2017 Q4 Form 10-Q Financial Statement
#000101628117000104 Filed on October 25, 2017
Income Statement
| Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
|---|---|---|---|
| Revenue | $65.08M | $61.05M | $60.14M |
| YoY Change | 3.52% | 1.52% | 3.02% |
| Cost Of Revenue | $45.52M | $45.57M | $41.91M |
| YoY Change | 9.55% | 8.74% | 2.18% |
| Gross Profit | $19.56M | $15.48M | $18.23M |
| YoY Change | -8.22% | -15.08% | 5.0% |
| Gross Profit Margin | 30.06% | 25.35% | 30.31% |
| Selling, General & Admin | $6.700M | $6.130M | $6.130M |
| YoY Change | -0.59% | 0.0% | -1.76% |
| % of Gross Profit | 34.25% | 39.6% | 33.63% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $4.110M | $3.100M | $2.900M |
| YoY Change | 4.85% | 6.9% | 11.54% |
| % of Gross Profit | 21.01% | 20.03% | 15.91% |
| Operating Expenses | $7.150M | $6.535M | $6.485M |
| YoY Change | 0.7% | 0.77% | -2.57% |
| Operating Profit | $12.41M | $8.945M | $11.74M |
| YoY Change | -12.68% | -23.83% | 9.71% |
| Interest Expense | -$4.560M | $3.282M | $2.903M |
| YoY Change | -21.51% | 13.06% | 10.42% |
| % of Operating Profit | -36.74% | 36.69% | 24.72% |
| Other Income/Expense, Net | $1.120M | -$10.00K | -$290.0K |
| YoY Change | -5700.0% | -96.55% | |
| Pretax Income | $8.970M | $4.560M | $7.574M |
| YoY Change | 7.04% | -39.79% | 4.45% |
| Income Tax | $3.480M | $1.824M | $3.030M |
| % Of Pretax Income | 38.8% | 40.0% | 40.01% |
| Net Earnings | $22.66M | $3.040M | $5.680M |
| YoY Change | 448.67% | -46.48% | 27.93% |
| Net Earnings / Revenue | 34.82% | 4.98% | 9.44% |
| Basic Earnings Per Share | $1.41 | $0.18 | $0.34 |
| Diluted Earnings Per Share | $1.31 | $0.17 | $0.33 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 16.09M | 16.48M | 16.53M |
| Diluted Shares Outstanding | 17.60M | 17.10M |
Balance Sheet
| Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $1.000M | $800.0K | $900.0K |
| YoY Change | -69.7% | -11.11% | 125.0% |
| Cash & Equivalents | $952.0K | $779.0K | $806.0K |
| Short-Term Investments | |||
| Other Short-Term Assets | $986.0K | $764.0K | $838.0K |
| YoY Change | -51.52% | -8.83% | -66.71% |
| Inventory | $6.519M | $6.346M | $5.853M |
| Prepaid Expenses | $2.028M | $1.355M | $3.599M |
| Receivables | $19.66M | $18.82M | $18.02M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $30.14M | $28.05M | $29.17M |
| YoY Change | -8.58% | -3.85% | -4.87% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $247.3M | $235.5M | $231.5M |
| YoY Change | 5.18% | 1.74% | 10.67% |
| Goodwill | $303.9M | $275.5M | $267.8M |
| YoY Change | 5.53% | 2.88% | 2.49% |
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $214.8M | $209.9M | $196.5M |
| YoY Change | 4.37% | 6.82% | 0.05% |
| Other Assets | $14.37M | $23.00K | $0.00 |
| YoY Change | 23.23% | -100.0% | |
| Total Long-Term Assets | $887.4M | $859.0M | $830.3M |
| YoY Change | -0.14% | 3.45% | 4.13% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $30.14M | $28.05M | $29.17M |
| Total Long-Term Assets | $887.4M | $859.0M | $830.3M |
| Total Assets | $917.5M | $887.0M | $859.5M |
| YoY Change | -0.44% | 3.2% | 3.8% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $6.547M | $6.686M | $5.857M |
| YoY Change | -35.8% | 14.15% | -42.7% |
| Accrued Expenses | $17.56M | $15.29M | $17.71M |
| YoY Change | -12.6% | -13.66% | 15.05% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $16.93M | $16.13M | $12.39M |
| YoY Change | 30.0% | 30.16% | 10.12% |
| Total Short-Term Liabilities | $42.72M | $40.11M | $38.75M |
| YoY Change | -3.51% | 3.52% | -10.66% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $212.2M | $200.0M | $198.7M |
| YoY Change | 3.79% | 0.65% | 16.72% |
| Other Long-Term Liabilities | $3.378M | $2.723M | $2.629M |
| YoY Change | 31.59% | 3.58% | -34.94% |
| Total Long-Term Liabilities | $215.5M | $202.7M | $201.3M |
| YoY Change | 4.14% | 0.69% | 15.52% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $42.72M | $40.11M | $38.75M |
| Total Long-Term Liabilities | $215.5M | $202.7M | $201.3M |
| Total Liabilities | $723.9M | $711.8M | $685.6M |
| YoY Change | 2.05% | 3.83% | 4.03% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $57.90M | $35.24M | $18.84M |
| YoY Change | 179.58% | 87.07% | -1019.42% |
| Common Stock | $216.4M | $216.6M | $215.4M |
| YoY Change | 0.51% | 0.58% | 0.77% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $76.63M | $76.63M | $60.27M |
| YoY Change | 27.16% | 27.16% | 41.51% |
| Treasury Stock Shares | $6.523M | $6.523M | $5.849M |
| Shareholders Equity | $197.7M | $175.2M | $174.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $921.5M | $887.0M | $859.5M |
| YoY Change | 4.12% | 3.2% | 3.8% |
Cashflow Statement
| Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $22.66M | $3.040M | $5.680M |
| YoY Change | 448.67% | -46.48% | 27.93% |
| Depreciation, Depletion And Amortization | $4.110M | $3.100M | $2.900M |
| YoY Change | 4.85% | 6.9% | 11.54% |
| Cash From Operating Activities | $14.40M | $10.58M | $9.290M |
| YoY Change | -5.14% | 13.89% | -36.63% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$3.270M | -$4.340M | -$4.210M |
| YoY Change | -31.88% | 3.09% | -44.09% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$22.75M | $310.0K | -$5.250M |
| YoY Change | 181.91% | -105.9% | -8850.0% |
| Cash From Investing Activities | -$26.01M | -$4.030M | -$9.460M |
| YoY Change | 101.94% | -57.4% | 26.64% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 11.81M | -6.230M | 140.0K |
| YoY Change | 8984.62% | -4550.0% | -101.9% |
| NET CHANGE | |||
| Cash From Operating Activities | 14.40M | 10.58M | 9.290M |
| Cash From Investing Activities | -26.01M | -4.030M | -9.460M |
| Cash From Financing Activities | 11.81M | -6.230M | 140.0K |
| Net Change In Cash | 200.0K | 320.0K | -30.00K |
| YoY Change | -91.77% | -1166.67% | -81.25% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $14.40M | $10.58M | $9.290M |
| Capital Expenditures | -$3.270M | -$4.340M | -$4.210M |
| Free Cash Flow | $17.67M | $14.92M | $13.50M |
