Carriage Services, Inc. Reports Impairment of Goodwill and Other Intangibles for the First Quarter Ended March 31, 2021
April 21, 2021 at 04:47 pm EDT
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Carriage Services, Inc. reported impairment of goodwill and other intangibles for the first quarter ended March 31, 2021. For the period, the company's impairment of goodwill and other intangibles was $14,693,000.
Carriage Services, Inc. is a provider of funeral and cemetery services and merchandise in the United States. Its Funeral home and cemetery businesses provide products and services to families in three areas: ceremony and tribute, generally in the form of a funeral or memorial service; disposition of remains, either through burial or cremation, and memorialization, generally through monuments, markers or inscriptions. Its funeral homes offer a complete range of services to meet a family's funeral needs, consultation, the removal and preparation of remains, the sale of caskets and related funeral merchandise, the use of funeral home facilities for visitation and memorial services and transportation services. Its Cemeteries provides interment rights (primarily grave sites, lawn crypts, mausoleum spaces and niches), related cemetery merchandise (such as memorial markers, outer burial containers and monuments) and services (interments, inurnments and installation of cemetery merchandise).
CARRIAGE SERVICES, INC. 
