. Our analysis continues to support our position as the primary beneficiary in the majority of our funeral and cemetery trust funds.

See Notes 7 and 8 to the Consolidated Financial Statements herein for additional information related to preneed and perpetual care trust funds.

Fair Value Measurements

In August 2018, the FASB amended “Fair Value Measurements” to modify the disclosure requirements related to fair value. The amendment removes requirements to disclose (1) the amount of and reasons for transfers between Levels 1 and 2 of the fair value hierarchy, (2) our policy related to the timing of transfers between levels, and (3) the valuation processes used in Level 3 measurements. It clarifies that the narrative disclosure of the effect of changes in Level 3 inputs should be based on changes that could occur at the reporting date. The amendment adds a requirement to disclose the range and weighted average of the significant unobservable inputs used in Level 3 measurements. We adopted the new standard as of January 1, 2020 and it had no impact on our consolidated results of operations, consolidated financial position, and cash flows.

We measure the securities held by our funeral merchandise and service, cemetery merchandise and service, and cemetery perpetual care trusts at fair value on a recurring basis in accordance with the Fair Value Measurements Topic of the ASC. This guidance defines fair value as the price that would be received in the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date for items that are recognized or disclosed at fair value in the financial statements on a recurring basis (at least annually). The guidance establishes a three-level valuation hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows:

• Level 1 — inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets;

• Level 2 — inputs to the valuation methodology include quoted prices for similar assets or liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument; and

• Level 3 — inputs to the valuation methodology are unobservable and significant to the fair value measurement.

We disclose the extent to which fair value is used to measure financial assets and liabilities, the inputs utilized in calculating valuation measurements, and the effect of the measurement of significant unobservable inputs on earnings, or changes in net assets, as of the measurement date. We currently do not have any assets that have fair values determined by Level 3 inputs and no liabilities measured at fair value. We have not elected to measure any additional financial instruments and certain other items at fair value that are not currently required to be measured at fair value.

In the ordinary course of business, we are typically exposed to a variety of market risks. Currently, these are primarily related to changes in fair market values related to outstanding debts and changes in the values of securities associated with the preneed and perpetual care trusts. Management is actively involved in monitoring exposure to market risk and developing and utilizing risk management techniques when appropriate and when available for a reasonable price.

See Notes 7 and 10 to the Consolidated Financial Statements herein for additional required disclosures related to fair value measurement of our financial assets and liabilities.

Capitalized Commissions on Preneed Contracts

We capitalize sales commissions and other direct selling costs related to preneed cemetery merchandise and services and preneed funeral trust contracts as these costs are incremental and recoverable costs of obtaining a contract with a customer. Our capitalized commissions on preneed contracts are amortized on a straight-line basis over the average maturity period of ten years for our preneed funeral trust contracts and eight years for our preneed cemetery merchandise and services contracts. Amortization expense totaled $0.6 million for each of the years ended December 31, 2018, 2019 and 2020.

The selling costs related to the sales of cemetery interment rights, which include real property and other costs related to cemetery development activities, continue to be expensed using the specific identification method in the period in which the sale of the cemetery interment right is recognized as revenue. The selling costs related to preneed funeral insurance contracts continue to be expensed in the period incurred as these contracts are not included on our Consolidated Balance Sheet.

See Note 11 to the Consolidated Financial Statements herein for additional information related to capitalized commissions on preneed contracts.

Property, Plant and Equipment

Property, plant and equipment (including equipment under finance leases) are stated at cost. The costs of ordinary maintenance and repairs are charged to operations as incurred, while renewals and major replacements that extend the useful economic life of the asset are capitalized. Depreciation of property, plant and equipment (including equipment under finance leases) is computed based on the straight-line method over the following estimated useful lives of the assets:


			Years
Buildings and improvements			15 to 40
Furniture and fixtures			5 to 10
Machinery and equipment			3 to 15
Automobiles			5 to 70

Property, plant and equipment is comprised of the following (in thousands):


	December 31, 2019		December 31, 2020
Land	$	84,608	$	82,615
Buildings and improvements	242,641		240,567
Furniture, equipment and automobiles	88,046		91,302
Property, plant and equipment, at cost	415,295		414,484
Less: accumulated depreciation	(136,095)		(145,433)
Property, plant and equipment, net	$	279,200	$	269,051

During 2020, we acquired $1.7 million of property, plant and equipment related to our acquisition that closed on January 3, 2020, described in Note 3 to the Consolidated Financial Statements included herein. In addition, we divested eight funeral homes that had a carrying value of property, plant and equipment of $8.0 million, which was included in the gain or loss on the sale of divestitures and recorded in Net loss on divestitures and impairment charges on our Consolidated Statements of Operations, described in Note 5 to the Consolidated Financial Statements included herein.

During 2019, we acquired $21.7 million of property, plant and equipment in connection with the funeral home and cemetery businesses we acquired during 2019. In addition, we ceased to operate three funeral homes whose building leases expired, sold a funeral home and merged a funeral home in an existing market that had a carrying value of property, plant and equipment of $0.6 million.

Our capital expenditures totaled $15.4 million and $15.2 million for the years ended December 31, 2019 and 2020, for property, plant, equipment and cemetery development. We recorded depreciation expense of $13.8 million, $13.8 million and $14.4 million for the years ended December 31, 2018, 2019 and 2020, respectively.

Long-lived assets, such as property, plant and equipment and right-of-use assets (see leases discussion below) are reviewed for impairment at least annually or whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable in accordance with ASC 360 – Property, Plant and Equipment. This guidance requires that long-lived assets to be held and used are reported at the lower of their carrying amount or fair value. We evaluate our long-lived assets for impairment when a funeral home or cemetery business has negative earnings before interest, taxes, depreciation and

amortization (“EBITDA”) for four consecutive years and if there has been a decline in EBITDA in that same period. Assets to be disposed of and assets not expected to provide any future service potential are recorded at the lower of their carrying amount or fair value less estimated cost to sell. If we determine that the carrying value is not recoverable from the proceeds of the sale, we record an impairment at that time.

In connection with the goodwill impairment recorded for the Eastern Region Reporting Unit during the quarter ended March 31, 2020 we also evaluated the long-lived assets of our funeral homes in the Eastern Region Reporting Unit and concluded that there was no impairment to our long-lived assets. Subsequent to our impairment tests performed at March 31, 2020, we did not identify any new factors or events that would trigger us to perform an additional assessment of our long-lived assets. For our 2020 annual impairment test, no impairment was identified on our long-lived assets at December 31, 2020.

For the year ended December 31, 2019, no impairment was identified on our long-lived assets. For the year ended December 31, 2018, we recorded an impairment of $0.2 million related to the real property of a funeral home that we divested, as the carrying value exceeded fair value.

Cemetery Property

When we acquire a cemetery, we utilize an internal and external approach to determine the fair value of the cemetery property. From an external perspective, we obtain an accredited appraisal to provide reasonable assurance for property existence, property availability (unrestricted) for development, property lines, available spaces to sell, identifiable obstacles or easements and general valuation inclusive of known variables in that market. From an internal perspective, we conduct a detailed analysis of the acquired cemetery property using other cemeteries in our portfolio as a benchmark. This provides the added benefit of relevant data that is not available to third party appraisers. Through this thorough internal process, the Company is able to identify viable costs of property based on historical experience, particular markets and demographics, reasonable margins, practical retail prices and park infrastructure and condition.

Cemetery property was $87.0 million and $101.1 million, net of accumulated amortization of $41.7 million and $46.6 million at December 31, 2019 and December 31, 2020, respectively. When cemetery property is sold, the value of the cemetery property (interment right costs) is expensed as amortization using the specific identification method in the period in which the sale of the interment right is recognized as revenue. We recorded amortization expense for cemetery interment rights of $3.6 million, $4.0 million and $5.0 million for the years ended December 31, 2018, 2019 and 2020, respectively.

Leases

We have operating and finance leases. We lease certain office facilities, certain funeral homes and equipment under operating leases with original terms ranging from one to nineteen years. Many leases include one or more options to renew, some of which include options to extend the leases for up to 26 years. We lease certain funeral homes under finance leases with original terms ranging from ten to forty years years. We do not have lease agreements with residual value guarantees, sale-leaseback terms, material restrictive covenants or related parties. We do not have any material sublease arrangements.

We determine if an arrangement is a lease at inception based on the facts and circumstances of the agreement. A right-of-use (“ROU”) asset represents our right to use the underlying asset for the lease term and the lease liability represents our obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized on our Consolidated Balance Sheet at the lease commencement date based on the present value of lease payments over the lease term. As our leases do not provide an implicit interest rate, we use our incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The lease terms used to calculate the ROU asset and related lease liability include options to extend the lease when it is reasonably certain that we will exercise that option. Lease expense for operating leases is recognized on a straight-line basis over the lease term as an operating expense, while the expense for finance leases is recognized as depreciation expense and interest expense using the accelerated interest method of recognition. Variable lease payment amounts that cannot be determined at the commencement of the lease such as increases in lease payments based on changes in index rates or usage, are not included in the ROU assets or liabilities. These are expensed as incurred and recorded as variable lease expense. We have real estate lease agreements which require payments for lease and non-lease components and account for these as a single lease component. Leases with an initial term of 12 months or less, that do not include an option to renew the underlying asset, are not recorded on our Consolidated Balance Sheet and expense is recognized on a straight-line basis over the lease term.

Operating lease ROU assets are included in Operating lease right-of-use assets and operating lease liabilities are included in Current portion of operating lease obligations and Obligations under operating leases, net of current portion on our Consolidated Balance Sheet. Finance lease ROU assets are included in Property, plant and equipment, net and finance lease liabilities are included in Current portion of finance lease obligations and Obligations under finance leases, net of current portion on our Consolidated Balance Sheet.

In connection with the goodwill and intangible impairment tests performed at March 31, 2020, we also evaluated the operating and finance leases of our funeral homes in the Eastern Reporting Unit and concluded that there was no impairment to our operating and finance lease assets. Subsequent to our impairment tests performed at March 31, 2020, we did not identify any new factors or events that would trigger us to perform an additional assessment of our operating and finance leases. See discussion of our impairment policy for long-lived assets and right-of-use assets above.

See Note 15 to the Consolidated Financial Statements included herein for additional information related to leases.

Equity Plans and Stock-Based Compensation

We have equity-based employee and director compensation plans under which we have granted stock awards, stock options and performance awards. We also have an employee stock purchase plan (the “ESPP”). We recognize compensation expense in an amount equal to the fair value of the stock-based awards expected to vest or to be purchased over the requisite service period. We recognize the effect of forfeitures in compensation cost when they occur and any previously recognized compensation cost for an award is reversed in the period that the award is forfeited.

Fair value is determined on the date of the grant. The fair value of stock awards is determined using the stock price on the grant date. The fair value of stock options is determined using the Black-Scholes valuation model. The fair value of the performance awards related to market performance conditions is determined using a Monte-Carlo simulation pricing model. The fair value of the ESPP is determined based on the discount element offered to employees and the embedded option element, which is determined using an option calculation model.

We recognize all excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) as income tax benefit or expense in the income statement. We treat the tax effects of exercised or vested awards as discrete items in the reporting period in which they occur. For the years ended December 31, 2018, 2019 and 2020, the excess tax deficiency related to share-based payments was approximately $0.8 million, $0.4 million and $0.1 million, respectively, recorded within Tax adjustment related to discrete items on our Consolidated Statements of Operations. Excess tax benefits or deficiencies related to share-based payments are included in operating cash flows on the Consolidated Statements of Cash Flows.

See Note 18 to the Consolidated Financial Statements included herein for additional information related to equity plans and stock-based compensation.

Revenue Recognition

Funeral and Cemetery Operations Revenue is recognized when control of the merchandise or services is transferred to the customer. Our performance obligations include the delivery of funeral and cemetery merchandise and services and cemetery property interment rights. Control transfers when merchandise is delivered or services are performed. For cemetery property interment rights, control transfers to the customer when the property is developed and the interment right has been sold and can no longer be marketed or sold to another customer. Sales taxes collected are recognized on a net basis on our Consolidated Financial Statements. On our atneed contracts, we generally deliver the merchandise and perform the services at the time of need.

Memorial services frequently include performance obligations to direct the service, provide facilities and motor vehicles, catering, flowers, and stationary products. All other performance obligations on these contracts, including arrangement, removal, preparation, embalming, cremation, interment, and delivery of urns and caskets and related memorialization merchandise are fulfilled at the time of need. Personalized marker merchandise and marker installation services sold on atneed contracts are recognized when control is transferred to the customer, generally when the marker is delivered and installed in the cemetery.

Some of our contracts with customers include multiple performance obligations. For these contracts, we allocate the transaction price to each performance obligation based on its relative standalone selling price, which is based on prices charged to customers per our general price list. Packages for service and ancillary items are offered to help the customer make decisions during emotional and stressful times. Package discounts are reflected net in Revenue. We recognize revenue when the merchandise is transferred or the service is performed, in satisfaction of the corresponding performance obligation. Sales taxes collected are recognized on a net basis on our Consolidated Financial Statements.

Ancillary funeral service revenue, which is recorded in Other revenue, represents revenue from our flower shop, pet cremation and online cremation businesses in Texas.

The earnings from our preneed trust investments, as well as trust management fees charged by our wholly-owned registered investment advisory firm (“CSV RIA”) are recorded in Other revenue. As of December 31, 2020, CSV RIA provided investment management and advisory services to approximately 80% of our trust assets, for a fee based on the market value of

trust assets. Under state trust laws, we are allowed to charge the trust a fee for advising on the investment of the trust assets and these fees are recognized as income in the period in which services are provided.

Balances due on undelivered preneed funeral trust contracts have been reclassified to reduce Deferred preneed funeral revenue on our Consolidated Balance Sheet of $8.9 million and $8.2 million at December 31, 2019 and December 31, 2020, respectively. As these performance obligations are to be completed after the date of death, we cannot quantify the recognition of revenue in future periods. However, we estimate an average maturity period of ten years for preneed funeral contracts.

Balances due from customers on delivered preneed cemetery contracts are included in Accounts receivable, net and Preneed cemetery receivables, net on our Consolidated Balance Sheet. Balances due on undelivered preneed cemetery contracts have been reclassified to reduce Deferred preneed cemetery revenue on our Consolidated Balance Sheet. The transaction price allocated to preneed merchandise and service performance obligations that were unfulfilled was $4.8 million and $7.9 million at December 31, 2019 and December 31, 2020, respectively. As these performance obligations are to be completed after the date of death, we cannot quantify the recognition of revenue in future periods. However, we estimate an average maturity period of eight years for preneed cemetery contracts.

See Notes 21 to the Consolidated Financial Statements herein for additional information related to revenue.

Income Taxes

We and our subsidiaries file a consolidated U. S. federal income tax return, separate income tax returns in 15 states and combined or unitary income tax returns in 14 states. We record deferred taxes for temporary differences between the tax basis and financial reporting basis of assets and liabilities. We classify our deferred tax liabilities and assets as non-current on our Consolidated Balance Sheet.

We record a valuation allowance to reflect the estimated amount of deferred tax assets for which realization is uncertain. Management reviews the valuation allowance at the end of each quarter and makes adjustments if it is determined that it is more likely than not that the tax benefits will be realized.

We analyze tax benefits for uncertain tax positions and how they are to be recognized, measured, and derecognized in the financial statements; provide certain disclosures of uncertain tax matters; and specify how reserves for uncertain tax positions should be classified on our Consolidated Balance Sheet.

The recently passed Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) has certain provisions that are applicable to the Company as follows:

(i) allowing net operating losses (“NOLs”) arising in 2018, 2019 and 2020 to be carried back five years;

(ii) increasing the taxable income threshold on the interest deduction from 30% to 50% for tax years beginning in 2019 and 2020;

(iii) suspending payment requirements for the 6.2% employer portion of Social Security taxes from the date of enactment through the end of 2020, with half the balance due by the end of 2021, and the other half due by the end of 2022; and

(iv) our ability to receive employee retention credits up to $5,000 for paying wages to employees who are unable to work, while business operations are suspended.

In connection with the CARES Act, we filed a claim for a refund on June 30, 2020, to carryback the NOLs generated in the tax year ended December 31, 2018. The refund claim from the 2018 tax year was received on August 7, 2020. An additional carryback claim for a refund was filed on November 3, 2020 for the tax year ended December 31, 2019. The refund from this filing has not yet been received. On December 4, 2020, Carriage filed an amended federal return for the tax year ended December 31, 2018, in order to take full advantage of the CARES Act legislative changes. The changes reported in the amended return resulted in additional $2.3 million of loss. The additional losses generated from the amended filing will be administratively carried back and processed as part of the Joint Committee review of the 2018 carryback claim.

The majority of the NOLs generated in tax years 2018 and 2019 are the result of filing non-automatic accounting method changes relating to the recognition of revenue from our cemetery property and merchandise and services sales. Due to the uncertainty of the timing of receiving Internal Revenue Service (“IRS”) approval of the method change applications, a reserve has been recorded against the net cash tax benefit derived from carrying back the NOLs generated to tax years in which the enacted federal rate was 35%. The Company's unrecognized tax benefit reserve for the years ended December 31, 2019 and 2020 was $0.7 million and $3.7 million, respectively. There was no reserve recorded at December 31, 2018.

Additional benefits stemming from the CARES Act are the deferral of approximately $3.5 million of the 6.2% employer portion of Social Security taxes and approximately $0.4 million employer retention credits for qualifying wages paid to employees unable to work due to governmental restrictions.

See Note 17 to the Consolidated Financial Statements included herein for additional information related to income taxes.

Computation of Earnings Per Common Share

Basic earnings per share is computed using the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed using the weighted average number of common and dilutive common equivalent shares outstanding during the period. Dilutive common equivalent shares consist of stock options and our Convertible Notes (as defined in Note 13).

Share-based awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are recognized as participating securities and included in the computation of both basic and diluted earnings per share. Our grants of stock awards to our employees are considered participating securities, and we have prepared our earnings per share calculations attributable to common stockholders to exclude earnings allocated to unvested restricted stock awards, using the two-class method, in both the basic and diluted weighted average shares outstanding calculation.

The fully diluted weighted average shares outstanding for the years ended December 31, 2018, 2019 and 2020, and the corresponding calculation of fully diluted earnings per share, included 337,000, 10,000 and 9,000 shares that would have been issued upon the conversion of our Convertible Notes as a result of the application of the if-converted method prescribed by the FASB ASC 260.

See Note 20 to the Consolidated Financial Statements included herein related to the computation of per share earnings.

Correction of Immaterial Error

During the fourth quarter of 2020, we corrected an immaterial error related to the net unrealized gains and losses associated with our trust investments. We previously recognized the net unrealized gains and losses associated with our trust investments in Accumulated other comprehensive income (“OCI”). In accordance with ASC 810, the fair value of our trust fund assets are accounted for as CFEs. We have determined the fair value of the financial assets of the trust is more observable and we first measure those financial assets at fair value. Our fair value of the financial liabilities mirror the fair value of the financial assets, in accordance with the ASC. Any changes in fair value are recognized in earnings. As such, we have made the adjustment to reflect changes in unrealized gains and losses related to our trust securities in Other, net on our Consolidated Statements of Operations.

The net unrealized gains and losses in our Preneed cemetery trust investments, Preneed funeral trust investments and Cemetery perpetual care trust investments are equally offset by the net unrealized gains and losses in our Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus, which results in a net impact of zero.

Management evaluated the effect of the adjustment on previously issued interim and annual Consolidated Financial Statements and concluded that it was immaterial to the interim and annual periods. This adjustment had no impact on our Consolidated Balance Sheet, Consolidated Statements of Operations and Consolidated Statements of Cash Flows for the years ended December 31, 2018 and 2019.

Subsequent Events

We have evaluated events and transactions during the period subsequent to December 31, 2020 through the date the financial statements were issued for potential recognition or disclosure in the accompanying financial statements covered by this report.

Recently Issued Accounting Standards	12 Months Ended
Recently Issued Accounting Standards	Dec. 31, 2020
Accounting Changes and Error Corrections [Abstract]
RECENTLY ISSUED ACCOUNTING STANDARDS	RECENTLY ISSUED ACCOUNTING STANDARDS Fair Value Measurements In August 2018, the FASB issued ASU, Fair Value Measurements (“Topic 820”) to modify the disclosure requirements related to fair value. The amendment removes requirements to disclose (1) the amount of and reasons for transfers between levels 1 and 2 of the fair value hierarchy, (2) our policy related to the timing of transfers between levels, and (3) the valuation processes used in level 3 measurements. It clarifies that, for investments measured at net asset value, disclosure of liquidation timing is only required if the investee has communicated the timing either to us or publicly. It also clarifies that the narrative disclosure of the effect of changes in level 3 inputs should be based on changes that could occur at the reporting date. The amendment adds a requirement to disclose the range and weighted average of the significant unobservable inputs used in level 3 measurements. On January 1, 2020, we adopted the new standard and the impact was not material our Consolidated Financial Statements. Financial Instruments - Credit Losses On January 1, 2020, we adopted Topic 326 using the modified retrospective method and the impact was not material to our Consolidated Financial Statements. See Notes 6 and 7 to the Consolidated Financial Statements herein for additional disclosures required by Topic 326. Income Taxes In December 2019, the FASB issued ASU, Income Taxes (“Topic 740”). The amendments in this ASU simplify the accounting for income taxes by removing certain exceptions such as (1) exception to the incremental approach for intraperiod tax allocation when there is a loss from continuing operations and income or a gain from other items (for example, discontinued operations or other comprehensive income) and (2) exception to the general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. In addition, the ASU allows for the following (1) requiring that an entity recognize a franchise tax (or similar tax) that is partially based on income as an income-based tax and account for any incremental amount incurred as a non-income-based tax, (2) requiring that an entity evaluate when a step up in the tax basis of goodwill should be considered part of the business combination in which the book goodwill was originally recognized and when it should be considered a separate transaction, (3) requiring that an entity reflect the effect of an enacted change in tax laws or rates in the annual effective tax rate computation in the interim period that includes the enactment date and (4) making minor codification improvements for income taxes related to employee stock ownership plans accounted for using the equity method. On January 1, 2020, we early adopted the provisions of this ASU using the prospective method and the impact was not material to our Consolidated Financial Statements. Accounting Pronouncements Not Yet Adopted Reference Rate Reform In March 2020, the FASB issued ASU, Reference Rate Reform (“Topic 848”) to provide optional guidance for a limited time to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts and hedging relationships that reference London InterBank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued due to reference rate reform. These amendments are effective immediately and may be applied prospectively to contract modifications made and hedging relationships entered into or evaluated on or before December 31, 2022. The Company did not utilize the optional expedients and exceptions provided by this ASU during the year ended December 31, 2020.

Acquisitions

12 Months Ended

Dec. 31, 2020

Business Combinations [Abstract]

ACQUISITIONS

On January 3, 2020, we acquired one funeral home and cemetery combination business in Lafayette, California for $33.0 million in cash, of which $5.0 million was deposited in escrow in 2019 and $28.0 million was paid at closing in 2020. We acquired substantially all of the assets and assumed certain operating liabilities of these businesses.

The pro forma impact of this acquisition on prior periods is not presented, as the impact is not significant to our reported results. The results of the acquired business are reflected on our Consolidated Statements of Operations from the date of acquisition.

Subsequent to our initial purchase price allocation for this acquisition made during the first quarter of 2020, we have adjusted our purchase price allocation based on additional information which became available prior to December 31, 2020.

The following table summarizes the breakdown of the purchase price allocation for our 2020 acquisition (in thousands):


	Initial Purchase Price Allocation		Adjustments		Adjusted Purchase Price Allocation
Current assets	$	2,662	$	108	$	2,770
Trust investments	9,089		—		9,089
Property, plant & equipment	1,720		—		1,720
Cemetery property	14,753		82		14,835
Goodwill	12,916		500		13,416
Intangible and other non-current assets	2,506		(628)		1,878
Assumed liabilities	(489)		$	—	$	(489)
Deferred tax liability	(527)		(5)		(532)
Trust liabilities	(9,089)		—		(9,089)
Deferred revenue	(541)		(57)		(598)
Purchase price	$	33,000	$	—	$	33,000

The current assets primarily relate to preneed cemetery receivables. The intangible and other non-current assets primarily relate to the fair value of tradenames. The assumed liabilities primarily relate to the obligations associated with delivered preneed merchandise that were not paid for prior to acquisition. The goodwill recorded for our 2020 acquisition is expected to be deductible for tax purposes. As of December 31, 2020, our accounting for our 2020 acquisition is complete.

On October 9, 2019, we acquired four funeral home businesses in Buffalo, New York for $15.3 million in cash. On October 28, 2020, we acquired one funeral home and cemetery combination business, three funeral home businesses and three ancillary service businesses, which consist of a flower shop, a pet cremation business and an online cremation business, in the Rockwall, Texas area for $23.6 million in cash.

On December 31, 2019, pursuant to the Transactions Agreement dated November 25, 2019 with Calvary Memorial Park, Inc. and Fairfax Memorial Funeral Home, LLC, all of the outstanding equity interests of one funeral and cemetery combination business in Fairfax, Virginia were acquired for $102.0 million in cash.

The following table summarizes the fair value of the assets acquired for our 2020 acquisition (in thousands):


Acquisition Date	Type of Business	Market	Assets Acquired (Excluding Goodwill)		Goodwill Recorded		Liabilities and Debt Assumed
January 3, 2020	One Funeral Home and Cemetery Combination	Lafayette, CA	$	30,292	$	13,416	$	(10,708)

We recorded adjustments to the purchase price allocation for our 2019 acquisitions during the year ended December 31, 2020. The following table summarizes the breakdown of the purchase price allocation for these businesses and the subsequent adjustments made based on additional information which became available subsequent to the acquisitions (in thousands):


	Initial Purchase Price Allocation		Adjustments		Adjusted Purchase Price Allocation
Current assets	$	1,482	$	204	$	1,686
Trust investments	15,891		—		15,891
Property, plant & equipment	21,680		—		21,680
Cemetery property	11,994		(45)		11,949
Goodwill	99,344		638		99,982
Intangible and other non-current assets	8,269		(1,480)		6,789
Assumed liabilities	(657)		(145)		(802)
Trust liabilities	(15,463)		—		(15,463)
Deferred revenue	(1,633)		992		(641)
Purchase price	$	140,907	$	164	$	141,071

During the year ended December 31, 2020, we paid an additional $164,000 for our acquisition of the cemetery business in Fairfax, Virginia to reimburse the sellers for certain incremental taxes resulting from the 338(h)(10) election under the Internal Revenue Code. We also received $153,000 in cash related to the closing of all operating bank accounts in place prior to the acquisition. The goodwill recorded for our 2019 acquisitions is expected to be deductible for tax purposes. As of December 31, 2020, our accounting for our 2019 acquisitions is complete.

The following table summarizes the fair value of the assets acquired for our 2019 acquisitions based on our final purchase price allocation (in thousands):


Acquisition Date	Type of Business	Market	Assets Acquired (Excluding Goodwill)		Goodwill Recorded		Liabilities and Debt Assumed
October 9, 2019	Four Funeral Homes	Buffalo, NY	$	7,942	$	7,340	$	—
October 28, 2019	One Funeral Home and Cemetery Combination, Three Funeral Homes and Three Ancillary Businesses	Rockwall, TX	$	15,878	$	14,226	$	(6,479)
December 31, 2019	One Funeral Home and Cemetery Combination	Fairfax, VA	$	34,175	$	78,416	$	(10,427)

Goodwill

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

Many of the former owners and staff of our acquired funeral homes and certain cemeteries have provided high quality service to families for generations, which often represents a substantial portion of the value of a business. The excess of the purchase price over the fair value of identifiable net assets of funeral home businesses and cemeteries acquired is recorded as goodwill.

Our goodwill has an indefinite life and is not subject to amortization. As such, we test goodwill for impairment on an annual basis as of August 31st each year. In addition to our annual test, we assess the impairment of goodwill whenever events or changes in circumstances indicate that the carrying value of a reporting unit may be greater than fair value. Factors that could trigger an interim impairment review include, but are not limited to, significant negative industry or economic trends and significant adverse changes in the business climate, which may be indicated by a decline in our market capitalization or decline in operating results.

As a result of economic conditions caused by COVID-19, we performed a quantitative assessment of our goodwill at March 31, 2020 and we recorded an impairment to goodwill of $13.6 million during the quarter ended March 31, 2020 recorded in Net loss on divestitures and impairment charges, as the carrying amount of our funeral homes in the Eastern Region Reporting Unit exceeded the fair value.

For our 2020 annual impairment test, we performed a qualitative assessment and determined that there was no additional impairment to goodwill as the fair value of our reporting units was greater than the carrying value.

The following table presents changes in goodwill in the accompanying Consolidated Balance Sheet (in thousands):


	December 31, 2019		December 31, 2020
Goodwill at the beginning of year	$	303,887	$	398,292
Net increase in goodwill related to acquisitions	99,344		14,054
Decrease in goodwill related to divestitures	(4,197)		(5,736)
Decrease in goodwill related to impairments	(742)		(13,632)
Goodwill at the end of the year	$	398,292	$	392,978

During the year ended December 31, 2020, we recognized $14.1 million in goodwill related to our acquisitions; $10.4 million was allocated to our cemetery segment and $3.7 million was allocated to our funeral home segment.

In addition, we allocated $5.7 million of goodwill to the sale of five funeral homes for a loss recorded in Net loss on divestitures and impairment charges. Goodwill is only allocated to the sale if the set is considered to be a business. When we divest a portion of a reporting unit that constitutes a business in accordance with U.S. GAAP, we allocate goodwill associated with that business to be included in the gain or loss on divestiture. When divesting a business, goodwill is allocated based on the relative fair values of the business being divested and the portion of the reporting unit that will be retained.

During the year ended December 31, 2019, we recognized $99.3 million in goodwill related to our acquisitions; $36.9 million was allocated to our cemetery segment and $62.4 million was allocated to our funeral home segment.

In addition, we allocated $4.2 million of goodwill to the sale of a funeral home for a loss recorded in Net loss on divestitures and impairment charges. We also recorded a goodwill impairment of $0.7 million during 2019 related to two funeral homes that we divested which was recorded as a loss in Net loss on divestitures and impairment charges.

See Notes 1, 3 and 5 to the Consolidated Financial Statements included herein, for a discussion of the methodology used for our annual goodwill impairment test and a discussion of our acquisitions and divestitures, respectively.

Divested Operations

12 Months Ended

Dec. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Divested Operations

DIVESTED OPERATIONS

The operating results of these divested funeral homes and cemeteries are reflected on our Consolidated Statements of Operations as shown in the table below (in thousands):


	Years Ended December 31,
	2018		2019		2020
Revenue	$	4,712	$	805	$	2,643

Operating income (loss)	1,130		(569)		159
Net loss on divestitures(1)	(349)		(3,883)		(6,749)
Income tax benefit (expense)	(246)		1,288		2,135
Net income (loss) from divested operations, after tax	$	535	$	(3,164)	$	(4,455)



(1)			Net loss on divestitures is recorded in Net loss on divestitures and impairment charges on our Consolidated Statements of Operations.

Receivables

12 Months Ended

Dec. 31, 2020

Preneed Cemetery Receivables [Abstract]

RECEIVABLES

Accounts Receivable

Accounts receivable is comprised of the following (in thousands):


	December 31, 2020
	Funeral		Cemetery		Corporate		Total
Trade and financed receivables	$	11,448	$	12,230	$	—	$	23,678
Other receivables	367		2,144		201		2,712
Allowance for credit losses	(327)		(960)		—		(1,287)
Accounts receivable, net	$	11,488	$	13,414	$	201	$	25,103


	December 31, 2019
	Funeral		Cemetery		Corporate		Total
Trade and financed receivables	$	10,046	$	10,508	$	—	$	20,554
Other receivables	935		157		681		1,773
Allowance for bad debt	(223)		(626)		—		(849)
Accounts receivable, net	$	10,758	$	10,039	$	681	$	21,478

Other receivables include supplier rebates, commissions due from third party insurance companies and perpetual care income receivables. We do not provide an allowance for credit losses for these receivables as we have historically not had any collectability issues nor do we expect any in the foreseeable future.

The following table summarizes the activity in our allowance for credit losses by portfolio segment for the year ended December 31, 2020 (in thousands):


	January 1, 2020		Provision for Credit Losses		Allowance Recorded at Acquisition		Write Offs		Recoveries		December 31, 2020
Trade and financed receivables:
Funeral	$	(223)	$	(1,142)	$	—	$	2,115	$	(1,077)	$	(327)
Cemetery	(626)		(475)		(193)		334		—		(960)
Total allowance for credit losses on Trade and financed receivables	$	(849)	$	(1,617)	$	(193)	$	2,449	$	(1,077)	$	(1,287)

As noted in Note 3, we acquired preneed cemetery receivables in connection with the funeral home and cemetery combination business in Lafayette, California acquired on January 3, 2020. We recorded an allowance for credit losses of $0.4 million on these acquired receivables ($0.2 million current portion shown above in Accounts receivable, net and $0.2 million non-current portion shown below in Preneed cemetery receivables, net as noted in the respective allowance rollforward tables under Allowance Recorded at Acquisition). We accounted for the allowance for credit losses on these purchased financed assets using specific identification as these assets have a unique set of risk characteristics. For these specifically identified receivables, we determined the allowance to be 60% of the face value.

Bad debt expense for accounts receivable totaled $1.1 million for both the years ended December 31, 2018 and 2019.

Preneed Cemetery Receivables

Our preneed cemetery receivables are comprised of the following (in thousands):


	December 31, 2019		December 31, 2020
Cemetery interment rights	$	31,366	$	36,696
Cemetery merchandise and services	9,950		10,526
Cemetery financed receivables	$	41,316	$	47,222

The components of our preneed cemetery receivables are as follows (in thousands):


	December 31, 2019		December 31, 2020
Preneed cemetery receivables	$	41,316	$	47,222
Less: unearned finance charges	(4,522)		(4,348)
Preneed cemetery receivables, at amortized cost	$	36,794	$	42,874
Less: allowance for bad debt and credit losses	(1,916)		(2,604)
Less: balances due on undelivered cemetery preneed contracts	(4,823)		(7,919)
Less: amounts in accounts receivable	(9,882)		(11,270)
Preneed cemetery receivables, net	$	20,173	$	21,081

The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net for the year ended December 31, 2020 (in thousands):


	January 1, 2020		Provision for Credit Losses		Allowance Recorded at Acquisition		Write Offs		December 31, 2020
Total allowance for credit losses on Preneed cemetery receivables, net	$	(1,290)	$	(701)	$	(171)	$	518	$	(1,644)

Bad debt expense for our preneed receivables totaled $0.7 million and $0.5 million for the years ended December 31, 2018 and 2019, respectively.

