Stewart Information Services Quarterly Balance Sheets Chart
Quarterly
|
Annual
Stewart Information Services Quarterly Balance Sheets Table
Quarterly
|
Annual
Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2013-12-31 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2008-06-30 | 2007-12-31 | 2007-03-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 178,101 | 148,510 | 216,298,000 | 183,772 | 133,405 | 138,351 | 233,365,000 | 202,985 | 190,039 | 174,815 | 248,367,000 | 320,933 | 405,310 | 396,649 | 485,919,000 | 607,605 | 400,542 | 412,763 | 432,683,000 | 381,560 | 310,806 | 293,599 | 330,609 | 320,960 | 201,205 | 164,507 | 192,067 | 149,669 | 121,128 | 103,474 | 150,079 | 168,746 | 147,205 | 122,575 | 185,772 | 161,788 | 137,266 | 108,753 | 179,067 | 211,315 | 164,601 | 153,146 | 200,558 | 194,289 | 169,688 | 196,471 | 162,797 | 117,196 | 144,564 | 97,971 | 76,558 | 102,900 | 112,099 | 104,074 | 136,137 | 134,734 | 121,383 |
short-term investments | 45,731 | 45,716 | 41,199,000 | 44,911 | 43,341 | 42,774 | 39,023,000 | 37,238 | 26,566 | 26,407 | 24,318,000 | 18,077 | 17,282 | 18,054 | 17,650,000 | 17,198 | 17,628 | 17,855 | 20,678,000 | 21,288 | 20,560 | 19,233 | 23,527 | 22,692 | 23,064 | 23,473 | 22,950 | 23,954 | 23,642 | 24,400 | 24,463 | 23,434 | 23,092 | 22,836 | 22,239 | 40,068 | 42,032 | 42,009 | 39,707 | 21,882 | 22,666 | 25,289 | 25,042 | 38,336 | 36,146 | 37,025 | 37,052 | 33,137 | 33,457 | 24,194 | 37,120 | 57,212 | 105,530 | 147,419 | 161,711 | 206,717 | 181,195 |
investments, at fair value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt securities | 605,048 | 592,697 | 586,615,000 | 607,540 | 584,585 | 597,057 | 610,236,000 | 585,406 | 601,927 | 608,314 | 611,934,000 | 582,461 | 593,583 | ||||||||||||||||||||||||||||||||||||||||||||
equity securities | 84,695 | 82,145 | 82,484,000 | 81,121 | 76,348 | 76,893 | 69,700,000 | 75,333 | 78,226 | 81,441 | 98,149,000 | 87,166 | 93,672 | ||||||||||||||||||||||||||||||||||||||||||||
receivables: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premiums from agencies | 39,166 | 35,984 | 36,753,000 | 40,730 | 39,974 | 39,600 | 38,676,000 | 40,509 | 40,601 | 37,231 | 39,921,000 | 43,426 | 50,565 | 44,608 | 45,428,000 | 47,324 | 46,449 | 37,713 | 34,507,000 | 32,749 | 29,342 | 24,591 | 26,405 | 31,869 | 32,347 | 29,421 | 29,032 | 31,656 | 30,242 | 28,173 | 27,903 | 33,754 | 34,603 | 32,253 | 31,246 | 33,402 | 34,390 | 33,627 | 36,393 | 37,404 | 37,262 | 34,891 | 42,929 | 45,249 | 36,511 | 45,458 | 45,462 | 47,351 | 45,399 | 42,630 | 35,707 | 58,023 | 49,397 | 42,618 | |||
trade and other | 105,929 | 99,584 | 87,671,000 | 93,698 | 91,485 | 86,010 | 75,706,000 | 64,364 | 73,218 | 74,903 | 67,348,000 | 65,620 | 70,572 | 72,994 | 75,079,000 | 66,711 | 72,061 | 63,106 | 56,054,000 | 47,287 | 38,196 | 34,515 | 45,962 | 46,990 | 52,471 | 46,382 | 43,568 | 44,470 | 50,282 | 48,378 | 51,299 | 52,055 | 50,023 | 42,334 | 41,897 | 46,017 | 47,451 | 47,221 | 49,453 | 53,099 | 60,716 | 71,594 | 60,654 | ||||||||||||||
income taxes | 3,746 | 6,942 | 3,100,000 | 5,356 | 4,882 | 4,435 | 3,535,000 | 4,725 | 9,661 | 18,708 | 10,281,000 | 9,395 | 4,338 | 2,074 | 5,420,000 | 5,107 | 2,034 | 172 | 501,000 | 2,110 | 1,514 | 3,131 | 1,641 | 1,791 | 4,304 | 1,982 | 489 | 559 | 2,477 | 5,836 | 1,267 | 3,085 | 1,223 | 7,008 | 4,878 | 1,767 | 2,516 | 9,945 | 1,914 | 1,191 | 4,091 | 9,593 | 253 | 9,477 | 3,899 | 3,259 | 9,721 | 7,412 | 651 | 46,228 | 40,406 | 9,285 | 3,022 | ||||
notes | 26,116 | 23,081 | 20,964,000 | 21,403 | 21,226 | 20,575 | 14,570,000 | 13,765 | 13,464 | 7,465 | 7,482,000 | 5,995 | 4,633 | 3,544 | 1,124,000 | 1,390 | 1,461 | 1,531 | 1,557,000 | 1,591 | 2,247 | 2,425 | 2,464 | 3,109 | 2,889 | 2,935 | 2,987 | 3,594 | 3,088 | 3,154 | 3,203 | 3,761 | 3,702 | 3,145 | 3,402 | 2,605 | 2,702 | 2,933 | 3,744 | 4,254 | 4,343 | 4,471 | 4,031 | 4,075 | 5,314 | 8,483 | 8,681 | 10,394 | 10,747 | 10,437 | 11,694 | 6,901 | 6,850 | 6,683 | |||
allowance for uncollectible amounts | -8,890 | -8,407 | -8,851 | -8,186 | -8,000 | -8,652 | -7,853 | -7,440 | -7,577 | -7,028 | -7,435 | -7,711,000 | -6,222 | -5,168 | -5,393 | -4,807,000 | -4,456 | -4,442 | -4,567 | -4,469 | -4,401 | -4,025 | -4,450 | -4,614 | -4,925 | -4,842 | -4,808 | -5,156 | -8,555 | -9,108 | -9,691 | -9,647 | -8,714 | -8,981 | -9,256 | -9,833 | -8,883 | -8,750 | -8,933 | -9,193 | -9,871 | -10,443 | -12,823 | -13,308 | -16,056 | -19,438 | -20,501 | -17,504 | -12,352 | -10,204 | |||||||
property and equipment: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land | 1,597 | 2,380 | 2,545,000 | 2,545 | 2,545 | 2,582 | 2,545,000 | 2,545 | 2,545 | 2,545 | 2,545,000 | 2,545 | 2,545 | 2,545 | 2,545,000 | 2,964 | 2,964 | 2,964 | 2,964,000 | 2,964 | 3,009 | 3,009 | 3,009 | 3,512 | 3,512 | 3,512 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 5,524 | 5,524 | 5,524 | 5,524 | 5,559 | 5,848 | 5,848 | 5,848 | 6,429 | 6,445 | 8,468 | 8,468 | 8,350 | 7,584 | 6,990 | |||
buildings | 16,164 | 17,672 | 19,836,000 | 19,926 | 19,274 | 19,240 | 19,219,000 | 19,049 | 19,094 | 19,042 | 18,761,000 | 18,553 | 18,692 | 19,277 | 19,303,000 | 17,114 | 16,645 | 22,617 | 22,598,000 | 22,423 | 22,433 | 22,193 | 20,519 | 21,440 | 21,498 | 21,552 | 22,968 | 23,018 | 22,806 | 22,935 | 22,849 | 22,835 | 22,771 | 22,688 | 22,529 | 22,621 | 22,681 | 22,829 | 22,898 | 26,337 | 26,426 | 26,287 | 26,399 | 26,779 | 26,759 | 26,887 | 26,841 | 23,823 | 23,769 | 23,326 | 22,629 | 20,591 | 15,303 | 15,162 | |||
furniture and equipment | 256,918 | 251,368 | 245,432,000 | 260,131 | 251,883 | 241,675 | 234,370,000 | 233,062 | 226,455 | 219,002 | 213,707,000 | 220,224 | 208,350 | 218,244 | 216,261,000 | 191,231 | 181,690 | 172,874 | 168,147,000 | 174,079 | 169,591 | 168,391 | 178,416 | 209,488 | 218,726 | 216,901 | 216,498 | 234,405 | 233,154 | 231,356 | 226,461 | 230,308 | 226,536 | 223,700 | 217,105 | 223,639 | 225,643 | 219,062 | 214,350 | 226,852 | 225,515 | 218,582 | 215,344 | 213,585 | 243,836 | 241,694 | 239,117 | 234,262 | 250,355 | 271,234 | 281,683 | 278,563 | 245,290 | 220,626 | |||
accumulated depreciation | -191,512 | -186,782 | -180,200,000 | -192,566 | -186,973 | -180,570 | -173,799,000 | -171,230 | -166,331 | -159,909 | -153,474,000 | -160,715 | -156,087 | -167,688 | -165,653,000 | -151,311 | -146,711 | -144,723 | -142,038,000 | -148,490 | -145,187 | -142,301 | -151,483 | -178,577 | -186,439 | -184,773 | -182,663 | -196,943 | -193,128 | -189,857 | -186,279 | -188,105 | -183,179 | -178,539 | -173,119 | -177,254 | -176,778 | -171,579 | -169,870 | -186,238 | -181,046 | -175,654 | -171,914 | -191,657 | -221,535 | -219,715 | -216,586 | -208,077 | -219,000 | -232,395 | -229,247 | ||||||
operating lease assets | 113,615 | 99,458 | 102,210,000 | 105,510 | 108,653 | 113,617 | 115,879,000 | 123,698 | 128,167 | 128,192 | 127,830,000 | 130,316 | 137,275 | 141,033 | 134,578,000 | 117,354 | 112,351 | 110,586 | 106,479,000 | 110,038 | 100,353 | 94,922 | 99,028 | 100,671 | 102,134 | 103,947 | |||||||||||||||||||||||||||||||
title plants, at cost | 74,955 | 74,955 | 74,862,000 | 76,028 | 73,378 | 73,359 | 73,359,000 | 73,359 | 73,358 | 73,358 | 73,358,000 | 73,358 | 73,503 | 76,859 | 76,859,000 | 73,127 | 73,113 | 73,113 | 72,863,000 | 72,850 | 72,650 | 72,627 | 72,627 | 74,737 | 74,737 | 74,737 | 74,737 | 74,737 | 74,237 | 74,237 | 74,237 | 74,237 | 75,313 | 75,313 | 75,313 | 75,313 | 75,743 | 75,743 | 75,743 | 76,083 | 76,083 | 76,083 | 76,779 | 76,822 | 78,051 | 77,360 | 77,947 | 77,406 | 77,397 | 78,421 | 78,363 | 70,324 | 58,930 | 52,679 | |||
goodwill | 1,092,747 | 1,092,747 | 1,084,139,000 | 1,080,681 | 1,080,546 | 1,072,315 | 1,072,129,000 | 1,072,022 | 1,074,678 | 1,094,406 | 1,072,982,000 | 961,726 | 964,212 | 932,556 | 924,837,000 | 536,176 | 549,991 | 480,159 | 431,477,000 | 382,235 | 279,857 | 249,946 | 248,890 | 248,890 | 248,890 | 248,890 | 248,890 | 247,190 | 242,736 | 242,736 | 231,428 | 231,428 | 234,667 | 217,094 | 217,094 | 217,921 | 217,722 | 217,722 | 217,722 | 218,652 | 253,239 | 255,620 | 251,868 | 231,838 | 220,983 | 220,955 | 216,744 | 214,492 | 206,861 | 212,763 | 210,901 | 209,879 | 207,883 | 202,348 | 204,302 | 155,624 | 124,636 |