| YoY Change | -11.56% | 10.52% | -39.16% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| csv |
Directors Compensation Expense
DirectorsCompensationExpense
|
302000 | USD | |
| CY2017Q3 | csv |
Directors Compensation Expense
DirectorsCompensationExpense
|
900000 | USD |
| csv |
Directors Compensation Expense
DirectorsCompensationExpense
|
271000 | USD | |
| CY2016Q4 | csv |
Deferred Preneed Funeral Receipts Held In Trust
DeferredPreneedFuneralReceiptsHeldInTrust
|
89240000 | USD |
| CY2017Q3 | csv |
Deferred Preneed Funeral Receipts Held In Trust
DeferredPreneedFuneralReceiptsHeldInTrust
|
89444000 | USD |
| CY2016Q4 | csv |
Deferred Preneed Funeral Revenue
DeferredPreneedFuneralRevenue
|
33198000 | USD |
| CY2017Q3 | csv |
Deferred Preneed Funeral Revenue
DeferredPreneedFuneralRevenue
|
34652000 | USD |
| CY2016Q3 | csv |
Directors Compensation Expense
DirectorsCompensationExpense
|
90000 | USD |
| csv |
Accounts Receivable Allowance Percentage On Contracts Past Due120 Days Or More
AccountsReceivableAllowancePercentageOnContractsPastDue120DaysOrMore
|
1 | ||
| CY2016Q4 | csv |
Accrued Ad Valorem And Franchise Taxes Current
AccruedAdValoremAndFranchiseTaxesCurrent
|
981000 | USD |
| CY2017Q3 | csv |
Accrued Ad Valorem And Franchise Taxes Current
AccruedAdValoremAndFranchiseTaxesCurrent
|
2314000 | USD |
| csv |
Amortization Of Cemetery Property
AmortizationOfCemeteryProperty
|
3100000 | USD | |
| CY2017Q3 | csv |
Amortization Of Cemetery Property
AmortizationOfCemeteryProperty
|
900000 | USD |
| csv |
Amortization Of Cemetery Property
AmortizationOfCemeteryProperty
|
2400000 | USD | |
| CY2017Q3 | csv |
Amount Of Receivables For Preneed Cemetery Interment Rights And Related Products And Services Presented In Preneed Receivables
AmountOfReceivablesForPreneedCemeteryIntermentRightsAndRelatedProductsAndServicesPresentedInPreneedReceivables
|
28200000 | USD |
| CY2017Q3 | csv |
Balance Of Receivables For Preneed Cemetery Interment Related Products And Services
BalanceOfReceivablesForPreneedCemeteryIntermentRelatedProductsAndServices
|
10600000 | USD |
| CY2017Q3 | csv |
Balance Of Receivables For Preneed Cemetery Interment Rights
BalanceOfReceivablesForPreneedCemeteryIntermentRights
|
29300000 | USD |
| CY2016Q4 | csv |
Care Trusts Corpus
CareTrustsCorpus
|
46290000 | USD |
| CY2017Q3 | csv |
Care Trusts Corpus
CareTrustsCorpus
|
48186000 | USD |
| CY2016Q4 | csv |
Cemetery Perpetual Care Trust Investments
CemeteryPerpetualCareTrustInvestments
|
46889000 | USD |
| CY2017Q3 | csv |
Cemetery Perpetual Care Trust Investments
CemeteryPerpetualCareTrustInvestments
|
48679000 | USD |
| CY2016Q4 | csv |
Cemetery Property
CemeteryProperty
|
76119000 | USD |
| CY2017Q3 | csv |
Cemetery Property
CemeteryProperty
|
76961000 | USD |
| CY2016Q4 | csv |
Cemetery Property Accumulated Amortization
CemeteryPropertyAccumulatedAmortization
|
34194000 | USD |
| CY2017Q3 | csv |
Cemetery Property Accumulated Amortization
CemeteryPropertyAccumulatedAmortization
|
36638000 | USD |
| csv |
Controlling Financial Interest
ControllingFinancialInterest
|
less than 50% | ||
| CY2016Q4 | csv |
Deferred Preneed Cemetery Receipts Held In Trust
DeferredPreneedCemeteryReceiptsHeldInTrust
|
69696000 | USD |
| CY2017Q3 | csv |
Deferred Preneed Cemetery Receipts Held In Trust
DeferredPreneedCemeteryReceiptsHeldInTrust
|
71728000 | USD |
| CY2016Q4 | csv |
Deferred Preneed Cemetery Revenue
DeferredPreneedCemeteryRevenue
|
54631000 | USD |
| CY2017Q3 | csv |
Deferred Preneed Cemetery Revenue
DeferredPreneedCemeteryRevenue
|
55275000 | USD |
| CY2016Q3 | csv |
Estimated Effective Income Tax Rate Reconciliation Before Discrete Items Percent
EstimatedEffectiveIncomeTaxRateReconciliationBeforeDiscreteItemsPercent
|
0.400 | |
| csv |
Estimated Effective Income Tax Rate Reconciliation Before Discrete Items Percent
EstimatedEffectiveIncomeTaxRateReconciliationBeforeDiscreteItemsPercent
|
0.400 | ||
| CY2017Q3 | csv |
Estimated Effective Income Tax Rate Reconciliation Before Discrete Items Percent
EstimatedEffectiveIncomeTaxRateReconciliationBeforeDiscreteItemsPercent
|
0.400 | |
| csv |
Fair Value Measurements Transfers Between Level1 And Level2
FairValueMeasurementsTransfersBetweenLevel1AndLevel2
|
0 | USD | |
| CY2017Q3 | csv |
Financing Receivables Total
FinancingReceivablesTotal
|
39946000 | USD |
| CY2016Q3 | csv |
Gains Losses On Extinguishment Of Debt And Other Costs
GainsLossesOnExtinguishmentOfDebtAndOtherCosts
|
0 | USD |
| csv |
Gains Losses On Extinguishment Of Debt And Other Costs
GainsLossesOnExtinguishmentOfDebtAndOtherCosts
|
-567000 | USD | |
| CY2017Q3 | csv |
Gains Losses On Extinguishment Of Debt And Other Costs
GainsLossesOnExtinguishmentOfDebtAndOtherCosts
|
0 | USD |
| csv |
Gains Losses On Extinguishment Of Debt And Other Costs
GainsLossesOnExtinguishmentOfDebtAndOtherCosts
|
0 | USD | |
| csv |
Income Tax Expense Benefit Net Of Uncertain Tax Positions
IncomeTaxExpenseBenefitNetOfUncertainTaxPositions
|
8406000 | USD | |
| csv |
Goodwill Impaired Period In Which Two Step Goodwill Impairment Is Performed
GoodwillImpairedPeriodInWhichTwoStepGoodwillImpairmentIsPerformed
|
P3Y | ||
| csv |
Income Loss Allocatedto Unvested Restricted Stock Continuing Operations
IncomeLossAllocatedtoUnvestedRestrictedStockContinuingOperations
|
-76000 | USD | |
| csv |
Regional And Unallocated Funeral And Cemetery Costs
RegionalAndUnallocatedFuneralAndCemeteryCosts
|
9845000 | USD | |
| us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-341000 | USD | |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
260000 | ||
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
560000 | USD | |
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
509000 | USD | |
| CY2016Q3 | csv |
Income Loss Allocatedto Unvested Restricted Stock Continuing Operations
IncomeLossAllocatedtoUnvestedRestrictedStockContinuingOperations
|
-25000 | USD |
| CY2016Q3 | csv |
Income Tax Expense Benefit Net Of Uncertain Tax Positions
IncomeTaxExpenseBenefitNetOfUncertainTaxPositions
|
1891000 | USD |
| CY2017Q3 | csv |
Income Loss Allocatedto Unvested Restricted Stock Continuing Operations
