Stonemor partners lp (STON)
Income statement / Quarterly
Sep'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'11Mar'11Sep'10Jun'10
Revenues:
Revenues

73,151

78,495

71,469

83,425

73,185

81,571

77,945

85,295

84,034

85,952

82,946

88,307

80,773

78,978

78,172

83,545

81,768

84,513

70,493

86,333

78,174

71,533

64,387

71,953

61,539

62,422

59,612

59,314

62,197

61,508

59,587

58,725

60,325

60,107

49,231

52,130

48,737

Costs and Expenses:
Cost of goods sold

10,677

10,843

9,743

15,260

12,866

13,086

13,435

14,427

11,910

12,043

13,519

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cemetery expense

18,362

21,636

-

-

19,407

21,007

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

11,721

12,042

10,720

-

12,195

13,333

9,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cemetery expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,076

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling expense

14,609

15,497

14,733

14,865

14,251

17,166

16,256

16,919

17,082

15,623

16,459

19,493

16,466

16,575

14,733

15,243

14,647

15,769

13,910

13,169

16,494

14,861

11,189

12,698

11,692

12,218

11,224

10,678

11,290

13,123

11,787

11,368

12,192

12,187

9,544

10,298

9,467

General and administrative expense

11,033

10,958

11,439

11,044

10,916

10,163

10,958

9,649

9,752

9,753

9,957

10,030

9,522

8,993

9,204

10,111

8,819

9,192

9,329

8,823

9,808

8,880

7,645

8,491

7,902

7,898

7,582

7,525

7,015

7,195

7,193

8,975

7,111

7,031

6,427

6,327

6,161

Corporate overhead

11,595

13,137

13,413

13,413

12,876

15,165

11,827

12,906

11,887

16,067

11,104

9,512

10,058

9,737

10,311

9,982

9,115

10,429

9,083

12,329

8,392

6,546

7,456

8,269

7,997

5,672

7,988

7,264

6,546

7,756

6,603

6,194

5,628

5,986

5,958

5,360

5,605

Depreciation and amortization

2,647

2,716

2,757

2,883

2,737

3,071

3,045

3,151

3,186

3,391

3,455

3,752

2,927

3,155

3,065

3,596

3,311

2,944

2,952

3,088

3,112

2,513

2,368

2,389

2,378

2,451

2,330

2,672

2,199

2,230

2,330

2,160

1,886

2,042

2,446

2,466

1,929

Acquisition related costs, net of recoveries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

451

1,240

349

-

243

-625

1,283

925

1,085

782

331

1,457

1,189

1,025

933

1,963

1,666

Total costs and expenses

-

-

80,832

-

-

-

85,971

-

86,382

89,065

83,995

86,308

84,451

80,724

77,633

84,148

77,540

83,095

73,518

83,785

75,754

68,267

59,126

71,803

60,802

60,098

58,218

57,712

57,129

59,712

54,212

57,864

56,346

56,647

47,696

51,413

46,881

Other (losses) gains, net

-

-

-

-

-

-

-

-

338

-1,071

0

-

-506

-191

-882

-

-1,460

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

79,592

85,254

-

-

83,201

90,309

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other gains (losses), net

-129

-

-

-

702

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other losses, net

-

3,429

-

-

-

0

5,205

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating loss

-6,570

-10,188

-9,363

-12,611

-9,314

-8,738

-13,231

-

-

-

-

-

-

-

-

-

4,228

1,418

-3,025

-

2,420

3,266

5,261

150

737

2,324

1,394

1,602

5,068

1,796

5,375

861

3,979

3,460

1,535

717

1,856

Early extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-4,010

-

-

Increase in fair value of interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,398

1,568

Expenses related to refinancing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

453

-

-

Interest expense

12,765

9,346

13,171

7,744

7,638

8,107

7,113

6,954

6,944

6,741

6,706

7,057

5,934

5,707

5,790

5,683

5,669

5,770

5,463

5,620

5,268

5,148

5,574

5,282

5,193

5,132

5,463

5,394

5,273

4,870

4,966

4,932

4,824

4,352

5,090

5,902

5,239

Gain on acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

412

-

2,530

-

-

-

-

122

-

-

-

-

-

59

-

Gain on termination of operating agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-83

1,820

-

-

-

-

-

-

Gain on settlement agreement, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

888

-

0

0

11,349

912

-

-

-

-

-

-

-

-

-

-

Gain on sale of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

155

-

-

-

-

-

-

-

-

-

-

-

Loss on debt extinguishment

-

-8,478

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-21,595

-

-

-

-

-

-

-

-

-

-

-

Loss on impairment of goodwill

24,862

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from operations before income taxes