intangible assets, net of amortization | 158,348 | 165,156 | 173,075,000 | 175,166 | 177,112 | 185,067 | 193,196,000 | 201,539 | 204,509 | 190,827 | 199,084,000 | 174,430 | 187,494 | 230,245 | 229,804,000 | 72,549 | 36,798 | 38,912 | 37,382,000 | 22,002 | 3,843 | 4,495 | 4,623 | 6,303 | 7,340 | 8,518 | 9,727 | 10,843 | 11,138 | 12,301 | 9,734 | 10,673 | 9,317 | 9,975 | 10,890 | 14,307 | 15,209 | 16,622 | 18,075 | 20,061 | 22,680 | 24,474 | 26,311 | 13,050 | 6,648 | 7,015 | 7,400 | 8,693 | 8,228 | 6,406 | 8,448 | 15,444 | 15,268 | 16,988 | |||
deferred tax assets | 4,795 | 4,401 | 4,827,000 | 3,749 | 3,673 | 3,719 | 3,776,000 | 2,554 | 2,582 | 2,586 | 2,590,000 | 4,328 | 3,766 | 3,732 | 3,846,000 | 4,566 | 4,330 | 4,359 | 4,330,000 | 4,451 | 4,407 | 4,407 | 4,407 | 4,592 | 4,575 | 4,575 | 4,575 | 4,186 | 4,222 | 4,187 | 4,186 | 3,856 | 3,865 | 3,863 | 3,860 | 2,875 | 2,768 | 2,737 | 4,949 | 571 | 800 | ||||||||||||||||
other assets | 173,888 | 159,489 | 131,479,000 | 128,720 | 128,335 | 122,690 | 80,739,000 | 92,516 | 82,859 | 83,271 | 75,430,000 | 150,858 | 78,015 | 76,756 | 64,105,000 | 50,169 | 68,707 | 50,862 | 42,048,000 | 38,058 | 39,732 | 39,268 | 35,402 | 39,967 | 44,007 | 43,942 | 43,121 | 49,576 | 50,408 | 52,609 | 47,664 | 48,458 | 49,725 | 43,801 | 42,975 | 46,070 | 46,147 | 45,791 | 43,237 | 46,455 | 48,435 | 52,083 | 46,510 | 62,775 | 59,008 | 56,229 | 57,866 | 52,096 | 49,324 | 51,339 | 65,956 | 103,986 | 106,024 | 104,177 | 70,911 | 61,102 | 40,640 |
liabilities | -557 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | 446,000 | 445,860 | 445,841,000 | 445,704 | 445,568 | 445,433 | 445,290,000 | 445,158 | 445,027 | 445,067 | 447,006,000 | 446,372 | 444,908 | 445,936 | 483,491,000 | 275,276 | 127,662 | 125,572 | 101,773,000 | 101,256 | 101,702 | 102,613 | 110,632 | 105,371 | 105,404 | 105,043 | 108,036 | 106,440 | 107,657 | 108,595 | 109,312 | 138,557 | 116,331 | 100,845 | 106,808 | 131,135 | 127,690 | 115,905 | 102,399 | 82,051 | 82,711 | 65,229 | 65,562 | 5,827 | 6,426 | 6,481 | 6,490 | 11,722 | 8,784 | 19,620 | 135,276 | 116,799 | 110,269 | 106,057 | |||
accounts payable and accrued liabilities | 203,903 | 198,554 | 214,580,000 | 196,670 | 165,382 | 166,376 | 190,054,000 | 177,180 | 167,564 | 163,001 | 196,541,000 | 184,065 | 200,294 | 233,135 | 287,326,000 | 209,144 | 229,054 | 212,774 | 225,180,000 | 143,207 | 108,394 | 84,974 | 126,779 | 103,886 | 85,436 | 71,621 | 109,283 | 97,233 | 94,057 | 90,932 | 117,740 | 95,283 | 97,095 | 88,401 | 115,640 | 99,551 | 94,788 | 91,307 | 118,082 | 109,931 | 102,111 | 97,593 | 117,583 | 119,961 | 95,947 | 116,617 | 89,753 | 86,389 | 95,666 | 101,881 | 110,769 | 93,501 | 98,972 | 94,726 | 130,589 | 125,255 | 101,544 |
operating lease liabilities | 129,787 | 114,323 | 118,835,000 | 122,788 | 127,307 | 132,723 | 135,654,000 | 142,044 | 146,649 | 147,594 | 148,003,000 | 146,309 | 150,472 | 154,974 | 149,417,000 | 129,064 | 124,038 | 123,121 | 119,089,000 | 122,475 | 113,292 | 108,333 | 113,843 | 112,260 | 114,022 | 115,307 | |||||||||||||||||||||||||||||||
estimated title losses | 523,085 | 510,790 | 511,534,000 | 517,592 | 512,446 | 519,229 | 528,269,000 | 521,395 | 524,141 | 533,415 | 549,448,000 | 547,214 | 562,681 | 560,718 | 549,614,000 | 534,551 | 524,983 | 509,541 | 496,275,000 | 466,812 | 456,025 | 447,582 | 459,053 | 452,361 | 450,208 | 454,075 | 461,560 | 476,870 | 475,460 | 479,805 | 480,990 | 475,845 | 465,294 | 460,142 | 462,572 | 460,700 | 463,238 | 466,409 | 462,622 | 478,629 | 481,000 | 501,264 | 495,395 | 506,888 | 508,756 | 520,375 | 516,315 | 502,611 | 495,849 | 503,475 | 461,532 | 450,229 | 421,089 | 390,802 | 384,396 | 346,704 | 300,749 |
deferred tax liabilities | 32,100 | 29,706 | 28,266,000 | 32,481 | 23,509 | 23,485 | 25,045,000 | 24,094 | 28,462 | 30,231 | 26,616,000 | 23,999 | 37,166 | 41,436 | 48,779,000 | 10,770 | 26,524 | 23,900 | 23,852,000 | 35,570 | 33,489 | 27,289 | 28,719 | 25,429 | 21,142 | 17,360 | 14,214 | 13,152 | 14,488 | 15,993 | 19,034 | 20,889 | 12,947 | 9,480 | 7,856 | 9,980 | 9,893 | 2,336 | 1,356 | 3,552 | 6,716 | 9,955 | 13,485 | 3,174 | |||||||||||||
contingent liabilities and commitments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock (1 par value) and additional paid-in capital | 366,966 | 361,741 | 353,172 | 345,082 | 341,314 | 337,924 | 332,025 | 327,823 | 321,492 | 316,224 | 311,891 | 306,257 | 301,251 | 300,978 | 300,648 | 190,260 | 188,773 | 189,613 | 188,300 | 187,139 | |||||||||||||||||||||||||||||||||||||
retained earnings | 1,096,023 | 1,078,378 | 1,089,484,000 | 1,080,879 | 1,064,870 | 1,060,808 | 1,070,841,000 | 1,075,224 | 1,074,458 | 1,071,320 | 1,091,816,000 | 1,090,938 | 1,073,788 | 1,022,456 | 974,800,000 | 899,528 | 819,834 | 733,973 | 688,819,000 | 637,223 | 589,424 | 562,445 | 564,392 | 571,390 | 512,467 | 500,335 | 514,248 | 510,068 | 499,656 | 484,359 | 491,698 | 483,861 | 479,860 | 468,844 | 471,788 | 461,497 | 442,163 | 437,605 | 455,519 | 459,644 | 478,720 | 467,285 | 479,733 | 452,314 | 394,654 | 391,447 | 331,519 | 284,097 | 282,666 | 296,116 | 353,547 | 543,238 | 641,168 | 645,314 | 649,598 | 619,232 | 543,295 |
accumulated other comprehensive loss: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation adjustments | -18,978 | -32,407 | -33,386,000 | -19,463 | -24,305 | -23,049 | -18,579,000 | -24,851 | -19,004 | -23,258 | -23,856,000 | -31,778 | -16,478 | -8,297 | -8,917,000 | -9,235 | -4,992 | -6,371 | -8,238,000 | -16,430 | 24,362 | -24,469 | -13,027 | -17,577 | -12,442 | -14,917 | -19,505 | -13,507 | -14,647 | -10,609 | -8,373 | -8,057 | -12,198 | -15,402 | -16,727 | -13,576 | -11,768 | -10,065 | -13,360 | -10,753 | -6,471 | -8,714 | -2,215 | 5,350 | 8,917 | 12,169 | 9,250 | 11,093 | 7,563 | -3,697 | 4,662 | 3,077 | 4,039 | ||||
net unrealized losses on debt securities investments | -3,594 | -4,619 | -10,011,000 | -4,841 | -18,258 | -18,762 | -16,636,000 | -33,770 | -26,322 | -20,778 | |||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -2,666 | -2,666 | -2,666,000 | -2,666 | -2,666 | -2,666 | -2,666,000 | -2,666 | -2,666 | -2,666 | -2,666,000 | -2,666 | -2,666 | -2,666 | -2,666,000 | -2,666 | -2,666 | -2,666 | -2,666,000 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -2,666 | -4,330 | -4,330 | -4,097 | -4,097 | -4,097 | -3,914 | -3,914 | -3,914 | -3,905 |
stockholders’ equity attributable to stewart | 1,437,751 | 1,400,427 | 1,407,081 | 1,364,723 | 1,357,645 | 1,351,861 | 1,358,491 | 1,352,441 | 1,344,956 | 1,347,144 | 1,312,471 | 1,207,896 | 1,129,977 | 1,041,873 | 943,881 | 781,105 | 731,751 | 753,599 | 694,987 | 673,798 | 670,944 | 660,308 | 650,793 | 665,132 | 658,553 | 642,093 | 650,545 | 632,777 | 621,571 | 635,953 | 658,926 | 675,966 | 609,930 | 510,654 | |||||||||||||||||||||||
noncontrolling interests | 8,531 | 7,436 | 8,947,000 | 7,254 | 6,551 | 6,498 | 7,138,000 | 7,338 | 7,504 | 7,311 | 8,114,000 | 12,545 | 12,677 | 12,317 | 12,726,000 | 8,804 | 6,096 | 6,025 | 7,294,000 | 6,988 | 6,227 | 5,324 | 6,453 | 6,285 | 5,840 | 5,106 | 6,312 | 5,790 | 5,929 | 5,410 | 6,599 | 7,239 | 7,824 | 7,007 | 7,648 | 7,821 | 8,199 | 6,920 | 7,847 | 8,192 | 8,411 | 6,793 | 7,268 | 7,791 | 11,184 | 11,566 | 14,025 | 13,243 | 13,123 | 13,790 | |||||||
total stockholders’ equity | 1,446,282 | 1,407,863 | 1,411,089,000 | 1,414,335 | 1,371,274 | 1,364,143 | 1,378,549,000 | 1,359,199 | 1,365,995 | 1,359,752 | 1,370,265,000 | 1,357,501 | 1,359,821 | 1,324,788 | 1,294,735,000 | 1,216,700 | 1,136,073 | 1,047,898 | 1,012,406,000 | 950,869 | 787,332 | 737,075 | 753,759 | 759,884 | 700,827 | 678,904 | 679,837 | 676,734 | 666,237 | 656,203 | 678,810 | 672,371 | 666,377 | 649,100 | 648,848 | 658,366 | 640,976 | 628,491 | 637,128 | 644,145 | 667,337 | 682,759 | 700,453 | 663,089 | 621,114 | 580,372 | 524,679 | 463,457 | 448,333 | 462,066 | 493,842 | 694,959 | 793,963 | 799,781 | 802,262 | 766,313 | 697,313 |