The amortized cost basis of our preneed cemetery receivables by year of origination as of December 31, 2020 is as follows (in thousands):


	2020		2019		2018		2017		2016		Prior		Total
Total preneed cemetery receivables, at amortized cost	$	20,056	$	10,593	$	5,820	$	3,387	$	1,431	$	1,587	$	42,874

The aging of past due preneed cemetery receivables as of December 31, 2020 is as follows (in thousands):


	31-60 Past Due		61-90 Past Due		91-120 Past Due		>120 Past Due		Total Past Due		Current		Total Financing Receivables
Recognized revenue	$	759	$	348	$	174	$	1,763	$	3,044	$	32,219	$	35,263
Deferred revenue	220		130		42		557		949		11,010		11,959
Total contracts	$	979	$	478	$	216	$	2,320	$	3,993	$	43,229	$	47,222

The aging of past due preneed cemetery receivables as of December 31, 2019 is as follows (in thousands):


	31-60 Past Due		61-90 Past Due		91-120 Past Due		>120 Past Due		Total Past Due		Current		Total Financing Receivables
Recognized revenue	$	745	$	392	$	148	$	1,209	$	2,494	$	28,382	$	30,876
Deferred revenue	219		121		147		302		789		9,651		10,440
Total contracts	$	964	$	513	$	295	$	1,511	$	3,283	$	38,033	$	41,316

Trust Investments

12 Months Ended

Dec. 31, 2020

Preneed Trust Investments [Abstract]

PRENEED TRUST INVESTMENTS

TRUST INVESTMENTS

Preneed trust investments represent trust fund assets that we are generally permitted to withdraw as the services and merchandise are provided to customers. Preneed funeral and cemetery contracts are secured by payments from customers, less amounts not required by law to be deposited into trust. These earnings are recognized in Other revenue on the Consolidated Statements of Operations, when a service is performed or merchandise is delivered. Trust management fees charged by CSV RIA are included as revenue in the period in which they are earned. Our investments are diversified across multiple industry segments using a balanced allocation strategy to minimize long-term risk. We do not intend to sell and it is likely that we will not be required to sell the securities prior to their anticipated recovery.

Cemetery perpetual care trust investments represent a portion of the proceeds from the sale of cemetery property interment rights which we are required by various state laws to deposit into perpetual care trust funds. The income earned from these perpetual care trusts offsets maintenance expenses for cemetery property and memorials. This trust fund income is recognized in Other revenue.

Where quoted prices are available in an active market, investments held by the trusts are classified as Level 1 investments pursuant to the three-level valuation hierarchy. Our Level 1 investments include cash, U.S. treasury debt, common stock and equity mutual funds. Where quoted market prices are not available for the specific security, then fair values are estimated by using quoted prices of similar securities in active markets or inputs other than quoted prices that can corroborate observable market data. These investments are fixed income securities, including foreign debt, corporate debt, preferred stocks, mortgage-backed securities and fixed income mutual funds and other investments, all of which are classified within Level 2 of the valuation hierarchy. We review and update our fair value hierarchy classifications quarterly. See Note 10 to the Consolidated Financial Statements included herein for further information of the fair value measurement.

Changes in the fair value of our trust fund assets (Preneed funeral, cemetery and perpetual care trust investments) are offset by changes in the fair value of our trust fund liabilities (Deferred preneed funeral and cemetery receipts held in trust and Care trusts’ corpus) and reflected in Other, net. There is no impact on earnings until such time the services are performed or the merchandise is delivered, causing the contract to be withdrawn from the trust in accordance with state regulations and the gain or loss is allocated to the contract.

For fixed income securities in an unrealized loss position, we first assess whether we intend to sell or it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security's amortized cost basis is written down to fair value through income. For fixed income securities that do not meet the aforementioned criteria, we evaluate whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If our assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any unrealized loss that has not been recorded through an allowance for credit losses is recognized in other comprehensive income.

We rely on our trust investments to provide funding for the various contractual obligations that arise upon maturity of the underlying preneed contracts. Because of the long-term relationship between the establishment of trust investments and the required performance of the underlying contractual obligations, the impact of current market conditions that may exist at any given time is not necessarily indicative of our ability to generate profit on our future performance obligations.

Preneed Cemetery Trust Investments

The components of Preneed cemetery trust investments on our Consolidated Balance Sheet are as follows (in thousands):


	December 31, 2019		December 31, 2020
Preneed cemetery trust investments, at market value	$	74,572	$	89,081
Less: allowance for contract cancellation	(2,190)		(2,477)
Preneed cemetery trust investments	$	72,382	$	86,604

The cost and fair market values associated with preneed cemetery trust investments at December 31, 2020 are detailed below (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	1,859	$	—	$	—	$	1,859
Fixed income securities:

Foreign debt	2	15,953		2,083		(702)		17,334
Corporate debt	2	14,856		1,820		(358)		16,318
Preferred stock	2	11,886		980		(336)		12,530
Mortgage-backed securities	2	272		—		(159)		113
Common stock	1	30,253		7,642		(6,601)		31,294
Mutual funds:
Fixed Income	2	7,494		1,331		(185)		8,640
Trust securities		$	82,573	$	13,856	$	(8,341)	$	88,088
Accrued investment income		$	993					$	993
Preneed cemetery trust investments								$	89,081
Market value as a percentage of cost								106.7%

The estimated maturities of the fixed income securities (excluding mutual funds) included above are as follows (in thousands):


Due in one year or less	$	—
Due in one to five years	11,727
Due in five to ten years	9,810
Thereafter	24,758
Total fixed income securities	$	46,295

The cost and market values associated with preneed cemetery trust investments at December 31, 2019 are detailed below (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	5,729	$	—	$	—	$	5,729
Fixed income securities:

Foreign debt	2	5,609		312		(243)		5,678
Corporate debt	2	16,916		1,044		(649)		17,311
Preferred stock	2	14,206		904		(164)		14,946
Mortgage-backed securities	2	517		—		(114)		403
Common stock	1	28,569		2,766		(3,017)		28,318
Mutual funds:
Fixed Income	2	1,463		72		(85)		1,450
Trust Securities		$	73,009	$	5,098	$	(4,272)	$	73,835
Accrued investment income		$	737					$	737
Preneed cemetery trust investments								$	74,572
Market value as a percentage of cost								101.1%

The following table summarized our fixed income securities (excluding mutual funds) within our preneed cemetery trust investments in an unrealized loss position at December 31, 2020, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):


	December 31, 2020
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	2,517	$	(57)	$	371	$	(645)	$	2,888	$	(702)
Corporate debt	784		(99)		542		(259)		1,326		(358)
Preferred stock	709		(118)		4,049		(218)		4,758		(336)
Mortgage-backed securities	—		—		112		(159)		112		(159)





Total fixed income securities with an unrealized loss	$	4,010	$	(274)	$	5,074	$	(1,281)	$	9,084	$	(1,555)

The following table summarized our fixed income securities within our preneed cemetery trust investments in an unrealized loss position at December 31, 2019, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):


	December 31, 2019
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:

Foreign debt	$	268	$	(42)	$	758	$	(201)	$	1,026	$	(243)
Corporate debt	1,368		(168)		4,520		(481)		5,888		(649)
Preferred stock	4,135		(164)		—		—		4,135		(164)
Mortgage-backed securities	—		—		402		(114)		402		(114)



Total fixed income securities with an unrealized loss	$	5,771	$	(374)	$	5,680	$	(796)	$	11,451	$	(1,170)

Preneed cemetery trust investment security transactions recorded in Other, net on our Consolidated Statements of Operations are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Investment income	$	1,596	$	1,743	$	2,175
Realized gains	4,546		6,353		8,922
Realized losses	(5,817)		(4,677)		(5,090)
Unrealized gains (losses), net	(6,610)		826		5,515
Expenses and taxes	(907)		(1,313)		(1,354)
Net change in deferred preneed cemetery receipts held in trust	7,192		(2,932)		(10,168)
	$	—	$	—	$	—

Purchases and sales of investments in the preneed cemetery trusts are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Purchases	$	(27,006)	$	(40,984)	$	(48,824)
Sales	39,180		29,635		41,178

Preneed Funeral Trust Investments

Preneed funeral trust investments represent trust fund assets that we are permitted to withdraw as services and merchandise are provided to customers. Preneed funeral contracts are secured by payments from customers, less retained amounts not required to be deposited into trust.

The components of Preneed funeral trust investments on our Consolidated Balance Sheet are as follows (in thousands):


	December 31, 2019		December 31, 2020
Preneed funeral trust investments, at market value	$	99,246	$	104,166
Less: allowance for contract cancellation	(2,911)		(2,931)
Preneed funeral trust investments	$	96,335	$	101,235

The cost and fair market values associated with preneed funeral trust investments at December 31, 2020 are detailed below (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	18,478	$	—	$	—	$	18,478
Fixed income securities:

U. S. treasury debt	1	819		6		—		825
Foreign debt	2	15,144		2,018		(634)		16,528
Corporate debt	2	13,292		1,638		(310)		14,620
Preferred stock	2	10,944		900		(298)		11,546
Mortgage-backed securities	2	293		1		(155)		139
Common stock	1	28,327		7,364		(6,052)		29,639
Mutual funds:

Fixed income	2	6,475		1,198		(121)		7,552
Other investments	2	3,928		—		—		3,928
Trust securities		$	97,700	$	13,125	$	(7,570)	$	103,255
Accrued investment income		$	911					$	911
Preneed funeral trust investments								$	104,166
Market value as a percentage of cost								105.7%

The estimated maturities of the fixed income securities (excluding mutual funds) included above are as follows (in thousands):


Due in one year or less	$	825
Due in one to five years	11,103
Due in five to ten years	8,615
Thereafter	23,115
Total fixed income securities	$	43,658

The cost and market values associated with preneed funeral trust investments at December 31, 2019 are detailed below (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	24,160	$	—	$	—	$	24,160
Fixed income securities:
U.S. treasury debt	1	822		—		—		822

Foreign debt	2	5,587		309		(232)		5,664
Corporate debt	2	16,109		992		(646)		16,455
Preferred stock	2	14,094		874		(198)		14,770
Mortgage-backed securities	2	585		—		(117)		468
Common stock	1	27,652		2,773		(2,869)		27,556
Mutual funds:
Equity	1	772		617		(4)		1,385
Fixed income	2	4,364		107		(107)		4,364
Other investments	2	2,902		—		—		2,902
Trust securities		$	97,047	$	5,672	$	(4,173)	$	98,546
Accrued investment income		$	700					$	700
Preneed funeral trust investments								$	99,246
Market value as a percentage of cost								101.5%

The following table summarized our fixed income securities (excluding mutual funds) within our preneed funeral trust investment in an unrealized loss position at December 31, 2020, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):


	December 31, 2020
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:


Foreign debt	$	2,225	$	(55)	$	337	$	(579)	$	2,562	$	(634)
Corporate debt	763		(96)		528		(214)		1,291		(310)
Preferred stock	506		(87)		3,942		(211)		4,448		(298)
Mortgage-backed securities	—		—		111		(155)		111		(155)





Total fixed income securities with an unrealized loss	$	3,494	$	(238)	$	4,918	$	(1,159)	$	8,412	$	(1,397)

The following table summarized our fixed income securities within our preneed funeral trust investment in an unrealized loss position at December 31, 2019, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):


	December 31, 2019
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:


Foreign debt	$	274	$	(43)	$	723	$	(189)	$	997	$	(232)
Corporate debt	1,403		(172)		4,433		(474)		5,836		(646)
Preferred stock	4,412		(198)		—		—		4,412		(198)
Mortgage-backed securities	—		—		439		(117)		439		(117)




Total fixed income securities with an unrealized loss	$	6,089	$	(413)	$	5,595	$	(780)	$	11,684	$	(1,193)

Preneed funeral trust investment security transactions recorded in Other, net on our Consolidated Statements of Operations are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Investment income	$	1,623	$	1,753	$	1,907
Realized gains	6,662		6,214		9,441
Realized losses	(5,882)		(4,612)		(4,677)
Unrealized gains (losses), net	(6,727)		1,499		5,555
Expenses and taxes	(885)		(1,129)		(878)
Net change in deferred preneed funeral receipts held in trust	5,209		(3,725)		(11,348)
	$	—	$	—	$	—

Purchases and sales of investments in the preneed funeral trusts are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Purchases	$	(28,264)	$	(38,984)	$	(47,315)
Sales	39,955		29,983		43,270

Cemetery Perpetual Care Trust Investments

Care trusts’ corpus on our Consolidated Balance Sheet represent the corpus of those trusts plus undistributed income. The components of Care trusts’ corpus are as follows (in thousands):


	December 31, 2019		December 31, 2020
Cemetery perpetual care trust investments, at market value	$	64,047	$	70,828
Obligations due from trust	(631)		(1,121)
Care trusts’ corpus	$	63,416	$	69,707

The following table reflects the cost and fair market values associated with the trust investments held in perpetual care trust funds at December 31, 2020 (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	686	$	—	$	—	$	686
Fixed income securities:
Foreign debt	2	12,539		1,641		(582)		13,598
Corporate debt	2	11,684		1,506		(240)		12,950
Preferred stock	2	10,444		819		(355)		10,908
Mortgage-backed securities	2	206		—		(121)		85
Common stock	1	23,662		6,108		(5,255)		24,515
Mutual funds:

Fixed income	2	6,444		1,054		(220)		7,278
Trust securities		$	65,665	$	11,128	$	(6,773)	$	70,020
Accrued investment income		$	808					$	808
Cemetery perpetual care investments								$	70,828
Market value as a percentage of cost								106.6%

The estimated maturities of the fixed income securities (excluding mutual funds) included above are as follows (in thousands):


Due in one year or less	$	—
Due in one to five years	8,819
Due in five to ten years	7,789
Thereafter	20,933
Total fixed income securities	$	37,541

The following table reflects the cost and market values associated with the trust investments held in perpetual care trust funds at December 31, 2019 (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	4,624	$	—	$	—	$	4,624
Fixed income securities:

Foreign debt	2	4,200		238		(175)		4,263
Corporate debt	2	11,658		802		(534)		11,926
Preferred stock	2	10,782		666		(106)		11,342
Mortgage-backed securities	2	324		—		(71)		253
Common stock	1	21,594		3,399		(1,911)		23,082
Mutual funds:
Equity	1	233		146		(1)		378
Fixed income	2	7,156		618		(107)		7,667
Trust securities		$	60,571	$	5,869	$	(2,905)	$	63,535
Accrued investment income		$	512					$	512
Cemetery perpetual care investments								$	64,047
Market value as a percentage of cost								104.9		%

The following table summarized our fixed income securities (excluding mutual funds) within our perpetual care trust investment in an unrealized loss position at December 31, 2020, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):


	December 31, 2020
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	1,728	$	(43)	$	312	$	(539)	$	2,040	$	(582)
Corporate debt	592		(74)		410		(166)		1,002		(240)
Preferred stock	1,142		(191)		3,060		(164)		4,202		(355)
Mortgage-backed securities	—		—		85		(121)		85		(121)




Total fixed income securities with an unrealized loss	$	3,462	$	(308)	$	3,867	$	(990)	$	7,329	$	(1,298)

The following table summarized our fixed income securities within our perpetual care trust investment in an unrealized loss position at December 31, 2019, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):


	December 31, 2019
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	168	$	(26)	$	549	$	(149)	$	717	$	(175)
Corporate debt	1,057		(196)		3,253		(338)		4,310		(534)
Preferred stock	2,989		(106)		—		—		2,989		(106)
Mortgage-backed securities	—		—		252		(71)		252		(71)



Total fixed income securities with an unrealized loss	$	4,214	$	(328)	$	4,054	$	(558)	$	8,268	$	(886)

Perpetual care trust investment security transactions recorded in Other, net on our Consolidated Statements of Operations are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Realized gains	$	1,364	$	1,663	$	2,602
Realized losses	(1,896)		(1,258)		(1,695)
Unrealized gains (losses), net	(4,405)		2,964		4,355
Net change in Care trusts’ corpus	4,937		(3,369)		(5,262)
Total	$	—	$	—	$	—

Perpetual care trust investment security transactions recorded in Other revenue are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Investment income	$	5,934	$	4,500	$	8,461
Realized losses	(1,355)		(377)		(387)
Total	$	4,579	$	4,123	$	8,074

Purchases and sales of investments in the perpetual care trusts are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Purchases	$	(17,313)	$	(26,573)	$	(38,168)
Sales	25,786		17,588		34,316

Receivables from Preneed Trusts

12 Months Ended

Dec. 31, 2020

Receivables From Preneed Trusts [Abstract]

RECEIVABLES FROM PRENEED FUNERAL TRUSTS

RECEIVABLES FROM PRENEED TRUSTS

Our receivables from preneed trusts represent assets in trusts which are controlled and operated by third parties in which we do not have a controlling financial interest (less than 50%) in the trust assets. We account for these investments at cost. Receivables from preneed trusts are as follows (in thousands):


	December 31, 2019		December 31, 2020
Preneed trust funds, at cost	$	18,581	$	17,365
Less: allowance for contract cancellation	(557)		(521)
Receivables from preneed trusts, net	$	18,024	$	16,844

The following summary reflects the composition of the assets held in trust and controlled by third parties to satisfy our future obligations under preneed arrangements related to the preceding contracts at December 31, 2019 and 2020. The cost basis includes reinvested interest and dividends that have been earned on the trust assets. Fair value includes unrealized gains and losses on trust assets.

The composition of the preneed trust funds at December 31, 2020 is as follows (in thousands):


	Historical Cost Basis		Fair Value
As of December 31, 2020
Cash and cash equivalents	$	4,604	$	4,604
Fixed income investments	10,355		10,355
Mutual funds and common stocks	2,402		2,569
Annuities	4		4
Total	$	17,365	$	17,532

The composition of the preneed trust funds at December 31, 2019 is as follows (in thousands):


	Historical Cost Basis		Fair Value
As of December 31, 2019
Cash and cash equivalents	$	4,533	$	4,533
Fixed income investments	11,603		11,603
Mutual funds and common stocks	2,440		2,518
Annuities	5		5
Total	$	18,581	$	18,659

Contracts Secured by Insurance	12 Months Ended
Contracts Secured by Insurance	Dec. 31, 2020
Contracts Secured by Insurance [Abstract]
CONTRACTS SECURED BY INSURANCE	CONTRACTS FUNDED BY INSURANCE When preneed funeral contracts are funded through third-party insurance policies, we earn a commission on the sale of the policies. Insurance commissions are subject to refund (charge-back) if the preneed policy is cancelled within a year or if there is an imminent death of beneficiary before the first year anniversary of the policy. We record these insurance commissions as Other revenue, as noted in our table of disaggregated revenue in Note 21 to the Consolidated Financial Statements included herein, when the commission is no longer subject to refund, which is typically one year after the policy is issued. All selling costs incurred pursuant to the sale of the insurance funded preneed contracts are expensed as incurred. Generally, at the time of the sale of either the preneed insurance or preneed trust contract, the intent is that the beneficiary has made a commitment to assign the proceeds to us for the fulfillment of the service and merchandise obligations on the preneed contract at the time of need. However, this commitment is generally revocable and the proceeds from the policy are portable, so the customer can choose to use an alternative provider at the time of need. Preneed funeral contracts to be funded at maturity by third-party insurance policies totaled $408.8 million and $395.4 million at December 31, 2019 and 2020, respectively, and are not recorded as assets or liabilities on our Consolidated Balance Sheet.

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Dec. 31, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS Fair value is defined as the price that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date applicable for items that are recognized or disclosed at fair value in the financial statements on a recurring basis. We disclose the extent to which fair value is used to measure financial assets and liabilities, the inputs utilized in calculating valuation measurements, and the effect of the measurement of significant unobservable inputs on earnings, or changes in net assets, as of the measurement date. We evaluated our financial assets and liabilities for those that met the criteria of the disclosure requirements and fair value framework. The carrying values of cash and cash equivalents, accounts receivable and accounts payable approximate the fair values of those instruments due to the short-term nature of the instruments. The fair values of our receivables on preneed cemetery contracts are impracticable to estimate because of the lack of a trading market and the diverse number of individual contracts with varying terms. Our acquisition debt and Credit Facility (as defined in Note 12), Convertible Notes (as defined in Note 13) and Senior Notes (as defined in Note 14) are classified within Level 2 of the Fair Value Measurements hierarchy. At December 31, 2020, the carrying value and fair value of our Credit Facility was $47.2 million. We believe that our Credit Facility bears interest at a rate that approximates prevailing market rates for instruments with similar characteristics and therefore, the carrying value of our Credit Facility approximates fair value. We estimate the fair value of our acquisition debt utilizing an income approach, which uses a present value calculation to discount payments based on current market rates as of the reporting date. At December 31, 2020, the carrying value of our acquisition debt was $5.5 million, which approximated its fair value. The fair value of our Convertible Notes was approximately $3.7 million at December 31, 2020 based on the last traded or broker quoted price. The fair value of our Senior Notes was approximately $427.9 million at December 31, 2020 based on the last traded or broker quoted price. We identified investments in fixed income securities, common stock and mutual funds presented within the preneed and perpetual care trust investments categories on our Consolidated Balance Sheet as having met the criteria for fair value measurement. Our receivables from preneed trusts represent assets in trusts which are controlled and operated by third parties in which we do not have a controlling financial interest (less than 50%) in the trust assets. We account for these investments at cost. The following three-level valuation hierarchy based upon the transparency of inputs is utilized in the measurement and valuation of financial assets or liabilities as of the measurement date: •Level 1—Fair value of securities based on unadjusted quoted prices for identical assets or liabilities in active markets. Our investments classified as Level 1 securities include cash, U.S. treasury debt, common stock and equity mutual funds; •Level 2—Fair value of securities estimated based on quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted market prices that are observable or that can be corroborated by observable market data by correlation. These inputs include interest rates, yield curves, credit risk, prepayment speeds, rating and tax-exempt status. Our investments classified as Level 2 securities include foreign debt, corporate debt, preferred stocks, mortgage-backed securities and fixed income mutual funds and other investments. •Level 3—Unobservable inputs based upon the reporting entity’s internally developed assumptions, which market participants would use in pricing the asset or liability. As of December 31, 2019 and 2020, we did not have any assets that had fair values determined by Level 3 inputs and no liabilities measured at fair value. See Notes 7 and 8 to our Consolidated Financial Statements herein for additional information on the fair value hierarchy levels of our trust investments and receivables from preneed trusts, respectively.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Intangible and Other Non-Current Assets

12 Months Ended

Dec. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets Disclosure

INTANGIBLE AND OTHER NON-CURRENT ASSETS

Intangible and other non-current assets are as follows (in thousands):


	December 31, 2019		December 31, 2020
Tradenames	$	25,233	$	23,565
Prepaid agreements not-to-compete, net of accumulated amortization of $7,195 and $3,193, respectively	3,915		2,785
Capitalized commissions on preneed contracts, net of accumulated amortization of $1,127 and $1,594, respectively	2,818		3,141

Other	150		51
Intangible and other non-current assets, net	$	32,116	$	29,542

Tradenames

Our tradenames have indefinite lives and therefore are not amortized. During the years ended December 31, 2019 and 2020, we increased tradenames by $7.8 million and $0.4 million, respectively, related to our 2019 and 2020 acquisitions described in Note 3 to the Consolidated Financial Statements included herein.

As a result of economic conditions caused by COVID-19, we performed a quantitative assessment of our tradenames at March 31, 2020 and we recorded an impairment to tradenames for certain of our funeral homes of $1.1 million during the quarter ended March 31, 2020 recorded in Net loss on divestitures and impairment charges, as the carrying amount of these tradenames exceeded the fair value.

During the year ended December 31, 2020, we divested four funeral homes that had a carrying value of tradenames of $1.0 million, which was included in the gain or loss on the sale of divestitures and recorded in Net loss on divestitures and impairment charges on our Consolidated Statements of Operations. During 2019, we recorded an impairment to tradenames of $0.2 million as a result of our 2019 annual impairment test as the carrying amount of certain tradenames exceeded the fair value. See Notes 1, 3 and 5 to the Consolidated Financial Statements included herein, for a discussion of the methodology used for our indefinite-lived intangible asset impairment test and discussion of our acquisitions and divestitures, respectively.

Prepaid Agreements

Prepaid agreements not-to-compete are amortized over the term of the respective agreements, ranging generally from one to ten years. Amortization expense was approximately $0.6 million, $0.7 million and $0.7 million for the years ended December 31, 2018, 2019 and 2020, respectively. During the year ended December 31, 2020, we divested three funeral homes that had a carrying value of prepaid agreements not-to-compete of $0.5 million, which was included in the gain or loss on the sale of divestitures and recorded in Net loss on divestitures and impairment charges on our Consolidated Statements of Operations. See Note 5 to the Consolidated Financial Statements included herein, for a discussion of our divestitures.

During the year ended December 31, 2019, we increased prepaid agreements not-to-compete by $0.4 million related to our 2019 acquisitions described in Note 3 to the Consolidated Financial Statements included herein.

Capitalized Commissions

We capitalize our selling costs related to preneed cemetery merchandise and services and preneed funeral trust contracts. These costs are amortized on a straight-line basis over the average maturity period for our preneed cemetery merchandise and services contracts and preneed funeral trust contracts, of eight and ten years, respectively. Amortization expense totaled $0.6 million for both the years ended December 31, 2019 and 2020.

The aggregate amortization expense for our non-compete agreements and capitalized commissions as of December 31, 2020 is as follows (in thousands):


	Non-Compete Agreements		Capitalized Commissions
Years ending December 31,
2021	$	618	$	589
2022	481		543
2023	434		488
2024	380		425
2025	373		359
Thereafter	499		737
Total amortization expense	$	2,785	$	3,141

Long-Term Debt

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Long-term Debt

CREDIT FACILITY AND ACQUISITION DEBT

On December 19, 2019, we entered into a third amendment and commitment increase to our $150.0 million senior secured revolving credit facility (“Credit Facility”) with the financial institutions party thereto, as lenders, and Bank of America, N.A., as administrative agent (in such capacity, the “Administrative Agent”) to increase our commitment to $190.0 million and incurred $0.9 million in transactions costs, which were capitalized and will be amortized over the remaining term of the related debt using the straight-line method.

At December 31, 2020, our Credit Facility was comprised of: (i) a $190.0 million revolving credit facility, including a $15.0 million subfacility for letters of credit and a $10.0 million swingline, and (ii) an accordion or incremental option allowing for future increases in the facility size by an additional amount of up to $75.0 million in the form of increased revolving commitments or incremental term loans. The final maturity of the Credit Facility will occur on May 31, 2023.

The Company’s obligations under the Credit Facility are unconditionally guaranteed on a joint and several basis by the same subsidiaries which guarantee the Senior Notes (as defined in Note 14) and certain of the Company’s Credit Facility Guarantors.

The Credit Facility is secured by a first-priority perfected security interest in and lien on substantially all of the Company’s personal property assets and those of the Credit Facility Guarantors (as defined below). In the event the Company’s actual Total Leverage Ratio is not at least 0.25 less than the required Total Leverage Ratio covenant level, at the discretion of the Administrative Agent, the Administrative Agent may unilaterally compel the Company and the Credit Facility Guarantors to grant and perfect first-priority mortgage liens on fee-owned real property assets which account for no less than 50% of funeral operations EBITDA.

The Credit Facility contains customary affirmative covenants, including, but not limited to, covenants with respect to the use of proceeds, payment of taxes and other obligations, continuation of the Company’s business and the maintenance of existing rights and privileges, the maintenance of property and insurance, amongst others.

In addition, the Credit Facility also contains customary negative covenants, including, but not limited to, covenants that restrict (subject to certain exceptions) the ability of the Company and its subsidiaries and party thereto as guarantors (the “Credit Facility Guarantors”) to incur additional indebtedness, grant liens on assets, make investments, engage in mergers and acquisitions, and pay dividends and other restricted payments, and certain financial covenants. At December 31, 2020, we were subject to the following financial covenants under our Credit Facility: (A) a Total Leverage Ratio not to exceed, (i) 5.75 to 1.00 for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020 and (ii) 5.50 to 1.00 for the quarter ended December 31, 2020 and each quarter ended thereafter, (B) a Senior Secured Leverage Ratio (as defined in the Credit Facility) not to exceed 2.00 to 1.00 as of the end of any period of four consecutive fiscal quarters, and (C) a Fixed Charge Coverage Ratio (as defined in the Credit Facility) of not less than 1.20 to 1.00 as of the end of any period of four consecutive fiscal quarters. These financial maintenance covenants are calculated for the Company and its subsidiaries on a consolidated basis.

On May 18, 2020, we received a limited waiver under our Credit Facility for the failure to comply with the Total Leverage Ratio covenant for the fiscal quarter ended March 31, 2020. In connection with the waiver, we also entered into a fourth amendment to the Credit Facility which increased the interest rate margin applicable to borrowings by up to 0.625% at each pricing level based on the Total Leverage Ratio. We did not incur any transaction costs related to the limited waiver and fourth amendment to the Credit Facility.

On August 7, 2020, we obtained a limited consent from the lenders under our Credit Facility in connection with our privately-negotiated repurchases of our Convertible Notes (as defined in Note 13). See Note 13 to the Consolidated Financial Statements included herein, for a discussion of our privately-negotiated repurchases.

We were in compliance with the total leverage ratio, fixed charge coverage ratio and senior secured leverage ratio covenants contained in our Credit Facility at December 31, 2020.

Our Credit Facility and Acquisition debt consisted of the following (in thousands):


	December 31, 2019		December 31, 2020
Credit Facility	$	83,800	$	47,200
Debt issuance costs, net of accumulated amortization of $337 and $819, respectively	(1,618)		(1,136)
Total Credit Facility	$	82,182	$	46,064

Acquisition debt	$	6,964	$	5,509
Less: current portion	(1,306)		(1,027)
Total acquisition debt, net of current portion	$	5,658	$	4,482

At December 31, 2020, we had outstanding borrowings under the Credit Facility of $47.2 million. We had one letter of credit for $2.0 million issued on November 30, 2019 and outstanding under the Credit Facility, which was increased to $2.1 million on September 29, 2020. The letter of credit bears interest at 3.125% and will expire on November 26, 2021. The letter of credit automatically renews annually and secures our obligations under our various self-insured policies. At December 31, 2020, we had $140.7 million of availability under the Credit Facility after giving affect to the $2.1 million of the outstanding letter of credit.

Outstanding borrowings under our Credit Facility bear interest at either a prime rate or a LIBOR rate, plus an applicable margin based upon our leverage ratio. At December 31, 2020, the prime rate margin was equivalent to 1.5% and the LIBOR rate margin was 2.5%. The weighted average interest rate on our Credit Facility for the years ended December 31, 2019 and 2020 was 2.9% and 3.8%, respectively.

We have no material assets or operations independent of our subsidiaries. All assets and operations are held and conducted by subsidiaries, each of which have fully and unconditionally guaranteed our obligations under the Credit Facility. Additionally, we do not currently have any significant restrictions on our ability to receive dividends or loans from any Credit Facility Guarantors.

The interest expense and amortization of debt issuance costs related to our Credit Facility are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Credit Facility interest expense	$	4,351	$	1,601	$	3,738
Credit Facility amortization of debt issuance costs	234		229		482

Acquisition debt consists of deferred purchase price and promissory notes payable to sellers. A majority of the deferred purchase price and notes bear no interest and are discounted at imputed interest rates ranging from 7.3% to 10.0%. Original maturities range from five to twenty years.

The imputed interest expense related to our acquisition debt are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Acquisition debt imputed interest expense	$	791	$	622	$	489

The aggregate maturities of our Credit Facility and acquisition debt for the next five years subsequent to December 31, 2020 and thereafter, excluding debt issuance costs, are as follows (in thousands):


	Credit Facility		Acquisition Debt
Years ending December 31,
2021	$	—	$	1,386
2022	—		825
2023	47,200		825
2024	—		772
2025	—		772
Thereafter	—		3,332
Total Credit Facility and acquisition debt	$	47,200	$	7,912
Less: Interest	—		(2,403)
Present value of Credit Facility and acquisition debt	$	47,200	$	5,509

Convertible Subordinated Notes

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Subordinated Borrowings Disclosure

CONVERTIBLE SUBORDINATED NOTES

On March 19, 2014, we issued $143.75 million aggregate principal amount of our 2.75% convertible subordinated notes due 2021 (the “Convertible Notes”). The Convertible Notes are due on March 15, 2021 and bear interest at 2.75% per year, which is payable semi-annually in arrears on March 15 and September 15 of each year.

On May 7, 2018, we completed our exchange of approximately $115.0 million in aggregate principal amount of Convertible Notes in a privately-negotiated exchange agreement with a limited number of convertible noteholders. On December 24, 2018, we completed privately-negotiated repurchases of an additional $22.4 million in aggregate principal amount of Convertible Notes. On April 4, 2019, we completed a privately-negotiated repurchase of $25,000 in aggregate principal amount of Convertible Notes then outstanding for $27,163.

On September 9, 2020, we completed privately-negotiated repurchases of $3.8 million in aggregate principal amount of our Convertible Notes for $4.6 million in cash (including accrued interest of $0.1 million) and recorded $0.8 million for the reacquisition of the equity component. The September 2020 repurchases represented approximately 60% of the aggregate principal amount of Convertible Notes then outstanding. Following the settlement of the September 2020 repurchases, the aggregate principal amount of the Convertible Notes was reduced to approximately $2.6 million.

The carrying values of the liability and equity components of the Convertible Notes are reflected on our Consolidated Balance Sheet as follows (in thousands):


	December 31, 2019		December 31, 2020
Long-term liabilities:
Principal amount	$	6,319	$	2,559
Unamortized discount of liability component	(319)		(20)
Convertible Notes issuance costs, net of accumulated amortization of $130 and $63, respectively	(29)		(1)
Carrying value of the liability component	$	5,971	$	2,538

Carrying value of the equity component	$	789	$	319

The carrying value of the liability component and the carrying value of the equity component are recorded in Convertible subordinated notes due 2021 and Additional paid-in capital, respectively, on our Consolidated Balance Sheet at December 31, 2019 and 2020.

The fair value of the Convertible Notes, which are Level 2 measurements, was $3.7 million at December 31, 2020.

At December 31, 2020, the adjusted conversion rate of the Convertible Notes is 45.9712 shares of our common stock per $1,000 principal amount of Convertible Notes, equivalent to an adjusted conversion price of $21.75 per share of common stock.

The interest expense and accretion of debt discount and debt issuance costs related to our Convertible Notes are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Convertible Notes interest expense	$	1,878	$	174	$	149
Convertible Notes accretion of debt discount	$	2,192	$	241	$	216
Convertible Notes amortization of debt issuance costs	$	245	$	24	$	20

The remaining unamortized debt discount and the remaining unamortized debt issuance costs are being amortized using the effective interest method over the remaining term of approximately two months of the Convertible Notes. The effective interest rate on the unamortized debt discount for both years ended December 31, 2019 and 2020 was 11.4%. The effective interest rate on the debt issuance costs for the years ended December 31, 2019 and 2020 was 3.2% and 3.1%, respectively.

The aggregate maturities of our Convertible Notes for the next five years subsequent to December 31, 2020 and thereafter are as follows (in thousands):


	Principal Maturity		Discount Amortization		Present Value
Years ending December 31,
2021	$	2,559	$	(20)	$	2,539
2022	—		—		—
2023	—		—		—
2024	—		—		—
2025	—		—		—
Thereafter	—		—		—
Total	$	2,559	$	(20)	$	2,539

Senior Notes (Notes)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

SENIOR NOTES

On May 31, 2018, we issued $325.0 million in aggregate principal amount of our 6.625% senior notes due 2026 (the “Initial Senior Notes”) and related guarantees in a private offering under Rule 144A and Regulations S under the Securities Act. The Initial Senior Notes were issued under an indenture, dated as of May 31, 2018 (the “Indenture”), among us, certain of our existing subsidiaries (collectively, the “Subsidiary Guarantors”), as guarantors, and Wilmington Trust, National Association., as trustee.

