STONEMOR PARTNERS LP (STON) [Rocket]

In millions, except per share items	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	10-K/A	10-K/A	10-K	10-K	10-K	10-K/A	10-K	10-K
Revenues:
Cemetery	261.9	75.6			251.6	210.6	130.0	123.8
Funeral home	54.2	61.5			48.8	45.0	38.0	31.2
Cemeteries Southeast							91.7	80.5
Cemeteries Northeast							34.8	32.9
Other		201.1
Total revenues [+]	316.1	338.2	326.2	320.3	300.4	255.5	242.6	228.4
Products							129.6	120.9
Services							66.2	64.6
Net interest income								19.2
Revenue growth [+]	-6.5%	3.7%	1.8%	6.6%	17.6%	5.3%	6.2%	15.8%
Cemetery	246.5%				19.5%	62.0%	5.0%	14.9%
Funeral home	-11.9%				8.7%	18.3%	21.9%	22.0%
Cemeteries Southeast							13.9%
Cemeteries Northeast							5.8%
Cemeteries West							-15.7%
Cost of goods sold [+]	54.6	51.9	288.6	277.9	45.8	38.5	140.4	130.6
Cost of product sales							27.6	24.9
Cost of services							14.6	11.7
Gross profit	261.5	286.3	37.7	42.4	254.6	217.0	102.2	97.8
Gross margin	82.7%	84.7%	11.5%	13.2%	84.7%	84.9%	42.1%	42.8%
Selling, general and administrative [+]	105.6	105.2	105.0	97.0	90.9	79.7	75.8	74.8
Sales and marketing	62.5	66.1	67.3	59.6	55.7	47.8	46.9	45.3
General and administrative	43.1	39.1	37.7	37.5	35.2	31.9	28.9	29.5
Other operating expenses	188.0	271.0	-71.7	-67.5	137.1	110.9
EBITDA [+]	-32.2	-89.8	4.4	12.9	26.6	26.4	26.4	23.0
EBITDA growth	-64.2%	-2160.7%	-66.3%	-51.4%	0.6%	0.1%	14.9%	28.9%
EBITDA margin	-10.2%	-26.6%	1.3%	4.0%	8.8%	10.3%	10.9%	10.1%
Depreciation	9.9	11.0	10.6	10.6	9.0	7.5	9.4	8.5
EBITA	-42.1	-100.8	-6.2	2.3	17.6	18.9	17.0	14.4
EBITA margin	-13.3%	-29.8%	-1.9%	0.7%	5.9%	7.4%	7.0%	6.3%
Amortization of intangibles	1.8	2.2	2.3	2.2	2.1	2.0
EBIT [+]	-43.9	-103.0	-8.5	0.1	15.5	16.9	17.0	14.4
EBIT growth	-57.4%	1106.2%	-6824.4%	-99.2%	-8.1%	-0.6%	17.5%	60.8%
EBIT margin	-13.9%	-30.5%	-2.6%	0.0%	5.2%	6.6%	7.0%	6.3%
Non-recurring items [+]		-45.6			0.9	12.3	3.1	4.6
Asset impairment		-45.6
Legal settlement					0.9	12.3
Interest expense	30.6	27.3	24.5	22.6	21.6	21.1	20.5
Interest expense	30.6	27.3	24.5	22.6	21.6	21.1	20.5
Other income (expense), net [+]			4.1		-0.2	-6.6	1.9	-23.6
Gain (loss) on debt retirement			-1.2		-0.2	-21.6	1.7	4.0
Other non-operating gains/losses	-12.2	-1.8	-1.9	-0.3	-0.4	-6.6
Other	12.2	1.8	2.9		-0.4	-6.6
Pre-tax income	-74.5	-84.8	-28.9	-22.5	-7.2	-23.1	-4.8	-13.7
Income taxes	-1.8	-9.6	1.6	0.9	-2.6	3.5	-1.8	-4.0
Tax rate	2.4%	11.3%			35.5%		37.3%	29.3%
Net income	-71.9	-74.4	-32.5	-27.0	-11.9	-20.5	-3.0	-9.5
Net margin	-22.8%	-22.0%	-10.0%	-8.4%	-4.0%	-8.0%	-1.2%	-4.2%

Basic EPS [+]	($1.90)	($1.96)	($0.94)	($0.89)	($0.45)	($0.98)	($0.15)	($0.50)
Growth	-3.3%	108.7%	6.0%	96.9%	-54.1%	553.3%	-70.0%	400.0%
Diluted EPS [+]	($1.90)	($1.96)	($0.94)	($0.89)	($0.45)	($0.98)	($0.15)	($0.50)
Growth	-3.3%	108.7%	6.0%	96.9%	-54.1%	553.3%	-70.0%	400.0%

Dividends per share [+]		$0.65	$2.29	$2.54	$2.38	$2.49	$2.41	$2.34
Growth	-100.0%	-71.7%	-10.1%	6.8%	-4.2%	3.2%	2.9%	2.4%

Shares outstanding (basic) [+]	38.0	37.9	34.6	30.5	26.4	20.9	19.7	19.0
Growth	0.0%	9.7%	13.6%	15.5%	26.1%	6.3%	3.4%	34.3%
Shares outstanding (diluted) [+]	38.0	37.9	34.6	30.5	26.4	20.9	19.7	19.0
Growth	0.0%	9.7%	13.6%	15.5%	26.1%	6.3%	3.4%	34.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.