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Segment Information (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of Selected Financial Information

 


Selected financial information about the Company’s operations, by segment, is as follows:

For the three months ended June 30, 2018:

 

(in thousands)

 

Revenues

 

 

Income (loss)

before

income taxes

 

 

Depreciation

and

amortization

 

 

Capital

expenditures

 

Title Insurance and Services

 

$

1,369,040

 

 

$

209,642

 

 

$

29,343

 

 

$

34,884

 

Specialty Insurance

 

 

120,188

 

 

 

10,121

 

 

 

1,677

 

 

 

5,047

 

Corporate

 

 

2,208

 

 

 

(17,795

)

 

 

38

 

 

 

 

Eliminations

 

 

(279

)

 

 

 

 

 

 

 

 

 

 

 

$

1,491,157

 

 

$

201,968

 

 

$

31,058

 

 

$

39,931

 

 

(in thousands)

 

Direct

premiums

and escrow

fees

 

 

Agent

premiums

 

 

Information

and other

 

 

Net

investment

income

 

 

Net realized

investment

gains (losses)

 

 

Total

Revenues

 

Title Insurance and Services

 

$

548,616

 

 

$

559,004

 

 

$

206,095

 

 

$

51,737

 

 

$

3,588

 

 

$

1,369,040

 

Specialty Insurance

 

 

112,966

 

 

 

 

 

 

2,924

 

 

 

2,401

 

 

 

1,897

 

 

 

120,188

 

 

 

$

661,582

 

 

$

559,004

 

 

$

209,019

 

 

$

54,138

 

 

$

5,485

 

 

$

1,489,228

 

For the three months ended June 30, 2017:

 

(in thousands)

 

Revenues

 

 

Income (loss)

before

income taxes

 

 

Depreciation

and

amortization

 

 

Capital

expenditures

 

Title Insurance and Services

 

$

1,336,910

 

 

$

197,305

 

 

$

28,557

 

 

$

35,916

 

Specialty Insurance

 

 

115,162

 

 

 

9,560

 

 

 

1,547

 

 

 

2,609

 

Corporate

 

 

2,646

 

 

 

(22,711

)

 

 

41

 

 

 

 

Eliminations

 

 

(289

)

 

 

 

 

 

 

 

 

 

 

 

$

1,454,429

 

 

$

184,154

 

 

$

30,145

 

 

$

38,525

 

 

(in thousands)

 

Direct

premiums

and escrow

fees

 

 

Agent

premiums

 

 

Information

and other

 

 

Net

investment

income

 

 

Net realized

investment

gains (losses)

 

 

Total

Revenues

 

Title Insurance and Services

 

$

532,236

  

  

$

554,028

  

  

$

199,243

  

  

$

34,665

  

  

$

16,738

  

  

$

1,336,910

 

Specialty Insurance

 

 

108,844

 

 

 

 

 

 

2,874

 

 

 

2,321

 

 

 

1,123

 

 

 

115,162

 

 

 

$

641,080

 

 

$

554,028

 

 

$

202,117

 

 

$

36,986

 

 

$

17,861

 

 

$

1,452,072

 

 

For the six months ended June 30, 2018:

 

(in thousands)

 

Revenues

 

 

Income (loss)

before

income taxes

 

 

Depreciation

and

amortization

 

 

Capital

expenditures

 

Title Insurance and Services

 

$

2,554,505

 

 

$

312,023

 

 

$

57,460

 

 

$

55,955

 

Specialty Insurance

 

 

233,572

 

 

 

20,021

 

 

 

3,269

 

 

 

7,577

 

Corporate

 

 

1,027

 

 

 

(37,011

)

 

 

76

 

 

 

 

Eliminations

 

 

(559

)

 

 

 

 

 

 

 

 

 

 

 

$

2,788,545

 

 

$

295,033

 

 

$

60,805

 

 

$

63,532

 

 

(in thousands)

 

Direct

premiums

and escrow

fees

 

 

Agent

premiums

 

 

Information

and other

 

 

Net

investment

income

 

 

Net realized

investment

gains (losses)

 

 

Total

Revenues

 

Title Insurance and Services

 

$

982,768

  

  

$

1,086,718

  

  

$

392,116

  

  

$

93,137

  

  

$

(234

)

 

$

2,554,505

 

Specialty Insurance

 

 

222,692

 

 

 

 

 

 

5,826

 

 

 

4,989

 

 

 

65

 

  

 

233,572

 

 

 

$

1,205,460

 

 

$

1,086,718

 

 

$

397,942

 

 

$

98,126

 

 

$

(169

)

 

$

2,788,077

 

 

For the six months ended June 30, 2017:

 

(in thousands)

 

Revenues

 

 

Income (loss)

before

income taxes

 

 

Depreciation

and

amortization

 

 

Capital

expenditures

 

Title Insurance and Services

 

$

2,539,857

 

 

$

295,548

 

 

$

57,108

 

 

$

66,309

 

Specialty Insurance

 

 

225,427

 

 

 

19,601

 

 

 

3,098

 

 

 

3,782

 

Corporate

 

 

6,764

 

 

 

(47,115

)

 

 

86

 

 

 

 

Eliminations

 

 

(576

)

 

 

 

 

 

 

 

 

 

 

 

$

2,771,472

 

 

$

268,034

 

 

$

60,292

 

 

$

70,091

 

 

(in thousands)

 

Direct

premiums

and escrow

fees

 

 

Agent

premiums

 

 

Information

and other

 

 

Net

investment

income

 

 

Net realized

investment

gains (losses)

 

 

Total

Revenues

 

Title Insurance and Services

 

$

954,195

  

  

$

1,128,610

  

  

$

379,278

  

  

$

61,280

  

  

$

16,494

  

  

$

2,539,857

 

Specialty Insurance

 

 

213,894

 

 

 

 

 

 

5,613

 

 

 

4,650

 

 

 

1,270

 

 

 

225,427

 

 

 

$

1,168,089

 

 

$

1,128,610

 

 

$

384,891

 

 

$

65,930

 

 

$

17,764

 

 

$

2,765,284