-44,197

-28,012

-22,534

-20,355

-16,952

-16,845

-20,344

-57,145

-8,954

-10,925

-7,755

-4,999

-10,118

-7,644

-6,133

-6,717

-2,901

-4,352

-8,488

-

-2,604

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-994

99

-

-1,926

-12,899

-3,157

-3,792

-205

-3,035

2,229

-3,979

-845

-892

-8,018

-3,728

-1,815

State

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

97

145

-

69

-902

4

-20

26

Federal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-963

54

-

-691

-805

-808

-1,807

-381

Income tax benefit (expense)

-1,545

6,386

-

179

273

172

-2,421

-11,706

622

657

806

998

-169

500

260

262

357

292

22

3,086

664

-876

-310

-1,025

-442

-1,090

-957

143

-1,266

-866

199

-886

-622

-1,707

-804

-1,827

-355

Net loss

-42,652

-34,398

-22,534

-20,534

-17,225

-17,017

-17,923

-45,439

-9,576

-11,582

-8,561

-5,997

-9,949

-8,144

-6,393

-6,979

-3,258

-4,644

-8,510

-6,812

-3,268

-118

409

-4,107

-1,484

-11,809

-2,200

-3,935

1,061

-2,169

2,030

-3,093

-223

815

-7,214

-1,901

-1,460

Net loss attributable to common unit holders

-

-34,398

-

-

-

-17,017

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General partner’s interest

-426

-357

-234

1,300

-179

-177

-187

651

99

121

-89

2,137

-111

1,091

-1,101

6,212

-1,021

-899

-685

-2,036

-44

-9

4

-627

-26

-218

-40

-79

21

-43

41

-62

-4

16

-144

-38

-29

Limited partners’ interest

-42,226

-34,041

-22,300

-20,320

-17,046

-16,840

-17,736

-44,966

-9,477

-11,461

-8,472

-5,932

-9,838

-9,235

-7,494

-7,981

-4,279

-5,543

-9,195

-8,946

-3,224

-109

405

-5,302

-1,458

-11,591

-2,160

-3,856

1,040

-2,126

1,989

-3,031

-219

799

-7,070

-1,863

-1,431

Net loss per limited partner unit (basic and diluted)

-1.09

-1.44

-0.59

-0.54

-0.45

-0.44

-0.47

-1.19

-0.25

-0.30

-0.22

-0.16

-0.28

-0.27

-0.23

-0.25

-0.14

-0.19

-0.31

-0.35

-0.11

-0.01

0.02

-0.26

-0.07

-0.54

-0.11

-

0.05

-0.11

-

-

-

-

-

-

-

Weighted average number of limited partners’ units outstanding (basic and diluted)

38,916

39,329

38,031

37,960

37,959

37,958

37,959

37,959

37,958

37,957

37,918

35,562

35,470

34,837

32,539

31,881

31,491

29,286

29,230

-

29,018

-

-

-

21,351

-

-

-

-

19,375

-

-

-

19,341

-

13,995

13,537

Weighted average number of limited partners' units outstanding - basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,552

22,493

-

-

-

-

-

-

-

-

-

-

-

17,709

-

-

Weighted average number of limited partners' units outstanding-basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,345

19,729

-

-

-

19,369

-

19,353

-

-

-

-

Weighted average number of limited partners' units outstanding - diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,552

22,787

-

-

21,345

-

-

-

-

-

-

-

-

17,709

-

-

Weighted average number of limited partners' units outstanding - diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,729

-

-

-

20,391

-

19,353

-

-

-

-

Weighted average number of limited partners' units outstanding - basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,491

-

-

-

-

-

-

-

-

Weighted average number of limited partners' units outstanding - diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,743

-

-

-

-

-

-

-

-

Distributions declared per unit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.61

0.60

0.60

-

0.60

0.59

0.59

0.59

0.59

0.58

0.58

0.58

0.58

0.58

0.58

0.56

0.55

Cemetery
Revenues

60,750

65,628

57,910

70,607

61,405

67,680

62,243

70,880

69,543

70,746

65,527

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

-

-

17,247

-

-

-

17,414

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

1,853

1,920

1,962

1,994

1,858

2,111

2,074

2,175

2,175

2,298

2,261

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

-

-

-

-

-

-

-

-

19,984

20,124

16,697

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating costs and expenses

54,681

58,934

-

-

57,440

61,422

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Funeral Home
Revenues

12,401

12,867

13,559

12,818

11,780

13,891

15,702

14,415

14,491

15,206

17,419

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

602

598

588

678

652

701

713

711

753

810

806

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating costs and expenses

10,669

10,467

-

-

10,148

10,651

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-