Segment information

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment information

Segment information. The Company reports two operating segments: title and ancillary services and corporate. 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 historically provided appraisal and valuation services, loan file review, quality control services, government services, document management, recording and call center-related services offered to large mortgage lenders and servicers, mortgage brokers and mortgage investors. Beginning in 2017, the principal offerings of ancillary services are appraisal and valuation services. Also included in the ancillary services and corporate segment are expenses of the parent holding company and certain other enterprise-wide overhead costs, net of centralized administrative services costs allocated to respective operating businesses.

Selected statement of income information related to these segments is as follows:

	Three Months Ended   June 30,				Six Months Ended   June 30,
	2017		2016		2017		2016
	($000 omitted)
Title segment:
Revenues	470,449		467,508		896,246		881,047
Depreciation and amortization	5,321		5,364		10,547		10,522
Income before taxes and noncontrolling interest	39,467		51,296		51,744		50,676
Ancillary services and corporate segment:
Revenues	15,003		21,929		32,247		46,619
Depreciation and amortization	1,120		1,976		2,272		5,124
Loss before taxes and noncontrolling interest	(6,320	)	(9,383	)	(12,729	)	(24,476	)
Consolidated Stewart:
Revenues	485,452		489,437		928,493		927,666
Depreciation and amortization	6,441		7,340		12,819		15,646
Income before taxes and noncontrolling interest	33,147		41,913		39,015		26,200

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:

	Three Months Ended   June 30,		Six Months Ended   June 30,
	2017	2016	2017	2016
	($000 omitted)
United States	451,766	458,438	871,019	876,026
International	33,686	30,999	57,474	51,640
	485,452	489,437	928,493	927,666