reconciliation of net income to cash provided (used) by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 41,051 | 5,416 | 88,156,000 | 60,944 | 27,275 | 6,210 | 45,598,000 | 32,494 | 14,564 | -5,218 | 181,788,000 | 163,525 | 128,797 | 61,912 | 339,982,000 | 249,357 | 155,962 | 57,122 | 169,672,000 | 105,339 | 45,054 | 7,374 | 90,272 | 87,209 | 17,541 | -4,784 | 59,022 | 44,163 | 23,759 | -1,961 | 60,146 | 42,076 | 28,165 | 6,009 | 68,421 | 48,228 | 18,462 | -9,064 | 4,043 | -1,146 | 9,281 | -11,344 | -5,150 | -42,431 | |||||||||||||
add | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 30,472 | 15,322 | 61,612,000 | 46,062 | 30,582 | 15,384 | 62,447,000 | 46,848 | 30,434 | 14,906 | 57,178,000 | 42,103 | 28,037 | 13,748 | 36,386,000 | 22,394 | 13,249 | 6,430 | 19,216,000 | 13,436 | 8,292 | 4,231 | 22,526 | 17,458 | 11,764 | 5,990 | 24,932 | 18,609 | 12,388 | 6,234 | 25,878 | 19,397 | 12,819 | 6,378 | 30,044 | 22,728 | 15,646 | 8,306 | 30,298 | 22,013 | 14,379 | 7,105 | 24,226 | 17,920 | 4,358 | 17,783 | 13,423 | 19,542 | 21,422 | 28,064 | 40,959 | 18,041 | 30,437 | 9,885 | 37,747 | 33,954 | 31,025 |
adjustments for bad debt provisions | 1,565 | 922 | 1,991 | 1,155 | 818 | 2,425 | 1,443 | 590 | 812 | -157 | |||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized gains | -3,780 | -3,053 | -4,085 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of net discount on debt securities investments | -631 | -527 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for title losses less than (in excess of) provisions | 3,633 | 54,744,000 | 12,234 | 33,229,000 | 9,615 | 1,236 | 12,937 | 5,940 | 10,731 | ||||||||||||||||||||||||||||||||||||||||||||||||
adjustments for insurance recoveries of title losses | -308 | 208,000 | 208 | 208 | 208 | -208,000 | 220,000 | 220 | 220 | 220 | -220,000 | -205 | 228,000 | 181 | 1,039 | -654 | |||||||||||||||||||||||||||||||||||||||||
increase in receivables – net | -21,409 | -15,226 | -12,054,000 | -22,798 | -19,184 | -12,674 | -5,355,000 | -6,692 | -13,724 | -18,822,000 | -20,771 | -22,366 | -3,513 | -6,598,000 | -4,290 | -2,917 | -8,838 | -16,865 | -5,686 | -4,363 | -2,123 | -6,910 | -12,275 | -8,999 | -3,896 | -4,246 | -563 | -13,476 | -5,796 | -16,133 | -21,261 | ||||||||||||||||||||||||||
increase in other assets – net | -23,006 | -16,619 | -17,529,000 | -16,796 | -11,275 | -5,582 | -9,581 | -5,859 | -4,506 | -4,343 | -6,720 | -5,046 | -5,931,000 | -3,725 | -3,327 | -7,869 | -5,380,000 | -1,702 | -3,743 | -3,813 | -1,111 | -815 | -406 | -2,626 | -4,853 | -4,512 | -5,633 | -6,526 | -666 | -1,389 | -2,936 | -2,583 | -1,446 | -2,154 | -5,527 | -1,878 | -1,467 | -845 | -2,779 | -4,409 | -7,123 | ||||||||||||||||
decrease in accounts payable and other liabilities – net | -13,408 | -18,737 | -25,971 | -24,444 | -24,766 | -34,042 | -34,656 | -81,987 | -68,475 | -50,808 | -15,390 | -20,116 | 1,301 | -22,817 | -43,165 | -11,588 | -26,212 | ||||||||||||||||||||||||||||||||||||||||
change in net deferred income taxes | 33 | -24 | 4,487,000 | 5,199 | 360 | -5 | -6,772,000 | -692 | 585 | 1,724 | 293,000 | 25 | 515 | 265 | 12,721,000 | 7,024 | 4,122 | 2,007 | -9,747,000 | 3,576 | 2,277 | 1,495 | 8,669 | 5,563 | 1,185 | -252 | 256 | -1,693 | -457 | -161 | 8,749 | 2,329 | 136 | 3,159 | 2,017 | ||||||||||||||||||||||
net income from equity method investments | -812 | -1,031 | -507 | -847 | -378 | -28 | -2,536 | -1,860 | -736 | -6,852 | -3,412 | -924 | |||||||||||||||||||||||||||||||||||||||||||||
dividends received from equity method investments | 1,071 | 585 | 848 | 613 | 229 | 1,121 | 876 | 680 | 3,135 | 2,150 | 1,167 | 5,496 | 1,739 | 764 | |||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 8,822 | 3,488 | 13,564,000 | 9,593 | 6,337 | 2,670 | 10,920,000 | 10,310 | 7,043 | 2,759 | 12,282,000 | 9,239 | 6,440 | 2,239 | 11,966,000 | 8,494 | 5,879 | 3,174 | 5,751,000 | 4,234 | 2,449 | 887 | 2,097 | 3,380 | 2,057 | 804 | 4,809 | 3,039 | 1,979 | 140 | 2,078 | 3,372 | |||||||||||||||||||||||||
other – net | 208 | 132 | 681,000 | 275 | 184 | 67 | 419,000 | 399 | 269 | 200 | 445,000 | 312 | 229 | 110 | -237,000 | -325 | -47 | -34 | -91,000 | -367 | -237 | -254 | 252 | 28 | 15 | 98 | 404 | -61 | 60 | 43 | 483 | -46 | 2 | 1 | 7,215 | 5,502 | 3,569 | 3,968 | 5,668 | 4,651 | 108 | -270 | 448 | 1,287 | -33 | 2,426 | 1,611 | 1,681 | |||||||||
cash provided (used) by operating activities | 23,501 | 47,442 | 50,110 | 5,572 | 56,830 | 23,409 | 41,194 | ||||||||||||||||||||||||||||||||||||||||||||||||||
investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of investments in securities | 36,984 | 16,009 | 36,582,000 | 34,276 | 20,971 | 20,874 | 60,457,000 | 53,630 | 39,488 | 26,772 | 66,695,000 | 47,954 | 28,769 | 17,650 | 69,293,000 | 19,726 | 14,744 | 3,051 | 37,240,000 | 25,772 | 15,499 | 11,796 | 50,605 | 20,899 | 9,952 | 6,958 | 49,442 | 32,500 | 25,722 | ||||||||||||||||||||||||||||
proceeds from matured investments in debt securities | 47,792 | 11,864 | 94,003,000 | 78,849 | 51,775 | 6,646 | 71,753,000 | 58,005 | 55,250 | 25,338 | 37,089,000 | 28,754 | 23,521 | 15,923 | 74,528,000 | 68,653 | 51,034 | 42,836 | 58,729,000 | 46,677 | 33,096 | 18,814 | 48,716 | 44,685 | 35,884 | 20,094 | 29,631 | 25,258 | 10,355 | 4,603 | |||||||||||||||||||||||||||
purchases of investments in securities | -72,241 | -22,377 | -121,498,000 | -99,169 | -58,368 | -23,677 | -78,017,000 | -72,857 | -55,461 | -23,965 | -207,512,000 | -165,130 | -117,913 | -66,882 | -143,925,000 | -111,107 | -89,198 | -47,881 | -118,301,000 | -75,487 | -50,856 | -30,703 | -77,489 | -2,187 | -1,263 | -561 | -43,057 | -35,683 | -26,220 | -8,042 | |||||||||||||||||||||||||||
net purchases of short-term investments | -2,696 | -4,275 | -4,736,000 | -5,206 | -4,781 | -4,927 | -14,005 | -2,838 | -2,541 | -193 | -366 | -1,195 | -853 | -597 | -2,302 | ||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment and other long-lived assets | -27,079 | -12,314 | -28,125 | -19,424 | -10,218 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment and other assets | 2,837 | 1,537 | 114 | 81 | 8 | 369 | 106 | 49 | 977 | 1,033 | 829 | ||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition of businesses and related assets | -8,523 | -7,424 | -14,383 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in notes receivable | -6,000 | -2,500 | -8,320,000 | -8,320 | -7,320 | -6,320 | -6,960 | -6,360 | |||||||||||||||||||||||||||||||||||||||||||||||||
purchases of cost-basis and other investments | -1,418 | -909 | -31,593,000 | -29,810 | -29,879 | -29,939 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by investing activities | -29,496 | -20,007 | -87,263,000 | -71,587 | -56,271 | -47,377 | -29,969,000 | -36,753 | -7,310 | -4,812 | -300,665,000 | -225,343 | -111,142 | -65,216 | -200,668 | -173,651 | -73,591 | -4,081 | -7,132 | -1,517 | -103,897 | -66,445 | -43,743 | -26,916 | -56,774 | -60,253 | -48,389 | -40,076 | -68,791 | -13,186 | -13,318 | -8,406 | -78,557 | -78,363 | -25,239 | -10,586 | -27,029 | -62,644 | -143,004 | -167,475 | |||||||||||||||||
financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from notes payable | 995 | 995 | 3,387,000 | 3,387 | 3,387 | 3,387 | 3,538,000 | 3,538 | 3,538 | 3,521 | 39,499,000 | 38,012 | 5,721 | 140 | 1,197,351,000 | 331,755 | 181,755 | 178,975 | 16,456,000 | 2,361 | 404 | 204 | 30,464 | 23,514 | 20,506 | 4,454 | 14,530 | 9,583 | 26 | 56,493 | 48,043 | 16,022 | 875 | 57,758 | 24,804 | 34,578 | 10,000 | 52,651 | 30,196 | 29,267 | 120,273 | 11,146 | 400 | 450 | 2 | 6,000 | 5,834 | 433 | 47,242 | 16,913 | 18,116 | 7,119 | 17,307 | 37,161 | 34,440 | ||
payments on notes payable | -1,115 | -1,115 | -3,378,000 | -3,378 | -3,378 | -3,378 | -5,776,000 | -5,776 | -5,776 | -5,589 | -76,486,000 | -75,505 | -44,553 | -37,819 | -809,816,000 | -158,031 | -157,662 | -154,910 | -25,581,000 | -11,737 | -9,334 | -8,223 | -27,868 | -26,179 | -23,139 | -7,446 | -20,118 | -16,767 | -5,993 | -5,029 | -56,467 | -18,848 | -8,042 | -8,382 | -60,339 | -3,058 | -15,101 | -1,307 | -22,494 | -19,325 | -17,736 | -5,951 | -60,838 | -12,199 | -455 | -5,692 | -5,235 | -5,988 | -16,294 | -117,190 | -27,978 | -9,673 | -16,903 | -7,608 | -24,778 | -23,821 | -13,020 |