On December 19, 2019, we issued an additional $75.0 million in aggregate principal amount of our Initial Senior Notes (the “Additional Senior Notes” and, together with the Initial Senior Notes, the “Senior Notes”) and related guarantees by the

Subsidiary Guarantors in a private offering under Rule 144A and Regulation S of the Securities Act. The Additional Senior Notes were issued as additional securities under the Indenture.

We received proceeds of $76.9 million from the issuance of the Additional Senior Notes, net of a debt premium of $1.7 million (plus accrued interest of $0.2 million). We incurred $1.0 million in debt issuance costs related to the Additional Senior Notes. The Senior Notes are treated as a single class of securities under the Indenture, and the Additional Senior Notes have identical terms to the Initial Senior Notes, except with respect to the date of issuance, the issue price, the initial interest accrual date and the initial interest payment date.

The Senior Notes bear interest at 6.625% per year. Interest on the Senior Notes began to accrue on May 31, 2018 and is payable semi-annually in arrears on June 1 and December 1 of each year, beginning on December 1, 2018 with respect to the Initial Senior Notes and June 1, 2020 with respect to the Additional Senior Notes to holders of record on each May 15 and November 15 preceding an interest payment date. The Senior Notes mature on June 1, 2026, unless earlier redeemed or repurchased. The Senior Notes are unsecured, senior obligations and are fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each of the Subsidiary Guarantors.

We may redeem all or part of the Senior Notes at any time prior to June 1, 2021 at a redemption price equal to 100% of the principal amount of Senior Notes redeemed, plus a “make whole” premium, and accrued and unpaid interest, if any, to the date of redemption. We have the right to redeem the Senior Notes at any time on or after June 1, 2021 at the redemption prices described in the Indenture, plus accrued and unpaid interest, if any, to the date of redemption. Additionally, at any time before June 1, 2021, we may redeem up to 40% of the aggregate principal amount of the Senior Notes issued with an amount equal to the net proceeds of certain equity offerings, at a price equal to 106.625% of the principal amount of the Senior Notes, plus accrued and unpaid interest, if any, to the date of redemption; provided that (1) at least 60% of the aggregate principal amount of the Senior Notes (including any additional Senior Notes ) originally issued under the Indenture remain outstanding immediately after the occurrence of such redemption (excluding Senior Notes held by us); and (2) each such redemption must occur within 180 days of the date of the closing of each such equity offering.

If a “change of control” occurs, holders of the Senior Notes will have the option to require us to purchase for cash all or a portion of their Senior Notes at a price equal to 101% of the principal amount of the Senior Notes, plus accrued and unpaid interest. In addition, if we make certain asset sales and do not reinvest the proceeds thereof or use such proceeds to repay certain debt, we will be required to use the proceeds of such asset sales to make an offer to purchase the Senior Notes at a price equal to 100% of the principal amount of the Senior Notes, plus accrued and unpaid interest.

The Indenture contains restrictive covenants limiting our ability and our Restricted Subsidiaries (as defined in the Indenture) to, among other things, incur additional indebtedness or issue certain preferred shares, create liens on certain assets to secure debt, pay dividends or make other equity distributions, purchase or redeem capital stock, make certain investments, sell assets, agree to certain restrictions on the ability of Restricted Subsidiaries to make payments to us, consolidate, merge, sell or otherwise dispose of all or substantially all assets, or engage in transactions with affiliates. The Indenture also contains customary events of default.

The carrying value of our Senior Notes is reflected on our Consolidated Balance Sheet as follows (in thousands):


	December 31, 2019		December 31, 2020
Long-term liabilities:
Principal amount	$	400,000	$	400,000
Debt premium, net of accumulated amortization of $0 and $221, respectively	1,688		1,467
Debt discount, net of accumulated amortization of $492 and $1,020, respectively	(4,110)		(3,582)
Debt issuance costs, net of accumulated amortization of $216 and $496, respectively	(2,131)		(1,917)
Carrying value of the Senior Notes	$	395,447	$	395,968

The fair value of the Senior Notes, which are Level 2 measurements, was $427.9 million at December 31, 2020.

The debt discount, the debt premium and the debt issuance costs are being amortized using the effective interest method over the remaining term of approximately 65 months of the Senior Notes. The effective interest rate on the unamortized debt discount and the unamortized debt issuance costs for the Initial Senior Notes, which were issued in May 2018, for the year ended December 31, 2020 was 6.87% and 6.69%, respectively. The effective interest rate on the unamortized debt premium and the unamortized debt issuance costs for the Additional Senior Notes, which were issued in December 2019, for year ended December 31, 2020 was 6.20% and 6.90%, respectively.

The interest expense and amortization of debt discount, debt premium and debt issuance costs related to our Senior Notes are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Senior Notes interest expense	$	12,620	$	21,711	$	26,500
Senior Notes amortization of debt discount	273		493		528
Senior Notes amortization of debt premium	—		—		221
Senior Notes amortization of debt issuance costs	77		139		280

The aggregate maturities of our Senior Notes for the next five years subsequent to December 31, 2020 and thereafter are as follows (in thousands):


	Principal Maturity		Discount Amortization		Premium Amortization		Present Value
Years ending December 31,
2021	$	—	$	(565)	$	235	$	(330)
2022	—		(605)		250		(355)
2023	—		(648)		266		(382)
2024	—		(694)		283		(411)
2025	—		(744)		301		(443)
Thereafter	400,000		(326)		132		399,806
Total	$	400,000	$	(3,582)	$	1,467	$	397,885

LEASES

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

LEASES

15. LEASES

On January 1, 2019, we adopted Topic 842 using the modified retrospective method for all lease arrangements at the beginning of the period of adoption. Results for reporting periods beginning January 1, 2019 are presented under Topic 842, while prior period amounts have not been adjusted and continue to be reported in accordance with Topic 840. On January 1, 2019, we recorded operating lease right-of-use assets of $16.5 million and operating lease liabilities of $17.3 million, related to real estate and equipment leases, based on the present value of the future lease payments on the date of adoption.

Our lease obligations consist of operating and finance leases related to real estate and equipment. The components of lease cost are as follows (in thousands):


		Years Ended December 31,
	Income Statement Classification	2019		2020
Operating lease cost	Facilities and grounds expense(1)	$	3,722	$	3,795
Short-term lease cost	Facilities and grounds expense(1)	277		224

Finance lease cost:
Depreciation of leased assets	Depreciation and amortization(2)	$	498	$	439
Interest on lease liabilities	Interest expense	520		496
Total finance lease cost		1,018		935
Total lease cost		$	5,017	$	4,954



(1)			Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)			Depreciation and amortization expense is included within Field depreciation expense and Home office depreciation and amortization on our Consolidated Statements of Operations.

Variable lease expense was immaterial for the years ended December 31, 2019 and 2020.

Supplemental cash flow information related to our leases is as follows (in thousands):


	Years Ended December 31,
	2019		2020
Cash paid for operating leases included in operating activities	$	3,910	$	3,383
Cash paid for finance leases included in financing activities	872		828

Right-of-use assets obtained in exchange for new leases are as follows (in thousands):


	Years Ended December 31,
	2019		2020
Right-of-use assets obtained in exchange for new operating lease liabilities(1)	$	8,175	$	782
Right-of-use assets obtained in exchange for new finance lease liabilities	—		—

(1)

During the year ended December 31, 2019, we modified an existing operating lease to extend the term through 2030. As a result of this modification, we increased our lease liabilities and right-of-use assets by $8.2 million.

Supplemental balance sheet information related to leases is as follows (in thousands):


Lease Type	Balance Sheet Classification	December 31, 2019		December 31, 2020
Operating lease right-of-use assets	Operating lease right-of-use assets	$	22,304	$	21,201

Finance lease right-of-use assets	Property, plant and equipment, net	6,770		6,770
Accumulated depreciation	Property, plant and equipment, net	(1,566)		(2,005)
Finance lease right-of-use assets, net		$	5,204	$	4,765

Operating lease current liabilities	Current portion of operating lease obligations	$	1,554	$	2,082
Finance lease current liabilities	Current portion of finance lease obligations	290		323
Total current lease liabilities		$	1,844	$	2,405

Operating lease non-current liabilities	Obligations under operating leases, net of current portion	$	21,533	$	20,302
Finance lease non-current liabilities	Obligations under finance leases, net of current portion	5,854		5,531
Total non-current lease liabilities		$	27,387	$	25,833

Total lease liabilities		$	29,231	$	28,238

The average lease terms and discount rates as of December 31, 2020 are as follows:


	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	10.7	8.1	%
Finance leases	5.9	8.2	%

The aggregate future lease payments for operating and finance leases as of December 31, 2020 are as follows (in thousands):


	Operating		Finance
Lease payments due:
2021	$	3,794	$	836
2022	3,422		860
2023	3,301		860
2024	3,292		791
2025	3,156		736
Thereafter	16,188		5,555
Total lease payments	$	33,153	$	9,638
Less: Interest	(10,769)		(3,784)
Present value of lease liabilities	$	22,384	$	5,854

As of December 31, 2020, we had no additional significant operating or finance leases that had not yet commenced

LEASES

15. LEASES

Our lease obligations consist of operating and finance leases related to real estate and equipment. The components of lease cost are as follows (in thousands):


		Years Ended December 31,
	Income Statement Classification	2019		2020
Operating lease cost	Facilities and grounds expense(1)	$	3,722	$	3,795
Short-term lease cost	Facilities and grounds expense(1)	277		224

Finance lease cost:
Depreciation of leased assets	Depreciation and amortization(2)	$	498	$	439
Interest on lease liabilities	Interest expense	520		496
Total finance lease cost		1,018		935
Total lease cost		$	5,017	$	4,954



(1)			Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)			Depreciation and amortization expense is included within Field depreciation expense and Home office depreciation and amortization on our Consolidated Statements of Operations.

Variable lease expense was immaterial for the years ended December 31, 2019 and 2020.

Supplemental cash flow information related to our leases is as follows (in thousands):


	Years Ended December 31,
	2019		2020
Cash paid for operating leases included in operating activities	$	3,910	$	3,383
Cash paid for finance leases included in financing activities	872		828

Right-of-use assets obtained in exchange for new leases are as follows (in thousands):


	Years Ended December 31,
	2019		2020
Right-of-use assets obtained in exchange for new operating lease liabilities(1)	$	8,175	$	782
Right-of-use assets obtained in exchange for new finance lease liabilities	—		—

(1)

Supplemental balance sheet information related to leases is as follows (in thousands):


Lease Type	Balance Sheet Classification	December 31, 2019		December 31, 2020
Operating lease right-of-use assets	Operating lease right-of-use assets	$	22,304	$	21,201

Finance lease right-of-use assets	Property, plant and equipment, net	6,770		6,770
Accumulated depreciation	Property, plant and equipment, net	(1,566)		(2,005)
Finance lease right-of-use assets, net		$	5,204	$	4,765

Operating lease current liabilities	Current portion of operating lease obligations	$	1,554	$	2,082
Finance lease current liabilities	Current portion of finance lease obligations	290		323
Total current lease liabilities		$	1,844	$	2,405

Operating lease non-current liabilities	Obligations under operating leases, net of current portion	$	21,533	$	20,302
Finance lease non-current liabilities	Obligations under finance leases, net of current portion	5,854		5,531
Total non-current lease liabilities		$	27,387	$	25,833

Total lease liabilities		$	29,231	$	28,238

The average lease terms and discount rates as of December 31, 2020 are as follows:


	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	10.7	8.1	%
Finance leases	5.9	8.2	%

The aggregate future lease payments for operating and finance leases as of December 31, 2020 are as follows (in thousands):


	Operating		Finance
Lease payments due:
2021	$	3,794	$	836
2022	3,422		860
2023	3,301		860
2024	3,292		791
2025	3,156		736
Thereafter	16,188		5,555
Total lease payments	$	33,153	$	9,638
Less: Interest	(10,769)		(3,784)
Present value of lease liabilities	$	22,384	$	5,854

As of December 31, 2020, we had no additional significant operating or finance leases that had not yet commenced.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

Non-Compete, Consulting and Employment Agreements

We have various non-compete agreements with former owners and employees. These agreements are generally for one to ten years and provide for periodic future payments over the term of the agreements.

We have various consulting agreements with former owners of businesses we have acquired. Payments for such agreements are generally not made in advance. These agreements are generally for one to five years and provide for bi-weekly or monthly payments.

We have employment agreements with our executive officers and certain of our senior leadership. These agreements are generally for three to five years and provide for participation in various incentive compensation arrangements. These agreements generally renew automatically on an annual basis after their initial term has expired.

At December 31, 2020, the maximum estimated future cash commitments under these agreements with remaining commitment terms, and with original terms of more than one year, are as follows (in thousands):


	Non-Compete		Consulting		Employment(a)		Total
Years ending December 31,
2021	$	2,103	$	879	$	3,729	$	6,711
2022	1,569		537		3,456		5,562
2023	1,063		266		1,181		2,510
2024	691		114		900		1,705
2025	431		51		900		1,382
Thereafter	439		—		1,912		2,351
Total	$	6,296	$	1,847	$	12,078	$	20,221



(a)			Melvin C. Payne, our Chairman of the Board and Chief Executive Officer, has an employment agreement that does not renew after the initial term. See Note 25 to the Consolidated Financial Statements included herein for additional information regarding Mr. Payne's employment agreement.

Defined Contribution Plan

We sponsor a defined contribution plan, a 401K plan, for the benefit of our employees. Matching contributions and plan administrative expenses totaled $2.1 million, $2.0 million and $2.3 million during the years ended December 31, 2018, 2019 and 2020, respectively. We do not offer any post-retirement or post-employment benefits.

Litigation

We are a party to various litigation matters and proceedings. For each of our outstanding legal matters, we evaluate the merits of the case, our exposure to the matter, possible legal or settlement strategies, and the likelihood of an unfavorable outcome. If we determine that an unfavorable outcome is probable and can be reasonably estimated, we establish the necessary

accruals. We hold certain insurance policies that may reduce cash outflows with respect to an adverse outcome of certain of these litigation matters. Faria, et al. v. Carriage Funeral Holdings, Inc., Superior Court of California, Contra Costa County, Case No. MSC18-00606. On March 26, 2018, six Plaintiffs filed a putative class action against Carriage Funeral Holdings, Inc., our subsidiary, their alleged employer, on behalf of themselves and all similarly situated current and former employees. Plaintiffs seek monetary damages and claim that Carriage Funeral Holdings, Inc. failed to pay minimum wages, provide meal and rest breaks, provide accurately itemized wage statements, reimburse employees for required expenses, and provide wages when due. Plaintiffs also claim that Carriage Funeral Holdings, Inc. violated California Business and Professions Code §17200 et seq. On June 5, 2018, Plaintiffs filed a First Amended Complaint to add a claim under the California Private Attorney General Act. On October 23, 2018, the parties mediated this matter and executed a Memorandum of Understanding for class settlement. In February 2019, a Class Action Settlement Agreement was fully executed and was approved by the Court in October 2019. We paid $0.7 million under the settlement agreement in November 2019.

Income Taxes

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Income Tax Disclosure

INCOME TAXES

The provision for income taxes consisted of the following (in thousands):


	Years Ended December 31,
	2018		2019		2020
Current:
U. S. federal provision (benefit)	$	1,489	$	(2,039)	$	1,778
State provision (benefit)	1,309		(195)		2,177
Total current provision (benefit)	$	2,798	$	(2,234)	$	3,955
Deferred:
U. S. federal provision	$	2,831	$	8,056	$	3,994
State provision	992		2,061		603
Total deferred provision	$	3,823	$	10,117	$	4,597
Total income tax provision	$	6,621	$	7,883	$	8,552

A reconciliation of income taxes calculated at the U.S. federal statutory rate to those reflected in the Consolidated Statements of Operations is as follows (dollars in thousands):


	Years Ended December 31,
	2018				2019				2020
	Amount		Percent		Amount		Percent		Amount		Percent
Federal statutory rate	$	3,834	21.0	%	$	4,707	21.0	%	$	5,175	21.0	%
Effect of state income taxes, net of federal benefit	1,776		9.7		1,352		6.0		2,080		8.4
Effect of non-deductible expenses and other, net	1,451		7.9		947		4.2		460		1.9
Effect of divestitures and impairment of businesses	—		—		911		4.10		846		3.4
Change in valuation allowance	26		0.1		(34)		(0.2)		(9)		—
Re-measurement of deferred taxes due to tax reform	(466)		(2.5)		—		—		—		—
Total	$	6,621	36.2	%	$	7,883	35.1	%	$	8,552	34.7	%

Discrete tax expense for the year ended December 31, 2020 includes $0.1 million expense related to stock based compensation and $0.5 million primarily related to return to provision adjustments, state legislative changes and other discrete items.

We are subject to taxation in the United States and various states. As of December 31, 2020, tax years 2013 to 2019 are subject to examination by taxing authorities. On May 10, 2017, we filed amended federal returns for the tax years ended December 31, 2013, 2014 and 2015, which generated refunds of approximately $1.9 million. The amended returns are under audit and as a result, the administrative processing of the carryback claims requires that the statute for tax years 2013 to 2015 remains open.

In connection with the 2019 stock acquisition of Calvary Memorial Park cemetery in Fairfax, Virginia, a 338(h)(10) election was filed April 24, 2020, which allowed the basis in the acquired assets to be stepped up to fair market value.

On June 30, 2020, Carriage filed a carryback claim for a refund for the tax year ended December 31, 2018, for $7.0 million. The requested refund was received on August 7, 2020. On November 3, 2020, Carriage filed a carryback claim for refund for the tax year ended December 31, 2019, for $1.2 million. The requested refund for tax year 2019 has not yet been received. On December 4, 2020, Carriage filed an amended federal return for the tax year ended December 31, 2018, in order to take full advantage of the CARES Act legislative changes. The changes reported in the amended return resulted in additional $2.3 million of loss. The additional losses generated from the amended filing will be administratively carried back and processed as part of the Joint Committee review of the 2018 carryback claim.

The tax effects of temporary differences from total operations that give rise to significant deferred tax assets and liabilities are as follows (in thousands):


	Years Ended December 31,
	2019		2020
Deferred income tax assets:
Net operating loss carryforwards	$	3,602	$	1,570
Interest expense limitation	4,190		18
Tax credit carryforwards	100		100
State depreciation	1,124		1,264
Accrued and other liabilities	5,124		6,313
Amortization of non-compete agreements	1,104		1,117
Prepaid and other assets	—		741

Total deferred income tax assets	15,244		11,123
Less valuation allowance	(234)		(222)
Total deferred income tax assets	$	15,010	$	10,901
Deferred income tax liabilities:
Depreciation and amortization	$	(49,568)	$	(50,946)
Preneed liabilities	(6,446)		(6,427)
Convertible subordinated notes due 2021	(75)		(5)
Prepaid and other assets	(289)		—
Total deferred income tax liabilities	(56,378)		(57,378)
Total net deferred tax liabilities	$	(41,368)	$	(46,477)

Our deferred tax assets and liabilities, along with related valuation allowances, are classified as non-current on our Consolidated Balance Sheet at December 31, 2019 and 2020.

For state reporting purposes, we have $32.7 million of net operating loss carryforwards that will expire between 2021 and 2039, if not utilized. Based on management’s assessment of the various state net operating losses, it was determined that it is more likely than not that we will be able to realize tax benefits on some portion of the amount of the state losses. The valuation allowance at December 31, 2020 was attributable to the deferred tax asset related to a portion of the state operating losses.

We analyze tax benefits for uncertain tax positions and how they are to be recognized, measured, and derecognized in financial statements; provide certain disclosures of uncertain tax matters; and specify how reserves for uncertain tax positions should be classified on our Consolidated Balance Sheet. The deferred tax assets recognized for those NOLs are presented net of these unrecognized tax benefits.

At December 31, 2020, the Company’s unrecognized tax benefits reserve for uncertain tax positions primarily relates to losses generated from pending accounting method changes filed for the tax year ended December 31, 2018, being carried back 5 years, under the CARES Act. In 2018, we filed two Form 3115s, Application for Change in Accounting Method, to request consent to change the method of accounting for deferred revenue for our cemetery property and cemetery merchandise and service operations beginning January 1, 2018. These method changes are still under review. Therefore, the unrecognized tax benefit reserve for the years ended December 31, 2019 and 2020 was $0.7 million and $3.7 million, respectively. There was no reserve recorded at December 31, 2018.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):


	Years Ended December 31,
	2018		2019		2020
Unrecognized tax benefit at beginning of year	$	—	$	—	$	691
Gross increases - tax positions in prior period	—		691		—
Gross decreases - tax positions in prior period	—		—		(691)
Gross increases - tax positions in current period	—		—		3,656

Unrecognized tax benefit at end of year	$	—	$	691	$	3,656

Included in balance of unrecognized tax benefit for the years ended December 31, 2019 and 2020 were $0.7 million and $3.7 million, respectively, of tax benefits that, if recognized, would affect the effective tax rate. At December 31, 2020, we expect that the $3.7 million of unrecognized tax benefit will be recognized in the next twelve months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References + Details

Stockholders' Equity

12 Months Ended

Dec. 31, 2020

Share-based Payment Arrangement [Abstract]

Stockholders' Equity

STOCKHOLDERS’ EQUITY

Share Authorization

We are authorized to issue 80,000,000 shares of common stock, $0.01 per share par value. We had 25,880,362 and 26,020,494 shares issued and outstanding, net of 8,025,339 shares held in treasury at par, at December 31, 2019 and 2020, respectively.

Stock Based Compensation Plans

During the year ended December 31, 2020, we had two stock benefits plans in effect under which stock, restricted stock, stock options and performance awards have been granted or remain outstanding: the Second Amended and Restated 2006 Long-Term Incentive Plan (the “Amended and Restated 2006 Plan”) and the 2017 Omnibus Incentive Plan (the “2017 Plan”). The Amended and Restated 2006 Plan was terminated upon the approval of the 2017 Plan at the annual shareholders meeting on May 17, 2017. The 2017 Plan expires on May 17, 2027. All stock-based plans are administered by the Compensation Committee appointed by our Board of Directors (the “Board”).

At December 31, 2020, we had 1,782,824 shares available to issue under our 2017 Plan. The termination of the Amended and Restated 2006 Plan does not affect the awards previously issued and outstanding.

Restricted Stock

During the year ended December 31, 2020, we issued restricted stock to certain employees totaling 10,200 shares that vest over a three year period and had an aggregate grant date market value of $0.3 million at a weighted average stock price of $25.00. In 2019, a total of 25,550 shares of restricted stock were awarded with a grant date market value of $0.5 million. In 2018, a total of 86,260 shares of restricted stock were awarded with a grant date market value of $2.2 million.

A summary of the status of unvested restricted stock as of December 31, 2020, and changes during 2020, is presented below:


Restricted stock awards	Shares	Weighted Average Grant Date Fair Value
Unvested at January 1, 2020	69,745	$	23.56
Granted	10,200	25.00
Vested	(34,815)	24.26
Cancelled	—	—
Unvested at December 31, 2020	45,130	$	23.34

We recorded stock-based compensation expense, which is included in Regional and unallocated funeral and cemetery costs and General, administrative and other expenses, for restricted stock awards of $0.8 million, $0.8 million and $0.7 million the years ended December 31, 2018, 2019 and 2020, respectively.

At December 31, 2020, we had $1.1 million of total unrecognized compensation costs related to unvested restricted stock awards, which are expected to be recognized over a weighted average period of approximately 0.9 years.

Stock Options

During the year ended December 31, 2020, we granted 20,000 options to a certain key employee at a weighted average price of $18.02. These options will vest in one-third increments over a three-year period and have a ten-year term. The fair value of these options was $0.1 million. On June 26, 2020, we cancelled 100,000 options in connection with the resignation of our President and Chief Operating Officer.

In 2019, a total of 100,000 stock options were awarded, the fair value of which was $0.6 million. In 2018, a total of 212,940 stock options were awarded, the fair value of which was $1.4 million.

Stock options are granted with an exercise price equal to the closing price of our common stock on the date of grant. All of the options granted and outstanding under this plan have either a seven or ten-year term. We utilize the Black-Scholes option valuation model for estimating the fair value of our stock options. This model allows the use of a range of assumptions related to volatility, risk-free interest rate, expected holding period and dividend yield. The expected volatility utilized in the valuation model is based on the historical volatility of our stock price. The dividend yield and expected holding period are based on historical experience and management's estimate of future events. The risk-free interest rate is derived from the U.S. Treasury yield curve based on the expected life of the option in effect at the time of grant.

The fair values of our stock options were calculated using the following weighted average assumptions, based on the methods described above:


	Years Ended December 31,
	2018		2019		2020
Dividend yield	1.18	%	1.23	%	1.67	%
Expected volatility	27.08	%	27.45	%	38.54	%
Risk-free interest rate	2.65	%	1.65	%	0.25	%
Expected holding period (years)	5.0		5.0		3.7
Black-Scholes value	$6.38		$5.70		$4.61

A summary of the stock options at and changes during the three years ended December 31, 2020 is presented in the table and narrative below (shares in thousands):


	Years Ended December 31,
	2018			2019			2020
	Shares	Wtd. Avg. Ex. Price		Shares	Wtd. Avg. Ex. Price		Shares	Wtd. Avg. Ex. Price
Outstanding at January 1, 2020	1,934	$	20.85	1,523	$	21.95	1,078	$	23.22
Granted	213	$	25.43	100	$	24.35	20	$	18.02
Exercised (1)	(459)	$	17.73	(247)	$	17.37	(40)	$	13.72
Cancelled or expired	(165)	$	25.34	(298)	$	21.96	(146)	$	23.97
Outstanding at December 31, 2020	1,523	$	21.95	1,078	$	23.22	912	$	23.40
Exercisable at December 31, 2020	1,001	$	20.29	643	$	22.02	668	$	22.90



(1)			For the year ended December 31, 2020, 20,000 options were surrendered by employees to pay the option price and taxes related to the option exercises.

The aggregate intrinsic value of the outstanding and exercisable stock options was $7.2 million and $5.6 million at December 31, 2020. The total intrinsic value of options exercised during the years ended December 31, 2018, 2019 and 2020 totaled $3.9 million, $1.2 million and $0.5 million, respectively.

The total fair value of stock options vested during 2018, 2019 and 2020 totaled $1.5 million, $0.9 million and $0.7 million, respectively. We recorded stock-based compensation expense, which is included in Regional and unallocated funeral and cemetery costs and General, administrative and other expenses, for stock options of $1.0 million, $0.7 million and $0.7 million for the years ended December 31, 2018, 2019 and 2020, respectively.

At December 31, 2020, there was $0.8 million of unrecognized compensation cost, net of estimated forfeitures, related to unvested stock options expected to be recognized over a weighted average period of approximately 1.53 years.

The following table further describes our outstanding stock options at December 31, 2020:


	Options Outstanding				Options Exercisable
Actual Ranges of Exercise Prices	Number Outstanding at 12/31/20	Weighted-Average Remaining Contractual Life	Weighted-Average Exercise Price		Number Exercisable at 12/31/20	Weighted-Average Remaining Contractual Life	Weighted-Average Exercise Price
$5.94 - $5.94	22,674	1.18	$	5.94	22,674	1.18	$	5.94
$18.02 - $22.58	461,472	2.41	$	21.68	415,432	2.14	$	21.96
$25.43 - $26.54	427,590	6.50	$	26.19	229,776	6.43	$	26.28
$5.94 - $26.54	911,736	4.30	$	23.40	667,882	3.58	$	22.90

Performance Awards

On February 19, 2020, we granted 237,500 performance awards to our leadership team and certain key employees, payable in shares. The fair value of these performance awards was $2.8 million and was determined by using the Monte-Carlo simulation pricing model. On May 19, 2020, we cancelled all performance award agreements previously awarded to all individuals during 2019 and the February 19, 2020 award.

Concurrently with the cancellation, the Compensation Committee of the Board approved a new performance award (“new performance award”) to be issued to certain employees. These awards will vest (if at all) on December 31, 2024 provided that the Company’s common stock reaches one of five predetermined growth targets for a sustained period beginning on the grant date of May 19, 2020 and ending on December 31, 2024. The new performance award was treated as a modification of the cancelled awards and resulted in an additional $1.7 million of incremental compensation costs. At December 31, 2020, there was $5.0 million of unrecognized compensation cost related to performance awards expected to be recognized over a weighted average period of 4.0 years.

A summary of the new performance award and changes during the year ended December 31, 2020 is presented in the table and below:


Performance Awards	Shares	Weighted Average Grant Date Fair Value
At January 1, 2020	—	—
Granted	399,664	$10.79
Vested	—	—
Cancelled	(33,538)	$9.69
At December 31, 2020	366,126	$10.89

The following table reflects the new performance awards granted during the year ended December 31, 2020, their respective fair values and the assumptions utilized in the Monte-Carlo simulation pricing model:


Grant date	May 19, 2020		June 25, 2020		July 30, 2020		August 31, 2020		October 30, 2020
Performance period	May 19, 2020 - December 31, 2024		June 25, 2020 - December 31, 2024		July 30, 2020 - December 31, 2024		August 31, 2020 - December 31, 2024		October 30, 2020 - December 31, 2024
Awards granted	368,921		13,974		2,795		6,987		6,987
Fair value (in millions) (1)	$3.6		$0.2		$0.1		$0.2		$0.3
Simulation period (years)	4.62		4.52		4.42		4.33		4.17
Share price at grant date	$15.79		$18.02		$23.10		$22.14		$25.81
Expected volatility	34.54	%	36.24	%	37.43	%	37.71	%	38.72	%
Risk-free interest rate	0.33	%	0.29	%	0.20	%	0.24	%	0.30	%



(1)			The total fair value of the new performance awards granted is $4.3 million.

During 2019, we granted 306,623 performance awards to our leadership team and certain key employees, payable in shares. The fair value of these performance awards was $1.6 million and was determined by using the Monte-Carlo simulation pricing model. These performance awards were cancelled on May 19, 2020.

During 2018, we granted 113,320 performance awards to our leadership team and certain key employees, payable in shares. The fair value of these performance awards was approximately $2.9 million and was determined by using the weighted average stock price on the grant date of $25.43. These performance awards were cancelled on November 29, 2019.

We recorded stock-based compensation expense, which is included in Regional and unallocated funeral and cemetery costs and General, administrative and other expenses, for performance awards of $4.4 million, $0.2 million and $0.9 million during the years ended December 31, 2018, 2019 and 2020, respectively.

Employee Stock Purchase Plan

We provide all employees the opportunity to purchase common stock through payroll deductions in our ESPP. Purchases are made quarterly; the price being 85% of the lower of the price on the first day of the plan entry date (beginning of the fiscal year) or the actual date of purchase (end of quarter). In 2020, employees purchased a total of 71,908 shares at a weighted average price of $16.71 per share. In 2019, employees purchased a total of 73,731 shares at a weighted average price of $13.18 per share. In 2018, employees purchased a total of 49,938 shares at a weighted average price of $18.56 per share.

We recorded stock-based compensation expense, which is included in Regional and unallocated funeral and cemetery costs and General, administrative and other expenses, for our ESPP of approximately $0.2 million, $0.3 million and $0.4 million during the years ended December 31, 2018, 2019 and 2020, respectively.

The fair values of the right to purchase shares under the ESPP are estimated at the date of purchase with the four quarterly purchase dates using the following assumptions:


	Years Ended December 31,
	2018		2019		2020
Dividend yield	1.4	%	1.4	%	1.5	%
Expected volatility	20.9	%	36.1	%	48.6	%
Risk-free interest rate	1.44%, 1.61%, 1.72%, 1.83%		2.42%, 2.51%, 2.56%, 2.60%		1.54%, 1.57%, 1.57%, 1.56%
Expected life (years)	0.25, 0.50, 0.75, 1.00		0.25, 0.50, .0.75, 1.00		0.25, 0.50, 0.75, 1.00

Expected volatilities are based on the historical volatility during the previous twelve months of the underlying common stock. The risk-free rate for the quarterly purchase periods is based on the U.S. Treasury yields in effect at the time of purchase. The expected life of the ESPP grants represents the calendar quarters from the beginning of the year to the purchase date (end of each quarter).

Good To Great Incentive Program

On February 19, 2020, we issued 17,991 shares of our common stock to certain employees, which were valued at approximately $0.4 million at a grant date stock price of $25.00.

During 2019, we issued 14,844 shares of our common stock to certain employees, which were valued at approximately $0.3 million at a grant date stock price of $19.92.

During 2018, we issued 5,712 shares of our common stock to certain employees, which were valued at approximately $0.1 million at a grant date stock price of $25.43.

Director (Non-Employee) Compensation Plans

On February 19, 2020, our Board revised the Director Compensation Policy to provide that each independent director is entitled to a quarterly retainer of $35,000 payable in cash and/or unrestricted shares of our common stock at the end of each quarter. The Lead Director and chairman of our Audit Committee are entitled to an additional annual retainer of $10,000, payable in quarterly installments of $2,500 each at the end of each quarter, and the chairman of our Corporate Governance and Compensation Committees are entitled to an additional annual retainer of $5,000, payable in quarterly installments of $1,250 each at the end of each quarter. Any new independent director will receive upon admission to the Board a grant of $25,000 (in addition to the independent director annual retainer prorated at the time the new director is admitted to the Board) which can be taken in cash or unrestricted shares of our common stock. The number of shares of such common stock will be determined by dividing the cash amount by the closing price of our common stock on the date of grant, which will be the date of admission to the Board.

On April 23, 2020, as part of our broad-based effort to respond to COVID-19, the Board approved a temporary reduction of the quarterly retainer for our non-employee directors from $35,000 per quarter to $29,750 per quarter (or 15%) effective April 19, 2020. On June 26, 2020, the Board voted to reinstate the quarterly retainer back to 100% effective as of June 28, 2020.

On July 30, 2020, the Board elected Dr. Achille Messac to serve as a Class II Director until the 2022 annual meeting of shareholders. Mr. Messac was appointed to serve on the Audit, Compensation and Corporate Governance Committees.

Pursuant to the revised Director Compensation Policy described above, for the year ended December 31, 2020, we granted 30,883 shares of our common stock to six Directors, which were valued at $0.7 million at a weighted average stock price of $21.16. For the year ended December 31, 2019, we granted 7,458 shares of our common stock to two Directors, which were valued at $0.2 million at a weighted average stock price of $20.78. For the year ended December 31, 2018, we granted 7,403 shares of our common stock to three Directors, which were valued at $0.2 million at a weighted average stock price of $20.52.

We recorded compensation expense, which is included in General, administrative and other expenses, related to annual retainers, including the value of stock granted to Directors above, of $0.5 million, $0.5 million and $0.9 million during the years ended December 31, 2018, 2019 and 2020, respectively.

Cash Dividends

On May 19, 2020, the Board approved an increase of $0.05 per share to our annual dividend beginning with the dividend declaration in the third quarter. On October 27, 2020, the Board approved an additional increase of $0.0125 per share for a total annual dividend of $0.40 per share beginning with the dividend declaration in the fourth quarter.

