Skip to main content

CARRIAGE SERVICES INC

For the period ended Mar 31, 2024. Filed May 3, 2024.

View on SEC.gov

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.

Mar 31, 2024 · Filed May 3, 2024

CSV$26.80-5.0%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits

Cover page

Show cover page

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM10-Q

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2024

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________ to ____________

Commission File Number:1-11961

(Exact name of registrant as specified in its charter)

Delaware76-0423828
(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.)

3040 Post Oak Boulevard, Suite 300

Houston, Texas,77056

(Address of principal executive offices)

(713)332-8400

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered
Common Stock, par value $.01 per shareCSVNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Securities Exchange Act of 1934.

Large accelerated filer☐Accelerated filer☒
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No☒

The number of shares of the registrant’s Common Stock, $.01 par value per share, outstanding as of April 26, 2024 was 15,165,486.

INDEX

Page
PART I – FINANCIAL INFORMATION
Item 1. Financial Statements3
Unaudited Consolidated Balance Sheet as of December 31, 2023 and March 31, 20243
Unaudited Consolidated Statements of Operations for the Three Months ended March 31, 2023 and 20244
Unaudited Consolidated Statements of Cash Flows for the Three Months ended March 31, 2023 and 20245
Unaudited Consolidated Statements of Changes in Stockholders' Equity for the Three Months ended March 31, 2023 and 20246
Condensed Notes to Consolidated Financial Statements7
Cautionary Statement on Forward–Looking Statements31
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations33
Item 3. Quantitative and Qualitative Disclosures About Market Risk44
Item 4. Controls and Procedures45
PART II – OTHER INFORMATION
Item 1. Legal Proceedings46
Item 1A. Risk Factors46
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds46
Item 3. Defaults Upon Senior Securities46
Item 4. Mine Safety Disclosures46
Item 5. Other Information46
Item 6. Exhibits46
SIGNATURE47
INDEX OF EXHIBITS48
  • 2 -
ContentsView on SEC.gov

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