distributions to noncontrolling interests | -6,468 | -3,850 | -13,091,000 | -10,313 | -7,443 | -3,720 | -16,135,000 | -11,646 | -7,549 | -3,775 | -20,640,000 | -14,863 | -9,483 | -4,568 | -16,407,000 | -11,683 | -7,253 | -3,844 | -13,944,000 | -9,572 | -5,957 | -3,326 | -11,506 | -8,578 | -5,487 | -3,177 | -11,631 | -8,665 | -5,751 | -2,928 | -11,651 | -8,376 | -5,300 | -2,563 | -12,961 | -9,430 | -5,660 | -3,028 | -6,861 | -3,638 | -1,677 | -8,986 | -9,239 | -2,226 | -9,512 | -6,348 | -6,142 | -7,122 | -7,775 | ||||||||
contributions from noncontrolling interests | 54 | 54 | 25 | 87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock | -3,474 | -3,365 | -3,844,000 | -3,618 | -3,517 | -3,390 | -1,783,000 | -1,576 | -1,353 | -1,271 | -3,262,000 | -3,168 | -2,551 | -2,462 | -2,252,000 | -2,145 | -2,002 | -1,935 | -1,054,000 | -826 | -468 | -393 | -532 | -481 | -471 | -379 | -1,175 | -687 | -672 | -579 | -727 | -1,053 | -27,950 | -27,815 | -27,793 | -1,393 | -22,048 | ||||||||||||||||||||
proceeds from stock option and employee stock purchase plan exercises | 2,897 | 2,897 | 10,550,000 | 8,746 | 3,811 | 3,583 | 4,970,000 | 4,846 | 1,991 | 1,991 | 5,828,000 | 5,799 | 2,713 | 2,492 | 2,715,000 | 2,715 | |||||||||||||||||||||||||||||||||||||||||
cash dividends paid | -27,911 | -13,942 | -53,916,000 | -40,035 | -26,180 | -13,067 | -50,523,000 | -37,524 | -24,531 | -12,260 | -44,672,000 | -32,464 | -20,258 | -10,119 | -36,637,000 | -26,558 | -17,688 | -8,840 | -30,226,000 | -22,214 | -14,198 | -7,099 | -28,345 | -21,257 | -14,167 | -7,083 | -28,263 | -21,195 | -14,127 | -7,061 | -28,135 | -21,100 | -14,065 | -7,031 | -27,840 | -20,800 | -13,760 | -6,720 | -18,010 | -11,280 | -5,671 | -2,334 | -2,159 | -1,832 | -917 | -868 | -861 | -1,711 | -12,886 | -12,828 | -7,852 | ||||||
payment of contingent consideration related to acquisitions | -445 | -265 | -496 | -302 | -186 | -3,025 | -2,000 | -15,997 | -15,997 | -6,262 | |||||||||||||||||||||||||||||||||||||||||||||||
cash used by financing activities | -35,521 | -18,645 | -60,958,000 | -45,653 | -33,568 | -16,771 | -51,163 | -35,680 | -17,383 | -84,314 | 120,171 | -9,137 | -29,553 | -18,837 | -37,762 | -32,956 | -22,758 | -13,631 | -47,758 | -38,833 | -27,629 | -15,878 | -43,595 | -2,593 | -13,696 | -17,919 | -22,787 | -14,246 | -1,295 | -8,923 | -18,196 | -3,746 | -18,120 | -11,537 | -7,034 | -18,717 | -3,468 | -38,122 | -15,673 | ||||||||||||||||||
effects of changes in foreign currency exchange rates | 3,319 | 791 | -4,455,000 | -9 | -1,656 | -1,278 | 1,024,000 | -1,044 | 617 | -295 | -5,527,000 | -8,540 | -3,340 | -367 | -2,153,000 | -1,898 | 195 | 69 | 3,337,000 | -479 | -1,927 | -3,510 | 2,905 | 1,202 | 1,994 | 1,367 | -3,810 | -1,229 | -1,557 | -284 | 3,731 | 3,964 | 2,341 | 827 | -141 | 1,775 | 2,375 | 2,898 | -7,664 | -6,592 | -2,718 | -3,213 | -5,189 | -4,877 | -787 | 2,270 | 6,898 | -561 | |||||||||
change in cash and cash equivalents | -38,197 | -67,788 | -49,593 | -99,960 | -95,014 | -45,382 | -58,328 | -73,552 | -164,986 | -80,609 | -89,270 | 174,922 | -32,141 | -19,920 | |||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 216,298 | 216,298 | 233,365 | 233,365 | 233,365 | 248,367 | 248,367 | 248,367 | 485,919 | 485,919 | 485,919 | 432,683 | 432,683 | 432,683 | 330,609 | 330,609 | 330,609 | 192,067 | 192,067 | 192,067 | 150,079 | 150,079 | 150,079 | 185,772 | 185,772 | 185,772 | 179,067 | 179,067 | 179,067 | 200,558 | 200,558 | 200,558 | 208,538 | 140,843 | 109,239 | 136,137 | 136,137 | 134,734 | 121,383 | 114,202 | |||||||||||||||||
cash and cash equivalents at end of period | 178,101 | 148,510 | 183,772 | 133,405 | 138,351 | 202,985 | 190,039 | 174,815 | 320,933 | 405,310 | 396,649 | 607,605 | 400,542 | 412,763 | 381,560 | 310,806 | 293,599 | 320,960 | 201,205 | 164,507 | 149,669 | 121,128 | 103,474 | 168,746 | 147,205 | 122,575 | 161,788 | 137,266 | 108,753 | 211,315 | 164,601 | 153,146 | 175,376 | 177,820 | 102,900 | 112,099 | 104,074 | 136,137 | 134,734 | 121,383 | |||||||||||||||||
reconciliation of net income to cash used by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for title losses in excess of provisions | -1,337 | -9,053 | -11,550 | -5,432 | -2,809 | -11,266 | -11,178 | -1,175 | -488 | -1,260 | -3,605 | -1,056 | -4,446 | -2,615 | -17,154 | -5,049 | -9,217 | -10,119 | |||||||||||||||||||||||||||||||||||||||
net (income) income from equity method investments | -269 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by operating activities | -29,927 | -8,465 | -29,588 | -11,360 | -39,883 | -28,926 | -19,189 | -31,841 | -26,870 | -3,390 | -15,116 | ||||||||||||||||||||||||||||||||||||||||||||||
investments in debt and equity securities, at fair value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for credit losses | -7,725,000 | -7,583,000 | -7,309,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, at cost: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in investees, on an equity method basis | 4,581,000 | 4,220,000 | 4,575,000 | 4,754,000 | 6,765,000 | 6,169 | 8,590 | 9,202 | 9,302 | 9,536 | 9,423 | 9,796 | 9,625 | 9,518 | 9,381 | 9,628 | 9,673 | 9,902 | 9,800 | 9,880 | 9,892 | 13,206 | 13,891 | 14,113 | 18,055 | 17,608 | 12,233 | 13,685 | |||||||||||||||||||||||||||||
common stock – 1 par, authorized 51,500,000; issued 28,115,852 and 27,722,388; outstanding 27,763,691 and 27,370,227, respectively | 28,117,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 330,604,000 | 310,728,000 | 296,861,000 | 282,376,000 | 274,857,000 | 164,217 | 162,642 | 159,954 | 157,176 | 156,692 | 179,205 | 171,915 | 133,685 | 132,446 | 124,413 | 126,822 | 125,339 | 129,960 | 126,887 | 125,689 | |||||||||||||||||||||||||||||||||||||
total stockholders’ equity attributable to stewart | 1,402,142,000 | 1,371,411,000 | 1,362,151,000 | 1,282,009,000 | 1,005,112,000 | 747,306 | 673,525 | 672,211 | 641,200 | 629,281 | 693,185 | 655,298 | 568,806 | 450,214 | 435,210 | 448,276 | |||||||||||||||||||||||||||||||||||||||||
reconciliation of net income to cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses on receivables | 2,214,000 | 2,425,000 | 824,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized (gains) losses | -12,937,000 | -11,238 | -6,524 | -7,038 | -24,321,000 | -17,816 | -14,929 | -3,274 | |||||||||||||||||||||||||||||||||||||||||||||||||
amortization of net premium on debt securities investments | -792,000 | 486,000 | 448 | 387 | 230 | 2,162,000 | 1,870 | 1,382 | 690 | 3,624,000 | 2,794 | 1,904 | 938 | 4,261,000 | 3,280 | 2,253 | 1,144 | 4,939 | 3,790 | 2,628 | 1,353 | 6,083 | |||||||||||||||||||||||||||||||||||
payments for title losses (in excess of) less than provisions | -5,010,000 | -24,035,000 | -26,417 | -27,468 | -6,585 | -7,781 | -11,192 | -18,803 | |||||||||||||||||||||||||||||||||||||||||||||||||
increase in payables and accrued liabilities – net | 13,325,000 | -87,502,000 | -22,316,000 | 31,471 | -12,002 | 1,933 | -3,888 | 2,088 | -6,854 | -8,100 | 29,278 | 2,923 | |||||||||||||||||||||||||||||||||||||||||||||
net income from equity investees | -1,759,000 | -1,071,000 | -3,257,000 | -9,488,000 | -3,504,000 | -2,385 | -1,356 | -645 | -3,044 | -1,996 | -1,047 | -374 | -1,940 | -1,344 | -768 | -243 | -2,163 | -1,813 | -977 | -197 | -2,834 | -1,933 | -1,069 | -341 | -3,579 | -2,904 | -2,114 | ||||||||||||||||||||||||||||||
dividends received from equity investees | 1,443,000 | 1,408,000 | 3,659,000 | 9,180,000 | 3,704,000 | 2,499 | 1,549 | 1,235 | 2,721 | 1,964 | 1,220 | 353 | 2,551 | 2,187 | 985 | 431 | 2,493 | 2,053 | 1,237 | 570 | 2,640 | 1,912 | 1,172 | 581 | 3,811 | 3,111 | 2,099 | 694 | 3,582 | 4,766 | 1,557 | 3,426 | 2,709 | 2,524 | 2,996 | 2,916 | 2,850 | 1,293 | 3,410 | 925 | 4,804 | 4,868 | 6,002 | ||||||||||||||
cash from operating activities | 135,609,000 | 67,656 | 83,042,000 | 43,578 | 191,860,000 | 167,040 | 118,187 | 34,875 | 390,291,000 | 257,317 | 150,452 | 275,806,000 | 140,861 | 166,359 | 107,289 | 84,177 | 43,733 | 7,367 | 108,068 | 48,048 | 16,531 | 122,962 | 63,986 | 18,459 | 80,514 | 65,597 | 63,989 | 87,187 | 120,522 | 14,810 | 99,731 | 173,508 | 170,410 | ||||||||||||||||||||||||
purchases of property and equipment | -40,468,000 | -37,791,000 | -47,948,000 | -39,799,000 | -14,992,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid for acquisition of businesses | -14,383,000 | -25,100,000 | -142,859,000 | -599,984,000 | -199,537,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of remaining interest of consolidated subsidiaries | -3,838,000 | -5,616,000 | -1,101 | -1,810 | -991 | -209 | -20 | -5,051 | |||||||||||||||||||||||||||||||||||||||||||||||||