Our Board declared the following dividends payable on the dates below (in thousands, except per share amounts):


2020	Per Share		Dollar Value
March 1st	$	0.0750	$	1,339
June 1st	$	0.0750	$	1,343
September 1st	$	0.0875	$	1,569
December 1st	$	0.1000	$	1,797

2019	Per Share		Dollar Value
March 1st	$	0.0750	$	1,360
June 1st	$	0.0750	$	1,365
September 1st	$	0.0750	$	1,336
December 1st	$	0.0750	$	1,337

Share Repurchase Program	12 Months Ended
Share Repurchase Program	Dec. 31, 2020
Class of Stock Disclosures [Abstract]
Share Repurchase Program	SHARE REPURCHASE PROGRAM During the year ended December 31, 2018, we repurchased 1,101,969 shares of common stock for a total cost of $17.7 million at an average cost of $16.03 per share pursuant to our share repurchase program. On July 31, 2019, our Board approved an additional $25.0 million under our share repurchase program in accordance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended. During the year ended December 31, 2019, we repurchased 400,000 shares of common stock for a total cost of $7.8 million at an average cost of $19.39 per share pursuant to our share repurchase program. Our shares were purchased in the open market at times and in amounts as management determined appropriate based on factors such as market conditions, legal requirements and other business considerations. Shares purchased pursuant to the repurchase program are currently held as treasury shares. During the year ended December 31, 2020, we did not repurchase any common shares. At December 31, 2020, we had approximately $25.6 million available for repurchase under our share repurchase program.

Earnings Per Share

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

Share-based awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are participating securities and included in the computation of both basic and diluted earnings per share. Our grants of stock awards to our employees are considered participating securities and we have prepared our earnings per share calculations to exclude earnings allocated to unvested restricted stock awards, using the two-class method, in the basic and diluted weighted average shares outstanding calculation.

The following table sets forth the computation of the basic and diluted earnings per share (in thousands, except per share data):


	Years Ended December 31,
	2018		2019		2020
Numerator for basic and diluted earnings per share:
Net income	$	11,645	$	14,533	$	16,090
Less: Earnings allocated to unvested restricted stock	(57)		(62)		(46)
Income attributable to common stockholders	$	11,588	$	14,471	$	16,044

Denominator:
Denominator for basic earnings per common share - weighted average shares outstanding	17,971		17,877		17,872
Effect of dilutive securities:
Stock options	66		118		196
Convertible Notes	337		10		9
Denominator for diluted earnings per common share - weighted average shares outstanding	18,374		18,005		18,077

Basic earnings per common share	$	0.64	$	0.81	$	0.90
Diluted earnings per common share	$	0.63	$	0.80	$	0.89

The fully diluted weighted average shares outstanding for the years ended December 31, 2018, 2019 and 2020, and the corresponding calculation of fully diluted earnings per share, included approximately 337,000, 10,000 and 9,000 shares that would have been issued upon the conversion of our convertible subordinated notes as a result of the application of the if-converted method prescribed by the FASB ASC 260.

During the year ended December 31, 2020, no stock options were excluded from the computation of diluted earnings per share. For the years ended December 31, 2018 and 2019, there were 1,660,919 and 338,440 stock options excluded from the computation of diluted earnings per share because the inclusion of such stock options would result in an antidilutive effect.

Segment Reporting

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

MAJOR SEGMENTS OF BUSINESS

SEGMENT REPORTING

We conduct funeral and cemetery operations only in the United States. Revenue, disaggregated by major source for each of our reportable segments was as follows (in thousands):


Year Ended, December 31, 2020
	Funeral		Cemetery		Total
Services	$	150,283	$	14,701	$	164,984
Merchandise	84,787		10,778		95,565
Cemetery property	—		44,065		44,065
Other revenue	14,068		10,766		24,834
Total	$	249,138	$	80,310	$	329,448


Year Ended, December 31, 2019
	Funeral		Cemetery		Total
Services	$	131,636	$	10,918	$	142,554
Merchandise	75,682		7,665		83,347
Cemetery property	—		31,167		31,167
Other revenue	9,550		7,489		17,039
Total	$	216,868	$	57,239	$	274,107


Year Ended, December 31, 2018
	Funeral		Cemetery		Total
Services	$	127,262	$	11,342	$	138,604
Merchandise	74,644		8,158		82,802
Cemetery property	—		29,451		29,451
Other revenue	8,819		8,316		17,135
Total	$	210,725	$	57,267	$	267,992

The following table presents operating income (loss), income (loss) before income taxes, depreciation and amortization, interest expense, income tax expense (benefit), total assets, long-lived assets, capital expenditures and number of operating locations by segment (in thousands, except number of operating locations):


	Funeral		Cemetery		Corporate		Consolidated




Operating income (loss):
2020	$	57,622	$	26,859	$	(27,254)	$	57,227
2019	58,756		15,983		(27,296)		47,443
2018	60,035		14,717		(32,640)		42,112
Income (loss) before income taxes:
2020	$	56,875	$	27,087	$	(59,320)	$	24,642
2019	58,844		16,025		(52,453)		22,416
2018	58,896		15,108		(55,738)		18,266
Depreciation and amortization:
2020	$	11,586	$	6,376	$	1,427	$	19,389
2019	11,128		5,227		1,416		17,771
2018	10,726		4,891		1,813		17,430
Interest expense:
2020	$	1,004	$	13	$	31,498	$	32,515
2019	1,142		—		24,380		25,522
2018	1,339		—		19,770		21,109
Income tax expense (benefit):
2020	$	19,738	$	9,401	$	(20,587)	$	8,552
2019	20,694		5,635		(18,446)		7,883
2018	21,349		5,476		(20,204)		6,621
Total assets:
2020	$	764,535	$	366,964	$	14,326	$	1,145,825
2019	790,459		314,413		24,883		1,129,755
2018	686,470		226,475		4,557		917,502
Long-lived assets:
2020	$	619,588	$	172,122	$	995	$	792,705
2019	650,179		145,158		1,303		796,640
2018	572,916		89,654		1,538		664,108
Capital expenditures:
2020	$	6,997	$	7,025	$	1,176	$	15,198
2019	8,403		5,772		1,204		15,379
2018	8,296		3,989		1,241		13,526
Number of operating locations at year end:
2020	178		32		—		210
2019	186		31		—		217
2018	182		29		—		211

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Supplementary Information

12 Months Ended

Dec. 31, 2020

Supplemental Income Statement Elements [Abstract]

SUPPLEMENTAL DISCLOSURE OF STATEMENT OF OPERATIONS INFORMATION

SUPPLEMENTARY DATA

Balance Sheet

The detail of certain balance sheet accounts is as follows (in thousands):


	December 31,
	2019		2020
Prepaids and other current assets:
Prepaid expenses	$	1,596	$	1,919
Deposit on pending acquisition	5,000		—
Federal income tax receivable	2,973		—
State income tax receivable	986		—
Other current assets	112		157
Total other current assets	$	10,667	$	2,076

Current portion of debt and lease obligations:
Current portion of acquisition debt	$	1,306	$	1,027
Current portion of finance lease obligations	290		323
Current portion of operating lease obligations	1,554		2,082
Total current portion of debt and lease obligations	$	3,150	$	3,432

Accrued and other liabilities:
Accrued salaries and wages	$	4,323	$	1,392
Accrued incentive compensation	9,199		11,139
Accrued vacation	2,880		3,271
Accrued insurance	2,329		3,016
Accrued interest	2,299		2,291
Accrued ad valorem and franchise taxes	678		435
Employer payroll tax deferral	—		1,773
Accrued commissions	560		634
Perpetual care trust taxes payable	401		908
Income tax payable	—		798

Other accrued liabilities	1,357		1,825
Unrecognized tax benefit	—		3,656
Total accrued and other liabilities	$	24,026	$	31,138

Other long-term liabilities:

Incentive compensation	$	1,267	$	2,975
Contingent consideration	470		—
Employer payroll tax deferral	—		1,773
Total other long-term liabilities	$	1,737	$	4,748

Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

QUARTERLY FINANCIAL DATA (UNAUDITED)

The tables below set forth consolidated operating results by fiscal quarter (in thousands, except earnings per share):


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2020
Revenue	$	77,490	$	77,477	$	84,393	$	90,088
Gross profit	23,171		25,160		27,874		29,718
Net income (loss)	$	(4,197)	$	6,397	$	5,525	$	8,365
Basic earnings (loss) per common share: (a)	$	(0.23)	$	0.36	$	0.31	$	0.47
Diluted earnings (loss) per common share: (a)	$	(0.23)	$	0.36	$	0.31	$	0.46

2019
Revenue	$	69,081	$	67,752	$	66,125	$	71,149
Gross profit	21,600		19,250		18,056		20,679
Net income	$	6,525	$	4,862	$	577	$	2,569
Basic earnings per common share: (a)	$	0.36	$	0.27	$	0.03	$	0.14
Diluted earnings per common share: (a)	$	0.36	$	0.27	$	0.03	$	0.14



(a)			Earnings per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly per share amounts may not equal the total computed due to rounding.

Supplemental Disclosure of Cash Flow Information

12 Months Ended

Dec. 31, 2020

Supplemental Cash Flow Information [Abstract]

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

The following information is supplemental disclosure for the Consolidated Statements of Cash Flows (in thousands):


	Years Ended December 31,
	2018		2019		2020
Cash paid for interest and financing costs	$	18,858	$	23,870	$	30,935
Cash paid for taxes	$	3,543	$	378	$	2,555
Cash refund received for taxes	$	—	$	—	$	7,012

Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2020

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule of Valuation and Qualifying Accounts Disclosure

CARRIAGE SERVICES, INC.

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

(in thousands)


Description	Balance at beginning of year		Charged to costs and expenses		Deduction		Balance at end of year






Year ended December 31, 2018:
Allowance for bad debts, current portion	$	835	$	1,111	$	1,177	$	769
Allowance for bad debts of preneed cemetery receivables, non-current portion	$	2,278	$	730	$	1,781	$	1,227
Employee severance accruals	$	—	$	1,649	$	508	$	1,141
Valuation allowance of the deferred tax asset	$	244	$	32	$	—	$	276

Year ended December 31, 2019:
Allowance for bad debts, current portion	$	769	$	1,088	$	1,008	$	849
Allowance for bad debts of preneed cemetery receivables, non-current portion	$	1,227	$	532	$	469	$	1,290
Employee severance accruals	$	1,141	$	1,265	$	1,569	$	837
Valuation allowance of the deferred tax asset	$	276	$	—	$	43	$	233

Year ended December 31, 2020:
Allowance for credit losses, current portion	$	849	$	1,617	$	1,179	$	1,287
Allowance for credit losses of preneed cemetery receivables, non-current portion	$	1,290	$	701	$	347	$	1,644
Employee severance accruals	$	837	$	596	$	1,271	$	162
Valuation allowance of the deferred tax asset	$	233	$	—	$	11	$	222

Subsequent Events Subsequent Events	12 Months Ended
Subsequent Events Subsequent Events	Dec. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On January 25, 2021, the Company detected that its information technology (“IT”) system was affected by a ransomware incident. Upon learning of the incident, the Company undertook immediate steps to address the incident, including engaging IT security and forensics experts and working diligently with these experts to assess the impact on the Company’s IT systems, implementing additional security measures to help prevent a similar incident in the future, and to restore any of its IT systems that were impacted by the incident. We have insurance coverage to protect against this type of ransomware attack and therefore the Company expects that recovery of the losses related to the incident is likely after a deductible. As of February 11, 2021, the restoration of any impacted systems was complete. While we are taking all appropriate measures to safeguard the integrity of our IT infrastructure, data, and employee, customer and vendor information and prevent such an event from reoccurring, we cannot provide reasonable assurance that similar incidents may occur in the future. Refer to Part I, Item 1A. Risk Factors for risks related to our business. On January 28, 2021, we received a conversion notice from a holder of our Convertible Notes exercising their right to convert. Following receipt of the conversion notice, in accordance with the terms of the Indenture, we provided notice to settle such conversion in cash, which will settle on the third business day immediately following the applicable 25-day period observation period, as more fully described in the Indenture. On February 17, 2021, the Company entered into an amendment to the employment agreement of Melvin C. Payne, the Company’s Chief Executive Officer and Chairman of the Board (the “Amendment”), to extend the term of his employment to February 17, 2028. The Amendment also increases the minimum amount for Mr. Payne’s base salary to $900,000 and includes consideration paid by the Company to Mr. Payne in the form of Company stock options that only vest if the price of the Company's stock reaches predetermined price targets.

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation, Policy	Principles of Consolidation The accompanying Consolidated Financial Statements include the Company and its subsidiaries. All significant intercompany balances and transactions have been eliminated.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of our Consolidated Financial Statements requires us to make estimates and judgments that affect the reported amounts of assets and liabilities, revenue and expenses. On an ongoing basis, we evaluate our significant estimates and judgments, which include those related to the realization of our accounts receivable, valuation of goodwill, intangible assets, deferred tax assets and liabilities and depreciation of property and equipment. We base our estimates on historical experience, third-party data and assumptions that we believe to be reasonable under the circumstances. The results of these considerations form the basis for making judgments about the amount and timing of revenue and expenses, the carrying value of assets and the recorded amounts of liabilities. Actual results may differ from these estimates and such estimates may change if the underlying conditions or assumptions change. Historical performance should not be viewed as indicative of future performance, as there can be no assurance that our results of operations will be consistent from year to year. Cash and Cash Equivalents We consider all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Funeral and Cemetery Receivables Our funeral receivables are recorded in Accounts receivable, net and primarily consist of amounts due for funeral services already performed. Atneed cemetery receivables and preneed cemetery receivables with payments expected to be received within one year from the balance sheet date are recorded in Accounts receivable, net. Preneed cemetery receivables with payments expected to be received beyond one year from the balance sheet date are recorded in Preneed cemetery receivables, net. Our cemetery receivables generally consist of preneed sales of cemetery interment rights and related products and services, which are typically financed through interest-bearing installment sales contracts, generally with terms of up to five years, with such interest income reflected as Other revenue. In substantially all cases, we receive an initial down payment at the time the contract is signed. For our funeral and atneed cemetery receivables, we have a collections policy where statements are sent to the customer at 30 days past due. Past due notification letters are sent at 45 days and continue until payment is received or the contract is placed with a third-party collections agency. For our preneed cemetery receivables, we have a collections policy where past due notification letters are sent to the customer beginning at 15 days past due and periodically thereafter until payment is received or the contract is cancelled. In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”), Financial Instruments – Credit Losses: Measurement of Credit Losses on Financial Instruments and subsequent amendments collectively known as (“Topic 326”). Topic 326 applies to all entities holding financial assets measured at amortized cost, including loans, trade and financed receivables and other financial instruments. The guidance introduces a new credit reserving model known as Current Expected Credit Loss (“CECL”), which requires earlier recognition of credit losses, while also providing additional transparency about credit risk. The CECL model requires all expected credit losses to be measured based on historical experience, current conditions and reasonable and supportable forecasts about collectability. Prior to adoption of Topic 326, we provided allowances for bad debt and contract cancellations on our receivables based on an analysis of historical trends of collection activity. For both funeral and cemetery receivables, we determine our allowance for credit losses by using a loss-rate methodology, in which we assess our historical write-off of receivables against our total receivables over several years. From this historical loss-rate approach, we also consider the current and forecasted economic conditions expected to be in place over the life of our receivables. These estimates are impacted by a number of factors, including changes in the economy, demographics and competition in our local communities. We monitor our ongoing credit exposure through an active review of our customers’ receivables balance against contract terms and due dates. Our activities include timely performance of our accounts receivable reconciliations, assessment of our aging of receivables, dispute resolution and payment confirmation. We monitor any change in our historical write-off of receivables utilized in our loss-rate methodology and assess forecasted changes in market conditions within our credit reserve. During 2020, we increased our allowance for credit losses on our funeral and cemetery receivables as a result of the economic impact of the COVID-19 pandemic (COVID-19). See Notes 2 and 6 to the Consolidated Financial Statements herein for additional information related to funeral and cemetery receivables.
Inventory, Policy	Inventory Inventory consists primarily of caskets, outer burial containers and cemetery monuments and markers and is recorded at the lower of its cost basis or net realizable value. Inventory is relieved using specific identification in fulfillment of performance obligations on our contracts.
Income Taxes, Policy	Income Taxes We and our subsidiaries file a consolidated U. S. federal income tax return, separate income tax returns in 15 states and combined or unitary income tax returns in 14 states. We record deferred taxes for temporary differences between the tax basis and financial reporting basis of assets and liabilities. We classify our deferred tax liabilities and assets as non-current on our Consolidated Balance Sheet. We record a valuation allowance to reflect the estimated amount of deferred tax assets for which realization is uncertain. Management reviews the valuation allowance at the end of each quarter and makes adjustments if it is determined that it is more likely than not that the tax benefits will be realized. We analyze tax benefits for uncertain tax positions and how they are to be recognized, measured, and derecognized in the financial statements; provide certain disclosures of uncertain tax matters; and specify how reserves for uncertain tax positions should be classified on our Consolidated Balance Sheet. The recently passed Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) has certain provisions that are applicable to the Company as follows: (i) allowing net operating losses (“NOLs”) arising in 2018, 2019 and 2020 to be carried back five years; (ii) increasing the taxable income threshold on the interest deduction from 30% to 50% for tax years beginning in 2019 and 2020; (iii) suspending payment requirements for the 6.2% employer portion of Social Security taxes from the date of enactment through the end of 2020, with half the balance due by the end of 2021, and the other half due by the end of 2022; and (iv) our ability to receive employee retention credits up to $5,000 for paying wages to employees who are unable to work, while business operations are suspended. In connection with the CARES Act, we filed a claim for a refund on June 30, 2020, to carryback the NOLs generated in the tax year ended December 31, 2018. The refund claim from the 2018 tax year was received on August 7, 2020. An additional carryback claim for a refund was filed on November 3, 2020 for the tax year ended December 31, 2019. The refund from this filing has not yet been received. On December 4, 2020, Carriage filed an amended federal return for the tax year ended December 31, 2018, in order to take full advantage of the CARES Act legislative changes. The changes reported in the amended return resulted in additional $2.3 million of loss. The additional losses generated from the amended filing will be administratively carried back and processed as part of the Joint Committee review of the 2018 carryback claim. The majority of the NOLs generated in tax years 2018 and 2019 are the result of filing non-automatic accounting method changes relating to the recognition of revenue from our cemetery property and merchandise and services sales. Due to the uncertainty of the timing of receiving Internal Revenue Service (“IRS”) approval of the method change applications, a reserve has been recorded against the net cash tax benefit derived from carrying back the NOLs generated to tax years in which the enacted federal rate was 35%. The Company's unrecognized tax benefit reserve for the years ended December 31, 2019 and 2020 was $0.7 million and $3.7 million, respectively. There was no reserve recorded at December 31, 2018. Additional benefits stemming from the CARES Act are the deferral of approximately $3.5 million of the 6.2% employer portion of Social Security taxes and approximately $0.4 million employer retention credits for qualifying wages paid to employees unable to work due to governmental restrictions.
Subsequent Events, Policy	Subsequent EventsWe have evaluated events and transactions during the period subsequent to December 31, 2020 through the date the financial statements were issued for potential recognition or disclosure in the accompanying financial statements covered by this report.

- Definition

Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 45
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120406818&loc=d3e32247-109318

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 20
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 954
-SubTopic 740
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6491622&loc=d3e9504-115650

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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-URI http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=116657188&loc=SL116659661-227067

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=120406818&loc=d3e32280-109318

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
-Paragraph 17
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32809-109319

+ Details

Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Property, Plant and Equipment

Depreciation of property, plant and equipment (including equipment under finance leases) is computed based on the straight-line method over the following estimated useful lives of the assets:


			Years
Buildings and improvements			15 to 40
Furniture and fixtures			5 to 10
Machinery and equipment			3 to 15
Automobiles			5 to 70

Property, plant and equipment is comprised of the following (in thousands):


	December 31, 2019		December 31, 2020
Land	$	84,608	$	82,615
Buildings and improvements	242,641		240,567
Furniture, equipment and automobiles	88,046		91,302
Property, plant and equipment, at cost	415,295		414,484
Less: accumulated depreciation	(136,095)		(145,433)
Property, plant and equipment, net	$	279,200	$	269,051

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2020

Business Combinations [Abstract]

Summary of purchase price

The following table summarizes the breakdown of the purchase price allocation for our 2020 acquisition (in thousands):


	Initial Purchase Price Allocation		Adjustments		Adjusted Purchase Price Allocation
Current assets	$	2,662	$	108	$	2,770
Trust investments	9,089		—		9,089
Property, plant & equipment	1,720		—		1,720
Cemetery property	14,753		82		14,835
Goodwill	12,916		500		13,416
Intangible and other non-current assets	2,506		(628)		1,878
Assumed liabilities	(489)		$	—	$	(489)
Deferred tax liability	(527)		(5)		(532)
Trust liabilities	(9,089)		—		(9,089)
Deferred revenue	(541)		(57)		(598)
Purchase price	$	33,000	$	—	$	33,000

The following table summarizes the breakdown of the purchase price allocation for these businesses and the subsequent adjustments made based on additional information which became available subsequent to the acquisitions (in thousands):


	Initial Purchase Price Allocation		Adjustments		Adjusted Purchase Price Allocation
Current assets	$	1,482	$	204	$	1,686
Trust investments	15,891		—		15,891
Property, plant & equipment	21,680		—		21,680
Cemetery property	11,994		(45)		11,949
Goodwill	99,344		638		99,982
Intangible and other non-current assets	8,269		(1,480)		6,789
Assumed liabilities	(657)		(145)		(802)
Trust liabilities	(15,463)		—		(15,463)
Deferred revenue	(1,633)		992		(641)
Purchase price	$	140,907	$	164	$	141,071

Effect of acquisitions on Consolidated Balance Sheets

The following table summarizes the fair value of the assets acquired for our 2020 acquisition (in thousands):


Acquisition Date	Type of Business	Market	Assets Acquired (Excluding Goodwill)		Goodwill Recorded		Liabilities and Debt Assumed
January 3, 2020	One Funeral Home and Cemetery Combination	Lafayette, CA	$	30,292	$	13,416	$	(10,708)

The following table summarizes the fair value of the assets acquired for our 2019 acquisitions based on our final purchase price allocation (in thousands):


Acquisition Date	Type of Business	Market	Assets Acquired (Excluding Goodwill)		Goodwill Recorded		Liabilities and Debt Assumed
October 9, 2019	Four Funeral Homes	Buffalo, NY	$	7,942	$	7,340	$	—
October 28, 2019	One Funeral Home and Cemetery Combination, Three Funeral Homes and Three Ancillary Businesses	Rockwall, TX	$	15,878	$	14,226	$	(6,479)
December 31, 2019	One Funeral Home and Cemetery Combination	Fairfax, VA	$	34,175	$	78,416	$	(10,427)

Goodwill (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill

The following table presents changes in goodwill in the accompanying Consolidated Balance Sheet (in thousands):


	December 31, 2019		December 31, 2020
Goodwill at the beginning of year	$	303,887	$	398,292
Net increase in goodwill related to acquisitions	99,344		14,054
Decrease in goodwill related to divestitures	(4,197)		(5,736)
Decrease in goodwill related to impairments	(742)		(13,632)
Goodwill at the end of the year	$	398,292	$	392,978

Divested Operations Assets Held for Sale and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Operating Results and Gain on Discontinued Operations

The operating results of these divested funeral homes and cemeteries are reflected on our Consolidated Statements of Operations as shown in the table below (in thousands):


	Years Ended December 31,
	2018		2019		2020
Revenue	$	4,712	$	805	$	2,643

Operating income (loss)	1,130		(569)		159
Net loss on divestitures(1)	(349)		(3,883)		(6,749)
Income tax benefit (expense)	(246)		1,288		2,135
Net income (loss) from divested operations, after tax	$	535	$	(3,164)	$	(4,455)



(1)			Net loss on divestitures is recorded in Net loss on divestitures and impairment charges on our Consolidated Statements of Operations.

Receivables (Tables)

12 Months Ended

Dec. 31, 2020

Preneed Cemetery Receivables [Abstract]

Preneed Cemetery Receivables

The following table summarizes the activity in our allowance for credit losses for Preneed cemetery receivables, net for the year ended December 31, 2020 (in thousands):


	January 1, 2020		Provision for Credit Losses		Allowance Recorded at Acquisition		Write Offs		December 31, 2020
Total allowance for credit losses on Preneed cemetery receivables, net	$	(1,290)	$	(701)	$	(171)	$	518	$	(1,644)

Aging of Past Due Financing Receivables

The aging of past due preneed cemetery receivables as of December 31, 2020 is as follows (in thousands):


	31-60 Past Due		61-90 Past Due		91-120 Past Due		>120 Past Due		Total Past Due		Current		Total Financing Receivables
Recognized revenue	$	759	$	348	$	174	$	1,763	$	3,044	$	32,219	$	35,263
Deferred revenue	220		130		42		557		949		11,010		11,959
Total contracts	$	979	$	478	$	216	$	2,320	$	3,993	$	43,229	$	47,222

The aging of past due preneed cemetery receivables as of December 31, 2019 is as follows (in thousands):


	31-60 Past Due		61-90 Past Due		91-120 Past Due		>120 Past Due		Total Past Due		Current		Total Financing Receivables
Recognized revenue	$	745	$	392	$	148	$	1,209	$	2,494	$	28,382	$	30,876
Deferred revenue	219		121		147		302		789		9,651		10,440
Total contracts	$	964	$	513	$	295	$	1,511	$	3,283	$	38,033	$	41,316

Trust Investments (Tables)

12 Months Ended

Dec. 31, 2020

Preneed Trust Investments [Abstract]

Cost and fair market values associated with preneed cemetery trust investments

The cost and fair market values associated with preneed cemetery trust investments at December 31, 2020 are detailed below (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	1,859	$	—	$	—	$	1,859
Fixed income securities:

Foreign debt	2	15,953		2,083		(702)		17,334
Corporate debt	2	14,856		1,820		(358)		16,318
Preferred stock	2	11,886		980		(336)		12,530
Mortgage-backed securities	2	272		—		(159)		113
Common stock	1	30,253		7,642		(6,601)		31,294
Mutual funds:
Fixed Income	2	7,494		1,331		(185)		8,640
Trust securities		$	82,573	$	13,856	$	(8,341)	$	88,088
Accrued investment income		$	993					$	993
Preneed cemetery trust investments								$	89,081
Market value as a percentage of cost								106.7%

The cost and market values associated with preneed cemetery trust investments at December 31, 2019 are detailed below (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	5,729	$	—	$	—	$	5,729
Fixed income securities:

Foreign debt	2	5,609		312		(243)		5,678
Corporate debt	2	16,916		1,044		(649)		17,311
Preferred stock	2	14,206		904		(164)		14,946
Mortgage-backed securities	2	517		—		(114)		403
Common stock	1	28,569		2,766		(3,017)		28,318
Mutual funds:
Fixed Income	2	1,463		72		(85)		1,450
Trust Securities		$	73,009	$	5,098	$	(4,272)	$	73,835
Accrued investment income		$	737					$	737
Preneed cemetery trust investments								$	74,572
Market value as a percentage of cost								101.1%

Estimated maturities of fixed preneed cemetery trust income securities

The estimated maturities of the fixed income securities (excluding mutual funds) included above are as follows (in thousands):


Due in one year or less	$	—
Due in one to five years	11,727
Due in five to ten years	9,810
Thereafter	24,758
Total fixed income securities	$	46,295

Schedule of fair market value and unrealized loss on cemetery merchandise and service trust investments


	December 31, 2020
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	2,517	$	(57)	$	371	$	(645)	$	2,888	$	(702)
Corporate debt	784		(99)		542		(259)		1,326		(358)
Preferred stock	709		(118)		4,049		(218)		4,758		(336)
Mortgage-backed securities	—		—		112		(159)		112		(159)





Total fixed income securities with an unrealized loss	$	4,010	$	(274)	$	5,074	$	(1,281)	$	9,084	$	(1,555)


	December 31, 2019
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:

Foreign debt	$	268	$	(42)	$	758	$	(201)	$	1,026	$	(243)
Corporate debt	1,368		(168)		4,520		(481)		5,888		(649)
Preferred stock	4,135		(164)		—		—		4,135		(164)
Mortgage-backed securities	—		—		402		(114)		402		(114)



Total fixed income securities with an unrealized loss	$	5,771	$	(374)	$	5,680	$	(796)	$	11,451	$	(1,170)

Preneed cemetery trust investment security transactions

Preneed cemetery trust investment security transactions recorded in Other, net on our Consolidated Statements of Operations are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Investment income	$	1,596	$	1,743	$	2,175
Realized gains	4,546		6,353		8,922
Realized losses	(5,817)		(4,677)		(5,090)
Unrealized gains (losses), net	(6,610)		826		5,515
Expenses and taxes	(907)		(1,313)		(1,354)
Net change in deferred preneed cemetery receipts held in trust	7,192		(2,932)		(10,168)
	$	—	$	—	$	—

Purchases and sales of investments in preneed cemetary trusts

Purchases and sales of investments in the preneed cemetery trusts are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Purchases	$	(27,006)	$	(40,984)	$	(48,824)
Sales	39,180		29,635		41,178

Estimated maturities of fixed preneed funeral trust income securities

The estimated maturities of the fixed income securities (excluding mutual funds) included above are as follows (in thousands):


Due in one year or less	$	825
Due in one to five years	11,103
Due in five to ten years	8,615
Thereafter	23,115
Total fixed income securities	$	43,658

Cost and fair market values associated with preneed funeral trust investments

The cost and fair market values associated with preneed funeral trust investments at December 31, 2020 are detailed below (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	18,478	$	—	$	—	$	18,478
Fixed income securities:

U. S. treasury debt	1	819		6		—		825
Foreign debt	2	15,144		2,018		(634)		16,528
Corporate debt	2	13,292		1,638		(310)		14,620
Preferred stock	2	10,944		900		(298)		11,546
Mortgage-backed securities	2	293		1		(155)		139
Common stock	1	28,327		7,364		(6,052)		29,639
Mutual funds:

Fixed income	2	6,475		1,198		(121)		7,552
Other investments	2	3,928		—		—		3,928
Trust securities		$	97,700	$	13,125	$	(7,570)	$	103,255
Accrued investment income		$	911					$	911
Preneed funeral trust investments								$	104,166
Market value as a percentage of cost								105.7%

The cost and market values associated with preneed funeral trust investments at December 31, 2019 are detailed below (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	24,160	$	—	$	—	$	24,160
Fixed income securities:
U.S. treasury debt	1	822		—		—		822

Foreign debt	2	5,587		309		(232)		5,664
Corporate debt	2	16,109		992		(646)		16,455
Preferred stock	2	14,094		874		(198)		14,770
Mortgage-backed securities	2	585		—		(117)		468
Common stock	1	27,652		2,773		(2,869)		27,556
Mutual funds:
Equity	1	772		617		(4)		1,385
Fixed income	2	4,364		107		(107)		4,364
Other investments	2	2,902		—		—		2,902
Trust securities		$	97,047	$	5,672	$	(4,173)	$	98,546
Accrued investment income		$	700					$	700
Preneed funeral trust investments								$	99,246
Market value as a percentage of cost								101.5%

Schedule of fair market value and unrealized loss on preneed funeral trust investments


	December 31, 2020
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:


Foreign debt	$	2,225	$	(55)	$	337	$	(579)	$	2,562	$	(634)
Corporate debt	763		(96)		528		(214)		1,291		(310)
Preferred stock	506		(87)		3,942		(211)		4,448		(298)
Mortgage-backed securities	—		—		111		(155)		111		(155)





Total fixed income securities with an unrealized loss	$	3,494	$	(238)	$	4,918	$	(1,159)	$	8,412	$	(1,397)


	December 31, 2019
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:


Foreign debt	$	274	$	(43)	$	723	$	(189)	$	997	$	(232)
Corporate debt	1,403		(172)		4,433		(474)		5,836		(646)
Preferred stock	4,412		(198)		—		—		4,412		(198)
Mortgage-backed securities	—		—		439		(117)		439		(117)




Total fixed income securities with an unrealized loss	$	6,089	$	(413)	$	5,595	$	(780)	$	11,684	$	(1,193)

Purchases and sales of investments in preneed funeral trusts

Purchases and sales of investments in the preneed funeral trusts are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Purchases	$	(28,264)	$	(38,984)	$	(47,315)
Sales	39,955		29,983		43,270

Cemetery Perpetual Care Trust Investments

Care trusts’ corpus on our Consolidated Balance Sheet represent the corpus of those trusts plus undistributed income. The components of Care trusts’ corpus are as follows (in thousands):


	December 31, 2019		December 31, 2020
Cemetery perpetual care trust investments, at market value	$	64,047	$	70,828
Obligations due from trust	(631)		(1,121)
Care trusts’ corpus	$	63,416	$	69,707

The following table reflects the cost and fair market values associated with the trust investments held in perpetual care trust funds at December 31, 2020 (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	686	$	—	$	—	$	686
Fixed income securities:
Foreign debt	2	12,539		1,641		(582)		13,598
Corporate debt	2	11,684		1,506		(240)		12,950
Preferred stock	2	10,444		819		(355)		10,908
Mortgage-backed securities	2	206		—		(121)		85
Common stock	1	23,662		6,108		(5,255)		24,515
Mutual funds:

Fixed income	2	6,444		1,054		(220)		7,278
Trust securities		$	65,665	$	11,128	$	(6,773)	$	70,020
Accrued investment income		$	808					$	808
Cemetery perpetual care investments								$	70,828
Market value as a percentage of cost								106.6%

The estimated maturities of the fixed income securities (excluding mutual funds) included above are as follows (in thousands):


Due in one year or less	$	—
Due in one to five years	8,819
Due in five to ten years	7,789
Thereafter	20,933
Total fixed income securities	$	37,541

The following table reflects the cost and market values associated with the trust investments held in perpetual care trust funds at December 31, 2019 (in thousands):


	Fair Value Hierarchy Level	Cost		Unrealized Gains		Unrealized Losses		Fair Market Value
Cash and money market accounts	1	$	4,624	$	—	$	—	$	4,624
Fixed income securities:

Foreign debt	2	4,200		238		(175)		4,263
Corporate debt	2	11,658		802		(534)		11,926
Preferred stock	2	10,782		666		(106)		11,342
Mortgage-backed securities	2	324		—		(71)		253
Common stock	1	21,594		3,399		(1,911)		23,082
Mutual funds:
Equity	1	233		146		(1)		378
Fixed income	2	7,156		618		(107)		7,667
Trust securities		$	60,571	$	5,869	$	(2,905)	$	63,535
Accrued investment income		$	512					$	512
Cemetery perpetual care investments								$	64,047
Market value as a percentage of cost								104.9		%


	December 31, 2020
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	1,728	$	(43)	$	312	$	(539)	$	2,040	$	(582)
Corporate debt	592		(74)		410		(166)		1,002		(240)
Preferred stock	1,142		(191)		3,060		(164)		4,202		(355)
Mortgage-backed securities	—		—		85		(121)		85		(121)




Total fixed income securities with an unrealized loss	$	3,462	$	(308)	$	3,867	$	(990)	$	7,329	$	(1,298)


	December 31, 2019
	In Loss Position Less than 12 months				In Loss Position Greater than 12 months				Total
	Fair market value		Unrealized Losses		Fair market value		Unrealized Losses		Fair market value		Unrealized Losses
Fixed income securities:
Foreign debt	$	168	$	(26)	$	549	$	(149)	$	717	$	(175)
Corporate debt	1,057		(196)		3,253		(338)		4,310		(534)
Preferred stock	2,989		(106)		—		—		2,989		(106)
Mortgage-backed securities	—		—		252		(71)		252		(71)



Total fixed income securities with an unrealized loss	$	4,214	$	(328)	$	4,054	$	(558)	$	8,268	$	(886)

Perpetual care trust investment security transactions recorded in Other, net on our Consolidated Statements of Operations are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Realized gains	$	1,364	$	1,663	$	2,602
Realized losses	(1,896)		(1,258)		(1,695)
Unrealized gains (losses), net	(4,405)		2,964		4,355
Net change in Care trusts’ corpus	4,937		(3,369)		(5,262)
Total	$	—	$	—	$	—

Perpetual care trust investment security transactions recorded in Other revenue are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Investment income	$	5,934	$	4,500	$	8,461
Realized losses	(1,355)		(377)		(387)
Total	$	4,579	$	4,123	$	8,074

Purchases and sales of investments in the perpetual care trusts are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Purchases	$	(17,313)	$	(26,573)	$	(38,168)
Sales	25,786		17,588		34,316

Preneed funereal trust investment security transactions

Preneed funeral trust investment security transactions recorded in Other, net on our Consolidated Statements of Operations are as follows (in thousands):


	Years ended December 31,
	2018		2019		2020
Investment income	$	1,623	$	1,753	$	1,907
Realized gains	6,662		6,214		9,441
Realized losses	(5,882)		(4,612)		(4,677)
Unrealized gains (losses), net	(6,727)		1,499		5,555
Expenses and taxes	(885)		(1,129)		(878)
Net change in deferred preneed funeral receipts held in trust	5,209		(3,725)		(11,348)
	$	—	$	—	$	—

Receivables from Preneed Trusts (Tables)

12 Months Ended

Dec. 31, 2020

Receivables From Preneed Trusts [Abstract]

Receivables from Preneed Funeral Trust Funds

eceivables from preneed trusts are as follows (in thousands):


	December 31, 2019		December 31, 2020
Preneed trust funds, at cost	$	18,581	$	17,365
Less: allowance for contract cancellation	(557)		(521)
Receivables from preneed trusts, net	$	18,024	$	16,844

Composition of Assets Held in Trust

Fair value includes unrealized gains and losses on trust assets.