IncomeLossAllocatedtoUnvestedRestrictedStockContinuingOperations
|
-10000 | USD |
| csv |
Income Loss Allocatedto Unvested Restricted Stock Continuing Operations
IncomeLossAllocatedtoUnvestedRestrictedStockContinuingOperations
|
-52000 | USD | |
| CY2016Q3 | csv |
Income Loss Attributableto Continuing Operations Basic Eps
IncomeLossAttributabletoContinuingOperationsBasicEPS
|
5658000 | USD |
| csv |
Income Loss Attributableto Continuing Operations Basic Eps
IncomeLossAttributabletoContinuingOperationsBasicEPS
|
15378000 | USD | |
| CY2017Q3 | csv |
Income Loss Attributableto Continuing Operations Basic Eps
IncomeLossAttributabletoContinuingOperationsBasicEPS
|
3028000 | USD |
| csv |
Income Loss Attributableto Continuing Operations Basic Eps
IncomeLossAttributabletoContinuingOperationsBasicEPS
|
14480000 | USD | |
| CY2017Q3 | csv |
Income Tax Expense Benefit Net Of Uncertain Tax Positions
IncomeTaxExpenseBenefitNetOfUncertainTaxPositions
|
1522000 | USD |
| csv |
Income Tax Expense Benefit Net Of Uncertain Tax Positions
IncomeTaxExpenseBenefitNetOfUncertainTaxPositions
|
9283000 | USD | |
| csv |
Increase Decrease In Deferred Preneed Funeral And Cemetery Receipts Held In Trust
IncreaseDecreaseInDeferredPreneedFuneralAndCemeteryReceiptsHeldInTrust
|
4541000 | USD | |
| csv |
Increase Decrease In Deferred Preneed Funeral And Cemetery Receipts Held In Trust
IncreaseDecreaseInDeferredPreneedFuneralAndCemeteryReceiptsHeldInTrust
|
4132000 | USD | |
| csv |
Increase Decrease In Deferred Preneed Funeral And Cemetery Revenue
IncreaseDecreaseInDeferredPreneedFuneralAndCemeteryRevenue
|
742000 | USD | |
| csv |
Increase Decrease In Deferred Preneed Funeral And Cemetery Revenue
IncreaseDecreaseInDeferredPreneedFuneralAndCemeteryRevenue
|
2098000 | USD | |
| csv |
Increase Decrease In Preneed Funeral And Cemetery Trust Investments
IncreaseDecreaseInPreneedFuneralAndCemeteryTrustInvestments
|
4828000 | USD | |
| csv |
Increase Decrease In Preneed Funeral And Cemetery Trust Investments
IncreaseDecreaseInPreneedFuneralAndCemeteryTrustInvestments
|
5114000 | USD | |
| CY2017Q3 | csv |
Line Of Credit Facility Accordion Provision
LineOfCreditFacilityAccordionProvision
|
75000000 | USD |
| csv |
Maximum Term Of Installment Sales Contracts For Cemetery Interment Rights
MaximumTermOfInstallmentSalesContractsForCemeteryIntermentRights
|
P5Y | ||
| csv |
Number Of Days Past Due Contractual Payments Are When They Are Provided For With One Hundred Percent Allowance In Days
NumberOfDaysPastDueContractualPaymentsAreWhenTheyAreProvidedForWithOneHundredPercentAllowanceInDays
|
P90D | ||
| CY2016Q3 | csv |
Number Of Funeral Homes From Which Land Buildings Were Purchased
NumberOfFuneralHomesFromWhichLandBuildingsWerePurchased
|
4 | |
| CY2017Q3 | csv |
Numberof Divestitures
NumberofDivestitures
|
0 | divestiture |
| csv |
Other Comprehensive Income Loss Reclassification Unrealized Gain Loss On Deferred Preneed Funeral And Cemetery Receipts Held In Trust
OtherComprehensiveIncomeLossReclassificationUnrealizedGainLossOnDeferredPreneedFuneralAndCemeteryReceiptsHeldInTrust
|
-2849000 | USD | |
| CY2016Q4 | csv |
Other Current Assets
OtherCurrentAssets
|
102000 | USD |
| CY2017Q3 | csv |
Other Current Assets
OtherCurrentAssets
|
93000 | USD |
| csv |
Past Due Notifications Start
PastDueNotificationsStart
|
P15D | ||
| csv |
Paymentsto Acquire Landand Buildingson Lease
PaymentstoAcquireLandandBuildingsonLease
|
6258000 | USD | |
| csv |
Paymentsto Acquire Landand Buildingson Lease
PaymentstoAcquireLandandBuildingsonLease
|
0 | USD | |
| CY2017Q3 | csv |
Percent Of Total Receivables Past Due120 Days Or More
PercentOfTotalReceivablesPastDue120DaysOrMore
|
0.048 | |
| CY2017Q3 | csv |
Percentage Of Trust Assets In Custody Of Institution Receiving Trust Management Services
PercentageOfTrustAssetsInCustodyOfInstitutionReceivingTrustManagementServices
|
0.79 | |
| csv |
Period After Which Commissions Are No Longer Subject To Refund
PeriodAfterWhichCommissionsAreNoLongerSubjectToRefund
|
P1Y | ||
| CY2016Q4 | csv |
Preneed Cemetery Trust Investments
PreneedCemeteryTrustInvestments
|
69696000 | USD |
| CY2017Q3 | csv |
Preneed Cemetery Trust Investments
PreneedCemeteryTrustInvestments
|
71728000 | USD |
| CY2016Q4 | csv |
Preneed Funeral Trust Funds Allowance For Contract Cancellation
PreneedFuneralTrustFundsAllowanceForContractCancellation
|
440000 | USD |
| CY2017Q3 | csv |
Preneed Funeral Trust Funds Allowance For Contract Cancellation
PreneedFuneralTrustFundsAllowanceForContractCancellation
|
474000 | USD |
| CY2016Q4 | csv |
Preneed Funeral Trust Investments
PreneedFuneralTrustInvestments
|
89240000 | USD |
| CY2017Q3 | csv |
Preneed Funeral Trust Investments
PreneedFuneralTrustInvestments
|
89444000 | USD |
| CY2016Q4 | csv |
Preneed Receivables Net Of Allowance For Bad Debts
PreneedReceivablesNetOfAllowanceForBadDebts
|
30383000 | USD |
| CY2017Q3 | csv |
Preneed Receivables Net Of Allowance For Bad Debts
PreneedReceivablesNetOfAllowanceForBadDebts
|
31279000 | USD |
| CY2017Q3 | csv |
Receivables For Preneed Cemetery Interment Rights And Related Products And Services Presented In Accounts Receivables
ReceivablesForPreneedCemeteryIntermentRightsAndRelatedProductsAndServicesPresentedInAccountsReceivables
|
11700000 | USD |
| CY2016Q4 | csv |
Receivables From Preneed Funeral Trusts
ReceivablesFromPreneedFuneralTrusts
|
14218000 | USD |
| CY2017Q3 | csv |
Receivables From Preneed Funeral Trusts
ReceivablesFromPreneedFuneralTrusts
|
15306000 | USD |
| CY2016Q4 | csv |
Receivables From Preneed Funeral Trusts Gross
ReceivablesFromPreneedFuneralTrustsGross
|
14658000 | USD |
| CY2017Q3 | csv |
Receivables From Preneed Funeral Trusts Gross
ReceivablesFromPreneedFuneralTrustsGross
|
15780000 | USD |
| CY2016Q3 | csv |
Regional And Unallocated Funeral And Cemetery Costs
RegionalAndUnallocatedFuneralAndCemeteryCosts
|
2783000 | USD |
| csv |
Regional And Unallocated Funeral And Cemetery Costs
RegionalAndUnallocatedFuneralAndCemeteryCosts
|
8547000 | USD | |
| CY2017Q3 | csv |
