Service International(SCI) - 2023 Q2 - Earnings Call Presentation

Financial Performance Measures - The company uses adjusted EPS to compare operating results to prior and future periods[11, 20] - The company defines free cash flow as adjusted operating cash flow minus maintenance capital expenditures[3] - The company uses free cash flow to strengthen the balance sheet, repay debt, pay dividends, and repurchase common shares[3] - The company uses adjusted EBITDA to measure financial performance and evaluate the ability to service debt[23] Cash Flow Analysis (Six Months Ended June 30, 2023) - Net cash provided by operating activities excluding special items was $376.9 million[6] - Free cash flow was $216.6 million[6] - Cash flows from investing activities were $(211.1) million[6] - Cash flows from financing activities were $(181.6) million[6] 2023 Guidance - Adjusted EPS is expected to be between $3.40 and $3.60[7] - Net cash provided by operating activities excluding special items and cash taxes is expected to be between $920 million and $960 million[7] - Total maintenance, cemetery development, and other capital expenditures are expected to be between $290 million and $310 million[7]