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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 190,039 $ 248,367
Short-term investments 26,566 24,318
Investments, at fair value:    
Debt securities (amortized cost of $635,247 and $646,728) 601,927 611,934
Equity securities 78,226 98,149
Investments, fair value 680,153 710,083
Receivables:    
Premiums from agencies 40,601 39,921
Trade and other 73,218 67,348
Income taxes 9,661 10,281
Notes 13,464 7,482
Allowance for uncollectible amounts (7,853) (7,309)
Total receivables 129,091 117,723
Property and equipment:    
Land 2,545 2,545
Buildings 19,094 18,761
Furniture and equipment 226,455 213,707
Accumulated depreciation (166,331) (153,474)
Total property and equipment, at cost 81,763 81,539
Operating lease assets 128,167 127,830
Title plants, at cost 73,358 73,358
Investments on equity method basis 4,073 4,575
Goodwill 1,074,678 1,072,982
Intangible assets, net of amortization 204,509 199,084
Deferred tax assets 2,582 2,590
Other assets 82,859 75,430
Total assets 2,677,838 2,737,879
Liabilities    
Notes payable 445,027 447,006
Accounts payable and accrued liabilities 167,564 196,541
Operating lease liabilities 146,649 148,003
Estimated title losses 524,141 549,448
Deferred tax liabilities 28,462 26,616
Total liabilities 1,311,843 1,367,614
Contingent liabilities and commitments
Stockholders’ equity    
Common Stock ($1 par value) and additional paid-in capital 332,025 324,344
Retained earnings 1,074,458 1,091,816
Accumulated other comprehensive loss:    
Foreign currency translation adjustments (19,004) (23,856)
Net unrealized losses on debt securities investments (26,322) (27,487)
Treasury stock – 352,161 common shares, at cost (2,666) (2,666)
Stockholders’ equity attributable to Stewart 1,358,491 1,362,151
Noncontrolling interests 7,504 8,114
Total stockholders’ equity (27,266,830 and 27,130,412 shares outstanding) 1,365,995 1,370,265
Total liabilities and stockholders' equity $ 2,677,838 $ 2,737,879