SEC Info - Stonemor Partners LP - ‘10-Q’ for 9/30/14

Stonemor Partners LP – ‘10-Q’ for 9/30/14 – ‘R33’

On: Friday, 11/7/14, at 12:07pm ET · For: 9/30/14 · Accession #: 1193125-14-402745 · File #: 1-32270

As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 11/07/14 Stonemor Partners LP 10-Q 9/30/14 89:11M Donnelley … Solutions/FA

Document/Exhibit Description Pages Size 1: 10-Q Quarterly Report HTML 851K 2: EX-4.1 Instrument Defining the Rights of Security Holders HTML 51K 3: EX-31.1 Certification -- §302 - SOA'02 HTML 30K 4: EX-31.2 Certification -- §302 - SOA'02 HTML 30K 5: EX-32.1 Certification -- §906 - SOA'02 HTML 27K 6: EX-32.2 Certification -- §906 - SOA'02 HTML 27K 61: R1 Document and Entity Information HTML 47K 47: R2 Condensed Consolidated Balance Sheet HTML 132K 58: R3 Condensed Consolidated Balance Sheet HTML 27K (Parenthetical) 63: R4 Condensed Consolidated Statement of Operations HTML 114K 82: R5 Condensed Consolidated Statement of Operations HTML 27K (Parenthetical) 49: R6 Condensed Consolidated Statement of Partners' HTML 43K Capital (Deficit) 57: R7 Condensed Consolidated Statement of Cash Flows HTML 154K 42: R8 Nature of Operations, Basis of Presentation and HTML 38K Summary of Significant Accounting Policies 32: R9 Long-Term Accounts Receivable, Net of Allowance HTML 40K 83: R10 Cemetery Property HTML 31K 65: R11 Property and Equipment HTML 34K 64: R12 Merchandise Trusts HTML 124K 70: R13 Perpetual Care Trusts HTML 109K 71: R14 Goodwill and Intangible Assets HTML 51K 68: R15 Long-Term Debt HTML 45K 72: R16 Income Taxes HTML 34K 59: R17 Deferred Cemetery Revenues, Net HTML 34K 62: R18 Commitments and Contingencies HTML 34K 67: R19 Partners' Capital HTML 44K 89: R20 Acquisitions HTML 108K 78: R21 Segment Information HTML 183K 53: R22 Fair Value Measurements HTML 95K 66: R23 Nature of Operations, Basis of Presentation and HTML 47K Summary of Significant Accounting Policies (Policies) 55: R24 Long-Term Accounts Receivable, Net of Allowance HTML 39K (Tables) 24: R25 Property and Equipment (Tables) HTML 38K 79: R26 Merchandise Trusts (Tables) HTML 196K 86: R27 Goodwill and Intangible Assets (Tables) HTML 48K 37: R28 Long-Term Debt (Tables) HTML 38K 36: R29 Deferred Cemetery Revenues, Net (Tables) HTML 33K 40: R30 Commitments and Contingencies (Tables) HTML 30K 41: R31 Partners' Capital (Tables) HTML 33K 43: R32 Acquisitions (Tables) HTML 95K 20: R33 Segment Information (Tables) HTML 174K 76: R34 Fair Value Measurements (Tables) HTML 88K 51: R35 Nature of Operations Basis of Presentation and HTML 36K Summary of Significant Accounting Policies - Additional Information (Detail) 54: R36 Long-Term Accounts Receivable Net (Detail) HTML 43K 27: R37 Activity in Allowance for Contract Cancellations HTML 36K (Detail) 88: R38 Cemetery Property (Detail) HTML 31K 13: R39 Major Classes of Property and Equipment (Detail) HTML 40K 44: R40 Property and Equipment - Additional Information HTML 28K (Detail) 81: R41 Merchandise Trusts - Additional Information HTML 61K (Detail) 26: R42 Cost and Market Value Associated with Assets Held HTML 60K in Merchandise Trusts (Detail) 35: R43 Contractual Maturities of Debt Securities Held in HTML 43K Merchandise Trusts (Detail) 39: R44 Aging of Unrealized Losses on Investments in Fixed HTML 70K Maturities and Equity Securities Held in Merchandise Trusts (Detail) 48: R45 