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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 202,985 $ 248,367
Short-term investments 37,238 24,318
Investments, at fair value:    
Debt securities (amortized cost of $628,153 and $646,728) 585,406 611,934
Equity securities 75,333 98,149
Investments, fair value 660,739 710,083
Receivables:    
Premiums from agencies 40,509 39,921
Trade and other 64,364 67,348
Income taxes 4,725 10,281
Notes 13,765 7,482
Allowance for uncollectible amounts (8,652) (7,309)
Total receivables 114,711 117,723
Property and equipment:    
Land 2,545 2,545
Buildings 19,049 18,761
Furniture and equipment 233,062 213,707
Accumulated depreciation (171,230) (153,474)
Total property and equipment, at cost 83,426 81,539
Operating lease assets 123,698 127,830
Title plants, at cost 73,359 73,358
Investments on equity method basis 4,283 4,575
Goodwill 1,072,022 1,072,982
Intangible assets, net of amortization 201,539 199,084
Deferred tax assets 2,554 2,590
Other assets 92,516 75,430
Total assets 2,669,070 2,737,879
Liabilities    
Notes payable 445,158 447,006
Accounts payable and accrued liabilities 177,180 196,541
Operating lease liabilities 142,044 148,003
Estimated title losses 521,395 549,448
Deferred tax liabilities 24,094 26,616
Total liabilities 1,309,871 1,367,614
Contingent liabilities and commitments
Stockholders’ equity    
Common Stock ($1 par value) and additional paid-in capital 337,924 324,344
Retained earnings 1,075,224 1,091,816
Accumulated other comprehensive loss:    
Foreign currency translation adjustments (24,851) (23,856)
Net unrealized losses on debt securities investments (33,770) (27,487)
Treasury stock – 352,161 common shares, at cost (2,666) (2,666)
Stockholders’ equity attributable to Stewart 1,351,861 1,362,151
Noncontrolling interests 7,338 8,114
Total stockholders’ equity (27,355,427 and 27,130,412 shares outstanding) 1,359,199 1,370,265
Total liabilities and stockholders' equity $ 2,669,070 $ 2,737,879