Segment information

3 Months Ended

Mar. 31, 2021

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 is as follows:

		Three Months Ended   March 31,
		2021	2020
	($000 omitted)
Title segment:
Revenues		632,585	434,440
Depreciation and amortization		4,314	3,821
Income before taxes and noncontrolling interest		77,089	14,836
Ancillary services and corporate segment:
Revenues		56,001	5,461
Depreciation and amortization		2,116	410
Loss before taxes and noncontrolling interest		(3,087)	(5,566)
Consolidated Stewart:
Revenues		688,586	439,901
Depreciation and amortization		6,430	4,231
Income before taxes and noncontrolling interest		74,002	9,270

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   March 31,
		2021	2020
	($000 omitted)
United States		652,582	414,128
International		36,004	25,773
		688,586	439,901