Regional And Unallocated Funeral And Cemetery Costs
RegionalAndUnallocatedFuneralAndCemeteryCosts
|
3937000 | USD |
| CY2017Q3 | csv |
Share Based Compensation Aggrangement By Share Based Payment Award Equity Instrument Other Than Options Percent Represented By Relative Shareholder Return Performance
ShareBasedCompensationAggrangementByShareBasedPaymentAwardEquityInstrumentOtherThanOptionsPercentRepresentedByRelativeShareholderReturnPerformance
|
0.50 | |
| CY2017Q3 | csv |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Reserved Percentage
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsReservedPercentage
|
2 | |
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-09-30 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001016281 | ||
| CY2017Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
16085750 | |
| dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
CARRIAGE SERVICES INC | ||
| CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
10198000 | USD |
| CY2017Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
6686000 | USD |
| CY2016Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
18860000 | USD |
| CY2017Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
18821000 | USD |
| us-gaap |
Accretion Expense
AccretionExpense
|
2862000 | USD | |
| us-gaap |
Accretion Expense
AccretionExpense
|
3200000 | USD | |
| CY2016Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
8237000 | USD |
| CY2017Q3 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
4864000 | USD |
| CY2016Q4 | us-gaap |
Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
|
575000 | USD |
| CY2017Q3 | us-gaap |
Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
|
924000 | USD |
| CY2016Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
509000 | USD |
| CY2017Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
1579000 | USD |
| CY2016Q4 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
1726000 | USD |
| CY2017Q3 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
2053000 | USD |
| CY2016Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
20091000 | USD |
| CY2017Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
15294000 | USD |
| CY2016Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
4005000 | USD |
| CY2017Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1365000 | USD |
| CY2016Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
543000 | USD |
| CY2017Q3 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
410000 | USD |
| CY2016Q4 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
2305000 | USD |
| CY2017Q3 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
2614000 | USD |
| CY2016Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
4138000 | USD |
| CY2017Q3 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
4366000 | USD |
| CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
110509000 | USD |
| CY2017Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
113616000 | USD |
| CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
| CY2017Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
| CY2016Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
215064000 | USD |
| CY2017Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
216396000 | USD |
| CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1071000 | USD |
| CY2017Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1126000 | USD |
| CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
2166000 | USD |
| CY2017Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
2230000 | USD |
| CY2016Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
981000 | USD |
| us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
2862000 | USD | |
| CY2017Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1097000 | USD |
| us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
3200000 | USD | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
622000 | USD | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
614000 | USD | |
| CY2016Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | ||
| CY2017Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
455000 | |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
320000 | ||
| CY2016Q4 | us-gaap |
Assets
Assets
|
885069000 | USD |
| CY2017Q3 | us-gaap |
Assets
Assets
|
887046000 | USD |
| CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
32967000 | USD |
| CY2017Q3 | us-gaap |
Assets Current
AssetsCurrent
|
28045000 | USD |
| CY2016Q4 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
785000 | USD |
| CY2017Q3 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
770000 | USD |
| CY2016Q4 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
246000 | USD |
| CY2017Q3 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
197000 | USD |
| CY2016Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
2630000 | USD |
| CY2017Q3 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
2492000 | USD |
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
535000 | USD |
| CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
855000 | USD |
| CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3286000 | USD |
| CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
759000 | USD |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
320000 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-2527000 | USD | |
| CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2017Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2017Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
1571000 | |
| CY2016Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.05 | |
| CY2016Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.050 | |
| us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.100 | ||
| CY2017Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.05 | |
| CY2017Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.050 | |
| us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.150 | ||
| CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2017Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
80000000 | |