The composition of the preneed trust funds at December 31, 2020 is as follows (in thousands):


	Historical Cost Basis		Fair Value
As of December 31, 2020
Cash and cash equivalents	$	4,604	$	4,604
Fixed income investments	10,355		10,355
Mutual funds and common stocks	2,402		2,569
Annuities	4		4
Total	$	17,365	$	17,532

The composition of the preneed trust funds at December 31, 2019 is as follows (in thousands):


	Historical Cost Basis		Fair Value
As of December 31, 2019
Cash and cash equivalents	$	4,533	$	4,533
Fixed income investments	11,603		11,603
Mutual funds and common stocks	2,440		2,518
Annuities	5		5
Total	$	18,581	$	18,659

Intangible and Other Non-Current Assets Intangible and Other Non-Current Assets (Tables)

12 Months Ended

Dec. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure

Intangible and other non-current assets are as follows (in thousands):


	December 31, 2019		December 31, 2020
Tradenames	$	25,233	$	23,565
Prepaid agreements not-to-compete, net of accumulated amortization of $7,195 and $3,193, respectively	3,915		2,785
Capitalized commissions on preneed contracts, net of accumulated amortization of $1,127 and $1,594, respectively	2,818		3,141

Other	150		51
Intangible and other non-current assets, net	$	32,116	$	29,542

Long-Term Debt Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Our Credit Facility and Acquisition debt consisted of the following (in thousands):


	December 31, 2019		December 31, 2020
Credit Facility	$	83,800	$	47,200
Debt issuance costs, net of accumulated amortization of $337 and $819, respectively	(1,618)		(1,136)
Total Credit Facility	$	82,182	$	46,064

Acquisition debt	$	6,964	$	5,509
Less: current portion	(1,306)		(1,027)
Total acquisition debt, net of current portion	$	5,658	$	4,482

Schedule of Maturities of Long-term Debt


	Credit Facility		Acquisition Debt
Years ending December 31,
2021	$	—	$	1,386
2022	—		825
2023	47,200		825
2024	—		772
2025	—		772
Thereafter	—		3,332
Total Credit Facility and acquisition debt	$	47,200	$	7,912
Less: Interest	—		(2,403)
Present value of Credit Facility and acquisition debt	$	47,200	$	5,509

The aggregate maturities of our Convertible Notes for the next five years subsequent to December 31, 2020 and thereafter are as follows (in thousands):


	Principal Maturity		Discount Amortization		Present Value
Years ending December 31,
2021	$	2,559	$	(20)	$	2,539
2022	—		—		—
2023	—		—		—
2024	—		—		—
2025	—		—		—
Thereafter	—		—		—
Total	$	2,559	$	(20)	$	2,539

The aggregate maturities of our Senior Notes for the next five years subsequent to December 31, 2020 and thereafter are as follows (in thousands):


	Principal Maturity		Discount Amortization		Premium Amortization		Present Value
Years ending December 31,
2021	$	—	$	(565)	$	235	$	(330)
2022	—		(605)		250		(355)
2023	—		(648)		266		(382)
2024	—		(694)		283		(411)
2025	—		(744)		301		(443)
Thereafter	400,000		(326)		132		399,806
Total	$	400,000	$	(3,582)	$	1,467	$	397,885

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Convertible Subordinated Notes (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Convertible Subordinated Notes, Carrying Values of Liability and Equity Components

The carrying values of the liability and equity components of the Convertible Notes are reflected on our Consolidated Balance Sheet as follows (in thousands):


	December 31, 2019		December 31, 2020
Long-term liabilities:
Principal amount	$	6,319	$	2,559
Unamortized discount of liability component	(319)		(20)
Convertible Notes issuance costs, net of accumulated amortization of $130 and $63, respectively	(29)		(1)
Carrying value of the liability component	$	5,971	$	2,538

Carrying value of the equity component	$	789	$	319

Schedule of Maturities of Long-term Debt


	Credit Facility		Acquisition Debt
Years ending December 31,
2021	$	—	$	1,386
2022	—		825
2023	47,200		825
2024	—		772
2025	—		772
Thereafter	—		3,332
Total Credit Facility and acquisition debt	$	47,200	$	7,912
Less: Interest	—		(2,403)
Present value of Credit Facility and acquisition debt	$	47,200	$	5,509

The aggregate maturities of our Convertible Notes for the next five years subsequent to December 31, 2020 and thereafter are as follows (in thousands):


	Principal Maturity		Discount Amortization		Present Value
Years ending December 31,
2021	$	2,559	$	(20)	$	2,539
2022	—		—		—
2023	—		—		—
2024	—		—		—
2025	—		—		—
Thereafter	—		—		—
Total	$	2,559	$	(20)	$	2,539

The aggregate maturities of our Senior Notes for the next five years subsequent to December 31, 2020 and thereafter are as follows (in thousands):


	Principal Maturity		Discount Amortization		Premium Amortization		Present Value
Years ending December 31,
2021	$	—	$	(565)	$	235	$	(330)
2022	—		(605)		250		(355)
2023	—		(648)		266		(382)
2024	—		(694)		283		(411)
2025	—		(744)		301		(443)
Thereafter	400,000		(326)		132		399,806
Total	$	400,000	$	(3,582)	$	1,467	$	397,885

Senior Notes (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Carrying Values

The carrying value of our Senior Notes is reflected on our Consolidated Balance Sheet as follows (in thousands):


	December 31, 2019		December 31, 2020
Long-term liabilities:
Principal amount	$	400,000	$	400,000
Debt premium, net of accumulated amortization of $0 and $221, respectively	1,688		1,467
Debt discount, net of accumulated amortization of $492 and $1,020, respectively	(4,110)		(3,582)
Debt issuance costs, net of accumulated amortization of $216 and $496, respectively	(2,131)		(1,917)
Carrying value of the Senior Notes	$	395,447	$	395,968

Schedule of Maturities of Long-term Debt


	Credit Facility		Acquisition Debt
Years ending December 31,
2021	$	—	$	1,386
2022	—		825
2023	47,200		825
2024	—		772
2025	—		772
Thereafter	—		3,332
Total Credit Facility and acquisition debt	$	47,200	$	7,912
Less: Interest	—		(2,403)
Present value of Credit Facility and acquisition debt	$	47,200	$	5,509

The aggregate maturities of our Convertible Notes for the next five years subsequent to December 31, 2020 and thereafter are as follows (in thousands):


	Principal Maturity		Discount Amortization		Present Value
Years ending December 31,
2021	$	2,559	$	(20)	$	2,539
2022	—		—		—
2023	—		—		—
2024	—		—		—
2025	—		—		—
Thereafter	—		—		—
Total	$	2,559	$	(20)	$	2,539

The aggregate maturities of our Senior Notes for the next five years subsequent to December 31, 2020 and thereafter are as follows (in thousands):


	Principal Maturity		Discount Amortization		Premium Amortization		Present Value
Years ending December 31,
2021	$	—	$	(565)	$	235	$	(330)
2022	—		(605)		250		(355)
2023	—		(648)		266		(382)
2024	—		(694)		283		(411)
2025	—		(744)		301		(443)
Thereafter	400,000		(326)		132		399,806
Total	$	400,000	$	(3,582)	$	1,467	$	397,885

(Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Components of Lease Expense

Our lease obligations consist of operating and finance leases related to real estate and equipment. The components of lease cost are as follows (in thousands):


		Years Ended December 31,
	Income Statement Classification	2019		2020
Operating lease cost	Facilities and grounds expense(1)	$	3,722	$	3,795
Short-term lease cost	Facilities and grounds expense(1)	277		224

Finance lease cost:
Depreciation of leased assets	Depreciation and amortization(2)	$	498	$	439
Interest on lease liabilities	Interest expense	520		496
Total finance lease cost		1,018		935
Total lease cost		$	5,017	$	4,954



(1)			Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)			Depreciation and amortization expense is included within Field depreciation expense and Home office depreciation and amortization on our Consolidated Statements of Operations.

Variable lease expense was immaterial for the years ended December 31, 2019 and 2020.

Supplemental cash flow information related to our leases is as follows (in thousands):


	Years Ended December 31,
	2019		2020
Cash paid for operating leases included in operating activities	$	3,910	$	3,383
Cash paid for finance leases included in financing activities	872		828

Right-of-use assets obtained in exchange for new leases are as follows (in thousands):


	Years Ended December 31,
	2019		2020
Right-of-use assets obtained in exchange for new operating lease liabilities(1)	$	8,175	$	782
Right-of-use assets obtained in exchange for new finance lease liabilities	—		—

(1)

Supplemental balance sheet information related to leases is as follows (in thousands):


Lease Type	Balance Sheet Classification	December 31, 2019		December 31, 2020
Operating lease right-of-use assets	Operating lease right-of-use assets	$	22,304	$	21,201

Finance lease right-of-use assets	Property, plant and equipment, net	6,770		6,770
Accumulated depreciation	Property, plant and equipment, net	(1,566)		(2,005)
Finance lease right-of-use assets, net		$	5,204	$	4,765

Operating lease current liabilities	Current portion of operating lease obligations	$	1,554	$	2,082
Finance lease current liabilities	Current portion of finance lease obligations	290		323
Total current lease liabilities		$	1,844	$	2,405

Operating lease non-current liabilities	Obligations under operating leases, net of current portion	$	21,533	$	20,302
Finance lease non-current liabilities	Obligations under finance leases, net of current portion	5,854		5,531
Total non-current lease liabilities		$	27,387	$	25,833

Total lease liabilities		$	29,231	$	28,238

The average lease terms and discount rates as of December 31, 2020 are as follows:


	Weighted-average remaining lease term (years)	Weighted-average discount rate
Operating leases	10.7	8.1	%
Finance leases	5.9	8.2	%

Maturities of Operating Lease Liabilities

The aggregate future lease payments for operating and finance leases as of December 31, 2020 are as follows (in thousands):


	Operating		Finance
Lease payments due:
2021	$	3,794	$	836
2022	3,422		860
2023	3,301		860
2024	3,292		791
2025	3,156		736
Thereafter	16,188		5,555
Total lease payments	$	33,153	$	9,638
Less: Interest	(10,769)		(3,784)
Present value of lease liabilities	$	22,384	$	5,854

Maturities of Financing Lease Liabilities

The aggregate future lease payments for operating and finance leases as of December 31, 2020 are as follows (in thousands):


	Operating		Finance
Lease payments due:
2021	$	3,794	$	836
2022	3,422		860
2023	3,301		860
2024	3,292		791
2025	3,156		736
Thereafter	16,188		5,555
Total lease payments	$	33,153	$	9,638
Less: Interest	(10,769)		(3,784)
Present value of lease liabilities	$	22,384	$	5,854

Commitments and Contingencies Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Other Commitments [Table Text Block]


	Non-Compete		Consulting		Employment(a)		Total
Years ending December 31,
2021	$	2,103	$	879	$	3,729	$	6,711
2022	1,569		537		3,456		5,562
2023	1,063		266		1,181		2,510
2024	691		114		900		1,705
2025	431		51		900		1,382
Thereafter	439		—		1,912		2,351
Total	$	6,296	$	1,847	$	12,078	$	20,221

Income Taxes Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes consisted of the following (in thousands):


	Years Ended December 31,
	2018		2019		2020
Current:
U. S. federal provision (benefit)	$	1,489	$	(2,039)	$	1,778
State provision (benefit)	1,309		(195)		2,177
Total current provision (benefit)	$	2,798	$	(2,234)	$	3,955
Deferred:
U. S. federal provision	$	2,831	$	8,056	$	3,994
State provision	992		2,061		603
Total deferred provision	$	3,823	$	10,117	$	4,597
Total income tax provision	$	6,621	$	7,883	$	8,552

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of income taxes calculated at the U.S. federal statutory rate to those reflected in the Consolidated Statements of Operations is as follows (dollars in thousands):


	Years Ended December 31,
	2018				2019				2020
	Amount		Percent		Amount		Percent		Amount		Percent
Federal statutory rate	$	3,834	21.0	%	$	4,707	21.0	%	$	5,175	21.0	%
Effect of state income taxes, net of federal benefit	1,776		9.7		1,352		6.0		2,080		8.4
Effect of non-deductible expenses and other, net	1,451		7.9		947		4.2		460		1.9
Effect of divestitures and impairment of businesses	—		—		911		4.10		846		3.4
Change in valuation allowance	26		0.1		(34)		(0.2)		(9)		—
Re-measurement of deferred taxes due to tax reform	(466)		(2.5)		—		—		—		—
Total	$	6,621	36.2	%	$	7,883	35.1	%	$	8,552	34.7	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences from total operations that give rise to significant deferred tax assets and liabilities are as follows (in thousands):


	Years Ended December 31,
	2019		2020
Deferred income tax assets:
Net operating loss carryforwards	$	3,602	$	1,570
Interest expense limitation	4,190		18
Tax credit carryforwards	100		100
State depreciation	1,124		1,264
Accrued and other liabilities	5,124		6,313
Amortization of non-compete agreements	1,104		1,117
Prepaid and other assets	—		741

Total deferred income tax assets	15,244		11,123
Less valuation allowance	(234)		(222)
Total deferred income tax assets	$	15,010	$	10,901
Deferred income tax liabilities:
Depreciation and amortization	$	(49,568)	$	(50,946)
Preneed liabilities	(6,446)		(6,427)
Convertible subordinated notes due 2021	(75)		(5)
Prepaid and other assets	(289)		—
Total deferred income tax liabilities	(56,378)		(57,378)
Total net deferred tax liabilities	$	(41,368)	$	(46,477)

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):


	Years Ended December 31,
	2018		2019		2020
Unrecognized tax benefit at beginning of year	$	—	$	—	$	691
Gross increases - tax positions in prior period	—		691		—
Gross decreases - tax positions in prior period	—		—		(691)
Gross increases - tax positions in current period	—		—		3,656

Unrecognized tax benefit at end of year	$	—	$	691	$	3,656

Stockholders' Equity Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2020

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Compensation, Stock Options, Activity

A summary of the stock options at and changes during the three years ended December 31, 2020 is presented in the table and narrative below (shares in thousands):


	Years Ended December 31,
	2018			2019			2020
	Shares	Wtd. Avg. Ex. Price		Shares	Wtd. Avg. Ex. Price		Shares	Wtd. Avg. Ex. Price
Outstanding at January 1, 2020	1,934	$	20.85	1,523	$	21.95	1,078	$	23.22
Granted	213	$	25.43	100	$	24.35	20	$	18.02
Exercised (1)	(459)	$	17.73	(247)	$	17.37	(40)	$	13.72
Cancelled or expired	(165)	$	25.34	(298)	$	21.96	(146)	$	23.97
Outstanding at December 31, 2020	1,523	$	21.95	1,078	$	23.22	912	$	23.40
Exercisable at December 31, 2020	1,001	$	20.29	643	$	22.02	668	$	22.90

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table further describes our outstanding stock options at December 31, 2020:


	Options Outstanding				Options Exercisable
Actual Ranges of Exercise Prices	Number Outstanding at 12/31/20	Weighted-Average Remaining Contractual Life	Weighted-Average Exercise Price		Number Exercisable at 12/31/20	Weighted-Average Remaining Contractual Life	Weighted-Average Exercise Price
$5.94 - $5.94	22,674	1.18	$	5.94	22,674	1.18	$	5.94
$18.02 - $22.58	461,472	2.41	$	21.68	415,432	2.14	$	21.96
$25.43 - $26.54	427,590	6.50	$	26.19	229,776	6.43	$	26.28
$5.94 - $26.54	911,736	4.30	$	23.40	667,882	3.58	$	22.90

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

In 2019, a total of 25,550 shares of restricted stock were awarded with a grant date market value of $0.5 million. In 2018, a total of 86,260 shares of restricted stock were awarded with a grant date market value of $2.2 million.

A summary of the status of unvested restricted stock as of December 31, 2020, and changes during 2020, is presented below:


Restricted stock awards	Shares	Weighted Average Grant Date Fair Value
Unvested at January 1, 2020	69,745	$	23.56
Granted	10,200	25.00
Vested	(34,815)	24.26
Cancelled	—	—
Unvested at December 31, 2020	45,130	$	23.34

Schedule of Dividends Payable

ur Board declared the following dividends payable on the dates below (in thousands, except per share amounts):


2020	Per Share		Dollar Value
March 1st	$	0.0750	$	1,339
June 1st	$	0.0750	$	1,343
September 1st	$	0.0875	$	1,569
December 1st	$	0.1000	$	1,797

2019	Per Share		Dollar Value
March 1st	$	0.0750	$	1,360
June 1st	$	0.0750	$	1,365
September 1st	$	0.0750	$	1,336
December 1st	$	0.0750	$	1,337

Employee Stock Option

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The fair values of our stock options were calculated using the following weighted average assumptions, based on the methods described above:


	Years Ended December 31,
	2018		2019		2020
Dividend yield	1.18	%	1.23	%	1.67	%
Expected volatility	27.08	%	27.45	%	38.54	%
Risk-free interest rate	2.65	%	1.65	%	0.25	%
Expected holding period (years)	5.0		5.0		3.7
Black-Scholes value	$6.38		$5.70		$4.61

Employee Stock Purchase Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The fair values of the right to purchase shares under the ESPP are estimated at the date of purchase with the four quarterly purchase dates using the following assumptions:


	Years Ended December 31,
	2018		2019		2020
Dividend yield	1.4	%	1.4	%	1.5	%
Expected volatility	20.9	%	36.1	%	48.6	%
Risk-free interest rate	1.44%, 1.61%, 1.72%, 1.83%		2.42%, 2.51%, 2.56%, 2.60%		1.54%, 1.57%, 1.57%, 1.56%
Expected life (years)	0.25, 0.50, 0.75, 1.00		0.25, 0.50, .0.75, 1.00		0.25, 0.50, 0.75, 1.00

Earnings Per Share Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of the basic and diluted earnings per share (in thousands, except per share data):


	Years Ended December 31,
	2018		2019		2020
Numerator for basic and diluted earnings per share:
Net income	$	11,645	$	14,533	$	16,090
Less: Earnings allocated to unvested restricted stock	(57)		(62)		(46)
Income attributable to common stockholders	$	11,588	$	14,471	$	16,044

Denominator:
Denominator for basic earnings per common share - weighted average shares outstanding	17,971		17,877		17,872
Effect of dilutive securities:
Stock options	66		118		196
Convertible Notes	337		10		9
Denominator for diluted earnings per common share - weighted average shares outstanding	18,374		18,005		18,077

Basic earnings per common share	$	0.64	$	0.81	$	0.90
Diluted earnings per common share	$	0.63	$	0.80	$	0.89

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Revenue, pre-tax income and total assets by segments


	Funeral		Cemetery		Corporate		Consolidated




Operating income (loss):
2020	$	57,622	$	26,859	$	(27,254)	$	57,227
2019	58,756		15,983		(27,296)		47,443
2018	60,035		14,717		(32,640)		42,112
Income (loss) before income taxes:
2020	$	56,875	$	27,087	$	(59,320)	$	24,642
2019	58,844		16,025		(52,453)		22,416
2018	58,896		15,108		(55,738)		18,266
Depreciation and amortization:
2020	$	11,586	$	6,376	$	1,427	$	19,389
2019	11,128		5,227		1,416		17,771
2018	10,726		4,891		1,813		17,430
Interest expense:
2020	$	1,004	$	13	$	31,498	$	32,515
2019	1,142		—		24,380		25,522
2018	1,339		—		19,770		21,109
Income tax expense (benefit):
2020	$	19,738	$	9,401	$	(20,587)	$	8,552
2019	20,694		5,635		(18,446)		7,883
2018	21,349		5,476		(20,204)		6,621
Total assets:
2020	$	764,535	$	366,964	$	14,326	$	1,145,825
2019	790,459		314,413		24,883		1,129,755
2018	686,470		226,475		4,557		917,502
Long-lived assets:
2020	$	619,588	$	172,122	$	995	$	792,705
2019	650,179		145,158		1,303		796,640
2018	572,916		89,654		1,538		664,108
Capital expenditures:
2020	$	6,997	$	7,025	$	1,176	$	15,198
2019	8,403		5,772		1,204		15,379
2018	8,296		3,989		1,241		13,526
Number of operating locations at year end:
2020	178		32		—		210
2019	186		31		—		217
2018	182		29		—		211

Supplementary Information (Tables)

12 Months Ended

Dec. 31, 2020

Supplemental Income Statement Elements [Abstract]

Supplementary Balance Sheet Disclosures

The detail of certain balance sheet accounts is as follows (in thousands):


	December 31,
	2019		2020
Prepaids and other current assets:
Prepaid expenses	$	1,596	$	1,919
Deposit on pending acquisition	5,000		—
Federal income tax receivable	2,973		—
State income tax receivable	986		—
Other current assets	112		157
Total other current assets	$	10,667	$	2,076

Current portion of debt and lease obligations:
Current portion of acquisition debt	$	1,306	$	1,027
Current portion of finance lease obligations	290		323
Current portion of operating lease obligations	1,554		2,082
Total current portion of debt and lease obligations	$	3,150	$	3,432

Accrued and other liabilities:
Accrued salaries and wages	$	4,323	$	1,392
Accrued incentive compensation	9,199		11,139
Accrued vacation	2,880		3,271
Accrued insurance	2,329		3,016
Accrued interest	2,299		2,291
Accrued ad valorem and franchise taxes	678		435
Employer payroll tax deferral	—		1,773
Accrued commissions	560		634
Perpetual care trust taxes payable	401		908
Income tax payable	—		798

Other accrued liabilities	1,357		1,825
Unrecognized tax benefit	—		3,656
Total accrued and other liabilities	$	24,026	$	31,138

Other long-term liabilities:

Incentive compensation	$	1,267	$	2,975
Contingent consideration	470		—
Employer payroll tax deferral	—		1,773
Total other long-term liabilities	$	1,737	$	4,748

Quarterly Financial Data (Unaudited) Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

The tables below set forth consolidated operating results by fiscal quarter (in thousands, except earnings per share):


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2020
Revenue	$	77,490	$	77,477	$	84,393	$	90,088
Gross profit	23,171		25,160		27,874		29,718
Net income (loss)	$	(4,197)	$	6,397	$	5,525	$	8,365
Basic earnings (loss) per common share: (a)	$	(0.23)	$	0.36	$	0.31	$	0.47
Diluted earnings (loss) per common share: (a)	$	(0.23)	$	0.36	$	0.31	$	0.46

2019
Revenue	$	69,081	$	67,752	$	66,125	$	71,149
Gross profit	21,600		19,250		18,056		20,679
Net income	$	6,525	$	4,862	$	577	$	2,569
Basic earnings per common share: (a)	$	0.36	$	0.27	$	0.03	$	0.14
Diluted earnings per common share: (a)	$	0.36	$	0.27	$	0.03	$	0.14



(a)			Earnings per share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly per share amounts may not equal the total computed due to rounding.

Supplemental Disclosure of Cash Flow Information (Tables)

12 Months Ended

Dec. 31, 2020

Supplemental Cash Flow Information [Abstract]

Supplemental Disclosure for the Consolidated Statements of Cash Flows

The following information is supplemental disclosure for the Consolidated Statements of Cash Flows (in thousands):


	Years Ended December 31,
	2018		2019		2020
Cash paid for interest and financing costs	$	18,858	$	23,870	$	30,935
Cash paid for taxes	$	3,543	$	378	$	2,555
Cash refund received for taxes	$	—	$	—	$	7,012

Basis of Presentation and Summary of Significant Accounting Policies (Operations) (Details) $ in Thousands							3 Months Ended		12 Months Ended
	Jan. 03, 2020 USD ($) business	Dec. 31, 2019 USD ($) funeral_home_and_cemetery	Oct. 28, 2019 funeral_homes	Oct. 28, 2019 funeral_home_and_cemetery	Oct. 28, 2019 business	Oct. 09, 2019 funeral_homes	Mar. 31, 2020 USD ($)	Mar. 31, 2019 USD ($)	Dec. 31, 2020 USD ($) divestiture	Dec. 31, 2019 USD ($) divestiture	Dec. 31, 2018 USD ($)
Organization Description and Operations [Line Items]
Field depreciation expense									$ 13,006	$ 12,370	$ 12,015
Amortization Of Cemetery Property							$ 5,000	$ 4,000			3,600
Accounts Receivable, before Allowance for Credit Loss		$ 20,554							$ 23,678	20,554
The percentage of trust assets in custody of institution receiving trust management services									80.00%
Accounts receivable, net of allowance for bad debts		21,478							$ 25,103	21,478
Preneed receivables		20,173							21,081	20,173
Bad debt									2,318	1,618	1,841
Income Tax Expense (Benefit), Net Of Uncertain Tax Positions									(8,552)	(7,883)	(6,621)
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)							1,100
Goodwill, Impairment Loss							$ 13,600
Unearned Finance Charges Included In Receivables		4,522							4,348	4,522
Amortization of capitalized commissions and non-compete agreements									600	600	600
Accumulated Amortization, Property, Plant, and Equipment		(46,600)							$ (41,700)	(46,600)
Lease Term, Options To Extend									26 years
Proceeds from Divestiture of Businesses									$ 8,400	900
Property, Plant and Equipment, Disposals									8,000	600
Property, Plant and Equipment, Additions										(15,400)
Total benefit for income taxes									8,552	7,883	6,621
Share-based Payment Arrangement, Expense, Tax Benefit									$ 100	$ 400	800
Number of Businesses Sold \| divestiture									8	3
Goodwill and Intangible Asset Impairment									$ 5,700	$ 700	800
Quantitative Impairment Test									3 years
Qualitative Impairment Test									2 years
Term of sales contract for cemetery interment rights, maximum (in years)									5 years
Funeral And Cemetery [Member]
Organization Description and Operations [Line Items]
Bad debt										1,100
Funeral Homes [Member]
Organization Description and Operations [Line Items]
Revenue, Percentage									75.00%
Cemeteries [Member]
Organization Description and Operations [Line Items]
Revenue, Percentage									25.00%
Funeral
Organization Description and Operations [Line Items]
Accounts Receivable, before Allowance for Credit Loss		10,046							$ 11,448	10,046
Revenue, Remaining Performance Obligation, Amount		8,900							$ 8,200	8,900
Funeral \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-01
Organization Description and Operations [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period									10 years
Cemetery
Organization Description and Operations [Line Items]
Accounts Receivable, before Allowance for Credit Loss		10,508							$ 12,230	10,508
Revenue, Remaining Performance Obligation, Amount		$ 4,800							$ 7,900	$ 4,800
Cemetery \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-01
Organization Description and Operations [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period									8 years
Lafayette, California [Member]
Organization Description and Operations [Line Items]
Property, plant & equipment	$ 1,720								$ 1,720
Number of Businesses Acquired \| business	1
Fairfax, Virginia [Member]
Organization Description and Operations [Line Items]
Number of Businesses Acquired \| funeral_home_and_cemetery		1
Buffalo, New York [Member]
Organization Description and Operations [Line Items]
Number of Businesses Acquired \| funeral_homes						4
Rockwall, Texas
Organization Description and Operations [Line Items]
Number of Businesses Acquired			3	1	3
Minimum
Organization Description and Operations [Line Items]
Service Contract, Term									8 years
Lessee, Operating Lease, Term of Contract									1 year
Lessee, Finance Lease, Term of Contract									10 years
Maximum
Organization Description and Operations [Line Items]
Service Contract, Term									10 years
Lessee, Operating Lease, Term of Contract									19 years
Lessee, Finance Lease, Term of Contract									40 years
Trade Names
Organization Description and Operations [Line Items]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)											$ 200

Basis of Presentation and Summary of Significant Accounting Policies (PPE) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross			$ 414,484	$ 415,295
Unearned Finance Charges Included In Receivables			4,348	4,522
Provision for bad debt and credit losses			2,318	1,618	$ 1,841
Accumulated amortization of cemetery property			41,700	46,600
Amortization Of Cemetery Property	$ 5,000	$ 4,000			3,600
Less: accumulated depreciation			(145,433)	(136,095)
Property, plant and equipment, net			269,051	279,200
Field depreciation expense			13,006	12,370	12,015
Payments to Acquire Property, Plant, and Equipment			(15,198)	(15,379)	$ (13,526)
Land
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross			82,615	84,608
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross			240,567	242,641
Furniture, equipment and automobiles
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross			91,302	88,046
Funeral
Property, Plant and Equipment [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current			189	213
Funeral And Cemetery [Member]
Property, Plant and Equipment [Line Items]
Provision for bad debt and credit losses				1,100
Cemetery
Property, Plant and Equipment [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current			580	622
Series of Individually Immaterial Business Acquisitions [Member]
Property, Plant and Equipment [Line Items]
Property, plant & equipment			$ 21,680	$ 21,680

Basis of Presentation and Summary of Significant Accounting Policies Preneed Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Preneed Receivables, Gross	$ 47,222	$ 41,316
Preneed Receivables, Balances Due on Undelivered Contracts	(7,919)	(4,823)
Preneed cemetery receivables, net	21,081	20,173
Balance of receivables for preneed cemetery interment rights	36,696	31,366
Balance of receivables for preneed cemetery interment related products and services	10,526	9,950
Financing Receivable, before Allowance for Credit Loss	$ 47,222	$ 41,316

Basis of Presentation and Summary of Significant Accounting Policies Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Income before income taxes	$ 24,642	$ 22,416	$ 18,266
Income Tax Expense (Benefit)	(7,985)	(7,395)	(5,754)
Total benefit for income taxes	8,552	7,883	6,621
Employer Payroll Tax Deferral	3,500	0
Employer Payroll Tax Credit	400
Unrecognized tax benefits	$ 3,656	$ 691	$ 0	$ 0

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

Basis of Presentation and Summary of Significant Accounting Policies Performance Obligation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenue from External Customer [Line Items]
Term of sales contract for cemetery interment rights, maximum (in years)	5 years
Funeral
Revenue from External Customer [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 8.2	$ 8.9
Funeral \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-01
Revenue from External Customer [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	10 years
Cemetery
Revenue from External Customer [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 7.9	$ 4.8
Cemetery \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-01
Revenue from External Customer [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	8 years

Basis of Presentation and Summary of Significant Accounting Policies (Narrative) (Details) shares in Thousands		3 Months Ended		12 Months Ended
	Jan. 03, 2020 USD ($) business	Mar. 31, 2020 USD ($)	Mar. 31, 2019 USD ($)	Dec. 31, 2020 USD ($) locations states segment shares	Dec. 31, 2019 USD ($) locations shares	Dec. 31, 2018 USD ($) locations shares
Debt Instrument [Line Items]
Retained earnings				$ 102,303,000	$ 86,213,000
Accounts Receivable, before Allowance for Credit Loss				23,678,000	20,554,000
Financing Receivable, before Allowance for Credit Loss				47,222,000	41,316,000
Unearned Finance Charges Included In Receivables				$ 4,348,000	$ 4,522,000
Number of operating locations at year end \| locations				210	217	211
Share-based Payment Arrangement, Expense, Tax Benefit				$ 100,000	$ 400,000	$ 800,000
Taxes paid on restricted stock vestings and exercise of stock options				(348,000)	(194,000)	(651,000)
Debt Issuance Costs, Net				$ 1,136,000	1,618,000
Number of states in which the entity operated funeral homes (in States) \| states				26
Number of states in which the entity operated cemeteries (in States) \| states				12
Number of business segments \| segment				2
Amortization Of Cemetery Property		$ 5,000,000.0	$ 4,000,000.0			3,600,000
Accounts receivable, net of allowance for bad debts				$ 25,103,000	21,478,000
Bad debt				$ 2,318,000	1,618,000	1,841,000
The percentage of trust assets in custody of institution receiving trust management services				80.00%
Field depreciation expense				$ 14,400,000	13,800,000	$ 13,800,000
Impairment of long lived assets				$ 200,000	$ 0
Incremental common shares attributable to dilutive effect of conversion of debt securities \| shares				9	10	337
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)		1,100,000
Cemetery Property, Net				$ 101,134,000	$ 87,032,000
Amortization of capitalized commissions and non-compete agreements				600,000	600,000	$ 600,000
Goodwill and Intangible Asset Impairment				5,700,000	700,000	$ 800,000
Goodwill, Written off Related to Sale of Business Unit				13,632,000	742,000
Goodwill, Impairment Loss		$ 13,600,000
Accumulated amortization of cemetery property				$ 41,700,000	46,600,000
Lease Term, Options To Extend				26 years
Proceeds from Divestiture of Businesses				$ 8,400,000	900,000
Property, Plant and Equipment, Disposals				$ 8,000,000.0	600,000
Property, Plant and Equipment, Additions					15,400,000
Separate Income Tax Return
Debt Instrument [Line Items]
Number of States in Which Entity Files Separate State Income Tax Returns \| states				15
Combined or unitary income tax return
Debt Instrument [Line Items]
Number of States in Which Entity Files Unitary Tax Returns \| states				14
Funeral
Debt Instrument [Line Items]
Revenue, Remaining Performance Obligation, Amount				$ 8,200,000	8,900,000
Accounts Receivable, before Allowance for Credit Loss				$ 11,448,000	$ 10,046,000
Number of operating locations at year end \| locations				178	186	182
Cemetery
Debt Instrument [Line Items]
Revenue, Remaining Performance Obligation, Amount				$ 7,900,000	$ 4,800,000
Accounts Receivable, before Allowance for Credit Loss				$ 12,230,000	$ 10,508,000
Number of operating locations at year end \| locations				32	31	29
Funeral Homes [Member]
Debt Instrument [Line Items]
Revenue, Percentage				75.00%
Cemeteries [Member]
Debt Instrument [Line Items]
Revenue, Percentage				25.00%
Lafayette, California [Member]
Debt Instrument [Line Items]
Number of Businesses Acquired \| business	1
Property, plant & equipment	$ 1,720,000			$ 1,720,000
Trade Names
Debt Instrument [Line Items]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)						$ 200,000
Convertible subordinated notes
Debt Instrument [Line Items]
Debt Issuance Costs, Net				1,000	$ 29,000
Discontinued Operations, Disposed of by Sale [Member] \| KENTUCKY
Debt Instrument [Line Items]
Disposal Group, Including Discontinued Operation, Consideration					8,400,000
Discontinued Operations, Disposed of by Sale [Member] \| Tennessee
Debt Instrument [Line Items]
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest				(4,455,000)	(3,164,000)	$ 535,000
Cemetery
Debt Instrument [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current				580,000	622,000
Funeral
Debt Instrument [Line Items]
Accounts Receivable, Allowance for Credit Loss, Current				$ 189,000	$ 213,000
Minimum
Debt Instrument [Line Items]
Service Contract, Term				8 years
Maximum
Debt Instrument [Line Items]
Service Contract, Term				10 years

Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation and Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Preneed Receivables, Gross	$ 47,222	$ 41,316
Preneed Receivables, Balances Due on Undelivered Contracts	(7,919)	(4,823)
Preneed receivables	21,081	20,173
Accounts receivable, net of allowance for bad debts	25,103	21,478
Property, Plant and Equipment, Gross	414,484	415,295
Less: accumulated depreciation	(145,433)	(136,095)
Property, plant and equipment, net	269,051	279,200
Land
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	82,615	84,608
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 240,567	242,641
Buildings and improvements \| Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	15 years
Buildings and improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	40 years
Furniture and fixtures \| Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Furniture and fixtures \| Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	10 years
Machinery and equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Machinery and equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	15 years
Automobiles \| Minimum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Automobiles \| Maximum
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	7 years
Furniture, equipment and automobiles
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 91,302	$ 88,046

Basis of Presentation and Summary of Significant Accounting Policies Correction of Immaterial Error (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Liabilities	$ 905,323	$ 903,186
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(240,502)	(226,569)	$ (221,492)	$ (197,656)
Accumulated Deficit
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$ (102,303)	$ (86,213)	$ (71,680)	$ (57,904)

- Definition

Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.