Reconciliation of Merchandise Trust Activities HTML 46K (Detail) 19: R46 Cost and Market Value Associated with Assets Held HTML 56K in Perpetual Care Trusts (Detail) 31: R47 Contractual Maturities of Debt Securities Held in HTML 44K Perpetual Care Trusts (Detail) 15: R48 Aging of Unrealized Losses on Investments in Fixed HTML 63K Maturities and Equity Securities Held in Perpetual Care Trusts (Detail) 80: R49 Perpetual Care Trusts - Additional Information HTML 54K (Detail) 25: R50 Reconciliation of Perpetual Care Trust Activities HTML 46K (Detail) 77: R51 Goodwill by Reportable Segment (Detail) HTML 33K 28: R52 Major Classes of Intangible Assets (Detail) HTML 39K 45: R53 Goodwill and Intangible Assets - Additional HTML 32K Information (Detail) 14: R54 Outstanding Debt (Detail) HTML 42K 18: R55 Outstanding Debt (Parenthetical) (Detail) HTML 33K 38: R56 Long Term Debt - Additional Information (Detail) HTML 102K 22: R57 Income Taxes - Additional Information (Detail) HTML 32K 84: R58 Deferred Cemetery Revenues Net (Detail) HTML 38K 50: R59 Commitments and Contingencies - Additional HTML 32K Information (Detail) 69: R60 Operating Leases Future Payments (Detail) HTML 46K 30: R61 Compensation Expense Recognized Related to Unit HTML 31K Appreciation Rights and Restricted Phantom Unit Awards (Detail) 33: R62 Partners' Capital - Additional Information HTML 62K (Detail) 75: R63 Acquisitions - Additional Information (Detail) HTML 133K 73: R64 Preliminary Assessment of Fair Value of Net Assets HTML 58K Acquired and Resulting Gain on Bargain Purchase of First Quarter Twenty Fourteen (Detail) 52: R65 Preliminary Assessment of Fair Value of Net Assets HTML 56K Acquired and Resulting Goodwill of Second Quarter Twenty Fourteen (Detail) 74: R66 Fixed Rent for Cemeteries (Detail) HTML 41K 29: R67 Assets and Liabilities Recognized (Detail) HTML 45K 56: R68 Revised Assessment of Fair Value of Net Assets HTML 78K Acquired of First Quarter Twenty Thirteen Acquisition (Detail) 85: R69 Final Assessment of Fair Value of Net Assets HTML 57K Acquired and Resulting Gain on Bargain Purchase of Third Quarter Twenty Thirteen Acquisition (Detail) 17: R70 Consolidated Pro Forma Information (Detail) HTML 33K 23: R71 Segment Information - Additional Information HTML 30K (Detail) 46: R72 Segment Information (Detail) HTML 127K 21: R73 Assets and Liabilities Measured at Fair Value HTML 96K (Detail) 87: XML IDEA XML File -- Filing Summary XML 138K 16: EXCEL IDEA Workbook of Financial Reports XLSX 304K 34: EXCEL IDEA Workbook of Financial Reports (.xls) XLS 1.77M 7: EX-101.INS XBRL Instance -- ston-20140930 XML 3.27M 9: EX-101.CAL XBRL Calculations -- ston-20140930_cal XML 254K 10: EX-101.DEF XBRL Definitions -- ston-20140930_def XML 1.39M 11: EX-101.LAB XBRL Labels -- ston-20140930_lab XML 1.42M 12: EX-101.PRE XBRL Presentations -- ston-20140930_pre XML 1.55M 8: EX-101.SCH XBRL Schema -- ston-20140930 XSD 234K 60: ZIP XBRL Zipped Folder -- 0001193125-14-402745-xbrl Zip 227K

Segment information is as follows:

As of and for the three months ended September 30, 2014:


	Cemeteries						Funeral
	Southeast		Northeast		West		Homes		Corporate			Adjustment			Total
	(in thousands)
Revenues
Sales	$	22,653	$	13,228	$	11,512	$	—	$	—		$	(4,719	)	$	42,674
Service and other		10,097		11,040		8,633		—		—			(6,509	)		23,261
Funeral home		—		—		—		14,457		—			(2,218	)		12,239