| CY2017Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
80000000 | |
| CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
22490855 | |
| CY2017Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
22609120 | |
| CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
225000 | USD |
| CY2017Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
226000 | USD |
| CY2016Q4 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
119596000 | USD |
| CY2017Q3 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
123182000 | USD |
| CY2016Q3 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
3452000 | USD |
| us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
10359000 | USD | |
| CY2017Q3 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
3601000 | USD |
| us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
10719000 | USD | |
| CY2016Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
41912000 | USD |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
126998000 | USD | |
| CY2017Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
45574000 | USD |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
135824000 | USD | |
| CY2016Q4 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
14957000 | USD |
| CY2017Q3 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
14616000 | USD |
| CY2016Q4 | us-gaap |
Deferred Discounts Finance Charges And Interest Included In Receivables
DeferredDiscountsFinanceChargesAndInterestIncludedInReceivables
|
5700000 | USD |
| CY2017Q3 | us-gaap |
Deferred Discounts Finance Charges And Interest Included In Receivables
DeferredDiscountsFinanceChargesAndInterestIncludedInReceivables
|
5700000 | USD |
| CY2016Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
1270000 | USD |
| CY2017Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
1043000 | USD |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
3618000 | USD | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1215000 | USD | |
| CY2016Q4 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
208000 | USD |
| CY2017Q3 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
232000 | USD |
| CY2016Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
1207000 | USD |
| CY2017Q3 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
1029000 | USD |
| CY2016Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
42810000 | USD |
| CY2017Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
44025000 | USD |
| CY2016Q3 | us-gaap |
Depreciation
Depreciation
|
2900000 | USD |
| us-gaap |
Depreciation
Depreciation
|
8400000 | USD | |
| CY2017Q3 | us-gaap |
Depreciation
Depreciation
|
3100000 | USD |
| us-gaap |
Depreciation
Depreciation
|
9400000 | USD | |
| CY2016Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
355000 | USD |
| us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1139000 | USD | |
| CY2017Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
401000 | USD |
| us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1155000 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11498000 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11874000 | USD | |
| CY2016Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
800000 | USD |
| us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
1700000 | USD | |
| CY2017Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
800000 | USD |
| us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
2500000 | USD | |
| us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.352 | ||
| CY2017Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.390 | |
| us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y8M24D | ||
| CY2017Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
-70000 | USD |
| us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
-700000 | USD | |
| us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
-207000 | USD | |
| us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
0 | USD | |
| CY2017Q3 | us-gaap |
Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
|
36417000 | USD |
| CY2017Q3 | us-gaap |
Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
|
3529000 | USD |
| us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-186000 | USD | |
| CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6130000 | USD |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
21208000 | USD | |
| CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6134000 | USD |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
19549000 | USD | |
| CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
275487000 | USD |
| CY2017Q3 | us-gaap |
Goodwill
Goodwill
|
275487000 | USD |
| us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
145000 | USD | |
| us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
| CY2016Q3 | us-gaap |
Gross Profit
GrossProfit
|
18228000 | USD |
| us-gaap |
Gross Profit
GrossProfit
|
58338000 | USD | |
| CY2017Q3 | us-gaap |
Gross Profit
GrossProfit
|
15480000 | USD |
| us-gaap |
Gross Profit
GrossProfit
|
57239000 | USD | |
| CY2016Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
5683000 | USD |
| us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
15454000 | USD | |
| CY2017Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
3038000 | USD |
| us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
14532000 | USD | |
| CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
7574000 | USD |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
23860000 | USD | |
| CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
4560000 | USD |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
23815000 | USD | |
| CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.34 | |
| us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.93 | ||
| CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.18 | |
| us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.87 | ||
| CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.33 | |
| us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.91 | ||
| CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.17 | |
