Segment information

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment information

Segment information. Prior to 2016, the Company reported three operating segments: title insurance and related services (title), mortgage services and corporate. Effective in the first quarter 2016, as a result of restructuring and streamlining the management of the mortgage services operations, the Company began reporting two operating segments: title and ancillary services and corporate. The centralized title services business, previously included in the mortgage services segment, is now included in the title segment. The remaining operations of the mortgage services segment, principally valuation services, government services and loan file review and audit, are not material, in the aggregate, for separate segment presentation and are now included in the ancillary services and corporate segment. In addition, the Company began allocating the costs of its centralized administrative services departments to the respective operating businesses. The new operating segments reflect the current manner that management uses in allocating resources and assessing performance of the Company's businesses.

The title segment provides services needed to transfer title to property in a real estate transaction and includes services such as searching, examining, closing and insuring the condition of the title to the property. In addition, the title segment includes centralized title services, home and personal insurance services and Internal Revenue Code Section 1031 tax-deferred exchanges. The ancillary services and corporate segment consists principally of services related to valuation services to large lenders, government services and loan file and review and audit (referred to as ancillary services and other operations). Also included in the ancillary services and corporate segment are expenses of the parent holding company and certain other enterprise-wide overhead costs.

Selected statement of operations and loss information related to these segments is as follows using restated prior year period amounts to conform to the new segment presentation:

	For the Three Months Ended   March 31,
	2016		2015
	($000 omitted)
Title segment:
Revenues	413,163		406,897
Depreciation and amortization	2,985		3,243
Loss before taxes and noncontrolling interest	(995	)	(11,395	)
Ancillary services and corporate segment:
Revenues	25,067		41,975
Depreciation and amortization	5,321		3,862
Loss before taxes and noncontrolling interest	(14,717	)	(7,480	)
Consolidated Stewart:
Revenues	438,230		448,872
Depreciation and amortization	8,306		7,105
Loss before taxes and noncontrolling interest	(15,712	)	(18,875	)

The Company does not provide asset information by reportable operating segment as it does not routinely evaluate the asset position by segment.

Revenues generated in the United States and all international operations are as follows:

	For the Three Months Ended   March 31,
	2016	2015
	($000 omitted)
United States	417,589	429,209
International	20,641	19,663
	438,230	448,872