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Service Corporation International Announces Third Quarter 2009 Financial Results
Date:11/4/2009

ns, except average revenue per funeral service and average revenue per contract sold) Three Months Ended September 30, ------------- 2009 2008 Change ---- ---- ------ Comparable funeral revenue: Atneed revenue $207.8 $218.7 $(10.9) Recognized preneed revenue 98.5 102.0 (3.5) Other funeral revenue(1) 17.7 17.0 0.7 ---- ---- --- Total comparable funeral revenues $324.0 $337.7 $(13.7) Comparable gross profit $69.9 $59.9 $10.0 Comparable gross margin percentage 21.6% 17.7% Comparable funeral services performed: Preneed 20,723 20,946 (223) Atneed 38,543 41,172 (2,629) ------ ------ ------- Total 59,266 62,118 (2,852) Comparable average revenue per funeral service $5,168 $5,163 $5 Comparable preneed funeral production: Sales $122.7 $126.5 $(3.8) Total preneed funeral contracts sold 21,572 22,125 (553) Average revenue per contract sold $5,688 $5,718 $(30)

(1) Other funeral revenue consists primarily of General Agency (GA) revenues, which are commissions we receive from third-party insurance companies for life insurance policies or annuities sold to preneed customers for the purpose of funding preneed funeral arrangements.

  • Comparable funeral services performed decre
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SOURCE Service Corporation International
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