| us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.81 | ||
| CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3030000 | USD |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9545000 | USD | |
| CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1824000 | USD |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9526000 | USD | |
| CY2016Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
1932000 | USD |
| CY2017Q3 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
671000 | USD |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2149000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3510000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
292000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2790000 | USD | |
| us-gaap |
Increase Decrease In Inventories And Other Operating Assets
IncreaseDecreaseInInventoriesAndOtherOperatingAssets
|
-682000 | USD | |
| us-gaap |
Increase Decrease In Inventories And Other Operating Assets
IncreaseDecreaseInInventoriesAndOtherOperatingAssets
|
-2356000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-386000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-340000 | USD | |
| us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
3945000 | USD | |
| us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
2594000 | USD | |
| CY2016Q3 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
299000 | |
| us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
200000 | ||
| CY2017Q3 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
787000 | |
| us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
980000 | ||
| CY2016Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
273000 | |
| CY2017Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
335000 | |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
332000 | ||
| CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
2903000 | USD |
| us-gaap |
Interest Expense
InterestExpense
|
8722000 | USD | |
| CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
3282000 | USD |
| us-gaap |
Interest Expense
InterestExpense
|
9517000 | USD | |
| CY2016Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1235000 | USD |
| CY2017Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
257000 | USD |
| CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
6147000 | USD |
| CY2017Q3 | us-gaap |
Inventory Net
InventoryNet
|
6346000 | USD |
| CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
709335000 | USD |
| CY2017Q3 | us-gaap |
Liabilities
Liabilities
|
711813000 | USD |
| CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
885069000 | USD |
| CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
887046000 | USD |
| CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
44273000 | USD |
| CY2017Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
40114000 | USD |
| CY2017Q3 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
0 | USD |
| CY2017Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
300000000 | USD |
| CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
13267000 | USD |
| CY2017Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
16323000 | USD |
| CY2016Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
13021000 | USD |
| CY2017Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
16126000 | USD |
| CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
204404000 | USD |
| CY2017Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
199992000 | USD |
| CY2016Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
66542000 | USD |
| CY2017Q3 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
74550000 | USD |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2122000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-19905000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-32398000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-13447000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
34840000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
30825000 | USD | |
| CY2016Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
5683000 | USD |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
15454000 | USD | |
| CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3038000 | USD |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
14532000 | USD | |
| CY2017Q3 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
39900000 | USD |
| us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment | |
| CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
6485000 | USD |
| us-gaap |
Operating Expenses
OperatingExpenses
|
22347000 | USD | |
| CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
6535000 | USD |
| us-gaap |
Operating Expenses
OperatingExpenses
|
20704000 | USD | |
| CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
11743000 | USD |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
35991000 | USD | |
| CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
8945000 | USD |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
36535000 | USD | |
| CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1059000 | USD |
| CY2017Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1417000 | USD |
| CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
2034000 | USD |
| CY2017Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
764000 | USD |
| CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
50000 | USD |
| CY2017Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
23000 | USD |
| us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
2849000 | USD | |
| CY2016Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
717000 | USD |
| CY2017Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1811000 | USD |
| CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2567000 | USD |
| CY2017Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2723000 | USD |
| CY2016Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-285000 | USD |
| us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
20000 | USD | |
| CY2017Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-6000 | USD |