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- Definition

Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.

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+ Details

Acquisitions (Narrative) (Details) $ in Thousands						3 Months Ended	12 Months Ended
Acquisitions (Narrative) (Details) $ in Thousands	Jan. 03, 2020 USD ($) business	Dec. 31, 2019 funeral_home_and_cemetery	Oct. 28, 2019 USD ($)	Oct. 09, 2019 USD ($) funeral_homes	Aug. 28, 2018 USD ($)	Mar. 31, 2020 USD ($)	Dec. 31, 2020 USD ($)
Buffalo, New York [Member]
Business Acquisition [Line Items]
Number of Businesses Acquired \| funeral_homes				4
Consideration transferred				$ 15,300
Dallas, Texas [Member]
Business Acquisition [Line Items]
Consideration transferred			$ 23,600
Fairfax, Virginia [Member]
Business Acquisition [Line Items]
Number of Businesses Acquired \| funeral_home_and_cemetery		1
Consideration transferred					$ 102,000
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred							$ 164
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred							164
Cash Acquired from Acquisition							153
Lafayette, California [Member]
Business Acquisition [Line Items]
Number of Businesses Acquired \| business	1
Consideration transferred	$ 33,000
Payments to acquire businesses						$ 5,000	28,000
Business combination, purchase price	$ 33,000						$ 33,000

Acquisitions Acquisitions (Purchase Price Breakdown) (Details) - USD ($) $ in Thousands					3 Months Ended	12 Months Ended
	Jan. 03, 2020	Oct. 28, 2019	Oct. 09, 2019	Aug. 28, 2018	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill						$ 392,978	$ 398,292	$ 303,887
Buffalo, New York [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets			$ 7,942
Consideration transferred			15,300
Goodwill			7,340
Liabilities and Debt Assumed			$ 0
Dallas, Texas [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets		$ 15,878
Consideration transferred		23,600
Goodwill		14,226
Liabilities and Debt Assumed		$ (6,479)
Fairfax, Virginia [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets						34,175
Consideration transferred				$ 102,000
Goodwill						78,416
Liabilities and Debt Assumed						(10,427)
Lafayette, California [Member]
Business Acquisition [Line Items]
Payments to acquire businesses					$ 5,000	28,000
Consideration transferred	$ 33,000
Goodwill	12,916					13,416
Property, plant & equipment	$ 1,720					$ 1,720

Acquisitions (Purchase Price Allocation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Jan. 03, 2020	Dec. 31, 2019	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill	$ 392,978		$ 398,292	$ 303,887
Series of Individually Immaterial Business Acquisitions [Member]
Business Acquisition [Line Items]
Current assets	1,686		1,482
Trust investments	15,891		15,891
Property, plant & equipment	21,680		21,680
Cemetery Property Purchase Account Adjustments	(45)
Cemetery property	11,949		11,994
Goodwill, Purchase Accounting Adjustments	638
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets		$ 30,292
Goodwill	99,982	13,416	99,344
Intangible Assets And Other Non-Current Assets, Purchase Accounting Adjustments	(1,480)
Intangible and other non-current assets	6,789		8,269
Assumed Liabilities, Purchase Accounting Adjustments	(145)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(802)		(657)
Trust liabilities	(15,463)		(15,463)
Deferred Revenue, Purchase Accounting Adjustments	992
Deferred revenue	(641)		(1,633)
Business combination, purchase price	141,071		$ 140,907
Current Assets, Purchase Accounting Adjustments	204
Liabilities and Debt Assumed		(10,708)
Lafayette, California [Member]
Business Acquisition [Line Items]
Current assets	2,770	2,662
Trust investments	9,089	9,089
Property, plant & equipment	1,720	1,720
Cemetery Property Purchase Account Adjustments	82
Cemetery property	14,835	14,753
Goodwill, Purchase Accounting Adjustments	500
Goodwill	13,416	12,916
Intangible Assets And Other Non-Current Assets, Purchase Accounting Adjustments	(628)
Intangible and other non-current assets	1,878	2,506
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(489)	(489)
Purchase Accounting, Adjustments, Deferred Tax Liabilities	(5)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	(532)	(527)
Trust liabilities	(9,089)	(9,089)
Deferred Revenue, Purchase Accounting Adjustments	(57)
Deferred revenue	(598)	(541)
Business combination, purchase price	33,000	$ 33,000
Current Assets, Purchase Accounting Adjustments	108
Fairfax, Virginia [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets	34,175
Goodwill	78,416
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred	164
Cash Acquired from Acquisition	153
Liabilities and Debt Assumed	(10,427)
Cash Acquired from Acquisition	$ 153

Goodwill (Changes in Goodwill) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill [Roll Forward]
Goodwill at the beginning of year	$ 398,292	$ 398,292		$ 303,887
Net increase in goodwill related to acquisitions		14,054	$ 99,344
Decrease in goodwill related to divestitures		(13,632)	(742)
Decrease in goodwill related to impairments		(5,736)	(4,197)
Goodwill at the end of the year		392,978	398,292
Goodwill and Intangible Asset Impairment		5,700	700	$ 800
Goodwill, Impairment Loss	13,600
Goodwill, Impairment Loss	$ 13,600
Funeral Home 1
Goodwill [Roll Forward]
Goodwill and Intangible Asset Impairment			4,200
Cemetery
Goodwill [Roll Forward]
Net increase in goodwill related to acquisitions		10,400	36,900
Funeral
Goodwill [Roll Forward]
Net increase in goodwill related to acquisitions		$ 3,700	$ 62,400

Assets Held for Sale and Discontinued Operations (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2020 USD ($) divestiture	Dec. 31, 2019 USD ($) divestiture
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Businesses Sold \| divestiture	8	3
Proceeds from Divestiture of Businesses \| $	$ 8.4	$ 0.9

Divested Operations Assets Held for Sale and Discontinued Operations (Assets held for sale and discontinued operations) (Details) - Tennessee - Discontinued Operations, Disposed of by Sale [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	$ 2,643	$ 805	$ 4,712
Operating income	159	(569)	1,130
Net gain on disposal	(6,749)	(3,883)	(349)
Income tax provision	2,135	1,288	(246)
Income from discontinued operations, net of tax	$ (4,455)	$ (3,164)	$ 535

- Definition

Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

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+ Details

Receivables Accounts Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Accounts Receivable, before Allowance for Credit Loss	$ 23,678	$ 20,554
Other Receivables, Gross, Current	2,712	1,773
Allowance for credit losses	(1,287)	(849)
Accounts Receivable, after Allowance for Credit Loss	25,103	21,478
Funeral
Segment Reporting Information [Line Items]
Accounts Receivable, before Allowance for Credit Loss	11,448	10,046
Other Receivables, Gross, Current	367	935
Allowance for credit losses	(327)	(223)
Accounts Receivable, after Allowance for Credit Loss	11,488	10,758
Cemetery
Segment Reporting Information [Line Items]
Accounts Receivable, before Allowance for Credit Loss	12,230	10,508
Other Receivables, Gross, Current	2,144	157
Allowance for credit losses	(960)	(626)
Accounts Receivable, after Allowance for Credit Loss	13,414	10,039
Corporate
Segment Reporting Information [Line Items]
Accounts Receivable, before Allowance for Credit Loss	0	0
Other Receivables, Gross, Current	201	681
Allowance for credit losses	0	0
Accounts Receivable, after Allowance for Credit Loss	$ 201	$ 681

Receivables (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
Receivables (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss	$ 1,287	$ 849
Unearned Finance Charges Included In Receivables	4,348	4,522
Provision for bad debt and credit losses	$ 2,318	1,618	$ 1,841
Accounts and Financing Receivable, Allowance, Percentage of Face Value	60.00%
Funeral And Cemetery [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for bad debt and credit losses		1,100
Preneed Cemetery Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, Allowance for Credit Loss	$ 1,644	1,290
Provision for bad debt and credit losses	$ 701	$ 500	$ 700

Receivables (Preneed cemetery receivables) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Debt and Equity Securities, FV-NI [Line Items]
Preneed Receivables, Gross	$ 47,222	$ 41,316
Deferred Discounts, Finance Charges and Interest Included in Receivables	(4,348)	(4,522)
Receivables From Preneed Funeral Trust Gross	42,874	36,794
Preneed Receivables, Balances Due on Undelivered Contracts	(7,919)	(4,823)
Preneed cemetery receivables, net	21,081	20,173
Allowance for Contract Cancellations [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Beginning Balance	849
Provision	(2,318)	(1,618)	$ (1,841)
Accounts Receivable, Allowance for Credit Loss, Ending Balance	1,287	849
Accounts Receivable, before Allowance for Credit Loss	23,678	20,554
Preneed Funeral Trust Funds Allowance For Contract Cancellation And Credit Loss	(2,604)	(1,916)
Preneed Cemetery Receivable, after Allowance for Credit Loss	(11,270)	(9,882)
Cemetery
Allowance for Contract Cancellations [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Beginning Balance	626
Accounts Receivable, Allowance for Credit Loss, Ending Balance	960	626
Accounts Receivable, before Allowance for Credit Loss	12,230	10,508
Preneed Cemetery Receivables
Allowance for Contract Cancellations [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Beginning Balance	1,290
Accounts Receivable, Allowance for Credit Loss, Writeoff	(518)
Provision	(701)	(500)	$ (700)
Accounts Receivable, Credit Loss Expense (Reversal), Acquisition	(171)
Accounts Receivable, Allowance for Credit Loss, Ending Balance	$ 1,644	$ 1,290

Receivables (Aging of past due financing receivables) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 3,993	$ 3,283
Current	43,229	38,033
Total Financing Receivables	47,222	41,316
Recognized Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	3,044	2,494
Current	32,219	28,382
Total Financing Receivables	35,263	30,876
Deferred Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	949	789
Current	11,010	9,651
Total Financing Receivables	11,959	10,440
31-60 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	979	964
31-60 Days Past Due \| Recognized Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	759	745
31-60 Days Past Due \| Deferred Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	220	219
61-90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	478	513
61-90 Days Past Due \| Recognized Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	348	392
61-90 Days Past Due \| Deferred Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	130	121
91-120 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	216	295
91-120 Days Past Due \| Recognized Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	174	148
91-120 Days Past Due \| Deferred Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	42	147
Greater than 120 Day Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,320	1,511
Greater than 120 Day Past Due \| Recognized Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,763	1,209
Greater than 120 Day Past Due \| Deferred Revenue
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 557	$ 302

Receivables Allowance for credit losses by portfolio segment (Details) - USD ($) $ in Thousands		12 Months Ended
	Jan. 03, 2020	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts and Financing Receivable, Allowance for Credit Loss		$ (1,287)	$ (849)
Accounts and Financing Receivable, Credit Loss Expense (Reversal)		(1,617)
Accounts and Financing Receivable, Credit Loss Expense (Reversal), Acquisition	$ (400)	(193)
Accounts and Financing Receivable, Allowance for Credit Loss, Writeoff		2,449
Accounts and Financing Receivable, Allowance for Credit Loss, Recovery		(1,077)
Funeral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts and Financing Receivable, Allowance for Credit Loss		(327)	(223)
Accounts and Financing Receivable, Credit Loss Expense (Reversal)		(1,142)
Accounts and Financing Receivable, Credit Loss Expense (Reversal), Acquisition		0
Accounts and Financing Receivable, Allowance for Credit Loss, Writeoff		2,115
Accounts and Financing Receivable, Allowance for Credit Loss, Recovery		(1,077)
Cemetery
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts and Financing Receivable, Allowance for Credit Loss		(960)	$ (626)
Accounts and Financing Receivable, Credit Loss Expense (Reversal)		(475)
Accounts and Financing Receivable, Credit Loss Expense (Reversal), Acquisition		(193)
Accounts and Financing Receivable, Allowance for Credit Loss, Writeoff		334
Accounts and Financing Receivable, Allowance for Credit Loss, Recovery		$ 0

Receivables Amortized cost basis (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
2020	$ 20,056
2019	10,593
2018	5,820
2017	3,387
2016	1,431
Prior	1,587
Receivables From Preneed Funeral Trust Gross	$ 42,874	$ 36,794

Trust Investments (Components of preneed cemetery trust investments) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2020

Dec. 31, 2019

Debt and Equity Securities, FV-NI [Line Items]

Preneed cemetery trust investments

$ 86,604

$ 72,382

Components of Preneed Cemetery Trust Investments


	December 31, 2019		December 31, 2020
Preneed cemetery trust investments, at market value	$	74,572	$	89,081
Less: allowance for contract cancellation	(2,190)		(2,477)
Preneed cemetery trust investments	$	72,382	$	86,604

Preneed Cemetery Trust Investments

Debt and Equity Securities, FV-NI [Line Items]

Preneed cemetery trust investments, at market value

$ 89,081

74,572

Less Allowance For Contract Cancellation

(2,477)

(2,190)

Available-for-sale securities, current

86,604

72,382

Preneed Funeral Trust Investments

Debt and Equity Securities, FV-NI [Line Items]

Preneed cemetery trust investments, at market value

104,166

99,246

Less Allowance For Contract Cancellation

(2,931)

(2,911)

Available-for-sale securities, current

$ 101,235

$ 96,335

Trust Investments (Cost and fair market values associated with preneed cemetery trust investments) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Preneed Cemetery Trust Investments
Debt and Equity Securities, FV-NI [Line Items]
Preneed cemetery trust investments	$ 89,081	$ 74,572
Market value as a percentage of cost	106.70%	101.10%
Preneed Cemetery Trust Investments \| Foreign Debt
Debt and Equity Securities, FV-NI [Line Items]
Cost		$ 5,609
Unrealized Gains		312
Unrealized Losses		(243)
Fair Market Value		5,678
Preneed Cemetery Trust Investments \| Preferred stock
Debt and Equity Securities, FV-NI [Line Items]
Cost		16,916
Unrealized Gains		1,044
Unrealized Losses		(649)
Fair Market Value		17,311
Preneed Cemetery Trust Investments \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost		14,206
Unrealized Gains		904
Unrealized Losses		(164)
Fair Market Value		14,946
Preneed Cemetery Trust Investments \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost		517
Unrealized Gains		0
Unrealized Losses		(114)
Fair Market Value		403
Preneed Cemetery Trust Investments \| Accrued Investment Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 993	737
Fair Market Value	993	737
Preneed Cemetery Trust Investments \| Trust Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	82,573	73,009
Unrealized Gains	13,856	5,098
Unrealized Losses	(8,341)	(4,272)
Fair Market Value	88,088	73,835
Preneed Funeral Trust Investments
Debt and Equity Securities, FV-NI [Line Items]
Cost	97,700	97,047
Unrealized Gains	13,125	5,672
Unrealized Losses	(7,570)	(4,173)
Fair Market Value	103,255	98,546
Preneed cemetery trust investments	$ 104,166	$ 99,246
Market value as a percentage of cost	105.70%	101.50%
Preneed Funeral Trust Investments \| Accrued Investment Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 911	$ 700
Fair Market Value	911	700
Fair Value, Level 1 \| Preneed Cemetery Trust Investments \| Cash and Cash Equivalents [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	1,859	5,729
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	1,859	5,729
Fair Value, Level 1 \| Preneed Cemetery Trust Investments \| Common Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	30,253	28,569
Unrealized Gains	7,642	2,766
Unrealized Losses	(6,601)	(3,017)
Fair Market Value	31,294	28,318
Fair Value, Level 1 \| Preneed Funeral Trust Investments \| Cash and Cash Equivalents [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	18,478	24,160
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	18,478	24,160
Fair Value, Level 1 \| Preneed Funeral Trust Investments \| Common Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	28,327	27,652
Unrealized Gains	7,364	2,773
Unrealized Losses	(6,052)	(2,869)
Fair Market Value	29,639	27,556
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Foreign Debt
Debt and Equity Securities, FV-NI [Line Items]
Cost	15,953
Unrealized Gains	2,083
Unrealized Losses	(702)
Fair Market Value	17,334
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Preferred stock
Debt and Equity Securities, FV-NI [Line Items]
Cost	14,856
Unrealized Gains	1,820
Unrealized Losses	(358)
Fair Market Value	16,318
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	11,886
Unrealized Gains	980
Unrealized Losses	(336)
Fair Market Value	12,530
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	272
Unrealized Gains	0
Unrealized Losses	(159)
Fair Market Value	113
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Foreign Debt
Debt and Equity Securities, FV-NI [Line Items]
Cost	15,144	5,587
Unrealized Gains	2,018	309
Unrealized Losses	(634)	(232)
Fair Market Value	16,528	5,664
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Preferred stock
Debt and Equity Securities, FV-NI [Line Items]
Cost	13,292	16,109
Unrealized Gains	1,638	992
Unrealized Losses	(310)	(646)
Fair Market Value	14,620	16,455
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	10,944	14,094
Unrealized Gains	900	874
Unrealized Losses	(298)	(198)
Fair Market Value	11,546	14,770
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	293	585
Unrealized Gains	1	0
Unrealized Losses	(155)	(117)
Fair Market Value	$ 139	$ 468

Trust Investments (Estimated maturities of fixed preneed cemetery trust income securities) (Details) - Preneed Cemetery Trust Investments $ in Thousands	Dec. 31, 2020 USD ($)
Debt and Equity Securities, FV-NI [Line Items]
Due in one year or less	$ 0
Due in one to five years	11,727
Due in five to ten years	9,810
Thereafter	24,758
Total	$ 46,295

Trust Investments (Unrealized losses on cemetery merchandise and service trust investments) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	$ 4,010	$ 5,771
Unrealized Losses, In Loss Position Less than12 months	(274)	(374)
In Loss Position Greater than 12 months	5,074	5,680
Unrealized Losses, In Loss Position Greater than12 months	(1,281)	(796)
Fair market value, Total	9,084	11,451
Unrealized Losses, Total	(1,555)	(1,170)
Preneed cemetery trust investments	$ 89,081	$ 74,572
Market value as a percentage of cost	106.70%	101.10%
Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	$ 3,494	$ 6,089
Unrealized Losses, In Loss Position Less than12 months	(238)	(413)
In Loss Position Greater than 12 months	4,918	5,595
Unrealized Losses, In Loss Position Greater than12 months	(1,159)	(780)
Fair market value, Total	8,412	11,684
Unrealized Losses, Total	(1,397)	(1,193)
Cost	97,700	97,047
Unrealized Gains	13,125	5,672
Unrealized Losses	(7,570)	(4,173)
Fair Market Value	103,255	98,546
Preneed cemetery trust investments	$ 104,166	$ 99,246
Market value as a percentage of cost	105.70%	101.50%
Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	$ 3,462	$ 4,214
Unrealized Losses, In Loss Position Less than12 months	(308)	(328)
In Loss Position Greater than 12 months	3,867	4,054
Unrealized Losses, In Loss Position Greater than12 months	(990)	(558)
Fair market value, Total	7,329	8,268
Unrealized Losses, Total	$ (1,298)	$ (886)
Market value as a percentage of cost	106.60%	104.90%
Corporate debt \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	$ 2,517	$ 268
Unrealized Losses, In Loss Position Less than12 months	(57)	(42)
In Loss Position Greater than 12 months	371	758
Unrealized Losses, In Loss Position Greater than12 months	(645)	(201)
Fair market value, Total	2,888	1,026
Unrealized Losses, Total	(702)	(243)
Corporate debt \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	2,225	274
Unrealized Losses, In Loss Position Less than12 months	(55)	(43)
In Loss Position Greater than 12 months	337	723
Unrealized Losses, In Loss Position Greater than12 months	(579)	(189)
Fair market value, Total	2,562	997
Unrealized Losses, Total	(634)	(232)
Corporate debt \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	1,728	168
Unrealized Losses, In Loss Position Less than12 months	(43)	(26)
In Loss Position Greater than 12 months	312	549
Unrealized Losses, In Loss Position Greater than12 months	(539)	(149)
Fair market value, Total	2,040	717
Unrealized Losses, Total	(582)	(175)
Preferred stock \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	784	1,368
Unrealized Losses, In Loss Position Less than12 months	(99)	(168)
In Loss Position Greater than 12 months	542	4,520
Unrealized Losses, In Loss Position Greater than12 months	(259)	(481)
Fair market value, Total	1,326	5,888
Unrealized Losses, Total	(358)	(649)
Cost		16,916
Unrealized Gains		1,044
Unrealized Losses		(649)
Fair Market Value		17,311
Preferred stock \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	763	1,403
Unrealized Losses, In Loss Position Less than12 months	(96)	(172)
In Loss Position Greater than 12 months	528	4,433
Unrealized Losses, In Loss Position Greater than12 months	(214)	(474)
Fair market value, Total	1,291	5,836
Unrealized Losses, Total	(310)	(646)
Preferred stock \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	592	1,057
Unrealized Losses, In Loss Position Less than12 months	(74)	(196)
In Loss Position Greater than 12 months	410	3,253
Unrealized Losses, In Loss Position Greater than12 months	(166)	(338)
Fair market value, Total	1,002	4,310
Unrealized Losses, Total	(240)	(534)
Mortgage-backed securities \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	709	4,135
Unrealized Losses, In Loss Position Less than12 months	(118)	(164)
In Loss Position Greater than 12 months	4,049	0
Unrealized Losses, In Loss Position Greater than12 months	(218)	0
Fair market value, Total	4,758	4,135
Unrealized Losses, Total	(336)	(164)
Mortgage-backed securities \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	506	4,412
Unrealized Losses, In Loss Position Less than12 months	(87)	(198)
In Loss Position Greater than 12 months	3,942	0
Unrealized Losses, In Loss Position Greater than12 months	(211)	0
Fair market value, Total	4,448	4,412
Unrealized Losses, Total	(298)	(198)
Mortgage-backed securities \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	1,142
Unrealized Losses, In Loss Position Less than12 months	(191)
In Loss Position Greater than 12 months	3,060
Unrealized Losses, In Loss Position Greater than12 months	(164)
Fair market value, Total	4,202
Unrealized Losses, Total	(355)
Mortgage-backed securities \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	0	0
Unrealized Losses, In Loss Position Less than12 months	0	0
In Loss Position Greater than 12 months	112	402
Unrealized Losses, In Loss Position Greater than12 months	(159)	(114)
Fair market value, Total	112	402
Unrealized Losses, Total	(159)	(114)
Cost		517
Unrealized Gains		0
Unrealized Losses		(114)
Fair Market Value		403
Mortgage-backed securities \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	0	0
Unrealized Losses, In Loss Position Less than12 months	0	0
In Loss Position Greater than 12 months	111	439
Unrealized Losses, In Loss Position Greater than12 months	(155)	(117)
Fair market value, Total	111	439
Unrealized Losses, Total	(155)	(117)
Mortgage-backed securities \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months	0	0
Unrealized Losses, In Loss Position Less than12 months	0	0
In Loss Position Greater than 12 months	85	252
Unrealized Losses, In Loss Position Greater than12 months	(121)	(71)
Fair market value, Total	85	252
Unrealized Losses, Total	(121)	(71)
Foreign Debt \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost		5,609
Unrealized Gains		312
Unrealized Losses		(243)
Fair Market Value		5,678
Preferred Stock [Member] \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost		14,206
Unrealized Gains		904
Unrealized Losses		(164)
Fair Market Value		14,946
Preferred Stock [Member] \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
In Loss Position Less than 12 months		2,989
Unrealized Losses, In Loss Position Less than12 months		(106)
In Loss Position Greater than 12 months		0
Unrealized Losses, In Loss Position Greater than12 months		0
Fair market value, Total		2,989
Unrealized Losses, Total		(106)
Accrued Investment Income [Member] \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	993	737
Fair Market Value	993	737
Accrued Investment Income [Member] \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	911	700
Fair Market Value	911	700
Accrued Investment Income [Member] \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	808	512
Fair Market Value	808	512
Trust Securities [Member] \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	82,573	73,009
Unrealized Gains	13,856	5,098
Unrealized Losses	(8,341)	(4,272)
Fair Market Value	88,088	73,835
Trust Securities [Member] \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	65,665	60,571
Unrealized Gains	11,128	5,869
Unrealized Losses	(6,773)	(2,905)
Fair Market Value	70,020	63,535
Fair Value, Level 1 \| Common Stock [Member] \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	30,253	28,569
Unrealized Gains	7,642	2,766
Unrealized Losses	(6,601)	(3,017)
Fair Market Value	31,294	28,318
Fair Value, Level 1 \| Common Stock [Member] \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	28,327	27,652
Unrealized Gains	7,364	2,773
Unrealized Losses	(6,052)	(2,869)
Fair Market Value	29,639	27,556
Fair Value, Level 1 \| Common Stock [Member] \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	23,662	21,594
Unrealized Gains	6,108	3,399
Unrealized Losses	(5,255)	(1,911)
Fair Market Value	24,515	23,082
Fair Value, Level 1 \| Cash and Cash Equivalents [Member] \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	1,859	5,729
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	1,859	5,729
Fair Value, Level 1 \| Cash and Cash Equivalents [Member] \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	18,478	24,160
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	18,478	24,160
Fair Value, Level 1 \| Cash and Cash Equivalents [Member] \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	686	4,624
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	686	4,624
Fair Value, Level 2 \| Preferred stock \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	14,856
Unrealized Gains	1,820
Unrealized Losses	(358)
Fair Market Value	16,318
Fair Value, Level 2 \| Preferred stock \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	13,292	16,109
Unrealized Gains	1,638	992
Unrealized Losses	(310)	(646)
Fair Market Value	14,620	16,455
Fair Value, Level 2 \| Preferred stock \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	11,684	11,658
Unrealized Gains	1,506	802
Unrealized Losses	(240)	(534)
Fair Market Value	12,950	11,926
Fair Value, Level 2 \| Mortgage-backed securities \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	272
Unrealized Gains	0
Unrealized Losses	(159)
Fair Market Value	113
Fair Value, Level 2 \| Mortgage-backed securities \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	293	585
Unrealized Gains	1	0
Unrealized Losses	(155)	(117)
Fair Market Value	139	468
Fair Value, Level 2 \| Mortgage-backed securities \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	206	324
Unrealized Gains	0	0
Unrealized Losses	(121)	(71)
Fair Market Value	85	253
Fair Value, Level 2 \| Municipal Bonds [Member] \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	819
Unrealized Gains	6
Unrealized Losses	0
Fair Market Value	825
Fair Value, Level 2 \| Foreign Debt \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	15,953
Unrealized Gains	2,083
Unrealized Losses	(702)
Fair Market Value	17,334
Fair Value, Level 2 \| Foreign Debt \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	15,144	5,587
Unrealized Gains	2,018	309
Unrealized Losses	(634)	(232)
Fair Market Value	16,528	5,664
Fair Value, Level 2 \| Foreign Debt \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	12,539	4,200
Unrealized Gains	1,641	238
Unrealized Losses	(582)	(175)
Fair Market Value	13,598	4,263
Fair Value, Level 2 \| Preferred Stock [Member] \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	11,886
Unrealized Gains	980
Unrealized Losses	(336)
Fair Market Value	12,530
Fair Value, Level 2 \| Preferred Stock [Member] \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	10,944	14,094
Unrealized Gains	900	874
Unrealized Losses	(298)	(198)
Fair Market Value	11,546	14,770
Fair Value, Level 2 \| Preferred Stock [Member] \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	10,444	10,782
Unrealized Gains	819	666
Unrealized Losses	(355)	(106)
Fair Market Value	10,908	11,342
Fair Value, Level 2 \| Fixed Income Securities \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	6,475	4,364
Unrealized Gains	1,198	107
Unrealized Losses	(121)	(107)
Fair Market Value	7,552	4,364
Fair Value, Level 2 \| Other investments \| Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	3,928	2,902
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	3,928	2,902
Fair Value, Level 2 \| Fixed income \| Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	7,494	1,463
Unrealized Gains	1,331	72
Unrealized Losses	(185)	(85)
Fair Market Value	8,640	1,450
Fair Value, Level 2 \| Fixed income \| Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Cost	6,444	7,156
Unrealized Gains	1,054	618
Unrealized Losses	(220)	(107)
Fair Market Value	$ 7,278	$ 7,667

Trust Investments (Preneed cemetery trust investment security transactions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Debt and Equity Securities, FV-NI [Line Items]
Investment Income, Net	$ 8,461	$ 4,500	$ 5,934
Increase (decrease) in deferred preneed cemetery receipts held in trust	8,074	4,123	4,579
Preneed Cemetery Trust Investments
Debt and Equity Securities, FV-NI [Line Items]
Investment Income, Net	2,175	1,743	1,596
Available-for-sale Securities, Gross Realized Gains	8,922	6,353	4,546
Realized losses	(5,090)	(4,677)	(5,817)
Expenses and taxes	(1,354)	(1,313)	(907)
Increase (decrease) in deferred preneed cemetery receipts held in trust	$ 10,168	$ 2,932	$ (7,192)

Trust Investments (Purchases and sales of investments in preneed cemetery trusts) (Details) - Preneed Cemetery Trust Investments - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Debt and Equity Securities, FV-NI [Line Items]
Purchases	$ (48,824)	$ (40,984)	$ (27,006)
Sales	$ 41,178	$ 29,635	$ 39,180

Trust Investments (Components of preneed funeral trust investments) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2020

Dec. 31, 2019

Debt and Equity Securities, FV-NI [Line Items]

Preneed funeral trust investments

$ 101,235

$ 96,335

Components of preneed funeral trust investments

The components of Preneed funeral trust investments on our Consolidated Balance Sheet are as follows (in thousands):


	December 31, 2019		December 31, 2020
Preneed funeral trust investments, at market value	$	99,246	$	104,166
Less: allowance for contract cancellation	(2,911)		(2,931)
Preneed funeral trust investments	$	96,335	$	101,235

Preneed Funeral Trust Investments

Debt and Equity Securities, FV-NI [Line Items]

