2019 Q4 Form 10-K Financial Statement
#000109690620000127 Filed on March 30, 2020
Income Statement
| Concept | 2019 Q4 | 2019 Q3 | 2019 Q2 |
|---|---|---|---|
| Revenue | $77.70M | $75.40M | $68.40M |
| YoY Change | 26.34% | 12.2% | -0.73% |
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $20.90M | $20.10M | $19.30M |
| YoY Change | 3.98% | -4.29% | -6.31% |
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $400.0K | $400.0K | $400.0K |
| YoY Change | 0.0% | -20.0% | -20.0% |
| % of Gross Profit | |||
| Operating Expenses | $72.10M | $66.60M | $60.50M |
| YoY Change | 20.37% | 8.47% | -0.82% |
| Operating Profit | |||
| YoY Change | |||
| Interest Expense | -$3.500M | -$4.000M | -$3.300M |
| YoY Change | 20.69% | 11.11% | -10.81% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $2.100M | $4.800M | $4.600M |
| YoY Change | -250.0% | 118.18% | 9.52% |
| Income Tax | $300.0K | $1.100M | $1.100M |
| % Of Pretax Income | 14.29% | 22.92% | 23.91% |
| Net Earnings | $1.900M | $3.600M | $3.500M |
| YoY Change | -480.0% | 80.0% | 9.38% |
| Net Earnings / Revenue | 2.45% | 4.77% | 5.12% |
| Basic Earnings Per Share | $0.10 | $0.20 | $0.19 |
| Diluted Earnings Per Share | $0.10 | $0.20 | $0.19 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding | 18.76M shares |
Balance Sheet
| Concept | 2019 Q4 | 2019 Q3 | 2019 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | |||
| YoY Change | |||
| Cash & Equivalents | $127.8M | $123.2M | $127.8M |
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | |||
| YoY Change | |||
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $25.90M | $9.400M | $9.200M |
| YoY Change | 270.0% | 30.56% | 26.03% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $664.6M | $495.0M | $470.5M |
| YoY Change | 39.89% | 6.25% | 0.9% |
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | |||
| YoY Change | |||
| TOTAL ASSETS | |||
| Total Short-Term Assets | |||
| Total Long-Term Assets | |||
| Total Assets | $1.334B | $1.163B | $1.107B |
| YoY Change | 26.99% | 9.25% | 3.63% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | |||
| YoY Change | |||
| Accrued Expenses | $11.40M | ||
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $35.10M | $20.20M | $20.80M |
| YoY Change | 84.74% | -21.71% | -22.1% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $217.6M | $261.0M | $216.4M |
| YoY Change | 16.05% | 32.89% | 3.64% |
| Other Long-Term Liabilities | $43.20M | $51.90M | $48.20M |
| YoY Change | 21.35% | 39.89% | 35.77% |
| Total Long-Term Liabilities | $260.8M | $312.9M | $264.6M |
| YoY Change | 16.9% | 34.0% | 8.31% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $35.10M | $20.20M | $20.80M |
| Total Long-Term Liabilities | $260.8M | $312.9M | $264.6M |
| Total Liabilities | $1.138B | $981.6M | $928.9M |
| YoY Change | 29.43% | 10.02% | 3.42% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $196.7M | $181.1M | $177.6M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $1.334B | $1.163B | $1.107B |
| YoY Change | 26.99% | 9.25% | 3.63% |
Cashflow Statement
| Concept | 2019 Q4 | 2019 Q3 | 2019 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $1.900M | $3.600M | $3.500M |
| YoY Change | -480.0% | 80.0% | 9.38% |
| Depreciation, Depletion And Amortization | $400.0K | $400.0K | $400.0K |
| YoY Change | 0.0% | -20.0% | -20.0% |
| Cash From Operating Activities | -$12.70M | -$22.20M | -$60.20M |
| YoY Change | -173.41% | -226.86% | 64.93% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$900.0K | -$500.0K | -$300.0K |
| YoY Change | 200.0% | 66.67% | -40.0% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $62.90M | -$23.80M | $17.70M |
| YoY Change | -1950.0% | -255.56% | -653.13% |
| Cash From Investing Activities | $62.00M | -$24.40M | $17.50M |
| YoY Change | -1775.68% | -263.76% | -586.11% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -44.70M | 43.10M | 39.90M |
| YoY Change | 347.0% | -426.52% | -29.75% |
| NET CHANGE | |||
| Cash From Operating Activities | -12.70M | -22.20M | -60.20M |
| Cash From Investing Activities | 62.00M | -24.40M | 17.50M |
| Cash From Financing Activities | -44.70M | 43.10M | 39.90M |
| Net Change In Cash | 4.600M | -3.500M | -2.800M |
| YoY Change | 27.78% | -118.23% | -116.77% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$12.70M | -$22.20M | -$60.20M |
| Capital Expenditures | -$900.0K | -$500.0K | -$300.0K |
| Free Cash Flow | -$11.80M | -$21.70M | -$59.90M |
| YoY Change | -167.05% | -221.91% | 66.39% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
18104681 | shares |
| CY2018 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17968062 | shares |
| CY2019 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18229116 | shares |
| CY2018 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18188665 | shares |
| CY2019Q4 | fil |
Federal Home Loan Bank Stock Amortized Cost
FederalHomeLoanBankStockAmortizedCost
|
894300 | USD |
| CY2018Q4 | fil |
Federal Home Loan Bank Stock Amortized Cost
FederalHomeLoanBankStockAmortizedCost
|
2548700 | USD |
| CY2019 | fil |
Provision For Current Loan Originations
ProvisionForCurrentLoanOriginations
|
643284 | USD |
| CY2018 | fil |
Provision For Current Loan Originations