| us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-3000 | USD | |
| CY2016Q4 | us-gaap |
Other Receivables
OtherReceivables
|
334000 | USD |
| CY2017Q3 | us-gaap |
Other Receivables
OtherReceivables
|
404000 | USD |
| us-gaap |
Payments For Previous Acquisition
PaymentsForPreviousAcquisition
|
0 | USD | |
| us-gaap |
Payments For Previous Acquisition
PaymentsForPreviousAcquisition
|
101000 | USD | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
16366000 | USD | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1662000 | USD | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2503000 | USD | |
| us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
717000 | USD | |
| us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD | |
| us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
15056000 | USD | |
| us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
723000 | USD | |
| us-gaap |
Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
|
2700000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
12039000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
13129000 | USD | |
| CY2016Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
2640000 | USD |
| CY2017Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1355000 | USD |
| us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
955000 | USD | |
| us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
405000 | USD | |
| us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
686000 | USD | |
| us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
1296000 | USD | |
| us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
45500000 | USD | |
| us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
75100000 | USD | |
| us-gaap |
Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
|
39063000 | USD | |
| us-gaap |
Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
|
0 | USD | |
| CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
345622000 | USD |
| CY2017Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
349117000 | USD |
| CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
235113000 | USD |
| CY2017Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
235501000 | USD |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1522000 | USD | |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1737000 | USD | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
8438000 | USD | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
8438000 | USD | |
| us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
987000 | USD | |
| us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
1084000 | USD | |
| us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
74800000 | USD | |
| us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
67300000 | USD | |
| CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
20711000 | USD |
| CY2017Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
35243000 | USD |
| CY2016Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
60140000 | USD |
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
185336000 | USD | |
| CY2017Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
61054000 | USD |
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
193063000 | USD | |
| CY2016Q4 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
137862000 | USD |
| CY2017Q3 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
125442000 | USD |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2645000 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2394000 | USD | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0053 | |
| CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0065 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0077 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
328000 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1541000 | |
| CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1945000 | |
| CY2016Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
25000000.0 | USD |
| CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
175734000 | USD |
| CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
175233000 | USD |
| CY2016Q3 | us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
-1139000 | USD |
| us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
-1139000 | USD | |
| CY2017Q3 | us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
-302000 | USD |
| us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
-243000 | USD | |
| CY2017Q3 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
24.35 | |
| CY2016Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5849316 | |
| CY2017Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
6523370 | |
| CY2017Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
574054 | |
| CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
60266000 | USD |
| CY2017Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
76632000 | USD |
| CY2017Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
14000000 | USD |
| CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17101000 | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16962000 | ||
| CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17598000 | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17887000 | ||
| CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16529000 | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16502000 | ||
| CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16476000 | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16575000 | ||
