Carriage Services Inc. Enters Material Agreement, Reports Financials
Ticker: CSV · Form: 8-K · Filed: Aug 1, 2024 · CIK: 1016281
| Field | Detail |
|---|---|
| Company | Carriage Services Inc (CSV) |
| Form Type | 8-K |
| Filed Date | Aug 1, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $151.0 million, $96.4 million, $2.6 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, financial-condition
Related Tickers: CSV
TL;DR
Carriage Services Inc. just signed a big deal and updated its financials. Watch this space.
AI Summary
On July 31, 2024, Carriage Services, Inc. entered into a material definitive agreement related to its financial obligations. The company also reported its results of operations and financial condition as of the same date. This filing indicates a new financial obligation for the registrant.
Why It Matters
This filing signals a significant financial event for Carriage Services, Inc., potentially impacting its debt structure and operational capacity.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and reporting financial condition can introduce new financial risks or opportunities.
Key Players & Entities
- Carriage Services, Inc. (company) — Registrant
- July 31, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Carriage Services, Inc. enter into?
The filing indicates the entry into a material definitive agreement related to financial obligations, but the specific details of the agreement are not provided in this excerpt.
What is the significance of the 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' item?
This item signifies that Carriage Services, Inc. has incurred a new direct financial obligation or an obligation under an off-balance sheet arrangement.
What is the fiscal year end for Carriage Services, Inc.?
The fiscal year end for Carriage Services, Inc. is December 31.
Where is the principal executive office of Carriage Services, Inc. located?
The principal executive offices are located at 3040 Post Oak Boulevard, Suite 300, Houston, Texas 77056.
What is the SEC file number for Carriage Services, Inc.?
The SEC file number for Carriage Services, Inc. is 001-11961.
Filing Stats: 1,205 words · 5 min read · ~4 pages · Grade level 10.8 · Accepted 2024-07-31 18:12:02
Key Financial Figures
- $151.0 million — Company had borrowings of approximately $151.0 million in principal amount outstanding and had
- $96.4 million — mount outstanding and had approximately $96.4 million available for additional borrowing unde
- $2.6 million — nt after giving effect to approximately $2.6 million of outstanding letters of credit. The
Filing Documents
- d872733d8k.htm (8-K) — 34KB
- d872733dex101.htm (EX-10.1) — 920KB
- d872733dex991.htm (EX-99.1) — 337KB
- g872733dsp184.jpg (GRAPHIC) — 12KB
- 0001193125-24-190142.txt ( ) — 1682KB
- csv-20240731.xsd (EX-101.SCH) — 3KB
- csv-20240731_lab.xml (EX-101.LAB) — 18KB
- csv-20240731_pre.xml (EX-101.PRE) — 11KB
- d872733d8k_htm.xml (XML) — 4KB
FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS AND EXHIBITS. Exhibit Description 10.1 Fourth Amendment to First Amended and Restated Credit Agreement dated as of July 31, 2024, among Carriage Services, Inc., the guarantors party thereto, the financial institutions party thereto, as lenders, and Bank of America, N.A., as administrative agent, swing line lender and L/C issuer. 99.1 Press Release dated July 31, 2024. 101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document 104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, Carriage Services, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CARRIAGE SERVICES, INC. Dated: July 31, 2024 By: /s/ Steven D. Metzger Steven D. Metzger President and Secretary