Total revenues		32,750		24,268		20,145		14,457		—			(13,446	)		78,174

Costs and expenses
Cost of sales		4,828		2,555		2,167		—		—			(488	)		9,062
Cemetery		7,533		6,576		3,967		—		—			—			18,076
Selling		8,173		4,572		4,001		—		631			(883	)		16,494
General and administrative		4,343		2,132		3,333		—		—			—			9,808
Corporate overhead		—		—		—		—		8,392			—			8,392
Depreciation and amortization		800		670		539		867		236			—			3,112
Funeral home		—		—		—		10,674		—			(315	)		10,359
Acquisition related costs, net of recoveries		—		—		—		—		451			—			451

Total costs and expenses		25,677		16,505		14,007		11,541		9,710			(1,686	)		75,754

Operating profit	$	7,073	$	7,763	$	6,138	$	2,916	$	(9,710	)	$	(11,760	)	$	2,420

Total assets	$	634,012	$	422,601	$	448,732	$	163,181	$	40,677		$	—		$	1,709,203
Amortization of cemetery property	$	1,035	$	341	$	435	$	—	$	—		$	168		$	1,979
Long lived asset additions	$	1,950	$	1,205	$	906	$	203	$	183		$	—		$	4,447
Goodwill	$	9,817	$	2,903	$	11,948	$	32,460	$	—		$	—		$	57,128

As of and for the nine months ended September 30, 2014:


	Cemeteries						Funeral
	Southeast		Northeast		West		Homes		Corporate			Adjustment			Total
	(in thousands)
Revenues
Sales	$	69,319	$	31,583	$	35,211	$	—	$	—		$	(26,605	)	$	109,508
Service and other		31,085		29,529		26,768		—		—			(18,260	)		69,122
Funeral home		—		—		—		40,777		—			(5,313	)		35,464

Total revenues		100,404		61,112		61,979		40,777		—			(50,178	)		214,094

Costs and expenses
Cost of sales		15,045		6,576		7,686		—		—			(4,091	)		25,216
Cemetery		21,057		14,499		11,990		—		—			—			47,546
Selling		24,019		11,443		11,462		—		1,480			(5,860	)		42,544
General and administrative		13,053		5,533		7,747		—		—			—			26,333
Corporate overhead		—		—		—		—		22,394			—			22,394
Depreciation and amortization		2,094		1,244		1,593		2,346		716			—			7,993
Funeral home		—		—		—		29,813		—			(732	)		29,081
Acquisition related costs, net of recoveries		—		—		—		—		2,040			—			2,040

Total costs and expenses		75,268		39,295		40,478		32,159		26,630			(10,683	)		203,147

Operating profit	$	25,136	$	21,817	$	21,501	$	8,618	$	(26,630	)	$	(39,495	)	$	10,947

Total assets	$	634,012	$	422,601	$	448,732	$	163,181	$	40,677		$	—		$	1,709,203
Amortization of cemetery property	$	3,499	$	1,762	$	2,237	$	—	$	—		$	(414	)	$	7,084
Long lived asset additions	$	28,470	$	72,515	$	3,350	$	9,024	$	443		$	—		$	113,802
Goodwill	$	9,817	$	2,903	$	11,948	$	32,460	$	—		$	—		$	57,128

As of and for the three months ended September 30, 2013:


	Cemeteries						Funeral
	Southeast		Northeast		West		Homes		Corporate			Adjustment			Total
	(in thousands)
Revenues
Sales	$	24,304	$	8,963	$	10,440	$	—	$	—		$	(11,230	)	$	32,477
Service and other		9,200		7,078		8,494		—		—			(6,083	)		18,689
Funeral home		—		—		—		12,094		—			(1,721	)		10,373