payment of acquisition contingent consideration | -720,000 | -3,390,000 | -19,764,000 | -11,560,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other - net | 54,000 | 115,000 | 115 | 94 | 36 | -7,404,000 | -777 | -777 | -777 | -311,000 | -311 | 25 | |||||||||||||||||||||||||||||||||||||||||||||
net change in cash and cash equivalents | -17,067,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 233,365,000 | 248,367,000 | 485,919,000 | 432,683,000 | 330,609,000 | 192,067 | 150,079 | 185,772 | 179,067 | 200,558 | 194,289 | 208,538 | 140,843 | 154,490 | 116,100 | 86,246 | 109,239 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | 216,298,000 | 233,365,000 | 248,367,000 | 485,919,000 | 432,683,000 | 330,609 | 192,067 | 150,079 | 185,772 | 179,067 | 200,558 | 194,289 | 208,538 | 140,843 | 154,490 | 116,100 | 86,246 | ||||||||||||||||||||||||||||||||||||||||
amortization of net (discount) premium on debt securities investments | -460 | -168 | -9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable and other liabilities – net | 3,912 | 6,753 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition of businesses | -8,247 | -25,100 | -22,400 | -21,500 | -102,864 | -23,310 | -17,904 | -149,921 | -131,906 | -52,575 | -146,518 | -33,417 | -1,449 | -17,639 | -11,978 | -11,978 | -17,784 | -18,080 | |||||||||||||||||||||||||||||||||||||||
net income (income) from equity method investments | 10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 51,500,000; issued 27,722,388 and 27,482,573; outstanding 27,370,227 and 27,130,412, respectively | 27,723,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized losses | 34,000 | 4,829 | 2,883 | 1,778 | 1,476,000 | 14,194 | 7,820 | 1,678,000 | 6,035 | 6,027 | 11,091 | 7,240 | |||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in other assets – net | 3,178,000 | 2,503,000 | 6,865 | 2,910 | 4,469 | 391 | 3,073 | ||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in payables and accrued liabilities – net | -6,432,000 | -23,480 | -26,326 | -30,258 | -20,482 | -18,868 | -27,355 | -16,027 | -20,768 | -28,540 | -3,147 | -10,543 | -14,501 | -20,690 | -29,569 | ||||||||||||||||||||||||||||||||||||||||||
net (purchases) sales of short-term investments | -14,275,000 | -7,220,000 | -1,632 | -189 | -60 | -639 | -58 | -456 | -2,224 | -361 | -2,325 | -14,664 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of property and equipment, and other assets | 1,057,000 | 644,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash (used) provided by financing activities | -69,099,000 | -123,220,000 | -98,143 | -58,562 | -59,342 | -25,550 | -35,062 | -25,493 | -238,790 | -88,597 | |||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | -15,002,000 | -237,552,000 | 53,236,000 | 102,074,000 | 50,951 | -19,803 | 138,542 | 128,893 | 9,138 | 41,988 | -35,693 | 6,705 | -17,279 | -21,491 | 10,757 | 6,269 | -14,249 | 67,695 | 36,977 | -13,647 | 38,390 | 29,854 | -22,993 | 1,403 | 13,351 | 7,181 | |||||||||||||||||||||||||||||||
investments on equity method basis | 4,283 | 4,073 | 3,896 | 4,341 | 4,650 | 4,525 | 21,734 | 22,051 | 20,537 | 6,851 | 5,976 | 5,579 | 5,965 | 8,455 | 8,611 | 8,360 | 8,985 | 9,013 | |||||||||||||||||||||||||||||||||||||||
decrease in receivables – net | 7,007 | 7,759 | 4,386 | 8,634 | 3,517 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment, and real estate | -29,487 | -15,495 | -8,894 | -35,274 | -26,226 | -12,291 | -26,213 | -16,430 | |||||||||||||||||||||||||||||||||||||||||||||||||
purchase of remaining interest in consolidated subsidiaries | -72 | -5,616 | -5,616 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of net income to cash (used) provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash (used) provided by operating activities | -15,955 | -51,062 | -8,429 | -16,952 | -105,158 | -46,640 | |||||||||||||||||||||||||||||||||||||||||||||||||||
payments for title losses (higher) less than provisions | -15,797 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 51,500,000; issued 27,482,573 and 27,245,591; outstanding 27,130,412 and 26,893,430, respectively | 27,483,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on debt securities investments | -27,487,000 | -33,030 | -23,724 | -10,913 | 9,170,000 | 14,012 | 16,550 | 15,959 | 25,260,000 | 25,106 | -20,275 | 7,668 | |||||||||||||||||||||||||||||||||||||||||||||
payments for title losses less than provisions | 9,635,000 | 10,950 | 16,902 | 8,959 | 39,761 | 26,222 | 101 | ||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in receivables – net | 10,154,000 | 9,521 | 2,907 | 6,226 | 8,792 | 11,542 | 5,280 | 2,020 | 1,076 | 13,267 | 9,397 | 13,425 | |||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | 108,961,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition of equity method investment | -69 | -69 | -69 | -16,080 | -16,080 | -16,080 | |||||||||||||||||||||||||||||||||||||||||||||||||||
investments in debt and equity securities, at fair value | 692,415 | 700,719 | 711,398 | 682,799 | 650,599 | 645,347 | 612,403 | 599,193 | 617,349 | 627,648 | 662,089 | 673,333 | 679,413 | ||||||||||||||||||||||||||||||||||||||||||||
benefit from bad debt | 14 | 3,023,000 | 1,871 | 846 | 708 | 649,000 | 363 | 106 | 154 | 1,672 | 889 | 462 | 446 | 519 | 510 | 69 | 207 | 697 | 634 | 366 | 3,349 | 1,189 | 1,098 | 711 | 3,023 | 1,672 | 1,261 | 449 | 1,371 | 2,170 | 1,091 | 3,201 | 3,010 | 1,318 | 4,186 | 6,526 | 9,116 | ||||||||||||||||||||
statutory reserve funds | 523,454,000 | 496,594,000 | 483,389 | 462,229 | 490,824 | 475,402 | 479,155 | 484,752 | 485,409 | 448,813 | 488,399 | 473,062 | 483,312 | 480,132 | 474,222 | 480,530 | 438,511 | 450,564 | 450,155 | 444,579 | 428,182 | 397,074 | 396,317 | 386,235 | 374,508 | 490,540 | 449,475 | 401,814 | |||||||||||||||||||||||||||||
other | 155,760,000 | 187,793,000 | 161,650 | 173,788 | 218,531 | 204,280 | 175,607 | 171,447 | 146,094 | 194,878 | 147,649 | 153,301 | 96,537 | 73,360 | 92,561 | 92,046 | 141,592 | 86,779 | 71,895 | 58,680 | 55,598 | 63,911 | 54,007 | 79,969 | 156,267 | 187 | 703 | 862 | 78,249 | 85,802 | 68,793 | ||||||||||||||||||||||||||
common stock – 1 par, authorized 51,500,000; issued 27,245,591 and 27,080,403; outstanding 26,893,430 and 26,728,242, respectively | 27,246,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales (purchases) of short-term investments | 2,358,000 | 2,648 | 3,894,000 | 2,431 | 2,763 | 2,982 | 392 | 221 | 17,468 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of land, buildings, property and equipment, and real estate | 10,682,000 | 230,000 | 1,349 | 82 | 502 | 692 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash (used) provided by investing activities | -645,276,000 | -231,370,000 | -156,093 | -38,433 | -3,303 | -36,528 | -29,219 | -158,910 | -12,918 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash provided (used) by financing activities | 310,374,000 | 6,160 | 54,301,000 | 66,662 | 26,026 | 251,987 | 3,810 | 2,378 | |||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in accounts payable and other liabilities – net | -30,385 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales of short-term investments | 2,734 | 2,747 | 3,160 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of buildings | 10,552 | 10,583 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of new common stock | 108,961 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of contingent consideration related to an acquisition | -9,489 | -75 | -1,298 | -1,298 | -1,298 | -2,002 | -2,002 | -2,002 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from stock option exercises | 181 | 61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment, and real estate – net | -5,721 | -10,492 | -6,796 | -4,781 | -11,957 | -7,889 | -2,735 | -8,478 | -5,690 | -1,993 | |||||||||||||||||||||||||||||||||||||||||||||||