| us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-left:0px;padding-top:20px;text-indent:0px;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">RECENTLY ISSUED ACCOUNTING STANDARDS</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Stock-Based Compensation</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2017, the FASB issued ASU, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation: (Topic 718): Stock Compensation - Scope of Modification Accounting</font><font style="font-family:inherit;font-size:10pt;">. The amendments provide guidance about which changes to the terms and conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. An entity should account for the effects of a modification unless the fair value, vesting conditions and classification of the modified award are the same as the original award immediately before the award is modified. This ASU is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years, with earlier application permitted for all entities. The amendments should be applied prospectively to an award modified on or after the adoption date. Our adoption of this ASU for our fiscal year beginning January 1, 2018 is not expected to have a material effect on our Consolidated Financial Statements. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606). </font><font style="font-family:inherit;font-size:10pt;">FASB Accounting Standards Codification (“ASC”) Topic 606 supersedes the revenue recognition requirements under Topic 605, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">, and most industry-specific guidance throughout the Industry Topics of the ASC. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which an entity expects to be entitled in exchange for those goods or services. Under the new guidance, an entity is required to perform the following five steps: (1) identify the contract(s) with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when (or as) the entity satisfies a performance obligation. </font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The new guidance will significantly enhance comparability of revenue recognition practices across entities, industries, jurisdictions and capital markets. Additionally, the guidance requires improved disclosures as to the nature, amount, timing and uncertainty of revenue that is recognized. On July 9, 2015, the FASB deferred the effective date by one year to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. We plan to adopt the provisions of this ASU for our fiscal year beginning January 1, 2018 using the modified retrospective approach, which recognizes the cumulative effect of initially applying the standard as an adjustment to retained earnings at the date of initial application. </font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Currently, our sales of cemetery interment rights are recorded as revenue in accordance with the retail land sales provisions for accounting for sales of real estate. This method provides for the recognition of revenue in the period in which the customer’s cumulative payments exceed 10% of the contract price related to the interment right. We have analyzed the impact on our contract portfolio by reviewing our revenue streams and our current policies and procedures to identify potential differences that would result from applying the requirements of the new standard to our contracts and we do not expect the new accounting standard to significantly impact our current accounting for the cemetery interment rights. We do not expect the adoption of this accounting standard to materially affect our accounting for other revenue streams.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We expect the adoption of this new accounting standard to affect our accounting for the selling costs related to preneed cemetery merchandise and services and preneed funeral trust contracts. Currently, these costs are charged to operations using the specific identification method in the period incurred. Under the new accounting standard, we will capitalize and amortize these costs over the typical financing term for our preneed cemetery merchandise and services contracts and over the average preneed maturity period for our preneed funeral trust contracts. Based on our preliminary assessments, we do not expect the change to have a material impact on our Consolidated Financial Statements. The selling costs related to the sales of cemetery interment rights, which include real property and other costs related to cemetery development activities, will continue to be charged to operations 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 will continue to be charged to operations using the specific identification method in the period incurred.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We are continually evaluating the impact on our Consolidated Financial Statements and are currently modifying our financial systems to provide accounting under the new guidance. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases </font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842). </font><font style="font-family:inherit;font-size:10pt;">This ASU addresses certain aspects of recognition, presentation, and disclosure of leases and applies to all entities that enter into a lease, with some specified scope exemptions. The amendments in this ASU aim to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. This ASU is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years, with earlier application permitted for all entities. Both lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach, which recognizes the cumulative effect of initially applying the standard as an adjustment to retained earnings at the date of initial application. We plan to adopt the provisions of this ASU for our fiscal year beginning January 1, 2019 and are currently evaluating the impact the adoption of this new accounting standard will have on our Consolidated Financial Statements.</font></div></div> | ||
| us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates </font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of our Consolidated Financial Statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses. On an ongoing basis, we evaluate our estimates and judgments, including those related to revenue recognition, realization of accounts receivable, goodwill, intangible assets, property and equipment and deferred tax assets and liabilities. 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 revenues 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. </font></div></div> |
