2021 Form 10-K Financial Statement
#000149315222008236 Filed on March 31, 2022
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | $480.6M | $481.8M |
| YoY Change | -0.25% | 70.19% |
| Cost Of Revenue | $3.704M | |
| YoY Change | ||
| Gross Profit | $476.9M | |
| YoY Change | ||
| Gross Profit Margin | 99.23% | |
| Selling, General & Admin | $118.3M | $100.5M |
| YoY Change | 17.72% | 27.38% |
| % of Gross Profit | 24.81% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $20.57M | $18.97M |
| YoY Change | 8.43% | 0.0% |
| % of Gross Profit | 4.31% | |
| Operating Expenses | $413.1M | $391.5M |
| YoY Change | 5.52% | 53.23% |
| Operating Profit | $63.78M | |
| YoY Change | ||
| Interest Expense | -$17.67M | -$18.50M |
| YoY Change | -4.49% | 35.04% |
| % of Operating Profit | -27.7% | |
| Other Income/Expense, Net | $53.07M | |
| YoY Change | ||
| Pretax Income | $51.80M | $71.50M |
| YoY Change | -27.55% | 414.39% |
| Income Tax | $12.28M | $15.90M |
| % Of Pretax Income | 23.71% | 22.24% |
| Net Earnings | $39.52M | $55.60M |
| YoY Change | -28.92% | 410.09% |
| Net Earnings / Revenue | 8.22% | 11.54% |
| Basic Earnings Per Share | $1.96 | $2.81 |
| Diluted Earnings Per Share | $1.89 | $2.74 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 20.15M shares | 19.79M shares |
| Diluted Shares Outstanding | 20.93M shares | 20.25M shares |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $131.4M | $106.2M |
| 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 | $34.00M | $24.10M |
| YoY Change | 41.08% | -6.95% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $926.8M | $635.4M |
| YoY Change | 45.85% | -4.39% |
| Other Assets | $16.94M | $16.20M |
| YoY Change | 4.56% | |
| Total Long-Term Assets | ||
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | ||
| Total Long-Term Assets | ||
| Total Assets | $1.548B | $1.549B |
| YoY Change | -0.08% | 16.07% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $10.17M | $8.900M |
| YoY Change | 14.23% | |
| Accrued Expenses | $12.94M | $11.90M |
| YoY Change | 8.74% | 4.39% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $164.7M | $284.3M |
| YoY Change | -42.05% | 47.31% |
| Total Short-Term Liabilities | $218.9M | $330.4M |
| YoY Change | -33.75% | 44.85% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $86.54M | $13.60M |
| YoY Change | 536.32% | -44.72% |
| Other Long-Term Liabilities | $61.55M | $79.80M |
| YoY Change | -22.87% | 84.72% |
| Total Long-Term Liabilities | $148.1M | $93.40M |
| YoY Change | 58.56% | 37.76% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $218.9M | $330.4M |
| Total Long-Term Liabilities | $148.1M | $93.40M |
| Total Liabilities | $1.248B | $1.285B |
| YoY Change | -2.89% | 12.95% |
| 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 | $299.8M | $264.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.548B | $1.549B |
| YoY Change | -0.08% | 16.07% |
Cashflow Statement
| Concept | 2021 | 2020 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $39.52M | $55.60M |
| YoY Change | -28.92% | 410.09% |
| Depreciation, Depletion And Amortization | $20.57M | $18.97M |
| YoY Change | 8.43% | 0.0% |
| Cash From Operating Activities | $144.6M | -$129.6M |
| YoY Change | -211.58% | 71.47% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$5.220M | -$1.630M |
| YoY Change | 220.24% | -11.41% |
| Acquisitions | $12.63M | |
| YoY Change | ||
| Other Investing Activities | -$58.39M | $37.78M |
| YoY Change | -254.56% | -5.41% |
| Cash From Investing Activities | -$63.61M | $36.14M |
| YoY Change | -276.02% | -5.14% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -55.08M | 71.21M |
| YoY Change | -177.34% | 193.05% |
| NET CHANGE | ||
| Cash From Operating Activities | 144.6M | -129.6M |
| Cash From Investing Activities | -63.61M | 36.14M |
| Cash From Financing Activities | -55.08M | 71.21M |
| Net Change In Cash | 25.95M | -22.28M |
| YoY Change | -216.47% | 68.79% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $144.6M | -$129.6M |
| Capital Expenditures | -$5.220M | -$1.630M |
| Free Cash Flow | $149.9M | -$128.0M |
| YoY Change | -217.08% | 73.54% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
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Goodwill Impaired Accumulated Impairment Loss
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Mortgage Servicing Rights Write Down Other Than Temporary Impairment
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Valuation Allowance Impairment Of Mortgage Servicing Rights
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Derivatives Interest Rate Lock Commitments
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12592672 | USD |
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Derivatives Bank Loan Interest Rate Swaps Call Options
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Derivatives Bank Loan Interest Rate Swaps Interest Rate Lock Commitments
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Unrealized Gains On Restricted Assets
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26694 | USD |
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Increase Dececrease In Unrealized Gains On Restricted Assets
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30956 | USD |
| CY2020Q4 | SNFCA |
Unrealized Gains On Restricted Assets
UnrealizedGainsOnRestrictedAssets
|
57650 | USD |
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Unrealized Gains On Cemetery Perpetual Care Trust Investments1
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|
22455 | USD |
| CY2020 | SNFCA |
Increase Dececrease In Unrealized Gains On Cemetery Perpetual Care Trust Investments
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|
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| CY2020Q4 | SNFCA |
Unrealized Gains On Cemetery Perpetual Care Trust Investments1
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|
14851880 | USD |
| CY2020 | us-gaap |
Amortization Of Mortgage Servicing Rights Ms Rs
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|
11841478 | USD |
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Trade Contract Receivables
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Trade Contract Receivables
TradeContractReceivables
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Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
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Trade Contract Receivables
TradeContractReceivables
|
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Trade Contract Receivables
TradeContractReceivables
|
4119988 | USD |
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Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
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Finance Lease Interest Expense
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|
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Finance Lease Interest Expense
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Operating Lease Cost
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|
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Short Term Lease Cost
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|
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| CY2020 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
222311 | USD |
| CY2021 | us-gaap |
Sublease Income
SubleaseIncome
|
275038 | USD |
| CY2020 | us-gaap |
Sublease Income
SubleaseIncome
|
394758 | USD |