Total revenues		33,504		16,041		18,934		12,094		—			(19,034	)		61,539

Costs and expenses
Cost of sales		4,929		1,811		2,202		—		—			(1,840	)		7,102
Cemetery		6,787		3,691		4,029		—		—			—			14,507
Selling		7,769		3,081		3,367		—		—			(2,525	)		11,692
General and administrative		4,064		1,582		2,256		—		—			—			7,902
Corporate overhead		—		—		—		—		7,997			—			7,997
Depreciation and amortization		575		224		548		859		172			—			2,378
Funeral home		—		—		—		9,161		—			(180	)		8,981
Acquisition related costs, net of recoveries		—		—		—		—		243			—			243

Total costs and expenses		24,124		10,389		12,402		10,020		8,412			(4,545	)		60,802

Operating profit	$	9,380	$	5,652	$	6,532	$	2,074	$	(8,412	)	$	(14,489	)	$	737

Total assets	$	557,308	$	306,577	$	418,119	$	132,928	$	35,061		$	—		$	1,449,993
Amortization of cemetery property	$	1,152	$	585	$	305	$	—	$	—		$	(132	)	$	1,910
Long lived asset additions	$	6,287	$	451	$	1,477	$	362	$	15		$	—		$	8,592
Goodwill	$	6,174	$	—	$	11,948	$	30,615	$	—		$	—		$	48,737

As of and for the nine months ended September 30, 2013:


	Cemeteries						Funeral
	Southeast		Northeast		West		Homes		Corporate			Adjustment			Total
	(in thousands)
Revenues
Sales	$	70,941	$	27,664	$	32,483	$	—	$	—		$	(36,332	)	$	94,756
Service and other		28,779		19,382		24,238		—		—			(16,049	)		56,350
Funeral home		—		—		—		36,904		—			(4,437	)		32,467

Total revenues		99,720		47,046		56,721		36,904		—			(56,818	)		183,573

Costs and expenses
Cost of sales		14,704		6,336		5,801		—		—			(5,737	)		21,104
Cemetery		19,746		10,809		12,145		—		—			—			42,700
Selling		22,913		9,675		10,128		—		833			(8,415	)		35,134
General and administrative		12,266		4,774		6,342		—		—			—			23,382
Corporate overhead		—		—		—		—		21,657			—			21,657
Depreciation and amortization		1,688		679		1,613		2,268		911			—			7,159
Funeral home		—		—		—		27,582		—			(501	)		27,081
Acquisition related costs, net of recoveries		—		—		—		—		901			—			901

Total costs and expenses		71,317		32,273		36,029		29,850		24,302			(14,653	)		179,118

Operating profit	$	28,403	$	14,773	$	20,692	$	7,054	$	(24,302	)	$	(42,165	)	$	4,455

Total assets	$	557,308	$	306,577	$	418,119	$	132,928	$	35,061		$	—		$	1,449,993
Amortization of cemetery property	$	3,182	$	1,943	$	866	$	—	$	—		$	(470	)	$	5,521
Long lived asset additions	$	8,613	$	1,710	$	2,735	$	9,287	$	763		$	—		$	23,108
Goodwill	$	6,174	$	—	$	11,948	$	30,615	$	—		$	—		$	48,737

This ‘10-Q’ Filing

Date

Other Filings

Filed on:

11/7/14

8-K

For Period end:

9/30/14

9/30/13

10-Q

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Stonemor Partners LP – ‘10-Q’ for 9/30/14 – ‘R33’

On: Friday, 11/7/14, at 12:07pm ET · For: 9/30/14 · Accession #: 1193125-14-402745 · File #: 1-32270

Previous ‘10-Q’: ‘10-Q’ on 8/8/14 for 6/30/14 · Next: ‘10-Q’ on 5/8/15 for 3/31/15 · Latest: ‘10-Q’ on 11/8/19 for 9/30/19

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

‘R33’ — Segment Information (Tables)

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Stonemor Partners LP – ‘10-Q’ for 9/30/14 – ‘R33’

On: Friday, 11/7/14, at 12:07pm ET · For: 9/30/14 · Accession #: 1193125-14-402745 · File #: 1-32270

Previous ‘10-Q’: ‘10-Q’ on 8/8/14 for 6/30/14 · Next: ‘10-Q’ on 5/8/15 for 3/31/15 · Latest: ‘10-Q’ on 11/8/19 for 9/30/19

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘R33’ — Segment Information (Tables)

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents