XML 21 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Direct premiums and escrow fees $ 2,252.1 $ 3,084.8 $ 3,598.4
Agent premiums 2,449.3 3,547.6 3,757.1
Information and other 938.5 1,148.5 1,214.9
Net investment income 570.0 340.1 214.8
Net investment (losses) gains (realized of $(80.9), $(85.4), $20.3) (206.4) (515.8) 435.6
Total revenues 6,003.5 7,605.2 9,220.8
Expenses:      
Personnel costs 1,989.1 2,339.6 2,350.3
Premiums retained by agents 1,952.2 2,829.7 2,986.6
Other operating expenses 1,067.0 1,272.3 1,322.9
Provision for policy losses and other claims 336.3 486.3 588.7
Depreciation and amortization 188.5 167.5 158.4
Premium taxes 63.5 91.1 100.2
Interest 132.5 93.0 72.4
Total expenses 5,729.1 7,279.5 7,579.5
Income before income taxes 274.4 325.7 1,641.3
Income taxes 58.9 60.4 392.2
Net income 215.5 265.3 1,249.1
Less: Net (loss) income attributable to noncontrolling interests (1.3) 2.3 8.0
Net income attributable to the Company $ 216.8 $ 263.0 $ 1,241.1
Net income per share attributable to the Company’s stockholders:      
Basic $ 2.08 $ 2.46 $ 11.18
Diluted 2.07 2.45 11.14
Cash dividends per share $ 2.1 $ 2.06 $ 1.94
Weighted-average common shares outstanding:      
Basic 104.3 107.0 111.0
Diluted 104.6 107.3 111.4