SERVICE CORP INTERNATIONAL

For the period ended Sep 30, 2024. Filed Oct 31, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 31, 2024

SCI$74.36+1.6%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Balance Sheet -

PART I

Condensed Consolidated Balance Sheet (Unaudited)

	September 30, 2024	December 31, 2023
(In thousands, except share amounts)
ASSETS
Current assets:
Cash and cash equivalents	$185,420	$221,557
Receivables, net of reserves of $4,022 and $4,382, respectively	80,955	97,939
Inventories	34,571	33,597
Income tax receivable	52,487	122,183
Other	35,661	23,010
Total current assets	389,094	498,286
Preneed receivables, net of reserves of $36,041 and $32,475, respectively, and trust investments	6,766,755	6,191,912
Cemetery property	2,113,801	2,020,846
Property and equipment, net	2,564,241	2,480,099
Goodwill	2,084,790	1,977,186
Deferred charges and other assets, net of reserves of $2,392 and $2,345, respectively	1,324,768	1,247,830
Cemetery perpetual care trust investments	2,162,902	1,939,241
Total assets	$17,406,351	$16,355,400
LIABILITIES & EQUITY
Current liabilities:
Accounts payable and accrued liabilities	$658,837	$685,759
Current maturities of long-term debt	84,349	63,341
Total current liabilities	743,186	749,100
Long-term debt	4,743,679	4,649,155
Deferred revenue, net	1,750,755	1,703,509
Deferred tax liability	655,486	638,106
Other liabilities	506,388	464,935
Deferred receipts held in trust	5,225,878	4,670,884
Care trusts’ corpus	2,153,178	1,938,238
Commitments and contingencies (Note 9)
Equity:
Common stock, $1 per share par value, 500,000,000 shares authorized, 149,741,975 and 148,297,042 shares issued, respectively, and 144,979,108 and 146,323,340 shares outstanding, respectively	144,979	146,323
Capital in excess of par value	972,511	937,596
Retained earnings	492,294	432,454
Accumulated other comprehensive income	17,391	24,891
Total common stockholders’ equity	1,627,175	1,541,264
Noncontrolling interests	626	209
Total equity	1,627,801	1,541,473
Total liabilities and equity	$17,406,351	$16,355,400

FORM 10-Q 7

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.