Preneed cemetery trust investments, at market value

$ 104,166

$ 99,246

Trust Investments (Cost and fair market value associated with preneed funeral trust investments) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Preneed Cemetery Trust Investments
Debt and Equity Securities, FV-NI [Line Items]
Preneed cemetery trust investments	$ 89,081	$ 74,572
Market value as a percentage of cost	106.70%	101.10%
Preneed Cemetery Trust Investments \| Foreign Debt
Debt and Equity Securities, FV-NI [Line Items]
Cost		$ 5,609
Unrealized Gains		312
Unrealized Losses		(243)
Fair Market Value		5,678
Preneed Cemetery Trust Investments \| Preferred stock
Debt and Equity Securities, FV-NI [Line Items]
Cost		16,916
Unrealized Gains		1,044
Unrealized Losses		(649)
Fair Market Value		17,311
Preneed Cemetery Trust Investments \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost		14,206
Unrealized Gains		904
Unrealized Losses		(164)
Fair Market Value		14,946
Preneed Cemetery Trust Investments \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost		517
Unrealized Gains		0
Unrealized Losses		(114)
Fair Market Value		403
Preneed Cemetery Trust Investments \| Accrued Investment Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 993	737
Fair Market Value	993	737
Preneed Cemetery Trust Investments \| Trust Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	82,573	73,009
Unrealized Gains	13,856	5,098
Unrealized Losses	(8,341)	(4,272)
Fair Market Value	88,088	73,835
Preneed Funeral Trust Investments
Debt and Equity Securities, FV-NI [Line Items]
Cost	97,700	97,047
Unrealized Gains	13,125	5,672
Unrealized Losses	(7,570)	(4,173)
Fair Market Value	103,255	98,546
Preneed cemetery trust investments	$ 104,166	$ 99,246
Market value as a percentage of cost	105.70%	101.50%
Preneed Funeral Trust Investments \| Accrued Investment Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 911	$ 700
Fair Market Value	$ 911	$ 700
Perpetual Care Trust Investments
Debt and Equity Securities, FV-NI [Line Items]
Market value as a percentage of cost	106.60%	104.90%
Perpetual Care Trust Investments \| Accrued Investment Income [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	$ 808	$ 512
Fair Market Value	808	512
Perpetual Care Trust Investments \| Trust Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	65,665	60,571
Unrealized Gains	11,128	5,869
Unrealized Losses	(6,773)	(2,905)
Fair Market Value	70,020	63,535
Fair Value, Level 1 \| Preneed Cemetery Trust Investments \| Cash and Cash Equivalents
Debt and Equity Securities, FV-NI [Line Items]
Cost	1,859	5,729
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	1,859	5,729
Fair Value, Level 1 \| Preneed Cemetery Trust Investments \| Common Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	30,253	28,569
Unrealized Gains	7,642	2,766
Unrealized Losses	(6,601)	(3,017)
Fair Market Value	31,294	28,318
Fair Value, Level 1 \| Preneed Funeral Trust Investments \| Cash and Cash Equivalents
Debt and Equity Securities, FV-NI [Line Items]
Cost	18,478	24,160
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	18,478	24,160
Fair Value, Level 1 \| Preneed Funeral Trust Investments \| U.S. treasury debt
Debt and Equity Securities, FV-NI [Line Items]
Cost		822
Unrealized Gains		0
Unrealized Losses		0
Fair Market Value		822
Fair Value, Level 1 \| Preneed Funeral Trust Investments \| Common Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	28,327	27,652
Unrealized Gains	7,364	2,773
Unrealized Losses	(6,052)	(2,869)
Fair Market Value	29,639	27,556
Fair Value, Level 1 \| Perpetual Care Trust Investments \| Cash and Cash Equivalents
Debt and Equity Securities, FV-NI [Line Items]
Cost	686	4,624
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	686	4,624
Fair Value, Level 1 \| Perpetual Care Trust Investments \| Common Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	23,662	21,594
Unrealized Gains	6,108	3,399
Unrealized Losses	(5,255)	(1,911)
Fair Market Value	24,515	23,082
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Foreign Debt
Debt and Equity Securities, FV-NI [Line Items]
Cost	15,953
Unrealized Gains	2,083
Unrealized Losses	(702)
Fair Market Value	17,334
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Preferred stock
Debt and Equity Securities, FV-NI [Line Items]
Cost	14,856
Unrealized Gains	1,820
Unrealized Losses	(358)
Fair Market Value	16,318
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	11,886
Unrealized Gains	980
Unrealized Losses	(336)
Fair Market Value	12,530
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	272
Unrealized Gains	0
Unrealized Losses	(159)
Fair Market Value	113
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Fixed income
Debt and Equity Securities, FV-NI [Line Items]
Cost	7,494	1,463
Unrealized Gains	1,331	72
Unrealized Losses	(185)	(85)
Fair Market Value	8,640	1,450
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Foreign Debt
Debt and Equity Securities, FV-NI [Line Items]
Cost	15,144	5,587
Unrealized Gains	2,018	309
Unrealized Losses	(634)	(232)
Fair Market Value	16,528	5,664
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Preferred stock
Debt and Equity Securities, FV-NI [Line Items]
Cost	13,292	16,109
Unrealized Gains	1,638	992
Unrealized Losses	(310)	(646)
Fair Market Value	14,620	16,455
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	10,944	14,094
Unrealized Gains	900	874
Unrealized Losses	(298)	(198)
Fair Market Value	11,546	14,770
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	293	585
Unrealized Gains	1	0
Unrealized Losses	(155)	(117)
Fair Market Value	139	468
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Equity Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost		772
Unrealized Gains		617
Unrealized Losses		(4)
Fair Market Value		1,385
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Fixed Income Securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	6,475	4,364
Unrealized Gains	1,198	107
Unrealized Losses	(121)	(107)
Fair Market Value	7,552	4,364
Fair Value, Level 2 \| Preneed Funeral Trust Investments \| Other investments
Debt and Equity Securities, FV-NI [Line Items]
Cost	3,928	2,902
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	3,928	2,902
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Foreign Debt
Debt and Equity Securities, FV-NI [Line Items]
Cost	12,539	4,200
Unrealized Gains	1,641	238
Unrealized Losses	(582)	(175)
Fair Market Value	13,598	4,263
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Preferred stock
Debt and Equity Securities, FV-NI [Line Items]
Cost	11,684	11,658
Unrealized Gains	1,506	802
Unrealized Losses	(240)	(534)
Fair Market Value	12,950	11,926
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Preferred Stock [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost	10,444	10,782
Unrealized Gains	819	666
Unrealized Losses	(355)	(106)
Fair Market Value	10,908	11,342
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Mortgage-backed securities
Debt and Equity Securities, FV-NI [Line Items]
Cost	206	324
Unrealized Gains	0	0
Unrealized Losses	(121)	(71)
Fair Market Value	85	253
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Equity Securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Cost		233
Unrealized Gains		146
Unrealized Losses		(1)
Fair Market Value		378
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Fixed income
Debt and Equity Securities, FV-NI [Line Items]
Cost	6,444	7,156
Unrealized Gains	1,054	618
Unrealized Losses	(220)	(107)
Fair Market Value	$ 7,278	$ 7,667

Trust Investments (Estimated maturities of fixed preneed funeral trust income securities) (Details) - Preneed Funeral Trust Investments $ in Thousands	Dec. 31, 2020 USD ($)
Debt and Equity Securities, FV-NI [Line Items]
Due in one year or less	$ 825
Due in one to five years	11,103
Due in five to ten years	8,615
Thereafter	23,115
Total	$ 43,658

Trust Investments (Preneed funeral trust investment security transactions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Debt and Equity Securities, FV-NI [Line Items]
Investment Income, Net	$ 8,461	$ 4,500	$ 5,934
Decrease in deferred preneed funeral receipts held in trust	8,074	4,123	4,579
Preneed Funeral Trust Investments
Debt and Equity Securities, FV-NI [Line Items]
Investment Income, Net	1,907	1,753	1,623
Available-for-sale Securities, Gross Realized Gains	9,441	6,214	6,662
Realized losses	(4,677)	(4,612)	(5,882)
Expenses and taxes	(878)	(1,129)	(885)
Decrease in deferred preneed funeral receipts held in trust	11,348	3,725	(5,209)
Unrealized Gain (Loss) on Investments	5,555	1,499	(6,727)
Preneed Cemetery Trust Investments
Debt and Equity Securities, FV-NI [Line Items]
Investment Income, Net	2,175	1,743	1,596
Available-for-sale Securities, Gross Realized Gains	8,922	6,353	4,546
Realized losses	(5,090)	(4,677)	(5,817)
Expenses and taxes	(1,354)	(1,313)	(907)
Decrease in deferred preneed funeral receipts held in trust	10,168	2,932	(7,192)
Unrealized Gain (Loss) on Investments	5,515	826	(6,610)
Perpetual Care Trust Investments \| Other Interest Income
Debt and Equity Securities, FV-NI [Line Items]
Available-for-sale Securities, Gross Realized Gains	2,602	1,663	1,364
Available-for-sale Securities, Realized Losses, Excluding Other than Temporary Impairments	(1,695)	(1,258)	(1,896)
Decrease in deferred preneed funeral receipts held in trust	5,262	3,369	(4,937)
Unrealized Gain (Loss) on Investments	$ 4,355	$ 2,964	$ (4,405)

Trust Investments (Purchases and sales of investments in preneed funeral trusts) (Details) - Preneed Funeral Trust Investments - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Debt and Equity Securities, FV-NI [Line Items]
Purchases	$ (47,315)	$ (38,984)	$ (28,264)
Sales	$ 43,270	$ 29,983	$ 39,955

Trust Investments (Narrative) (Details)
$ in Thousands

12 Months Ended

Dec. 31, 2020

USD ($)

Debt Securities, Available-for-sale [Line Items]

Components of preneed funeral trust investments

The components of Preneed funeral trust investments on our Consolidated Balance Sheet are as follows (in thousands):


	December 31, 2019		December 31, 2020
Preneed funeral trust investments, at market value	$	99,246	$	104,166
Less: allowance for contract cancellation	(2,911)		(2,931)
Preneed funeral trust investments	$	96,335	$	101,235

Preneed Cemetery Trust Investments

Debt Securities, Available-for-sale [Line Items]

Debt Securities, Available-for-sale, Amortized Cost

$ 46,295

Preneed Funeral Trust Investments

Debt Securities, Available-for-sale [Line Items]

Debt Securities, Available-for-sale, Amortized Cost

$ 43,658

Trust Investments (Components of Care trusts’ corpus) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Gain (Loss) on Securities [Line Items]
Care trusts’ corpus	$ 69,707	$ 63,416
Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Available-for-sale securities, current	70,828	64,047
Obligations due from (to) trust	(1,121)	(631)
Care trusts’ corpus	$ 69,707	$ 63,416

Trust Investments (Cost and fair market values associated with the trust investments held in perpetual care trust) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Available-for-sale securities, current	$ 70,828	$ 64,047
Market value as a percentage of cost	106.60%	104.90%
Perpetual Care Trust Investments \| Accrued Investment Income [Member]
Gain (Loss) on Securities [Line Items]
Cost	$ 808	$ 512
Fair Market Value	808	512
Perpetual Care Trust Investments \| Trust Securities [Member]
Gain (Loss) on Securities [Line Items]
Cost	65,665	60,571
Unrealized Gains	11,128	5,869
Unrealized Losses	(6,773)	(2,905)
Fair Market Value	70,020	63,535
Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Preneed cemetery trust investments	89,081	74,572
Available-for-sale securities, current	$ 86,604	$ 72,382
Market value as a percentage of cost	106.70%	101.10%
Preneed Cemetery Trust Investments \| Foreign Debt
Gain (Loss) on Securities [Line Items]
Cost		$ 5,609
Unrealized Gains		312
Unrealized Losses		(243)
Fair Market Value		5,678
Preneed Cemetery Trust Investments \| Corporate debt
Gain (Loss) on Securities [Line Items]
Cost		16,916
Unrealized Gains		1,044
Unrealized Losses		(649)
Fair Market Value		17,311
Preneed Cemetery Trust Investments \| Preferred Stock [Member]
Gain (Loss) on Securities [Line Items]
Cost		14,206
Unrealized Gains		904
Unrealized Losses		(164)
Fair Market Value		14,946
Preneed Cemetery Trust Investments \| Mortgage-backed securities
Gain (Loss) on Securities [Line Items]
Cost		517
Unrealized Gains		0
Unrealized Losses		(114)
Fair Market Value		403
Preneed Cemetery Trust Investments \| Accrued Investment Income [Member]
Gain (Loss) on Securities [Line Items]
Cost	$ 993	737
Fair Market Value	993	737
Preneed Cemetery Trust Investments \| Trust Securities [Member]
Gain (Loss) on Securities [Line Items]
Cost	82,573	73,009
Unrealized Gains	13,856	5,098
Unrealized Losses	(8,341)	(4,272)
Fair Market Value	88,088	73,835
Fair Value, Level 1 \| Perpetual Care Trust Investments \| Cash and Cash Equivalents
Gain (Loss) on Securities [Line Items]
Cost	686	4,624
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	686	4,624
Fair Value, Level 1 \| Perpetual Care Trust Investments \| Common Stock [Member]
Gain (Loss) on Securities [Line Items]
Cost	23,662	21,594
Unrealized Gains	6,108	3,399
Unrealized Losses	(5,255)	(1,911)
Fair Market Value	24,515	23,082
Fair Value, Level 1 \| Preneed Cemetery Trust Investments \| Cash and Cash Equivalents
Gain (Loss) on Securities [Line Items]
Cost	1,859	5,729
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Market Value	1,859	5,729
Fair Value, Level 1 \| Preneed Cemetery Trust Investments \| Common Stock [Member]
Gain (Loss) on Securities [Line Items]
Cost	30,253	28,569
Unrealized Gains	7,642	2,766
Unrealized Losses	(6,601)	(3,017)
Fair Market Value	31,294	28,318
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Foreign Debt
Gain (Loss) on Securities [Line Items]
Cost	12,539	4,200
Unrealized Gains	1,641	238
Unrealized Losses	(582)	(175)
Fair Market Value	13,598	4,263
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Corporate debt
Gain (Loss) on Securities [Line Items]
Cost	11,684	11,658
Unrealized Gains	1,506	802
Unrealized Losses	(240)	(534)
Fair Market Value	12,950	11,926
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Preferred Stock [Member]
Gain (Loss) on Securities [Line Items]
Cost	10,444	10,782
Unrealized Gains	819	666
Unrealized Losses	(355)	(106)
Fair Market Value	10,908	11,342
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Mortgage-backed securities
Gain (Loss) on Securities [Line Items]
Cost	206	324
Unrealized Gains	0	0
Unrealized Losses	(121)	(71)
Fair Market Value	85	253
Fair Value, Level 2 \| Perpetual Care Trust Investments \| Fixed income
Gain (Loss) on Securities [Line Items]
Cost	6,444	7,156
Unrealized Gains	1,054	618
Unrealized Losses	(220)	(107)
Fair Market Value	7,278	7,667
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Foreign Debt
Gain (Loss) on Securities [Line Items]
Cost	15,953
Unrealized Gains	2,083
Unrealized Losses	(702)
Fair Market Value	17,334
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Corporate debt
Gain (Loss) on Securities [Line Items]
Cost	14,856
Unrealized Gains	1,820
Unrealized Losses	(358)
Fair Market Value	16,318
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Preferred Stock [Member]
Gain (Loss) on Securities [Line Items]
Cost	11,886
Unrealized Gains	980
Unrealized Losses	(336)
Fair Market Value	12,530
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Mortgage-backed securities
Gain (Loss) on Securities [Line Items]
Cost	272
Unrealized Gains	0
Unrealized Losses	(159)
Fair Market Value	113
Fair Value, Level 2 \| Preneed Cemetery Trust Investments \| Fixed income
Gain (Loss) on Securities [Line Items]
Cost	7,494	1,463
Unrealized Gains	1,331	72
Unrealized Losses	(185)	(85)
Fair Market Value	$ 8,640	$ 1,450

Trust Investments (Estimated maturities of the fixed income securities) (Details) $ in Thousands	Dec. 31, 2020 USD ($)
Perpetual Care Trust Investments
Gain (Loss) on Securities [Line Items]
Due in one year or less	$ 0
Due in one to five years	8,819
Due in five to ten years	7,789
Thereafter	20,933
Total	37,541
Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Due in one year or less	0
Due in one to five years	11,727
Due in five to ten years	9,810
Thereafter	24,758
Total	46,295
Preneed Funeral Trust Investments
Gain (Loss) on Securities [Line Items]
Due in one year or less	825
Due in one to five years	11,103
Due in five to ten years	8,615
Thereafter	23,115
Total	$ 43,658

Trust Investments (Fixed income securities within our perpetual care trust investment in an unrealized loss position) (Details) - Preneed Funeral Trust Investments [Member] - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Fair market value
In Loss Position Less than 12 months	$ 3,462	$ 4,214
In Loss Position Greater than 12 months	3,867	4,054
Total	7,329	8,268
Unrealized Losses
Unrealized Losses, In Loss Position Less than12 months	(308)	(328)
Unrealized Losses, In Loss Position Greater than12 months	(990)	(558)
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(1,298)	(886)
Corporate debt
Fair market value
In Loss Position Less than 12 months	1,728	168
In Loss Position Greater than 12 months	312	549
Total	2,040	717
Unrealized Losses
Unrealized Losses, In Loss Position Less than12 months	(43)	(26)
Unrealized Losses, In Loss Position Greater than12 months	(539)	(149)
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(582)	(175)
Corporate debt
Fair market value
In Loss Position Less than 12 months	592	1,057
In Loss Position Greater than 12 months	410	3,253
Total	1,002	4,310
Unrealized Losses
Unrealized Losses, In Loss Position Less than12 months	(74)	(196)
Unrealized Losses, In Loss Position Greater than12 months	(166)	(338)
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(240)	(534)
Mortgage-backed securities
Fair market value
In Loss Position Less than 12 months	1,142
In Loss Position Greater than 12 months	3,060
Total	4,202
Unrealized Losses
Unrealized Losses, In Loss Position Less than12 months	(191)
Unrealized Losses, In Loss Position Greater than12 months	(164)
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(355)
Mortgage-backed securities
Fair market value
In Loss Position Less than 12 months	0	0
In Loss Position Greater than 12 months	85	252
Total	85	252
Unrealized Losses
Unrealized Losses, In Loss Position Less than12 months	0	0
Unrealized Losses, In Loss Position Greater than12 months	(121)	(71)
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ (121)	$ (71)

Trust Investments (Perpetual care trust investment security transactions recorded in Other, net) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Gain (Loss) on Securities [Line Items]
Net change in Care trusts’ corpus	$ (8,074)	$ (4,123)	$ (4,579)
Debt and Equity Securities, Gain (Loss)	(387)	(377)	(1,355)
Investment income	8,461	4,500	5,934
Preneed Funeral Trust Investments [Member] \| Other Interest Income
Gain (Loss) on Securities [Line Items]
Realized gains	2,602	1,663	1,364
Net change in Care trusts’ corpus	(5,262)	(3,369)	4,937
Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Realized gains	8,922	6,353	4,546
Realized gains (losses), net	(5,090)	(4,677)	(5,817)
Net change in Care trusts’ corpus	(10,168)	(2,932)	7,192
Investment income	$ 2,175	$ 1,743	$ 1,596

Trust Investments (Perpetual care trust investment security transactions recorded in Other revenue) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Gain (Loss) on Securities [Line Items]
Investment income									$ 8,461	$ 4,500	$ 5,934
Total	$ 90,088	$ 84,393	$ 77,477	$ 77,490	$ 71,149	$ 66,125	$ 67,752	$ 69,081	329,448	274,107	267,992
Net change in Care trusts’ corpus									(8,074)	(4,123)	(4,579)
Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Investment income									2,175	1,743	1,596
Net change in Care trusts’ corpus									(10,168)	(2,932)	7,192
Realized gains (losses), net									(5,090)	(4,677)	(5,817)
Unrealized Gain (Loss) on Investments									(5,515)	(826)	6,610
Other revenue
Gain (Loss) on Securities [Line Items]
Total									$ 24,834	$ 17,039	$ 17,135

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130543-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

Trust Investments (Purchases and sales of investments in the perpetual care trusts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Preneed Funeral Trust Investments [Member]
Gain (Loss) on Securities [Line Items]
Purchases	$ (38,168)	$ (26,573)	$ (17,313)
Sales	34,316	17,588	25,786
Preneed Cemetery Trust Investments
Gain (Loss) on Securities [Line Items]
Purchases	(48,824)	(40,984)	(27,006)
Sales	$ 41,178	$ 29,635	$ 39,180

Receivables from Preneed Trusts (Receivables from preneed funeral trust funds) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Receivables From Preneed Trusts [Abstract]
Receivables from Preneed Funeral Trust Funds	$ 17,365	$ 18,581
Preneed Funeral Trust Funds Allowance For Contract Cancellation	521	557
Receivables from preneed funeral trusts	$ 16,844	$ 18,024

Receivables from Preneed Trusts Receivables from Preneed Trusts (Composition of Asset Held in Trusts) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Historical Cost Basis
Investment Holdings [Line Items]
Assets Held-in-trust	$ 17,365	$ 18,581
Historical Cost Basis \| Cash and Cash Equivalents
Investment Holdings [Line Items]
Assets Held-in-trust	4,604	4,533
Historical Cost Basis \| Fixed Income Investments
Investment Holdings [Line Items]
Assets Held-in-trust	10,355	11,603
Historical Cost Basis \| Mutual Funds And Common Stocks
Investment Holdings [Line Items]
Assets Held-in-trust	2,402	2,440
Historical Cost Basis \| Annuities
Investment Holdings [Line Items]
Assets Held-in-trust	4	5
Fair Value
Investment Holdings [Line Items]
Assets Held-in-trust	17,532	18,659
Fair Value \| Cash and Cash Equivalents
Investment Holdings [Line Items]
Assets Held-in-trust	4,604	4,533
Fair Value \| Fixed Income Investments
Investment Holdings [Line Items]
Assets Held-in-trust	10,355	11,603
Fair Value \| Mutual Funds And Common Stocks
Investment Holdings [Line Items]
Assets Held-in-trust	2,569	2,518
Fair Value \| Annuities
Investment Holdings [Line Items]
Assets Held-in-trust	$ 4	$ 5

Contracts Secured by Insurance (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Contracts Secured by Insurance [Abstract]
Preneed funeral contracts secured by insurance	$ 395.4	$ 408.8

Fair Value Measurements Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Sep. 09, 2020	Dec. 31, 2019
Convertible subordinated notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, fair value	$ 3,700
Principal amount	2,559	$ 2,600	$ 6,319
Senior Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, fair value	427,900
Notes payable, other \| Acquisition Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal amount	5,509		6,964
Line of Credit \| Revolving Credit Facility, Secured, Floating Rate \| Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal amount	$ 47,200		$ 83,800

Intangible and Other Non-Current Assets Intangible and Other Non-Current Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred Costs and Other Noncurrent Assets [Abstract]
Tradenames		$ 23,565	$ 25,233
Capitalized commissions on preneed contracts, net		3,141	2,818
Other		51	150
Intangible and other non-current assets, net		29,542	32,116
Amortization of capitalized commissions and non-compete agreements		1,299	1,231	$ 1,219
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	$ 1,100
Amortization of capitalized commissions and non-compete agreements		600	600	600
Accumulated Amortization of Other Deferred Costs		$ 1,594	1,127
Minimum
Deferred Costs and Other Noncurrent Assets [Abstract]
Service Contract, Term		8 years
Maximum
Deferred Costs and Other Noncurrent Assets [Abstract]
Service Contract, Term		10 years
Noncompete Agreements
Deferred Costs and Other Noncurrent Assets [Abstract]
Prepaid agreements not-to-compete, net of accumulated amortization of $7,195 and $3,193, respectively		$ 2,785	3,915
Accumulated amortization		3,193	7,195
Amortization of capitalized commissions and non-compete agreements		700	700	600
Finite-Lived Intangible Asset, Expected Amortization, Year One		618
Finite-Lived Intangible Asset, Expected Amortization, Year Two		481
Finite-Lived Intangible Asset, Expected Amortization, Year Three		434
Finite-Lived Intangible Asset, Expected Amortization, Year Four		380
Finite-Lived Intangible Asset, Expected Amortization, Year Five		373
Finite-Lived Intangible Asset, Expected Amortization, after Year Five		499
Noncompete Agreements \| Divestiture [Member]
Deferred Costs and Other Noncurrent Assets [Abstract]
Prepaid agreements not-to-compete, net of accumulated amortization of $7,195 and $3,193, respectively		$ 500
Noncompete Agreements \| Minimum
Deferred Costs and Other Noncurrent Assets [Abstract]
Term of agreements not to compete		1 year
Noncompete Agreements \| Maximum
Deferred Costs and Other Noncurrent Assets [Abstract]
Term of agreements not to compete		10 years
Commissions
Deferred Costs and Other Noncurrent Assets [Abstract]
Prepaid agreements not-to-compete, net of accumulated amortization of $7,195 and $3,193, respectively		$ 3,141
Finite-Lived Intangible Asset, Expected Amortization, Year One		589
Finite-Lived Intangible Asset, Expected Amortization, Year Two		543
Finite-Lived Intangible Asset, Expected Amortization, Year Three		488
Finite-Lived Intangible Asset, Expected Amortization, Year Four		425
Finite-Lived Intangible Asset, Expected Amortization, Year Five		359
Finite-Lived Intangible Asset, Expected Amortization, after Year Five		737
Noncompete Agreements
Deferred Costs and Other Noncurrent Assets [Abstract]
Increase (Decrease) in Deferred Charges			400
Trade Names
Deferred Costs and Other Noncurrent Assets [Abstract]
Tradenames acquired		400	$ 7,800
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)				$ 200
Trade Names \| Divestiture [Member]
Deferred Costs and Other Noncurrent Assets [Abstract]
Tradenames		$ 1,000

Long-Term Debt Long-Term Debt (Senior long-term debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Accumulated Amortization, Debt Issuance Costs	$ 819	$ 337
Debt Issuance Costs, Net	1,136	1,618
Less: current portion	(1,027)	(1,306)
Total acquisition debt, net of current portion	4,482	5,658
Notes payable, other \| Acquisition Debt
Debt Instrument [Line Items]
Principal amount	5,509	6,964
Credit Agreement [Member]
Debt Instrument [Line Items]
Principal amount	47,200
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months	0
Present value of Credit Facility and acquisition debt	47,200
Credit Agreement [Member] \| Term Loan [Member]
Debt Instrument [Line Items]
Principal amount	46,064	82,182
Acquisition Debt
Debt Instrument [Line Items]
Principal amount	7,912
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months	1,386
Less: Interest	2,403
Present value of Credit Facility and acquisition debt	5,509
Revolving Credit Facility \| Line of Credit \| Revolving Credit Facility, Secured, Floating Rate
Debt Instrument [Line Items]
Principal amount	$ 47,200	$ 83,800

Long-Term Debt Long-Term Debt (Narrative) (Details)		3 Months Ended		6 Months Ended	12 Months Ended
Long-Term Debt Long-Term Debt (Narrative) (Details)	May 31, 2018 USD ($)	Dec. 29, 2020 USD ($)	Dec. 31, 2019 USD ($)	Jun. 30, 2019	Dec. 31, 2020 USD ($) letter_of_credit	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Sep. 30, 2020 USD ($)	Dec. 19, 2019 USD ($)
Debt Instrument [Line Items]
Debt Instrument, Debt Compliance, EBITDA					$ 0.50
Letters of Credit \| letter_of_credit					1
Debt instrument, term			65 years
Amortization of debt issuance costs					$ 782,000	$ 392,000	$ 532,000
Line Of Credit Facility Accordion Provision					75,000,000.0
Deferred Purchase Price Notes
Debt Instrument [Line Items]
Interest expense					$ 489,000	622,000	791,000
Deferred Purchase Price Notes \| Minimum
Debt Instrument [Line Items]
Deferred purchase price notes payable to sellers of acquired entities, discounted imputed interest rate (in Percent)					7.30%
Debt instrument, term					5 years
Deferred Purchase Price Notes \| Maximum
Debt Instrument [Line Items]
Deferred purchase price notes payable to sellers of acquired entities, discounted imputed interest rate (in Percent)					10.00%
Debt instrument, term					20 years
Credit Agreement [Member]
Debt Instrument [Line Items]
Principal amount					$ 47,200,000
Interest expense					3,738,000	1,601,000	4,351,000
Amortization of debt issuance costs							234,000
Term Loan [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					190,000,000.0			$ 150,000,000.0
Letter of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					15.0
Swingline [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					$ 10.0
Loans Payable [Member]
Debt Instrument [Line Items]
Amortization of debt issuance costs						229,000	$ 482,000
Revolving Credit Facility, Secured, Floating Rate
Debt Instrument [Line Items]
Present value of future deferred payments	$ 2,000,000.0	$ 2,100,000
Revolving Credit Facility, Secured, Floating Rate \| Line of Credit \| Prime Rate Option
Debt Instrument [Line Items]
Debt instrument interest rate (in percent)					1.50%
Revolving Credit Facility, Secured, Floating Rate \| Line of Credit \| LIBOR Margin Option
Debt Instrument [Line Items]
Debt instrument interest rate (in percent)					2.50%
Revolving Credit Facility, Secured, Floating Rate \| Revolving Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Principal amount			$ 83,800,000		$ 47,200,000	$ 83,800,000
Line of Credit Facility, Remaining Borrowing Capacity					$ 140,700,000
Revolving Credit Facility, Secured, Floating Rate \| Revolving Credit Facility \| Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period				2.90%	3.80%
Revolving Credit Facility, Secured, Floating Rate \| Loans Payable [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Gross									$ 900,000
Revolving Credit Facility, Secured, Floating Rate \| Loans Payable [Member] \| Credit Agreement [Member]
Debt Instrument [Line Items]
Debt instrument interest rate (in percent)					3.125%
Ratio Actual [Member]
Debt Instrument [Line Items]
Ratio of indebtedness to net capital (in ratio)					5.50			5.75
Ratio Actual [Member] \| Minimum
Debt Instrument [Line Items]
Ratio of indebtedness to net capital (in ratio)					0.25
Ratio Actual [Member] \| Revolving Credit Facility, Secured, Floating Rate \| Revolving Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Ratio of indebtedness to net capital (in ratio)					2.00
Ratio of earnings to fixed cost obligations (in ratio)					1.20

Long-Term Debt Long-Term Debt (Aggregate Maturities) (Details) $ in Thousands	Dec. 31, 2020 USD ($)
Credit Agreement [Member]
Debt Instrument [Line Items]
2021	$ 0
2022	0
2023	47,200
2024	0
2025	0
Thereafter	0
Total Credit Facility and acquisition debt	47,200
Present value of Credit Facility and acquisition debt	47,200
Acquisition Debt
Debt Instrument [Line Items]
2021	1,386
2022	825
2023	825
2024	772
2025	772
Thereafter	3,332
Total Credit Facility and acquisition debt	7,912
Less: Interest	(2,403)
Present value of Credit Facility and acquisition debt	$ 5,509

Convertible Subordinated Notes (Narrative) (Details)		3 Months Ended	12 Months Ended
Convertible Subordinated Notes (Narrative) (Details)	Apr. 04, 2019 USD ($)	Dec. 31, 2020 USD ($) $ / shares	Dec. 31, 2020 USD ($) $ / shares	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Sep. 09, 2020 USD ($)	Dec. 24, 2018 USD ($)	May 07, 2018 USD ($)	Mar. 19, 2014 USD ($)
Debt Instrument [Line Items]
Debt conversion (in dollars per share) \| $ / shares		$ 21.75	$ 21.75
Conversion ratio			45.9712
Amortization of debt issuance costs			$ 782,000	$ 392,000	$ 532,000
Payments for Repurchase of Redeemable Convertible Preferred Stock			$ 4,563,000	$ 27,000	98,266,000
Convertible Preferred Stock, Nonredeemable or Redeemable, Issuer Option, Value						$ 3,800,000		$ 115,000,000.0	$ 143,750,000
Convertible Preferred Stock, Percentage Redeemed						60.00%
Additional Paid-in Capital
Debt Instrument [Line Items]
Adjustments to Additional Paid in Capital, Other		$ (800,000)
Adjustments to Additional Paid in Capital, Other		$ 800,000
Convertible subordinated notes
Debt Instrument [Line Items]
Interest Rate, Unamortized Debt Discount and Debt Issuance Costs, Effective Percentage		3.10%	3.10%	3.20%
Debt instrument interest rate (in percent)									2.75%
Long-term debt, fair value		$ 3,700,000	$ 3,700,000
Interest expense			149,000	$ 174,000	1,878,000
Amortization of debt issuance costs			$ 20,000	24,000	$ 245,000
Interest Rate, Unamortized Debt Discount, Effective Percentage		11.40%	11.40%
Convertible Subordinated Debt	$ 25,000						$ 22,400,000
Payments for Repurchase of Redeemable Convertible Preferred Stock, Principle	$ 27,163
Principal amount		$ 2,559,000	$ 2,559,000	$ 6,319,000		$ 2,600,000
Debt Instrument, Convertible, Remaining Discount Amortization Period			2 months
Accrued Liabilities		$ 100,000	$ 100,000

Convertible Subordinated Notes Convertible Subordinated Notes (Liability and Equity Components) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Sep. 09, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Accumulated Amortization, Debt Issuance Costs	$ 819		$ 337
Unamortized discount of liability component	(20)
Debt Issuance Costs, Net	1,136		1,618
Convertible subordinated notes due 2021	0		5,971
Convertible subordinated notes
Debt Instrument [Line Items]
Accumulated Amortization, Debt Issuance Costs	63		130
Principal amount	2,559	$ 2,600	6,319
Unamortized discount of liability component	(20)		(319)
Debt Issuance Costs, Net	1		29
Convertible subordinated notes due 2021	2,538		5,971
Carrying value of the equity component	$ 319		$ 789

Convertible Subordinated Notes (5 Year Maturity For Convertible Subordinated Notes) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Sep. 09, 2020
Debt Instrument [Line Items]
Amortization of debt issuance costs	$ 782,000	$ 392,000	$ 532,000
Discount Amortization, 2018	(20,000)
Discount Amortization, 2019	0
Discount Amortization, 2022	0
Subordinated Notes, Discount Accretion, Year Four	0
Subordinated Notes, Discount Accretion, Year Five	0
Subordinated Notes, Discount Accretion, After Year Five	0
Discount Amortization, Total	(20,000)
Convertible subordinated notes
Debt Instrument [Line Items]
Amortization of debt issuance costs	20,000	24,000	245,000
2021	2,559,000
2022	0
2023	0
2024	0
2025	0
Thereafter	0
Principal amount	2,559,000	6,319,000		$ 2,600,000
Convertible Subordinated Notes Aggregate Maturity, After Year Five	0
Discount Amortization, Total	(20,000)	(319,000)
Present Value, 2018	2,539,000
Present Value, 2019	0
Present Value, 2022	0
Convertible Subordinated Notes Aggregate Maturity, Year Four	0
Convertible Subordinated Notes Aggregate Maturity, Year Five	0
Carrying value of the liability component	2,539,000
Interest expense	149,000	174,000	1,878,000
Accretion of discount	$ 216,000	$ 241,000	$ 2,192,000

Senior Notes (Details) - USD ($)		3 Months Ended	12 Months Ended
Senior Notes (Details) - USD ($)	Dec. 19, 2019	Dec. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	May 31, 2018
Debt Instrument [Line Items]
Repayments of Long-term Lines of Credit			$ 146,100,000	$ 118,261,000	$ 189,400,000
Debt instrument, term		65 years
Proceeds from the issuance of the senior notes due 2026			0	76,688,000	320,125,000
Debt Instrument, Unamortized Discount			20,000
Accretion of debt discount, net of debt premium on senior notes			307,000	492,000	272,000
Amortization of debt issuance costs			782,000	392,000	532,000
Senior Note Two [Member]
Debt Instrument [Line Items]
Accretion of debt discount, net of debt premium on senior notes			221,000	0	0
Senior Notes [Member]
Debt Instrument [Line Items]
Principal amount			400,000,000
Debt premium, net of accumulated amortization of $0 and $221, respectively			1,467,000
Long-term debt, fair value			427,900,000
Interest expense			26,500,000	21,711,000	12,620,000
Accretion of debt discount, net of debt premium on senior notes			528,000	493,000	273,000
Amortization of debt issuance costs			$ 280,000	$ 139,000	$ 77,000
Senior Notes [Member] \| Senior Note One [Member]
Debt Instrument [Line Items]
Debt Instrument, Discount Rate			6.87%
Debt Instrument, Unamortized Debt Issuance Costs				6.69%
Senior Notes [Member] \| Senior Note Two [Member]
Debt Instrument [Line Items]
Debt Instrument, Increase, Accrued Interest	$ 200,000
Debt Issuance Costs, Gross	1,000,000.0
Debt instrument interest rate (in percent)			6.625%
Principal amount	75,000,000.0	$ 400,000,000	$ 400,000,000	$ 400,000,000		$ 325,000,000.0
Proceeds from the issuance of the senior notes due 2026	76,900,000
Debt premium, net of accumulated amortization of $0 and $221, respectively	$ 1,700,000	$ 1,688,000	$ 1,467,000	$ 1,688,000
Debt Instrument, Discount Rate			6.20%
Debt Instrument, Unamortized Debt Issuance Costs				6.90%

Senior Notes Carrying value of the Senior Notes (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 19, 2019	May 31, 2018
Debt Instrument [Line Items]
Accumulated Amortization, Debt Premium	$ 0	$ 221,000
Debt issuance costs, net of accumulated amortization of $44	(1,136,000)	(1,618,000)
Accumulated Amortization, Debt Issuance Costs	819,000	337,000
Senior Notes [Member]
Debt Instrument [Line Items]
Principal amount	400,000,000
Debt premium, net of accumulated amortization of $0 and $221, respectively	1,467,000
Accumulated Amortization, Debt Discount	1,020,000	492,000
Debt discount, net of accumulated amortization of $154	(3,582,000)	(4,110,000)
Debt issuance costs, net of accumulated amortization of $44	(1,917,000)	(2,131,000)
Carrying value of the Senior Notes	395,968,000	395,447,000
Accumulated Amortization, Debt Issuance Costs	496,000	216,000
Senior Notes [Member] \| Senior Note Two [Member]
Debt Instrument [Line Items]
Principal amount	400,000,000	400,000,000	$ 75,000,000.0	$ 325,000,000.0
Debt premium, net of accumulated amortization of $0 and $221, respectively	$ 1,467,000	$ 1,688,000	$ 1,700,000

