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Segment Financial Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Selected Financial Information

Selected financial information about the Company’s operations, by segment, for the years ended December 31, 2019, 2018 and 2017, is as follows:

 

Revenues

 

 

Depreciation
and
amortization

 

 

Equity in
earnings of

affiliates, net

 

 

Income (loss)
before
income taxes

 

 

Assets

 

 

Investments
in equity

method

affiliates

 

 

Capital
expenditures

 

 

(in thousands)

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

5,675,952

 

 

$

121,643

 

 

$

2,836

 

 

$

912,213

 

 

$

10,349,145

 

 

$

51,928

 

 

$

100,826

 

Specialty Insurance

 

505,890

 

 

 

7,225

 

 

 

 

 

 

66,576

 

 

 

639,763

 

 

 

 

 

 

9,676

 

Corporate

 

21,896

 

 

 

153

 

 

 

 

 

 

(73,771

)

 

 

575,051

 

 

 

 

 

 

 

Eliminations

 

(1,677

)

 

 

 

 

 

 

 

 

 

 

 

(44,792

)

 

 

 

 

 

 

 

$

6,202,061

 

 

$

129,021

 

 

$

2,836

 

 

$

905,018

 

 

$

11,519,167

 

 

$

51,928

 

 

$

110,502

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

5,282,781

 

 

$

119,053

 

 

$

2,717

 

 

$

655,003

 

 

$

9,613,658

 

 

$

54,674

 

 

$

112,726

 

Specialty Insurance

 

469,342

 

 

 

6,721

 

 

 

 

 

 

26,999

 

 

 

600,268

 

 

 

 

 

 

12,791

 

Corporate

 

(3,115

)

 

 

153

 

 

 

 

 

 

(72,464

)

 

 

431,222

 

 

 

 

 

 

 

Eliminations

 

(1,164

)

 

 

 

 

 

 

 

 

 

 

 

(14,513

)

 

 

 

 

 

 

 

$

5,747,844

 

 

$

125,927

 

 

$

2,717

 

 

$

609,538

 

 

$

10,630,635

 

 

$

54,674

 

 

$

125,517

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

5,293,156

 

 

$

121,540

 

 

$

3,785

 

 

$

642,364

 

 

$

8,669,936

 

 

$

56,583

 

 

$

128,751

 

Specialty Insurance

 

465,020

 

 

 

6,351

 

 

 

 

 

 

36,908

 

 

 

592,405

 

 

 

 

 

 

7,913

 

Corporate

 

15,326

 

 

 

162

 

 

 

 

 

 

(233,941

)

 

 

429,128

 

 

 

 

 

 

 

Eliminations

 

(1,139

)

 

 

 

 

 

 

 

 

 

 

 

(118,247

)

 

 

 

 

 

 

 

$

5,772,363

 

 

$

128,053

 

 

$

3,785

 

 

$

445,331

 

 

$

9,573,222

 

 

$

56,583

 

 

$

136,664

 

 

 

Direct

premiums

and escrow

fees

 

 

Agent

premiums

 

 

Information

and other

 

 

Net

investment

income

 

 

Net realized

investment

gains (losses)

 

 

Total

Revenues

 

2019

(in thousands)

 

Title Insurance and Services

$

2,188,056

 

 

$

2,373,140

 

 

$

776,124

 

 

$

282,910

 

 

$

55,722

 

 

$

5,675,952

 

Specialty Insurance

 

471,217

 

 

 

 

 

 

12,742

 

 

 

11,249

 

 

 

10,682

 

 

 

505,890

 

 

$

2,659,273

 

 

$

2,373,140

 

 

$

788,866

 

 

$

294,159

 

 

$

66,404

 

 

$

6,181,842

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

2,052,951

 

 

$

2,284,906

 

 

$

770,725

 

 

$

223,318

 

 

$

(49,119

)

 

$

5,282,781

 

Specialty Insurance

 

454,718

 

 

 

 

 

 

11,802

 

 

 

10,190

 

 

 

(7,368

)

 

 

469,342

 

 

$

2,507,669

 

 

$

2,284,906

 

 

$

782,527

 

 

$

233,508

 

 

$

(56,487

)

 

$

5,752,123

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Title Insurance and Services

$

2,022,384

 

 

$

2,360,659

 

 

$

766,018

 

 

$

137,439

 

 

$

6,656

 

 

$

5,293,156

 

Specialty Insurance

 

439,470

 

 

 

 

 

 

11,259

 

 

 

9,713

 

 

 

4,578

 

 

 

465,020

 

 

$

2,461,854

 

 

$

2,360,659

 

 

$

777,277

 

 

$

147,152

 

 

$

11,234

 

 

$

5,758,176

 

Schedule Of Revenues From External Customers And Long-Lived Assets

Revenues from external customers allocated between domestic and foreign operations, by segment, for the years ended December 31, 2019, 2018 and 2017, are as follows:

 

Year Ended December 31,

 

 

2019

 

 

2018

 

 

2017

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

(in thousands)

 

Title Insurance and Services

$

5,374,624

 

 

$

300,685

 

 

$

4,984,617

 

 

$

298,059

 

 

$

5,011,990

 

 

$

281,090

 

Specialty Insurance

 

505,890

 

 

 

 

 

 

469,342

 

 

 

 

 

 

465,020

 

 

 

 

 

$

5,880,514

 

 

$

300,685

 

 

$

5,453,959

 

 

$

298,059

 

 

$

5,477,010

 

 

$

281,090

 

Long-lived assets allocated between domestic and foreign operations, by segment, as of December 31, 2019, 2018 and 2017, are as follows:

 

December 31,

 

 

2019

 

 

2018

 

 

2017

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

Domestic

 

 

Foreign

 

 

(in thousands)

 

Title Insurance and Services

$

982,397

 

 

$

65,625

 

 

$

994,023

 

 

$

61,615

 

 

$

975,443

 

 

$

59,960

 

Specialty Insurance

 

7,479

 

 

 

 

 

 

65,644

 

 

 

 

 

 

57,762

 

 

 

 

 

$

989,876

 

 

$

65,625

 

 

$

1,059,667

 

 

$

61,615

 

 

$

1,033,205

 

 

$

59,960