purchase of remaining interest in consolidated subsidiary | -2,570 | -1,102 | -1,112 | -281 | -1,014 | -1,013 | |||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 51,500,000; issued 27,080,403 and 24,061,568; outstanding 26,728,242 and 23,709,407, respectively | 27,080,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in payables and accrued liabilities – net | 62,738,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment for insurance recoveries of title losses | -73 | 228 | 173 | 175 | 314 | 380 | 1,023 | 1,448 | 1,198 | 757 | 793 | 409 | -173 | ||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -37,010 | -27,560 | -410 | -28,951 | -46,605 | -17,026 | -38,567 | -63,197 | -41,801 | -70,314 | -35,957 | -47,412 | -33,162 | -6,339 | -24,038 | -32,063 | |||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 51,500,000; issued 24,061,568 and 24,071,508; outstanding 23,709,407 and 23,719,347, respectively | 24,062 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on investments available-for-sale | 10,328 | -5,266 | 7,526 | 7,846 | 9,403 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment, title plants and real estate | -17,075 | -10,675 | -16,396 | -18,155 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid for acquisition of subsidiaries and other assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash provided (used) by investing activities | 7,040 | 53,358 | 38,331 | 24,587 | 9,379 | 235,160 | 130,190 | 36,599 | |||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized investment gains on debt securities investments | 12,839 | 9,328 | 3,907 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment and other gains – net | -730 | -3,826 | -287 | -4,706 | -1,454 | -488 | -1,595 | -1,540 | -1,151 | -7,578 | |||||||||||||||||||||||||||||||||||||||||||||||
investment and other (gains) losses – net | -3,403 | -53 | -4,345 | -722 | 666 | 1,369 | -6,744 | -5,766 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 50,000,000; issued 24,071,508 and 24,071,683; outstanding 23,719,347 and 23,719,522, respectively | 24,072 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (paid for acquisition) received from disposal of subsidiaries and other assets | -18,739 | -17,359 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid on class b common shares conversion | -12,000 | -12,000 | -12,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock and additional paid-in capital | 185,432 | 184,301 | 183,386 | 182,055 | 183,350 | 181,371 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized investment gains on investments available-for-sale | -8,383 | -6,336 | -3,677 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of net premium on investments available-for-sale | 4,617 | 3,116 | 1,587 | 6,806 | 5,114 | 3,421 | 1,718 | ||||||||||||||||||||||||||||||||||||||||||||||||||
payments for title losses (in excess of) lesser than provisions | -1,106 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(adjustment) benefit from bad debt | -143 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment and other losses (gains) – net | 1,671 | 1,436 | 1,066 | 3,307 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of investments in securities | 15,366 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sale (purchases) of short-term investments | 63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in debt and equity securities available-for-sale, at fair value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 50,000,000; issued 24,071,683 and 23,783,440; outstanding 23,719,522 and 23,431,279, respectively | 24,072 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment and other (gains) losses – net | -2,207 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill | 35,749 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in net deferred income taxes | 8,328 | 7,446 | -5,800 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock based compensation expense | 5,303 | 1,230 | 2,982 | 5,093 | 3,723 | 1,395 | 4,445 | 4,626 | 3,606 | 1,044 | 4,020 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from investments available-for-sale sold | 76,942 | 55,533 | 49,655 | 15,843 | 81,091 | 49,666 | 32,827 | 11,327 | 69,280 | 60,314 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from investments available-for-sale matured | 33,912 | 33,867 | 22,834 | 14,956 | 27,125 | 25,562 | 7,782 | 260 | 42,195 | 40,270 | |||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments available-for-sale | -179,732 | -125,415 | -88,381 | -51,981 | -166,444 | -122,149 | -75,771 | -44,254 | -147,697 | -101,503 | -97,596 | -56,257 | -224,714 | -160,500 | -36,279 | -207,690 | -138,656 | -336,118 | -303,517 | -369,366 | -570,257 | ||||||||||||||||||||||||||||||||||||
unrealized investment gains on investments - net | 9,939 | 10,207 | 9,946 | 20,067 | 21,195 | 15,128 | 9,453 | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment, title plants and real estate – net | -12,411 | -9,328 | -5,586 | -13,615 | -11,494 | -5,494 | -19,658 | -13,373 | -11,772 | -4,979 | -19,537 | -17,282 | -16,752 | -32,542 | |||||||||||||||||||||||||||||||||||||||||||
investment and other loss (gains) – net | 389 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 50,000,000; issued 23,783,440 and 22,643,255; outstanding 23,431,279 and 22,291,094, respectively | 23,783 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common stock – 1 par, authorized 1,500,000; issued and outstanding 1,050,012 as of december 31, 2015; retired in 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash received from disposal (paid for acquisition) of subsidiaries and other assets | 1,268 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other—net | 86 | 168 | -21 | 48 | 87 | 13 | |||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, at cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common and class b common stock and additional paid-in capital | 185,223 | 183,853 | 181,569 | 180,275 | 179,296 | 203,183 | 193,803 | 152,900 | 143,472 | 140,924 | 149,487 | ||||||||||||||||||||||||||||||||||||||||||||||
insurance recoveries of title losses | 290 | 538 | 312 | 213 | 763 | 313 | 263 | 17,181 | 1,914 | 706 | 214 | 5,082 | 8,260 | 2,174 | |||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition of subsidiaries | -300 | -3,958 | -3,958 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate, at lower of cost or net realizable value | 517 | 554 | 570 | 584 | 605 | 574 | 600 | 2,636 | 3,782 | 3,941 | 4,284 | 5,236 | 3,266 | 3,578 | 3,947 | 3,658 | 2,688 | 1,743 | |||||||||||||||||||||||||||||||||||||||
decrease in net deferred income taxes | -1,953 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 50,000,000; issued 22,643,255 and 23,307,909; outstanding 22,291,094 and 22,955,748, respectively | 22,643 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common stock – 1 par, authorized 1,500,000; issued and outstanding 1,050,012 for 2015 and 2014 | 1,050 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of land, buildings, and furniture and equipment | 4,214 | 1,415 | 2,168 | 81 | 4,713 | 4,991 | |||||||||||||||||||||||||||||||||||||||||||||||||||
increases in notes receivable | -915 | -307 | -1,002 | -463 | -213 | -291 | -1,109 | -1,214 | -1,339 | -879 | -10,870 | -7,819 | -1,732 | -2,654 | -2,644 | ||||||||||||||||||||||||||||||||||||||||||
collections on notes receivable | 1,302 | 386 | 2,666 | 959 | 663 | 721 | 1,001 | 654 | 5,061 | 4,245 | 1,340 | 240 | 1,667 | 2,779 | 2,432 | ||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition of subsidiaries and other – net | -3,958 | -39,990 | -14,921 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of equity investees and other assets | 15 | 3,090 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of real estate | 2,105 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subsidiary dividends paid to noncontrolling interests | -9,706 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash payments for settlement of debt | -742 | -742 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill and other intangible assets | 35,867 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in net deferred income taxes | -453 | 656 | -2,222 | 3,176 | 16,260 | 1,276 | -39,780 | 2,525 | -1,212 | 10,544 | -1,230 | 4,518 | |||||||||||||||||||||||||||||||||||||||||||||
