Segment information

9 Months Ended

Sep. 30, 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, Internal Revenue Code Section 1031 tax-deferred exchanges, and digital customer engagement platform services. 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   September 30,		Nine Months Ended   September 30,
	2021	2020	2021	2020
	($000 omitted)
Title segment:
Revenues	772,246	567,743	2,157,949	1,506,618
Depreciation and amortization	4,556	3,748	13,579	11,302
Income before taxes and noncontrolling interest	119,147	82,376	321,910	152,003
Ancillary services and corporate segment:
Revenues	64,481	27,953	186,172	45,083
Depreciation and amortization	4,588	1,396	8,815	2,134
Income (loss) before taxes	(2,701)	(6,033)	(2,006)	(17,371)
Consolidated Stewart:
Revenues	836,727	595,696	2,344,121	1,551,701
Depreciation and amortization	9,144	5,144	22,394	13,436
Income before taxes and noncontrolling interest	116,446	76,343	319,904	134,632

The Company does not provide asset information by reportable operating segment as it does not routinely evaluate the asset position by segment.

Total revenues generated in the United States and all international operations are as follows:

	Three Months Ended   September 30,		Nine Months Ended   September 30,
	2021	2020	2021	2020
	($000 omitted)
United States	781,792	559,057	2,196,717	1,463,129
International	54,935	36,639	147,404	88,572
	836,727	595,696	2,344,121	1,551,701