Carriage services inc (CSV)
Balance Sheet / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

716

5,812

685

674

644

9,474

40,531

779

952

759

435

806

3,286

855

883

871

535

396

558

317

413

2,966

731

21,958

1,377

882

1,518

1,290

1,698

549

1,012

869

1,137

4,264

5,184

1,279

Accounts receivable, net

21,478

17,699

16,794

17,732

18,897

17,067

17,026

17,817

19,655

18,821

17,015

17,712

18,860

18,023

18,246

17,911

18,181

18,093

16,909

18,637

19,264

17,762

18,252

17,715

17,950

16,278

16,869

18,142

17,812

16,989

16,199

16,850

16,605

13,393

13,643

15,587

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,544

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,354

0

-

5,770

20,108

3,183

1,466

600

0

0

0

-

-

-

Inventories

6,989

6,692

6,756

6,815

6,751

6,938

6,616

6,566

6,519

6,346

6,327

6,313

6,147

5,853

5,792

5,782

5,654

5,947

5,502

5,432

5,294

5,460

5,345

5,348

5,300

4,787

4,736

5,010

5,133

-

-

-

5,102

-

-

-

Prepaid and other current assets

-

1,764

1,412

2,063

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid and other current assets

1,596

-

-

-

1,456

1,778

1,571

1,966

2,028

1,355

1,096

2,426

2,640

3,599

2,988

4,770

4,684

3,709

3,451

4,556

4,590

3,939

3,345

4,387

4,421

3,918

3,518

4,138

5,107

-

-

-

4,630

-

-

-

Prepaid Expense and Other

10,667

-

-

-

3,011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

-

-

-

-

-

2,798

2,460

572

986

764

594

106

2,034

838

809

3,853

4,707

2,517

2,539

2,369

7,144

4,187

3,130

1,754

3,525

1,162

2,171

-

1,923

-

-

-

3,798

-

-

-

Inventories and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,107

-

12,500

12,342

14,535

-

11,281

10,405

10,828

Total current assets

39,850

31,967

25,647

27,284

29,303

38,055

68,204

27,700

30,140

28,045

25,467

27,363

32,967

29,168

28,718

33,187

33,761

30,662

28,959

31,311

36,705

34,314

32,157

51,162

36,117

32,797

48,920

35,870

33,139

30,638

29,553

32,254

31,272

28,938

29,232

27,694

Preneed cemetery trust investments

72,382

68,333

69,970

67,742

62,432

69,953

70,278

70,296

73,853

71,728

70,176

69,975

69,696

65,896

61,775

60,432

63,291

64,737

71,894

72,534

71,972

73,072

75,646

69,475

68,341

66,919

66,749

73,067

70,960

-

-

72,047

66,419

62,322

81,710

79,691

Preneed funeral trust investments

96,335

87,059

88,696

87,013

82,074

90,051

91,203

91,782

90,682

89,444

88,503

89,104

89,240

85,560

83,429

83,132

85,553

87,491

96,002

97,240

97,607

98,525

100,347

100,204

97,144

94,573

93,170

85,224

82,896

-

-

80,378

75,812

70,798

77,982

81,143

Preneed cemetery receivables, net

20,173

19,467

19,458

18,610

18,441

18,510

21,327

20,982

31,644

31,279

31,584

30,839

30,383

30,579

29,152

28,224

27,998

26,902

26,448

26,431

26,284

26,053

26,439

24,282

24,521

24,717

24,923

24,181

23,222

23,688

23,250

22,894

22,800

24,224

23,846

24,099

Receivables from preneed trusts

18,024

17,989

17,654

17,058

17,073

16,815

16,313

15,802

15,287

15,306

15,077

14,652

14,218

13,839

12,865

13,050

13,544

13,450

12,939

12,795

12,809

12,252

11,780

11,738

11,166

12,298

13,557

26,938

25,871

22,250

22,366

22,440

22,487

22,380

22,406

21,866

Property, plant and equipment, net

279,200

258,035

259,835

259,594

260,838

261,565

244,579

245,622

247,294

235,501

235,468

234,416

235,113

231,465

228,898

216,864

214,874

209,151

205,332

193,984

186,211

183,782

176,283

161,829

