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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Reconciliation of net income to cash provided by operating activities:      
Net income $ 68,421 $ 4,043 $ 38,309
Add (deduct):      
Depreciation and amortization 30,044 30,298 24,226
Provision for bad debt 3,349 3,396 1,977
Investment and other (gains) losses – net 666 1,369 (6,744)
Payments for title losses in excess of provisions (1,056) (17,154) (18,803)
Adjustment for insurance recoveries of title losses (173) 213 17,181
Impairment of goodwill 0 35,749 0
Decrease in receivables – net 7,759 12,894 8,791
Decrease (increase) in other assets – net 391 3,073 (1,878)
(Decrease) increase in payables and accrued liabilities – net (3,888) 2,088 (6,854)
Decrease (increase) in net deferred income taxes 7,446 (5,800) 3,176
Net income from equity investees (2,834) (3,579) (3,442)
Dividends received from equity investees 2,640 3,811 3,582
Stock based compensation expense 2,982 4,445 4,020
Other – net 7,215 5,668 448
Cash provided by operating activities 122,962 80,514 63,989
Investing activities:      
Proceeds from investments available-for-sale sold 81,091 69,280 58,132
Proceeds from investments available-for-sale matured 27,125 42,195 48,427
Purchases of investments available-for-sale (166,444) (147,697) (147,372)
Net sales (purchases) of short-term investments 17,468 (14,664) 13,294
Purchases of property and equipment, title plants and real estate (18,155) (19,658) (19,537)
Proceeds from the sale of land, buildings, property and equipment, and real estate 692 4,214 3,520
Net cash received from disposal (paid for acquisition) of subsidiaries and other assets 1,268 (3,958) (39,990)
Other – net 181 1,497 4,969
Cash used by investing activities (56,774) (68,791) (78,557)
Financing activities:      
Proceeds from notes payable 57,758 52,651 120,273
Payments on notes payable (60,339) (22,494) (60,838)
Purchase of remaining interest of consolidated subsidiaries (991) (209) (20)
Cash dividends paid (27,840) (18,010) (2,334)
Cash paid on Class B Common Shares conversion (12,000) 0 0
Distributions to noncontrolling interests (12,961) (9,706) (8,986)
Repurchases of Common Stock (1,053) (27,950) (22,048)
Payment of contingent consideration related to an acquisition (2,002) 0 0
Other—net 86 168 (21)
Cash (used) provided by financing activities (59,342) (25,550) 26,026
Effects of changes in foreign currency exchange rates (141) (7,664) (5,189)
Increase (decrease) in cash and cash equivalents 6,705 (21,491) 6,269
Cash and cash equivalents at beginning of year 179,067 200,558 194,289
Cash and cash equivalents at end of year 185,772 179,067 200,558
Supplemental information:      
Retirement of Convertible Senior Notes with issuance of Common Stock 0 0 27,190
Net changes in financial statement amounts due to disposal and purchase of subsidiaries and other assets:      
Goodwill (disposed) acquired (628) 7,220 21,440
Receivables and other assets disposed (acquired) (1,272) 38 12,620
Intangible assets disposed (acquired) (1,730) 0 21,110
Liabilities recognized or acquired (499) (3,300) (15,180)
Net realized loss on the disposal 2,861 0 0
Net cash (received from disposal) paid for acquisition of subsidiaries and other assets (1,268) 3,958 39,990
Assets purchased through capital lease obligations 6,990 1,062 2,003
Income taxes – net paid (refunded) 15,265 14,982 (106)
Interest paid $ 3,020 $ 1,873 $ 2,616