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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Reconciliation of net income (loss) to cash provided by operating activities:    
Net income (loss) $ 6,009 $ (9,064)
Add (deduct):    
Depreciation and amortization 6,378 8,306
Provision for bad debt 366 711
Investment and other gains – net (287) (488)
Amortization of net premium on investments available-for-sale 1,718 1,742
Payments for title losses in excess of provisions (3,605) (523)
Adjustment for insurance recoveries of title losses 409 312
Increase in receivables – net (3,896) (3,622)
Increase in other assets – net (666) (2,583)
Decrease in payables and accrued liabilities – net (27,355) (26,540)
Change in net deferred income taxes 136 (1,953)
Net income from equity investees (197) (341)
Dividends received from equity investees 570 581
Stock based compensation expense 1,230 1,395
Other – net 1 226
Cash used by operating activities (19,189) (31,841)
Investing activities:    
Proceeds from investments available-for-sale sold 15,843 11,327
Proceeds from investments available-for-sale matured 14,956 260
Purchases of investments available-for-sale (51,981) (44,254)
Net purchases of short-term investments (597) (2,302)
Purchases of property and equipment, title plants and real estate – net (5,586) (5,494)
Other – net 449 387
Cash used by investing activities (26,916) (40,076)
Financing activities:    
Payments on notes payable (8,382) (1,307)
Proceeds from notes payable 875 10,000
Distributions to noncontrolling interests (2,563) (3,028)
Cash dividends paid (7,031) (6,720)
Other – net (818) (240)
Cash used by financing activities (17,919) (1,295)
Effects of changes in foreign currency exchange rates 827 2,898
Decrease in cash and cash equivalents (63,197) (70,314)
Cash and cash equivalents at beginning of period 185,772 179,067
Cash and cash equivalents at end of period $ 122,575 $ 108,753