v3.25.2
Divested Operations
6 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Divested Operations DIVESTED OPERATIONS
During the three months ended June 30, 2025, we merged one funeral home with another business we own in an existing market. During the six months ended June 30, 2025, we sold two funeral homes and three cemeteries for an aggregate of $15.8 million and merged one funeral homes with another business we own in an existing market.
During the three months ended June 30, 2024, we merged one funeral home with another business we own in an existing market. During the six months ended June 30, 2024, we sold six funeral homes and one cemetery for an aggregate of $10.9 million and merged one funeral home with another business we own in an existing market.
The operating results of these divested funeral homes and cemeteries are reflected on our Consolidated Statements of Operations as shown in the table below (in thousands):
Three months ended June 30,Six months ended, June 30,
2025202420252024
Revenue$(3)$121 $1,650 $1,272 
Operating income42 33 518 151 
Income on divestitures(1)
(8)5,938 (1,509)
Income tax (expense) benefit(13)(8)(2,014)451 
Net gain (loss) from divested operations, after tax$30 $17 $4,442 $(907)
(1)
Net loss on divestitures is recorded in Net (gain) loss on divestitures, disposals, and impairment charges on our Consolidated Statements of Operations.