160,690

154,547

154,415

155,677

152,433

145,743

143,597

142,254

136,469

131,493

129,308

128,472

Cemetery property, net

87,032

-

-

-

74,958

-

-

-

76,331

-

-

-

76,119

-

-

-

75,597

-

-

-

75,564

-

-

-

72,911

-

-

-

75,156

-

-

-

71,620

-

-

-

Cemetery property, net

-

75,064

75,427

75,156

-

74,887

75,599

75,935

-

76,961

76,995

76,543

-

75,692

75,878

75,784

-

75,577

75,516

75,264

-

75,437

75,459

72,852

-

73,117

73,404

75,030

-

75,227

75,139

71,610

-

71,450

71,094

71,128

Goodwill

398,292

299,181

303,887

303,887

303,887

304,733

287,956

287,956

287,956

275,487

275,487

275,487

275,487

267,788

265,249

264,416

264,416

261,291

261,291

261,291

257,442

257,504

253,573

220,945

221,087

217,244

217,244

217,243

218,442

205,976

200,852

200,300

193,962

190,430

186,917

183,324

Intangible and other non-current assets, net

32,116

24,028

24,360

24,311

24,425

25,338

21,552

20,830

18,117

14,616

14,745

14,878

14,957

14,476

14,307

10,748

10,978

14,670

14,899

15,136

14,264

14,523

18,657

13,416

12,280

-

-

-

9,424

-

-

-

10,451

-

-

-

Operating lease right-of-use assets

22,304

22,628

23,485

15,900

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred charges and other non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,347

8,243

7,156

-

7,872

8,471

7,138

-

11,844

10,579

7,860

Cemetery perpetual care trust investments

64,047

48,397

48,969

47,970

44,071

48,813

48,600

48,285

50,229

48,679

47,539

47,716

46,889

45,048

42,505

41,341

43,127

44,146

48,620

49,249

48,670

50,234

52,812

43,529

42,342

40,261

39,485

47,165

46,542

-

-

45,193

41,485

37,933

44,666

45,735

Total assets

1,129,755

952,148

957,388

944,512

917,502

948,720

945,611

905,190

921,533

887,046

881,041

880,973

885,069

859,511

842,776

827,178

833,139

828,077

841,900

835,235

827,528

825,696

823,153

769,432

746,599

724,820

740,110

747,551

738,085

715,905

698,195

696,508

672,777

651,812

677,740

671,012

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt

1,306

1,679

1,895

2,083

2,015

2,445

2,402

17,320

17,251

16,323

15,237

14,265

13,267

12,633

12,605

12,533

12,236

11,468

10,705

10,624

9,838

9,883

9,908

14,078

13,424

12,672

12,139

11,629

11,218

669

668

658

628

574

574

563

Current portion of finance lease obligations

290

282

284

299

312

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease obligations

1,554

1,524

1,541

2,653

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

8,413

6,135

6,831

7,093

9,987

5,810

5,788

7,273

6,547

6,686

6,446

7,419

10,198

5,857

6,858

6,162

7,917

10,222

6,639

6,463

6,472

7,831

6,162

5,231

7,046

3,677

5,064

4,359

5,243

12,259

14,905

14,177

13,874

14,963

12,870

9,700

Other liabilities

-

-

-

-

-

898

875

3,789

1,361

1,811

775

3,285

717

2,546

2,497

2,535

524

6,286

3,698

788

1,437

2,163

9,329

9,350

9,939

11,829

15,782

14,346

13,067

-

-

-

-

-

-

-

Accrued and other liabilities

24,026

29,270

21,916

21,352

22,644

21,665

17,021

12,397

17,559

15,294

14,312

11,394

20,091

17,714

16,021

14,623

16,541

15,397

12,942

12,211

15,203

15,037

13,301

12,558

12,854

14,710

12,199

11,671

12,278

13,041

14,619

12,322

17,867

13,402

15,948

14,896

Liabilities associated with assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

4,357

-

-

-

-

-

-

-

-

-

-

-

Liabilities associated with assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

360

0

-

4,510

20,158

578

369

58

0

0

0

-

-

-

Total current liabilities

35,589

38,890

32,467

33,480

34,958

30,818

26,086

40,779

42,718

40,114

36,770

36,363

44,273

38,750

37,981

35,853

37,218

43,373

33,984

30,086

32,950

34,914

39,060

41,217

47,620

47,398

65,342

42,583

42,175

26,027

30,192

27,157

32,369

28,939

29,392

25,159

Long-term debt, net of current portion

5,658

6,135

6,307

6,470

6,925

7,648

7,818

116,886

121,034

125,442

129,627

133,741

137,862

136,628

139,693

139,413

103,495

107,242

110,571

112,972

111,887

114,311

116,699

101,783

105,642

109,514

112,621

115,718

118,841

131,755

131,858

131,935

131,900

131,471

131,558

132,416

Credit facility

82,182

17,099

23,753

20,099

26,145

-

-

-

91,120

-

-

-

66,542

-

-

-

91,514

-

-

-

40,500

-

-

-

36,900

-

-

-

44,700

-

-

-

3,100

-

-

-

Convertible junior subordinated debentures due in 2029 to an affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

27,860

89,770

89,770

89,770

89,770

89,770

89,770

89,770

89,770

89,770

89,770

91,520

92,858

Convertible subordinated notes due 2021

5,971

-

-

-

5,732

-

-

-

124,441

-

-

-

119,596

-

-

-

115,227

-

-

-

114,542

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Revolving credit facility

-

-

-

-

-

-

-

83,389

-

74,550

61,081

64,011

-

62,073

58,703

52,633

-

63,000

46,400

41,000

-

42,300

42,400

0

-

26,000

34,600

43,000

-

28,000

17,300

17,000

-

-

-

-

Convertible subordinated notes due 2021

-

5,902

5,835

5,796

-

25,697

25,425

125,733

-

123,182

121,955

120,760

-

118,461

117,355

116,278

-

117,096

116,220

115,369

-

113,737

112,955

112,261

-

-

-

-

-

-

-

-

-

-

-

-

Principal amount

90,764

319,577

319,418

319,261

-

318,956

318,807

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Obligations under finance leases, net of current portion

5,854

5,929

5,999

6,073

6,143

6,211

6,287

6,371

6,361

2,492

2,560

2,580

2,630

2,689

2,757

2,816

2,875

2,933

2,989

3,044

3,098

3,151

3,201

1,343

3,786

3,844

3,900

3,943

4,013

4,047

4,083

4,119

4,155

4,187

4,221

4,289

Obligations under operating leases, net of current portion

21,533

21,758

22,673

14,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred preneed cemetery revenue

46,569

45,195

45,540

46,151

45,997

46,156

50,699

50,797

54,690

55,275

55,093

55,156

54,631

55,953

56,669

56,692

56,721

56,786

56,298

56,871

56,875

57,340

57,394

55,019

55,479

56,218

56,371

64,627

63,998

60,311

59,506

56,557

59,934

58,914

50,419

50,125

Deferred preneed funeral revenue

29,145

29,522

29,236

28,569

28,606

28,153

27,740

27,251

34,585

34,652

34,756

33,981

33,198

33,258

31,131

31,209

31,748

31,786

31,028

31,187

31,265

30,833

30,597

31,102

30,588

31,596

32,838

41,846

39,794

40,878

40,683

40,782

40,961

40,331

39,829

39,517

Deferred tax liability

41,368

32,533

32,572

32,254

31,263

31,694

30,293

31,366

31,159

44,025

43,216

40,717

42,810

39,318

36,816

38,968

39,956

36,653

36,353

36,487

36,414

31,369

21,890

18,290

-

6,961

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,915

-

-

-

0

-

-

-

-

-

-

-

Other long-term liabilities

1,737

1,935

1,920

1,771

3,133

3,155

2,843

2,819

3,378

2,723

2,430

1,798

2,567

2,629

5,813

5,782

5,531

4,041

3,601

3,086

2,401

1,490

1,220

1,612

1,548

-

-

-

0

-

-

-

-

-

-

-

Deferred preneed cemetery receipts held in trust

72,382

68,333

69,970

67,742

62,432

69,953

70,278

70,296

73,853

71,728

70,176

69,975

69,696

65,896

61,775

60,432

63,291

64,737

71,894

72,534

71,972

73,072

75,646

69,475

68,341

66,919

66,749

73,067

70,960

75,783

70,515

72,047

66,419

62,322

81,710

79,691

Deferred preneed funeral receipts held in trust

96,335

87,059

88,696

87,013

82,074

90,051

91,203

91,782

90,682

89,444

88,503

89,104

89,240

85,560

83,429

83,132

85,553

87,491

96,002

97,240

97,607

98,525

100,347

100,204

97,144

94,573

93,170

85,224

82,896

80,968

79,966

80,378

75,812

70,798

77,982

81,143

Care trusts’ corpus

63,416

47,771

48,442

47,734

43,494

48,396

48,154

47,561

49,856

48,186

47,015

47,250

46,290

44,345

42,117

41,292

42,416

43,846

48,154

49,184

48,142

50,203

52,304

43,566

41,893

40,056

39,133

47,083

45,920

47,304

44,281

45,073

41,379

37,927

44,817

45,941

Total liabilities

903,186

727,638

732,828

716,403

696,010

706,888

705,633

695,030

723,877

711,813

693,182

695,436

709,335

685,560

674,239

664,500

675,545

658,984

653,494

649,060

647,653

651,245

653,713

603,732

590,626

572,849

594,494

606,861

603,067

584,843

568,154

564,818

545,799

524,659

551,448

551,139

Commitments and contingencies

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

Redeemable preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

200

200

-

-

-

200

-

-

-

Stockholders’ equity:
Redeemable preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

200

200

-

-

-

200

Redeemable preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

200

-

Common stock, $.01 par value; 80,000,000 shares authorized; 25,703,490 and 25,880,362 issued as of December 31, 2018 and 2019, respectively

259

259

258

258

257

257

257

228

226

226

226

226

225

225

225

225

225

225

224

224

224

224

224

224

222

222

221

221

221

220

220

219

217

216

215

213

Additional paid-in capital

242,147

242,657

243,285

243,940

243,849

243,869

244,215

216,526

216,158

216,396

215,694

215,527

215,064

215,153

215,422

214,763

214,250

213,506

213,024

212,268

212,386

212,339

212,325

211,831

204,324

204,322

203,861

202,880

202,462

202,176

201,760

204,418

201,284

201,020

200,948

200,987

Retained earnings

86,213

83,644

83,067

78,205

71,680

74,338

72,138

70,038

57,904

35,243

32,205

30,050

20,711

18,839

13,156

7,956

3,385

-2,049

-6,493

-11,050

-17,468

-22,845

-27,842

-31,088

-33,306

-37,306

-43,199

-47,344

-52,598

-56,267

-56,872

-56,660

-63,987

-64,283

-65,071

-70,951

Deferred compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,020

-

-

-

-

Treasury stock, at cost; 7,625,339 and 8,025,339 shares at December 31, 2018 and 2019, respectively

102,050

102,050

102,050

94,294

94,294

76,632

76,632

76,632

76,632

76,632

60,266

60,266

60,266

60,266

60,266

60,266

60,266

42,589

18,349

15,267

15,267

15,267

15,267

15,267

15,267

15,267

15,267

15,267

15,267

15,267

15,267

13,467

10,736

10,000

10,000

10,576

Total stockholders’ equity

226,569

224,510

224,560

228,109

221,492

241,832

239,978

210,160

197,656

175,233

187,859

185,537

175,734

173,951

168,537

162,678

157,594

169,093

188,406

186,175

179,875

174,451

169,440

165,700

155,973

151,971

145,616

140,490

134,818

130,862

129,841

131,490

126,778

126,953

126,092

119,673

Total liabilities and stockholders’ equity

1,129,755

952,148

957,388

944,512

917,502

948,720

945,611

905,190

921,533

887,046

881,041

880,973

885,069

859,511

842,776

827,178

833,139

828,077

841,900

835,235

827,528

825,696

823,153

769,432

746,599

724,820

740,110

747,551

738,085

715,905

698,195

696,508

672,777

651,812

677,740

671,012

Senior Notes [Member]
Principal amount

395,447

-

-

-

319,108

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-