supplemental information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in financial statement amounts due to the acquisition of a subsidiary: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill acquired | 7,220 | 7,220 | 3,920 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables and other assets acquired | 38 | 38 | 38 | -44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities assumed | -3,300 | -3,300 | -5,477 | -5,389 | -6,703 | -2,543 | -7,697 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition of a subsidiary | 3,958 | 3,958 | -3,958 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax asset | 800 | 800 | 144 | 6,844 | 7,562 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized investment gains on investments | 10,047 | 16,878 | 14,770 | 5,532 | 15,222 | 14,415 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from investments available-for-sale matured and sold | 99,370 | 56,245 | 197,195 | 104,525 | 15,255 | 181,938 | 134,534 | 339,697 | 328,460 | 477,089 | 668,531 | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive earnings: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for title losses less than (in excess) of provisions | 12,654 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings from equity investees | -588 | -3,442 | -4,137 | -1,475 | -4,253 | -3,264 | -1,710 | -2,427 | -3,134 | -1,188 | -831 | -2,543 | -456 | -4,340 | -6,992 | -6,776 | |||||||||||||||||||||||||||||||||||||||||
convertible senior notes | 27,119 | 27,767 | 64,687 | 64,644 | 64,513 | 64,338 | 64,163 | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 50,000,000; issued 23,307,909 and 21,803,179; outstanding 22,955,748 and 21,451,018 | 23,308 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common stock – 1 par, authorized 1,500,000; issued and outstanding 1,050,012 | 1,050 | 1,050 | 1,050 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of net earnings to cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings | 38,309 | 72,584 | 4,758 | 118,977 | 54,384 | 8,678 | -241,860 | -53,880 | -8,908 | -4,762 | 43,252 | 88,765 | 82,518 | ||||||||||||||||||||||||||||||||||||||||||||
change in cash and cash equivalents due to sale and deconsolidation of subsidiaries | 1,566 | -1,873 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 50,000,000; issued 21,803,179 and 18,705,914; outstanding 21,451,018 and 18,353,753 | 21,803 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for title losses (in excess of) less than payments | -11,280 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for loan guarantee obligation | -4,318 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents – statutory reserve funds | 5,688 | 12,067 | 15,023 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade and other receivables | 50,372 | 55,076 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax liability | 2,645 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of net earnings to cash used by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment and title plants – net | -4,259 | -14,104 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisitions of subsidiaries and other – net | -296 | -78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of remaining interest of consolidated subsidiary | -723 | -1,621 | -43 | -4,199 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
retirement of convertible senior notes with issuance of common stock | 37,095 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receipt of partial building ownership in exchange for debt forgiveness | 1,255 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in financial statement amounts due to the acquisition of subsidiaries: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities acquired | 312 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 2,645 | 35,977 | 27,449 | 28,236 | 15,948 | 11,896 | 8,008 | 11,982 | 14,139 | 15,784 | 29,335 | ||||||||||||||||||||||||||||||||||||||||||||||
common stock – 1 par, authorized 50,000,000; issued 18,705,914 and 18,605,993; outstanding 18,353,753 and 18,253,832 | 18,706 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provisions for title losses in excess of (less than) payments | 15,248 | 2,383 | 6,406 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from redemptions of investments – pledged | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition of subsidiary | -1,183 | -8,262 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash received (paid) for other assets, cost-basis investments, equity investees and other – net | 384 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on line of credit | -216,141 | -24,962 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of changes in foreign currency exchange rates | 1,821 | -803 | 826 | 5,213 | -10,912 | -108 | 2,438 | -1,480 | 1,868 | ||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive earnings | 28,901 | 12,346 | 15,968 | 8,894 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of net earnings to cash provided (used) by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash received (paid) for other assets, cost-basis investments, equity investees and other | 2,277 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of wage and hour litigation through issuance of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of note payable through issuance of common stock held in treasury | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt assumed | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents — statutory reserve funds | 23,647 | 9,926 | 18,129 | 9,688 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock — 1 par, authorized 50,000,000; issued 18,605,993 and 17,801,273; outstanding 18,253,832 and 17,325,046 | 18,606 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common stock — 1 par, authorized 1,500,000; issued and outstanding 1,050,012 | 1,050 | 1,050 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized investment gains | 7,431 | 2,517 | 3,397 | 4,278 | 3,399 | 2,551 | 9,749 | ||||||||||||||||||||||||||||||||||||||||||||||||||
investment and other (gains) — net | -2,302 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivables — net | -6,748 | -24,833 | -5,381 | -11,720 | -7,858 | -1,354 | |||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other assets — net | -189 | -168 | -5,447 | -9,330 | -16,035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in payables and accrued liabilities — net | -5,602 | -11,871 | -13,203 | -15,157 | -31,841 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other — net | 1,645 | 2,760 | 3,385 | 2,122 | 2,487 | -563 | 3,314 | -1,484 | -10,301 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from redemptions of investments — pledged | 217,225 | 24,300 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment, title plants and real estate — net | -17,704 | -16,339 | -11,032 | -17,968 | -6,002 | -12,733 | -42,021 | -33,931 | -32,410 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of land and buildings | 6,425 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash (paid) received for other assets, cost-basis investments, equity investees and other — net | -2,944 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes | 65,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for debt issuance costs related to convertible senior notes | -3,299 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments — pledged, at fair value | 202,007 | 222,684 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
