Segment information

9 Months Ended

Sep. 30, 2020

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 home and personal insurance services and Internal Revenue Code Section 1031 tax-deferred exchanges. The ancillary services and corporate segment includes search and valuation services, which are the principal offerings of ancillary services, and 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   September 30,		Nine Months Ended   September 30,
	2020	2019	2020	2019
	($000 omitted)
Title segment:
Revenues	567,743	501,199	1,506,618	1,349,272
Depreciation and amortization	3,748	5,110	11,302	15,309
Income before taxes and noncontrolling interest	82,376	49,481	152,003	88,144
Ancillary services and corporate segment:
Revenues	27,953	58,309	45,083	80,830
Depreciation and amortization	1,396	584	2,134	2,149
(Loss) income before taxes and noncontrolling interest	(6,033)	41,580	(17,371)	25,043
Consolidated Stewart:
Revenues	595,696	559,508	1,551,701	1,430,102
Depreciation and amortization	5,144	5,694	13,436	17,458
Income before taxes and noncontrolling interest	76,343	91,061	134,632	113,187

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   September 30,		Nine Months Ended   September 30,
	2020	2019	2020	2019
	($000 omitted)
United States	559,057	522,159	1,463,129	1,340,254
International	36,639	37,349	88,572	89,848
	595,696	559,508	1,551,701	1,430,102