Senior Notes Aggregate Maturities (Details) - Senior Notes [Member] - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Principal Maturity
2021	$ 0
2022	0
2023	0
2024	0
2025	0
Thereafter	400,000,000
Principal Maturity	400,000,000
Discount Amortization
2020	(565,000)
2021	(605,000)
2022	(648,000)
2023	694,000
2024	(744,000)
Thereafter	(326,000)
Discount Amortization	3,582,000	$ 4,110,000
Debt Instrument, Unamortized Premium	1,467,000
Debt Instrument, Premium Amortized After Year Five	132,000
Debt Instrument, Premium Amortized in Year Five	301,000
Debt Instrument, Premium Amortized in Year Four	283,000
Debt Instrument, Premium Amortized in Year Three	266,000
Debt Instrument, Premium Amortized in Year Two	250,000
Debt Instrument, Premium Amortized in Next Twelve Months	235,000
Present Value
2020	(330,000)
2021	(355,000)
2022	(382,000)
2023	(411,000)
2024	(443,000)
Thereafter	399,806,000
Present Value	$ 397,885,000

- Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Leases [Abstract]
Operating lease right-of-use assets	$ 21,201	$ 22,304	$ 16,500
Operating Lease, Liability	$ 22,384		$ 17,300
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:LongTermDebtAndCapitalLeaseObligationsCurrent	us-gaap:LongTermDebtAndCapitalLeaseObligationsCurrent

- Lease Costs (Details) - USD ($) $ in Thousands	12 Months Ended
- Lease Costs (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating lease cost	$ 3,795	$ 3,722
Short-term lease cost	224	277
Depreciation of leased assets	439	498
Interest on lease liabilities	496	520
Total finance lease cost	935	1,018
Total lease cost	$ 4,954	$ 5,017

- Cash flow (Details) - USD ($) $ in Thousands	12 Months Ended
- Cash flow (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Cash paid for operating leases included in operating activities	$ 3,383	$ 3,910
Cash paid for finance leases included in financing activities	$ 828	$ 872

LEASES - Right-of-use Assets Obtained in Exchange for New Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 782	$ 8,175
Right-of-use assets obtained in exchange for new finance lease liabilities	$ 0	$ 0

- Carrying Values of Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Leases [Abstract]
Operating lease right-of-use assets	$ 21,201	$ 22,304	$ 16,500
Finance lease right-of-use assets	6,770	6,770
Accumulated depreciation	(2,005)	(1,566)
Finance lease right-of-use assets, net	4,765	5,204
Current portion of operating lease obligations	2,082	1,554
Current portion of finance lease obligations	323	290
Total current lease liabilities	2,405	1,844
Obligations under operating leases, net of current portion	20,302	21,533
Finance lease non-current liabilities	5,531	5,854
Total non-current lease liabilities	25,833	27,387
Total lease liabilities	$ 28,238	$ 29,231

- Lease Term and Discount Rate (Details)	Dec. 31, 2020
Weighted-average remaining lease term (years)
Operating leases	10 years 8 months 12 days
Finance leases	5 years 10 months 24 days
Weighted-average discount rate
Operating leases	8.10%
Finance leases	8.20%

- Maturities of Operating and Financing Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Jan. 01, 2019
Operating
2021	$ 3,794
2022	3,422
2023	3,301
2024	3,292
2025	3,156
Thereafter	16,188
Total lease payments	33,153
Less: Interest	(10,769)
Operating Lease, Liability	22,384	$ 17,300
Finance
2021	836
2022	860
2023	860
2024	791
2025	736
Thereafter	5,555
Total lease payments	9,638
Less: Interest	(3,784)
Present value of lease liabilities	$ 5,854

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Nov. 30, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Loss Contingencies [Line Items]
Agreements, Future Payments, Due in One Year		$ 6,711
Agreements, Future Payments, Due in Two Years		5,562
Agreements, Future Payments, Due in Three Years		2,510
Agreements, Future Payments, Due in Four Years		1,705
Agreements, Future Payments, Due in Five Years		1,382
Agreements, Future Payments, Due Thereafter		2,351
Matching contributions and plan administrative expenses		2,300	$ 2,000	$ 2,100
Payments for Legal Settlements	$ 700
Noncompete Agreements
Loss Contingencies [Line Items]
Agreements, Future Payments, Due in One Year		2,103
Agreements, Future Payments, Due in Two Years		1,569
Agreements, Future Payments, Due in Three Years		1,063
Agreements, Future Payments, Due in Four Years		691
Agreements, Future Payments, Due in Five Years		431
Agreements, Future Payments, Due Thereafter		439
Consulting Agreement
Loss Contingencies [Line Items]
Agreements, Future Payments, Due in One Year		879
Agreements, Future Payments, Due in Two Years		537
Agreements, Future Payments, Due in Three Years		266
Agreements, Future Payments, Due in Four Years		114
Agreements, Future Payments, Due in Five Years		51
Agreements, Future Payments, Due Thereafter		0
Employment Agreement
Loss Contingencies [Line Items]
Agreements, Future Payments, Due in One Year		3,729
Agreements, Future Payments, Due in Two Years		3,456
Agreements, Future Payments, Due in Three Years		1,181
Agreements, Future Payments, Due in Four Years		900
Agreements, Future Payments, Due in Five Years		900
Agreements, Future Payments, Due Thereafter		$ 1,912
Minimum \| Noncompete Agreements
Loss Contingencies [Line Items]
Agreements, Term of Contract		1 year
Minimum \| Consulting Agreement
Loss Contingencies [Line Items]
Agreements, Term of Contract		1 year
Minimum \| Employment Agreement
Loss Contingencies [Line Items]
Agreements, Term of Contract		3 years
Maximum \| Noncompete Agreements
Loss Contingencies [Line Items]
Agreements, Term of Contract		10 years
Maximum \| Consulting Agreement
Loss Contingencies [Line Items]
Agreements, Term of Contract		5 years
Maximum \| Employment Agreement
Loss Contingencies [Line Items]
Agreements, Term of Contract		5 years

Commitments and Contingencies Commitments and Contingencies (Non-Compete, Consulting and Employment Agreements) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020 USD ($)
Other Commitments [Line Items]
2020	$ 6,711
2021	5,562
2022	2,510
2023	1,705
2024	1,382
Thereafter	2,351
Total	20,221
Noncompete Agreements
Other Commitments [Line Items]
2020	2,103
2021	1,569
2022	1,063
2023	691
2024	431
Thereafter	439
Total	6,296
Consulting Agreement [Member]
Other Commitments [Line Items]
2020	879
2021	537
2022	266
2023	114
2024	51
Thereafter	0
Total	1,847
Employment Agreement [Member]
Other Commitments [Line Items]
2020	3,729
2021	3,456
2022	1,181
2023	900
2024	900
Thereafter	1,912
Total	$ 12,078
Minimum \| Noncompete Agreements
Other Commitments [Line Items]
Other Commitment, Term of Contract	1 year
Minimum \| Consulting Agreement [Member]
Other Commitments [Line Items]
Other Commitment, Term of Contract	1 year
Minimum \| Employment Agreement [Member]
Other Commitments [Line Items]
Other Commitment, Term of Contract	3 years
Maximum \| Noncompete Agreements
Other Commitments [Line Items]
Other Commitment, Term of Contract	10 years
Maximum \| Consulting Agreement [Member]
Other Commitments [Line Items]
Other Commitment, Term of Contract	5 years
Maximum \| Employment Agreement [Member]
Other Commitments [Line Items]
Other Commitment, Term of Contract	5 years

Income Taxes Income Taxes (Provision of Income Taxes from Continuing Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Current:
U. S. federal provision (benefit)	$ 1,778	$ (2,039)	$ 1,489
State provision (benefit)	2,177	(195)	1,309
Total current provision (benefit)	3,955	(2,234)	2,798
Deferred:
U. S. federal provision	3,994	8,056	2,831
State provision	603	2,061	992
Total deferred provision	4,597	10,117	3,823
Total income tax provision	$ 8,552	$ 7,883	$ 6,621

Income Taxes Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Federal statutory rate	$ 5,175	$ 4,707	$ 3,834
Federal statutory rate (as a percent)	21.00%	21.00%	21.00%
Effect of state income taxes, net of federal benefit	$ 2,080	$ 1,352	$ 1,776
Effect of state income taxes, net of federal benefit (as a percent)	8.40%	6.00%	9.70%
Effect of non-deductible expenses and other, net	$ 460	$ 947	$ 1,451
Effectof non-deductible expenses and other, net (as a percent)	1.90%	4.20%	7.90%
Effective Income Tax Rate Reconciliation, Disposition of Business, Amount	$ 846	$ 911	$ 0
Effective Income Tax Rate Reconciliation, Disposition of Business, Percent	3.40%	4.10%	0.00%
Change in valuation allowance	$ (9)	$ (34)	$ 26
Change in valuation allowance (as a percent)	0.00%	(0.20%)	0.10%
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	$ 0	$ 0	$ (466)
Effective Income Tax Rate Reconciliation, Other Adjustments, Percent	0.00%	0.00%	(2.50%)
Total income tax provision	$ 8,552	$ 7,883	$ 6,621
Income tax expense (benefit) (as a percent)	34.70%	35.10%	36.20%

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred income tax assets:
Net operating loss carryforwards	$ 1,570	$ 3,602
Deferred Tax Asset, Interest Carryforward	18	4,190
Tax credit carryforwards	100	100
State depreciation	1,264	1,124
Accrued and other liabilities	6,313	5,124
Amortization of non-compete agreements	1,117	1,104
Prepaid and other assets	741	0
Total deferred income tax assets	11,123	15,244
Less valuation allowance	(222)	(234)
Total deferred income tax assets	10,901	15,010
Deferred income tax liabilities:
Depreciation and amortization	(50,946)	(49,568)
Deferred Tax Liabilities, Preneed Liabilities	6,427	6,446
Convertible subordinated notes due 2021	(5)	(75)
Prepaid and other assets	0	(289)
Total deferred income tax liabilities	(57,378)	(56,378)
Deferred Tax Liabilities, Net	$ (46,477)	$ (41,368)

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2015	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 3,656	$ 691	$ 0		$ 0
Gross increases - tax positions in prior period	691	0	0
Proceeds from Income Tax Refunds	7,012	0	0	$ 1,900
Operating Loss Carryforwards	32,700		2,300
Share-based Payment Arrangement, Expense, Tax Benefit	$ 100	$ 400	$ 800

Income Taxes (Schedule of Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized tax benefit at beginning of year	$ 691	$ 0	$ 0
Gross increases - tax positions in prior period	0	691	0
Gross decreases - tax positions in prior period	(691)	0	0
Gross increases - tax positions in current period	3,656	0	0
Unrecognized tax benefit at end of year	$ 3,656	$ 691	$ 0

Stockholders' Equity Stockholders' Equity (Narrative) (Details)												3 Months Ended									12 Months Ended
	Dec. 31, 2020 USD ($) plan $ / shares shares	Oct. 30, 2020 $ / shares shares	Oct. 27, 2020 $ / shares	Aug. 31, 2020 $ / shares shares	Jun. 30, 2020 $ / shares shares	Jun. 26, 2020 shares	Jun. 25, 2020 $ / shares shares	May 19, 2020 $ / shares shares	Apr. 23, 2020 USD ($)	Apr. 19, 2020 USD ($)	Feb. 19, 2020 USD ($) shares	Dec. 31, 2020 USD ($) plan $ / shares shares	Sep. 30, 2020 USD ($) $ / shares	Jun. 30, 2020 USD ($) $ / shares	Mar. 31, 2020 USD ($) $ / shares	Dec. 31, 2019 USD ($) $ / shares shares	Sep. 30, 2019 USD ($) $ / shares	Jun. 30, 2019 USD ($) $ / shares	Mar. 31, 2019 USD ($) $ / shares	Mar. 31, 2017	Dec. 31, 2020 USD ($) plan $ / shares shares	Dec. 31, 2019 USD ($) $ / shares shares	Dec. 31, 2018 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized (in shares) \| shares	80,000,000											80,000,000				80,000,000					80,000,000	80,000,000
Common stock, par value (in dollars per share) \| $ / shares	$ 0.01											$ 0.01				$ 0.01					$ 0.01	$ 0.01
Common stock, shares issued (in shares) \| shares	26,020,494											26,020,494				25,880,362					26,020,494	25,880,362
Treasury Stock, Shares \| shares	8,025,339											8,025,339				8,025,339					8,025,339	8,025,339
Stock options awarded (in shares) \| shares																					20,000	100,000	213,000
Grants, weighted average exercise price (in usd per share) \| $ / shares																					$ 18.02	$ 24.35	$ 25.43
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period \| shares																					146,000	298,000	165,000
Unrecognized share based compensation cost	$ 1,100,000											$ 1,100,000									$ 1,100,000
Unrecognized share based compensation, expected term (in years)																					10 months 24 days
Issuance of common stock from employee stock purchase plan (in shares) \| shares																					71,908	73,731	49,938
Weighted average purchase price of ESPP shares purchased during the period (in dollars per share) \| $ / shares																					$ 16.71	$ 13.18	$ 18.56
Director Compensation, Quarterly Installment Of Annual Cash Retainer									$ 35,000	$ 29,750	$ 35,000
Dividends declared per share (in dollars per share) \| $ / shares	$ 0.40											$ 0.1000	$ 0.0875	$ 0.0750	$ 0.0750						$ 0.3375	$ 0.3000	$ 0.3000
Dividends declared, common stock, amount												$ 1,797,000	$ 1,569,000	$ 1,343,000	$ 1,339,000	$ 1,337,000	$ 1,336,000	$ 1,365,000	$ 1,360,000
Common Stock, Dividends, Per Share, Cash Paid \| $ / shares																$ 0.0750	$ 0.0750	$ 0.0750	$ 0.0750
Number of Stock Benefit Plans \| plan	2											2									2
Quarterly Installment Of Annual Cash Retainer, Percentage Change										15.00%
Quarterly Installment Of Annual Cash Retainer, Percentage						100.00%
Common Stock, Dividends, Per Share, Declared, Increase Authorized \| $ / shares			$ 0.0125					$ 0.05
Good to Great Incentive Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded (in shares) \| shares																					17,991	14,844	5,712
Total intrinsic value of options exercised																					$ 400,000	$ 300,000	$ 100,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value \| $ / shares																					$ 25.00	$ 19.92	$ 25.43
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value	$ 5,600,000											$ 5,600,000									$ 5,600,000
Contractual term of all options granted																					7 years
Stock options awarded (in shares) \| shares																					20,000	100,000	212,940
Grants, weighted average exercise price (in usd per share) \| $ / shares																					$ 18.02		$ 25.43
Stock option, contracted term																					10 years
Value of stock options granted																					$ 100,000	$ 600,000	$ 1,400,000
Total intrinsic value of options exercised																					500,000	1,200,000	3,900,000
Total fair value of stock options vested																					700,000	900,000	1,500,000
Share based compensation expense																					700,000	700,000	1,000,000.0
Unrecognized share based compensation cost	800,000											800,000									$ 800,000
Unrecognized share based compensation, expected term (in years)																					1 year 6 months 10 days
Incremental award vesting percentage																				20.00%
Employee Stock Option \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contractual term of all options granted																					10 years
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense																					$ 400,000	300,000	200,000
Purchase price percentage of grant date price per share (as a percent)																					85.00%
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cancellations ( in usd per share) \| $ / shares																					$ 0
Share based compensation expense																					$ 700,000	$ 800,000	$ 800,000
Cancellations (in shares) \| shares																					0
Awards (in shares) \| shares																					10,200
Awards ( in usd per share) \| $ / shares																					$ 25.00
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)																					3 years
Awards (in shares) \| shares																					10,200	25,550	86,260
Awards granted, aggregate grant date market value																					$ 300,000	$ 500,000	$ 2,200,000
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants, weighted average exercise price (in usd per share) \| $ / shares		$ 25.81		$ 22.14	$ 23.10		$ 18.02	$ 15.79
Cancellations ( in usd per share) \| $ / shares																					$ 9.69
Cancellations (in shares) \| shares						(33,538)
Unrecognized share based compensation cost	$ 5,000,000.0											$ 5,000,000.0									$ 5,000,000.0
Unrecognized share based compensation, expected term (in years)																					4 years
Awards (in shares) \| shares		6,987		6,987	2,795		13,974	368,921			237,500										399,664	306,623	113,320
Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other Than Options, Granted In Period, Fair Value											$ 2,800,000											$ 1,600,000	$ 2,900,000
Awards ( in usd per share) \| $ / shares																					$ 10.79
Share-based Goods and Nonemployee Services Transaction, Modification of Terms, Incremental Compensation Cost																					$ 1,700,000
Officers And Key Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Directors compensation expense																					900,000	200,000	4,400,000
Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Directors compensation expense																					$ 900,000	$ 500,000	$ 500,000
Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options awarded (in shares) \| shares																					30,883	7,458	7,403
Value of stock options granted																					$ 700,000	$ 200,000	$ 200,000
Cancellations ( in usd per share) \| $ / shares																					$ 21.16	$ 20.78	$ 20.52

Stockholders' Equity Stockholders' Equity (Status of stock based compensation plans) (Details) - shares	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Outstanding (in shares)	912,000	1,078,000	1,523,000	1,934,000
2017 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	1,782,824

Stockholders' Equity Stockholders' Equity (Assumptions using the Black-Scholes option pricing model) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price	$ 4.61	$ 5.70	$ 6.38
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	1.67%	1.23%	1.18%
Expected volatility	38.54%	27.45%	27.08%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	0.25%	1.65%	2.65%
Expected life (years)	3 years 8 months 12 days	5 years	5 years

Stockholders' Equity Stockholders' Equity (Summary of Options) (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
	Jun. 26, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning of period (in shares)		1,078,000	1,523,000	1,934,000
Granted (in shares)		20,000	100,000	213,000
Exercised (in shares)		(40,000)	(247,000)	(459,000)
Canceled or expired (in shares)		(146,000)	(298,000)	(165,000)
Outstanding at end of year (in shares)		912,000	1,078,000	1,523,000
Exercisable at end of year (in shares)		668,000	643,000	1,001,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding at beginning of period (in usd per share)		$ 23.22	$ 21.95	$ 20.85
Granted (in usd per share)		18.02	24.35	25.43
Exercised (in usd per share)		13.72	17.37	17.73
Canceled or expired (in usd per share)		23.97	21.96	25.34
Outstanding at end of year (in usd per share)		23.40	23.22	21.95
Exercisable at end of year (in usd per share)		$ 22.90	$ 22.02	$ 20.29
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period	100,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value		$ 5.6
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value		$ 7.2
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Granted (in shares)		20,000	100,000	212,940
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Granted (in usd per share)		$ 18.02		$ 25.43

Stockholders' Equity Stockholders' Equity (Outstanding stock options) (Details)	12 Months Ended
	Dec. 31, 2020 $ / shares shares
Range Of Exercise Prices, $4.78-5.94
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price range, lower range limit (in usd per share)	$ 4.78
Number of outstanding options at end of year (in shares) \| shares	22,674
Weighted-average remaining contractual life, options outstanding	1 year 2 months 4 days
Weighted average exercise price, options outstanding (in usd per share)	$ 5.94
Number of exercisable options at end of year (in shares) \| shares	22,674,000
Weighted average exercise price, options exercisable (in usd per share)	$ 5.94
Exercise price range, upper range limit (in usd per share)	$ 5.94
Share-based Payment Arrangement, Option, Exercise Price Range, Exercisable, Weighted Average Remaining Contractual Term	1 year 2 months 4 days
Range Of Exercise Prices, $16.73-17.21
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price range, lower range limit (in usd per share)	$ 16.73
Number of outstanding options at end of year (in shares) \| shares	461,472
Weighted-average remaining contractual life, options outstanding	2 years 4 months 28 days
Weighted average exercise price, options outstanding (in usd per share)	$ 21.68
Number of exercisable options at end of year (in shares) \| shares	415,432,000
Weighted average exercise price, options exercisable (in usd per share)	$ 21.96
Exercise price range, upper range limit (in usd per share)	$ 20.49
Share-based Payment Arrangement, Option, Exercise Price Range, Exercisable, Weighted Average Remaining Contractual Term	2 years 1 month 20 days
Range of Exercise Prices, $18.86-20.49
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price range, lower range limit (in usd per share)	$ 22.58
Number of outstanding options at end of year (in shares) \| shares	427,590
Weighted-average remaining contractual life, options outstanding	6 years 6 months
Weighted average exercise price, options outstanding (in usd per share)	$ 26.19
Number of exercisable options at end of year (in shares) \| shares	229,776,000
Weighted average exercise price, options exercisable (in usd per share)	$ 26.28
Exercise price range, upper range limit (in usd per share)	$ 26.93
Share-based Payment Arrangement, Option, Exercise Price Range, Exercisable, Weighted Average Remaining Contractual Term	6 years 5 months 4 days
Range of Exercise Prices, $4.78-20.49
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price range, lower range limit (in usd per share)	$ 4.78
Number of outstanding options at end of year (in shares) \| shares	911,736
Weighted-average remaining contractual life, options outstanding	4 years 3 months 18 days
Weighted average exercise price, options outstanding (in usd per share)	$ 23.40
Number of exercisable options at end of year (in shares) \| shares	667,882,000
Weighted average exercise price, options exercisable (in usd per share)	$ 22.90
Exercise price range, upper range limit (in usd per share)	$ 26.93
Share-based Payment Arrangement, Option, Exercise Price Range, Exercisable, Weighted Average Remaining Contractual Term	3 years 6 months 29 days

Stockholders' Equity Stockholders' Equity (Four quarterly assumptions for fair value of the right (option) to purchase shares under ESPP) (Details) - Employee Stock Purchase Plan	3 Months Ended												12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield													1.50%	1.40%	1.40%
Expected volatility													48.60%	36.10%	20.90%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	156.00%	157.00%	157.00%	154.00%	260.00%	256.00%	251.00%	242.00%	183.00%	172.00%	161.00%	144.00%
Expected life (years)	1 year	9 months	6 months	3 months	1 year	9 months	6 months	3 months	1 year	9 months	6 months	3 months

Stockholders' Equity Stockholders' Equity (Summary of unvested restricted stock awards) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Awards (in shares)	10,200	25,550	86,260
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested at beginning of year (in shares)	69,745
Awards (in shares)	10,200
Vestings (in shares)	(34,815)
Cancellations (in shares)	0
Unvested at end of year (in shares)	45,130	69,745
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Unvested at beginning of year ( in usd per share)	$ 23.56
Awards ( in usd per share)	25.00
Vestings ( in usd per share)	24.26
Cancellations ( in usd per share)	0
Unvested at beginning of year ( in usd per share)	$ 23.34	$ 23.56

Stockholders' Equity Performance Awards (Details) - USD ($) $ / shares in Units, $ in Millions								12 Months Ended
	Oct. 30, 2020	Aug. 31, 2020	Jun. 30, 2020	Jun. 26, 2020	Jun. 25, 2020	May 19, 2020	Feb. 19, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants, weighted average exercise price (in usd per share)								$ 18.02	$ 24.35	$ 25.43
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	6,987	6,987	2,795		13,974	368,921	237,500	399,664	306,623	113,320
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 0.3	$ 0.2	$ 0.1		$ 0.2	$ 3.6		$ 10.89	$ 0
Expected life (years)	4 years 2 months 1 day	4 years 3 months 29 days	4 years 5 months 1 day		4 years 6 months 7 days	4 years 7 months 13 days
Grants, weighted average exercise price (in usd per share)	$ 25.81	$ 22.14	$ 23.10		$ 18.02	$ 15.79
Expected volatility	38.72%	37.71%	37.43%		36.24%	34.54%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	0.30%	0.24%	0.20%		0.29%	0.33%
Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other Than Options, Granted In Period, Fair Value							$ 2.8		$ 1.6	$ 2.9
Cancellations (in shares)				(33,538)
Awards ( in usd per share)								10.79
Vestings ( in usd per share)								0
Cancellations ( in usd per share)								$ 9.69
Vestings (in shares)								0
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number								366,126	0
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period								10,200
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value								$ 23.34	$ 23.56
Cancellations (in shares)								0
Awards ( in usd per share)								$ 25.00
Vestings ( in usd per share)								24.26
Cancellations ( in usd per share)								$ 0
Vestings (in shares)								(34,815)

Share Repurchase Program Share Repurchase Program (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Jul. 31, 2019
Related Party Transaction [Line Items]
Authorized amount			$ 25,000,000.0
Treasury stock acquired, shares	400,000	1,101,969
Payments for repurchase of equity	$ 7,800,000	$ 17,700,000
Average cost per share (in usd per share)	$ 19.39	$ 16.03
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 25,600,000

Earnings Per Share Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Earnings Per Share [Abstract]
Income (Loss) from Continuing Operations Attributable to Parent	$ 8,365	$ 5,525	$ 6,397	$ (4,197)	$ 2,569	$ 577	$ 4,862	$ 6,525	$ 16,090	$ 14,533	$ 11,645
Earnings Allocated to Unvested Restricted Stock									(46)	(62)	(57)
Income from Continuing Operations Less Earnings Allocated to Unvested Restricted Stock									$ 16,044	$ 14,471	$ 11,588
Weighted Average Number of Shares Outstanding, Basic									17,872	17,877	17,971
Dilutive Securities, Effect on Basic Earnings Per Share, Options and Restrictive Stock Units									$ 196	$ 118	$ 66
Incremental common shares attributable to dilutive effect of conversion of debt securities									9	10	337
Weighted average number of common and common equivalent shares outstanding for diluted EPS computation									18,077	18,005	18,374
Basic earnings per common share (in dollars per share)	$ 0.47	$ 0.31	$ 0.36	$ (0.23)	$ 0.14	$ 0.03	$ 0.27	$ 0.36	$ 0.90	$ 0.81	$ 0.64
Diluted earnings per common share (in dollars per share)	$ 0.46	$ 0.31	$ 0.36	$ (0.23)	$ 0.14	$ 0.03	$ 0.27	$ 0.36	$ 0.89	$ 0.80	$ 0.63

Earnings Per Share Earnings Per Share (Narrative) (Details) - shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Earnings Per Share [Abstract]
Incremental common shares attributable to dilutive effect of conversion of debt securities	9,000	10,000	337,000
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	338,440	1,660,919

Segment Reporting (Revenue, pre-tax income and total assets by segments) (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020 USD ($)	Sep. 30, 2020 USD ($)	Jun. 30, 2020 USD ($)	Mar. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Sep. 30, 2019 USD ($)	Jun. 30, 2019 USD ($)	Mar. 31, 2019 USD ($)	Dec. 31, 2020 USD ($) locations	Dec. 31, 2019 USD ($) locations	Dec. 31, 2018 USD ($) locations	Dec. 31, 2017 USD ($)
Segment Reporting Information [Line Items]
Revenues	$ 90,088	$ 84,393	$ 77,477	$ 77,490	$ 71,149	$ 66,125	$ 67,752	$ 69,081	$ 329,448	$ 274,107	$ 267,992
Gross Profit (loss)									57,227	47,443	42,112
Income (loss) from continuing operations before income taxes									24,642	22,416	18,266
Total assets	1,145,825				1,129,755				1,145,825	1,129,755		$ 917,502
Long-lived assets	792,705				796,640				792,705	796,640		664,108
Depreciation and amortization									19,389	17,771	17,430
Payments to Acquire Productive Assets									$ 15,198	$ 15,379	$ 13,526
Number of operating locations at year end \| locations									210	217	211
Interest expense									$ 32,515	$ 25,522	$ 21,109
Income tax expense (benefit) from continuing operations									8,552	7,883	6,621
Services
Segment Reporting Information [Line Items]
Revenues									164,984	142,554	138,604
Merchandise
Segment Reporting Information [Line Items]
Revenues									95,565	83,347	82,802
Cemetery interment rights
Segment Reporting Information [Line Items]
Revenues									44,065	31,167	29,451
Other revenue
Segment Reporting Information [Line Items]
Revenues									24,834	17,039	17,135
Funeral
Segment Reporting Information [Line Items]
Revenues									249,138	216,868	210,725
Gross Profit (loss)									57,622	58,756	60,035
Income (loss) from continuing operations before income taxes									56,875	58,844	58,896
Total assets	764,535				790,459				764,535	790,459		686,470
Long-lived assets	619,588				650,179				619,588	650,179		572,916
Depreciation and amortization									11,586	11,128	10,726
Payments to Acquire Productive Assets									$ 6,997	$ 8,403	$ 8,296
Number of operating locations at year end \| locations									178	186	182
Interest expense									$ 1,004	$ 1,142	$ 1,339
Income tax expense (benefit) from continuing operations									19,738	20,694	21,349
Funeral \| Services
Segment Reporting Information [Line Items]
Revenues									150,283	131,636	127,262
Funeral \| Merchandise
Segment Reporting Information [Line Items]
Revenues									84,787	75,682	74,644
Funeral \| Cemetery interment rights
Segment Reporting Information [Line Items]
Revenues									0	0	0
Funeral \| Other revenue
Segment Reporting Information [Line Items]
Revenues									14,068	9,550	8,819
Cemetery
Segment Reporting Information [Line Items]
Revenues									80,310	57,239	57,267
Gross Profit (loss)									26,859	15,983	14,717
Income (loss) from continuing operations before income taxes									27,087	16,025	15,108
Total assets	366,964				314,413				366,964	314,413		226,475
Long-lived assets	172,122				145,158				172,122	145,158		89,654
Depreciation and amortization									6,376	5,227	4,891
Payments to Acquire Productive Assets									$ 7,025	$ 5,772	$ 3,989
Number of operating locations at year end \| locations									32	31	29
Interest expense									$ 13	$ 0	$ 0
Income tax expense (benefit) from continuing operations									9,401	5,635	5,476
Cemetery \| Services
Segment Reporting Information [Line Items]
Revenues									14,701	10,918	11,342
Cemetery \| Merchandise
Segment Reporting Information [Line Items]
Revenues									10,778	7,665	8,158
Cemetery \| Cemetery interment rights
Segment Reporting Information [Line Items]
Revenues									44,065	31,167	29,451
Cemetery \| Other revenue
Segment Reporting Information [Line Items]
Revenues									10,766	7,489	8,316
Corporate
Segment Reporting Information [Line Items]
Gross Profit (loss)									(27,254)	(27,296)	(32,640)
Income (loss) from continuing operations before income taxes									(59,320)	(52,453)	(55,738)
Total assets	14,326				24,883				14,326	24,883		4,557
Long-lived assets	$ 995				$ 1,303				995	1,303		$ 1,538
Depreciation and amortization									1,427	1,416	1,813
Payments to Acquire Productive Assets									$ 1,176	$ 1,204	$ 1,241
Number of operating locations at year end \| locations									0	0	0
Interest expense									$ 31,498	$ 24,380	$ 19,770
Income tax expense (benefit) from continuing operations									$ (20,587)	$ (18,446)	$ (20,204)

Supplementary Information Supplementary Information (Balance Sheet Disclosures) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Prepaids and other current assets:
Prepaid and other current assets	$ 1,919	$ 1,596
Escrow Deposit	0	5,000
Other current assets	157	112
Total other current assets	2,076	10,667
Debt Acquired in Acquisition, Current	1,027	1,306
Current portion of finance lease obligations	323	290
Current portion of operating lease obligations	2,082	1,554
Debt And Lease Liability, Current	3,432	3,150
Accrued and other liabilities:
Accrued salaries and wages	1,392	4,323
Accrued incentive compensation	11,139	9,199
Accrued vacation	3,271	2,880
Accrued insurance	3,016	2,329
Accrued interest	2,291	2,299
Accrued ad valorem and franchise taxes	435	678
Employer Payroll Tax Deferral, Current	1,773
Employer Payroll Tax Deferral	3,500	0
Accrued commissions	634	560
Other accrued liabilities	1,825	1,357
Unrecorded Tax Benefit, Liabilities	3,656	0
Total accrued and other liabilities	31,138	24,026
Perpetual Care Trust Taxes Payable	908	401
Taxes Payable	798	0
Accrued Bonuses	2,975	1,267
Business Combination, Contingent Consideration, Liability, Noncurrent	0	470
Employer Payroll Tax Deferral, Non-Current	1,773	0
Other long-term liabilities	4,748	1,737
Domestic Tax Authority [Member]
Prepaids and other current assets:
State income tax receivable	0	2,973
State
Prepaids and other current assets:
State income tax receivable	$ 0	$ 986

Quarterly Financial Data (Unaudited) Quarterly Financial Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 90,088	$ 84,393	$ 77,477	$ 77,490	$ 71,149	$ 66,125	$ 67,752	$ 69,081	$ 329,448	$ 274,107	$ 267,992
Gross profit	29,718	27,874	25,160	23,171	20,679	18,056	19,250	21,600	105,923	79,585	75,947
Net income from continuing operations	$ 8,365	$ 5,525	$ 6,397	$ (4,197)	$ 2,569	$ 577	$ 4,862	$ 6,525	$ 16,090	$ 14,533	$ 11,645
Basic earnings per common share (in dollars per share)	$ 0.47	$ 0.31	$ 0.36	$ (0.23)	$ 0.14	$ 0.03	$ 0.27	$ 0.36	$ 0.90	$ 0.81	$ 0.64
Diluted earnings per common share (in dollars per share)	$ 0.46	$ 0.31	$ 0.36	$ (0.23)	$ 0.14	$ 0.03	$ 0.27	$ 0.36	$ 0.89	$ 0.80	$ 0.63

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.

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Amount after tax of income (loss) from continuing operations attributable to the parent.

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Supplemental Disclosure of Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2015
Supplemental Cash Flow Information [Abstract]
Cash paid for interest and financing costs	$ 30,935	$ 23,870	$ 18,858
Cash paid for taxes	2,555	378	3,543
Proceeds from Income Tax Refunds	$ 7,012	$ 0	$ 0	$ 1,900

Related Party Transactions (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Treasury stock acquired, shares	400,000	1,101,969
Average cost per share (in usd per share)	$ 19.39	$ 16.03
Payments for repurchase of equity	$ 7.8	$ 17.7

Valuation and Qualifying Accounts Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Employee severance accruals
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of year	$ 837	$ 1,141	$ 0
Charged to costs and expenses	596	1,265	1,649
Deduction	1,271	1,569	508
Balance at end of year	162	837	1,141
Valuation allowance of the deferred tax asset
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of year	233	276	244
Charged to costs and expenses	0	0	32
Deduction	11	43	0
Balance at end of year	222	233	276
SEC Schedule, 12-09, Valuation Allowance, Current [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of year	849	769	835
Charged to costs and expenses	1,617	1,088	1,111
Deduction	1,179	1,008	1,177
Balance at end of year	1,287	849	769
SEC Schedule, 12-09, Valuation Allowance, Noncurrent [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of year	1,290	1,227	2,278
Charged to costs and expenses	701	532	730
Deduction	347	469	1,781
Balance at end of year	$ 1,644	$ 1,290	$ 1,227