ProvisionForCurrentLoanOriginations
|
1148334 | USD |
| CY2019 | fil |
Increase Decrease In Value Of Business Acquired
IncreaseDecreaseInValueOfBusinessAcquired
|
4962831 | USD |
| CY2018 | fil |
Increase Decrease In Value Of Business Acquired
IncreaseDecreaseInValueOfBusinessAcquired
|
0 | USD |
| CY2019 | fil |
Imputed Interest On Value Of Business Acquired
ImputedInterestOnValueOfBusinessAcquired
|
472916 | USD |
| CY2019 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.60 | |
| CY2019Q4 | fil |
Derivatives Bank Loan Interest Rate Swaps Interest Rate Lock Commitments
DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments
|
-231347 | USD |
| CY2018Q4 | fil |
Restricted Assets
RestrictedAssets
|
744673 | USD |
| CY2019Q4 | fil |
Restricted Assets Of Cemeteries And Mortuaries1
RestrictedAssetsOfCemeteriesAndMortuaries1
|
1976480 | USD |
| CY2018Q4 | fil |
Cemetery Perpetual Care Trust Investments1
CemeteryPerpetualCareTrustInvestments1
|
483353 | USD |
| CY2018Q4 | fil |
Derivatives Interest Rate Lock Commitments
DerivativesInterestRateLockCommitments
|
1969967 | USD |
| CY2018 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.21 | |
| CY2019 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.60 | |
| CY2018 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.19 | |
| CY2019Q4 | fil |
Restricted Assets Of Cemeteries And Mortuaries
RestrictedAssetsOfCemeteriesAndMortuaries
|
1008867 | USD |
| CY2019Q4 | fil |
Cemetery Perpetual Care Trust Investments1
CemeteryPerpetualCareTrustInvestments1
|
975673 | USD |
| CY2019Q4 | fil |
Cemetery Perpetual Care Trust Investments2
CemeteryPerpetualCareTrustInvestments2
|
1605451 | USD |
| CY2019Q4 | fil |
Derivatives Interest Rate Lock Commitments
DerivativesInterestRateLockCommitments
|
2722580 | USD |
| CY2019Q4 | fil |
Derivatives Bank Loan Interest Rate Swaps Call Options
DerivativesBankLoanInterestRateSwapsCallOptions
|
-62265 | USD |
| CY2019Q4 | fil |
Derivatives Bank Loan Interest Rate Swaps Put Options
DerivativesBankLoanInterestRateSwapsPutOptions
|
-22282 | USD |
| CY2018Q4 | fil |
Derivatives Bank Loan Interest Rate Swaps Call Options
DerivativesBankLoanInterestRateSwapsCallOptions
|
-4629 | USD |
| CY2018Q4 | fil |
Derivatives Bank Loan Interest Rate Swaps Put Options
DerivativesBankLoanInterestRateSwapsPutOptions
|
-296053 | USD |
| CY2018Q4 | fil |
Derivatives Bank Loan Interest Rate Swaps Interest Rate Lock Commitments
DerivativesBankLoanInterestRateSwapsInterestRateLockCommitments
|
-378151 | USD |
| CY2019 | fil |
Unrealized Gains For Bank Loan Interest Rate Swaps Before Taxes
UnrealizedGainsForBankLoanInterestRateSwapsBeforeTaxes
|
35550 | USD |
| CY2018 | fil |
Unrealized Gains For Bank Loan Interest Rate Swaps Before Taxes
UnrealizedGainsForBankLoanInterestRateSwapsBeforeTaxes
|
0 | USD |
| CY2019 | fil |
Unrealized Gains On Cemetery Perpetual Care Trust Investments
UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments
|
29904 | USD |
| CY2018 | fil |
Unrealized Gains On Cemetery Perpetual Care Trust Investments
UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments
|
0 | USD |
| CY2019 | fil |
Increase Dececrease In Unrealized Gains On Restricted Assets
IncreaseDececreaseInUnrealizedGainsOnRestrictedAssets
|
26694 | USD |
| CY2019Q4 | fil |
Unrealized Gains On Restricted Assets
UnrealizedGainsOnRestrictedAssets
|
26694 | USD |
| CY2019 | fil |
Increase Dececrease In Unrealized Gains On Cemetery Perpetual Care Trust Investments
IncreaseDececreaseInUnrealizedGainsOnCemeteryPerpetualCareTrustInvestments
|
22455 | USD |
| CY2019Q4 | fil |
Unrealized Gains On Cemetery Perpetual Care Trust Investments1
UnrealizedGainsOnCemeteryPerpetualCareTrustInvestments1
|
22455 | USD |
| CY2018 | fil |
Increase Decrease In Unrealized Net Gains On Available For Sale Securities And Trust Investments
IncreaseDecreaseInUnrealizedNetGainsOnAvailableForSaleSecuritiesAndTrustInvestments
|
-603170 | USD |
| CY2019 | fil |
Amortization Of Msr S
AmortizationOfMsrS
|
-7055795 | USD |
| CY2018 | fil |
Amortization Of Msr S
AmortizationOfMsrS
|
-5282931 | USD |
| CY2019 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
38351 | USD |
| CY2019 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
9001 | USD |
| CY2019 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
5706490 | USD |
| CY2019 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
233318 | USD |
| CY2019 | us-gaap |
Sublease Income
SubleaseIncome
|
663242 | USD |
| CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.11 | |
| CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.19 | |
| CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | |
| CY2019Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.10 | |
| CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.11 | |
| CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.19 | |
| CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | |
| CY2019Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.10 | |
| CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.95 | |
| CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
| CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.11 | |
| CY2018Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 |
