Service Corporation International provides deathcare products and services, with a network of funeral service locations and cemeteries operating in the United States and Canada. As of December 31, 2015, the company operated 1,535 funeral service locations and 469 cemeteries (including 262 funeral service/cemetery combination locations), which are geographically diversified across 45 states, 8 Canadian provinces, the District of Columbia, and Puerto Rico. The company is known for its Dignity Memorial brand, North America's first transcontinental brand of deathcare products and services. The company’s other brands are Dignity Planning, National Cremation Society, Advantage Funeral and Cremation Services, Funeraria del Angel, Making Everlasting Memories, Neptune Society, and Trident Society. The company’s funeral service and cemetery operations consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and related businesses, which enable the company to serve a range of customer needs. The company sells cemetery property and funeral and cemetery merchandise and services at the time of need and on a preneed basis. Funeral and Cemetery Operations The company’s combination operations include Rose Hills, the primary combination operation in the United States, performing approximately 4,800 funeral services and 7,900 cemetery interments per year. Funeral service locations provide all professional services related to funerals and cremations, including the use of funeral home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, cremations, memorialization, and catering. Funeral merchandise, including burial caskets and related accessories, urns and other cremation receptacles, outer burial containers, flowers, online and video tributes, stationery products, casket and cremation memorialization products, and other ancillary merchandise, is sold at funeral service locations. The company’s cemeteries provide cemetery property interment rights, including developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options. Cemetery merchandise and services, including memorial markers and bases, outer burial containers, flowers and floral placement, other ancillary merchandise, graveside services, merchandise installation, and burial openings and closings, are sold at the company’s cemeteries. The company also sells preneed cemetery property interment rights and funeral and cemetery merchandise and services whereby a customer contractually agrees to the terms of certain products and services to be delivered and performed in the future. In 2015, the company’s operations in the United States and Canada were organized into 31 major markets, 38 metro markets, and 53 main street markets. Strategies for Growth The company has various core strategies designed to improve the company and shareholder value, such as remaining relevant to the customer; improving its preneed sales; managing its footprint; leveraging its unparalleled scale by developing its sales organization, optimizing its network, and using its scale with its preneed trust and insurance backlog; investing in acquisitions and building new funeral homes; and repurchasing shares and debt. Regulation The company’s funeral operations are regulated by the Federal Trade Commission (the ‘FTC’) under the FTC’s Trade Regulation Rule on Funeral Industry Practices, which went into effect in 1984. History Service Corporation International was founded in 1962. The company was incorporated in Texas in 1962.
service corp international
1929 Allen Parkway
Houston, TX 77019
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