Segment information

12 Months Ended

Dec. 31, 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 appraisal management services, search and valuation services, and online notarization and closing solutions, which are the principal offerings of ancillary services, 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 for the years ended December 31 is as follows:

	2020	2019	2018
	(in $ thousands)
Title segment:
Revenues	2,205,301	1,857,048	1,855,706
Depreciation and amortization	15,230	19,971	21,449
Income before taxes and noncontrolling interest	246,878	108,459	108,314
Ancillary services and corporate segment:
Revenues	83,131	82,960	51,966
Depreciation and amortization	3,986	2,555	3,483
(Loss) income before taxes and noncontrolling interest	(28,373)	8,508	(35,785)
Consolidated Stewart:
Revenues	2,288,432	1,940,008	1,907,672
Depreciation and amortization	19,216	22,526	24,932
Income before taxes and noncontrolling interest	218,505	116,967	72,529

2019 revenues and income before taxes and noncontrolling interest for the ancillary services and corporate segment included a $50.0 million gain related to the fee received from the FNF merger termination (refer also to Note 6). The Company does not provide asset information by reportable operating segment as it does not routinely evaluate the asset position by segment.

Revenues for the years ended December 31 in the United States and all international operations are as follows:

	2020	2019	2018
	(in $ thousands)
United States	2,154,672	1,816,531	1,787,843
International	133,760	123,477	119,829
	2,288,432	1,940,008	1,907,672