XML 14 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 147,205 $ 185,772
Short-term investments 23,092 22,239
Investments in debt and equity securities available-for-sale, at fair value:    
Statutory reserve funds 479,155 485,409
Other 175,607 146,094
Total investments in debt and equity securities available-for-sale, at fair value 654,762 631,503
Receivables:    
Premiums from agencies 34,603 31,246
Trade and other 50,023 41,897
Income taxes 1,223 4,878
Notes 3,702 3,402
Allowance for uncollectible amounts (9,108) (9,647)
Total receivables 80,443 71,776
Property and equipment, at cost:    
Land 3,991 3,991
Buildings 22,771 22,529
Furniture and equipment 226,536 217,105
Accumulated depreciation (183,179) (173,119)
Total property and equipment, at cost 70,119 70,506
Title plants, at cost 75,313 75,313
Investments in investees, on an equity method basis 9,536 9,796
Goodwill 234,667 217,094
Intangible assets, net of amortization 9,317 10,890
Deferred tax assets 3,865 3,860
Other assets 49,725 42,975
Total assets 1,358,044 1,341,724
Liabilities    
Notes payable 116,331 106,808
Accounts payable and accrued liabilities 97,095 115,640
Estimated title losses 465,294 462,572
Deferred tax liabilities 12,947 7,856
Total liabilities 691,667 692,876
Contingent liabilities and commitments
Stockholders’ equity    
Common Stock and additional paid-in capital 183,350 180,959
Retained earnings 479,860 471,788
Accumulated other comprehensive income (loss):    
Unrealized investment gains on investments - net 10,207 7,846
Foreign currency translation adjustments (12,198) (16,727)
Treasury stock – 352,161 common shares, at cost (2,666) (2,666)
Stockholders’ equity attributable to Stewart 658,553 641,200
Noncontrolling interests 7,824 7,648
Total stockholders’ equity (23,737,447 and 23,431,279 shares outstanding) 666,377 648,848
Liabilities and Equity, Total $ 1,358,044 $ 1,341,724