Risk Factors Update Summary
- Added risks related to the review of strategic alternatives process and potential transactions.
- Decrease in the number of shares awarded under the highest performance tier.
- Added risks related to unfavorable economic conditions and emerging public health threats.
- Increase in the percentage of funds for preneed funeral trust, preneed cemetery trust, and perpetual care trust.
- Added risks related to adverse developments in the financial services industry affecting liquidity.
- Increase in total debt from $585 million to $671 million as of December 31, 2023.
- Recorded impairment to tradenames for two funeral homes resulting in a $0.2 million charge.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1016281&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.