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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 174,815 $ 248,367
Short-term investments 26,407 24,318
Investments, at fair value:    
Debt securities (amortized cost of $634,616 and $646,728) 608,314 611,934
Equity securities 81,441 98,149
Investments, at fair value 689,755 710,083
Receivables:    
Premiums from agencies 37,231 39,921
Trade and other 74,903 67,348
Income taxes 18,708 10,281
Notes 7,465 7,482
Allowance for uncollectible amounts (7,440) (7,309)
Receivables 130,867 117,723
Property and equipment:    
Land 2,545 2,545
Buildings 19,042 18,761
Furniture and equipment 219,002 213,707
Accumulated depreciation (159,909) (153,474)
Property and equipment 80,680 81,539
Operating lease assets 128,192 127,830
Title plants, at cost 73,358 73,358
Investments on equity method basis 3,896 4,575
Goodwill 1,094,406 1,072,982
Intangible assets, net of amortization 190,827 199,084
Deferred tax assets 2,586 2,590
Other assets 83,271 75,430
Total assets 2,679,060 2,737,879
Liabilities    
Notes payable 445,067 447,006
Accounts payable and accrued liabilities 163,001 196,541
Operating lease liabilities 147,594 148,003
Estimated title losses 533,415 549,448
Deferred tax liabilities 30,231 26,616
Total liabilities 1,319,308 1,367,614
Contingent liabilities and commitments
Stockholders’ equity    
Common Stock ($1 par value) and additional paid-in capital 327,823 324,344
Retained earnings 1,071,320 1,091,816
Accumulated other comprehensive loss:    
Foreign currency translation adjustments (23,258) (23,856)
Net unrealized losses on debt securities investments (20,778) (27,487)
Treasury stock – 352,161 common shares, at cost (2,666) (2,666)
Stockholders’ equity attributable to Stewart 1,352,441 1,362,151
Noncontrolling interests 7,311 8,114
Total stockholders’ equity (27,245,097 and 27,130,412 shares outstanding) 1,359,752 1,370,265
Total liabilities and stockholders' equity $ 2,679,060 $ 2,737,879