line of credit, at fair value | 202,007 | 222,684 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock — 1 par, authorized 50,000,000; issued 17,801,273 and 17,685,976; outstanding 17,325,046 and 17,209,749 | 17,801 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment and other (gains) losses — net | -21,782 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provisions for title losses (less than) in excess of payments | -14,694 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in receivables — net | 46,642 | 11,642 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other assets — net | 308 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments — pledged | -241,525 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash received for other assets, cost-basis investments, equity investees and other — net | 4,887 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from line of credit | 241,525 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options and grants | 57 | 569 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock — 1 par. authorized 50,000,000 and 30,000,000; issued 17,685,976 and 17,585,453; outstanding 17,181,769 and 17,091,775 | 17,658 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common stock — 1 par. authorized 1,500,000; issued and outstanding 1,050,012 | 1,050 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment and other gains — net | -7,002 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provisions for title losses in excess of payments | 31,276 | 31,078 | 9,854 | 35,670 | 34,968 | 45,940 | 32,433 | ||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in other assets — net | 540 | 11,725 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisitions of subsidiaries — net | -1,165 | -55 | -357 | -5,431 | -45,398 | -18,149 | -65,974 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash received (paid) for cost-basis investments, equity investees and related intangibles — net | 10,924 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash received for the sale of real estate | 135 | 199 | 4,971 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests | 13,227 | 14,775 | 16,293 | 17,192 | 17,272 | 18,682 | 14,482 | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock — 1 par. authorized 30,000,000; issued 17,439,633 and 17,311,505; outstanding 17,422,182 and 17,311,505 | 17,422 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common stock — 1 par, authorized 1,500,000, issued and outstanding 1,050,012 | 1,050 | 1,050 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
years ended december 31 | 2,008 | 2,006 | 2,005 | 2,004 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of net earnings to cash (used) provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment and other losses (gains) — net | 28,247 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payables and accrued liabilities — net | -9,593 | -8,244 | 22,077 | 15,954 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for cost-basis investments, equity investees and related intangibles — net | -1,493 | -689 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to minority interests | -7,660 | -3,999 | -10,891 | -2,979 | -18,282 | -16,549 | -12,474 | ||||||||||||||||||||||||||||||||||||||||||||||||||
assets acquired: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments | 981 | 981 | 13,429 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
title plants | 79,027 | 76,867 | 74,119 | 10,093 | 4,405 | 7,048 | |||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment | 56 | 86,411 | 103,096 | 101,002 | 4,829 | 1,319 | 7,479 | ||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 12,986 | 18,107 | 20,902 | 3,995 | 3,434 | 11,291 | |||||||||||||||||||||||||||||||||||||||||||||||||||
debt issued | -2,173 | -854 | -5,104 | -2,619 | -28,923 | -24,776 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes — net (refund) paid | -1,708 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | 5,705 | 4,613 | 2,665 | 971 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
investments — statutory reserve funds | 503,152 | 503,192 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments — other | 83,721 | 65,188 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables — premiums from agencies | 37,968 | 49,150 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables — income taxes | 54,520 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables — other | 50,853 | 57,299 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of other assets | 6,011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment and other losses (gains) — net | 4,709 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | -16,755 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments | -418,831 | -294,447 | -86,763 | -405,942 | -679,026 | -470,777 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from investments matured and sold | 458,913 | 316,593 | 102,119 | 435,529 | 580,925 | 405,689 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercises of stock options | 569 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments – statutory reserve funds | 505,998 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments – other | 101,508 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables – premiums from agencies | 48,940 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables – other | 72,746 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from deferred income taxes | -9,695 | -4,232 | -9,158 | 7,391 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment gains | -11,950 | -4,222 | -4,727 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for cost-basis investments, equity investees and related intangibles | -2,410 | -2,531 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisitions of subsidiaries – net | -9,664 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock purchases | -9,472 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 433 | 517 | 364 | 1,284 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
less allowance for uncollectible amounts | -8,330 | -9,112 | -8,526 | -7,430 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from deferred taxes | -2,725 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in receivables — net | 14,865 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest expense | 2,819 | 18,239 | 19,431 | 13,518 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in debt and equity securities, at market: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less accumulated depreciation and amortization | -208,179 | -182,415 | -159,387 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in investees, on an equity basis | 17,139 | 16,387 | 19,814 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, including 92,469 and 70,396 long-term portion | 109,549 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock — 1 par, authorized 30,000,000, issued and outstanding 17,507,087 and 17,430,304 | 17,507 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity investees | 10,002 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for equity investees and related intangibles — net | -4,747 | -2,950 | -3,791 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | 43,897 | 51,652 | 47,436 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, including 70,396 and 39,866 long-term portion | 88,413 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common – 1 par, authorized 30,000,000, issued and outstanding 17,430,304 and 17,396,209 | 17,430 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common – 1 par, authorized 1,500,000, issued and outstanding 1,050,012 | 1,050 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note: reconciliation of net earnings to the above amounts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, including 39,866 and 17,329 long-term portion | 49,930 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common — 1 par, authorized 30,000,000, issued and outstanding 17,396,209 and 17,301,687 | 17,396 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b common — 1 par, authorized 1,500,000, issued and outstanding 1,050,012 | 1,050 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets acquired |
We provide you with 20 years of balance sheets for Stewart Information Services stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Stewart Information Services. Explore the full financial landscape of Stewart Information Services stock with our expertly curated balance sheets.
The information provided in this report about Stewart Information Services stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.