Segment Information

12 Months Ended

Dec. 31, 2011

Segment Information [Abstract]

Segment Information [Text Block]

NOTE 20

Segment information. The Company’s two reportable operating segments are title insurance-related services (title), which includes all corporate-level costs, including interest related to convertible senior notes, and real estate information (REI). Both segments serve each other and the real estate and mortgage industries.

The title segment provides services needed to transfer the title in a real estate transaction. These services include searching, examining, closing and insuring the condition of the title to real property.

The REI segment includes a diverse group of products and services serving multiple markets. REI provides loan origination and servicing support; loan review services; loss mitigation; REO asset management; home and personal insurance services; Internal Revenue Code Section 1031 tax-deferred exchanges; and technology to support the real estate process. The single largest customer of the REI segment accounted for 75.9%, 70.4%, and 39.3% of REI revenues in 2011, 2010 and 2009, respectively.

Under the Company’s internal reporting system, most general corporate expenses are incurred by and charged to the title segment. All investment income is included in the title segment as it is primarily generated by the investments of the title underwriters’ operations.

	Title			REI		Total
	($000 omitted)
2011:
Revenues		1,532,582			102,324		1,634,906
Intersegment revenues		194			3,331		3,525
Depreciation and amortization		16,605			2,937		19,542
(Loss) earnings before taxes and noncontrolling interests		(24,304	)		42,323		18,019
Identifiable assets		1,090,419			65,722		1,156,141
2010:
Revenues		1,591,214			81,176		1,672,390
Intersegment revenues		247			2,631		2,878
Depreciation and amortization		18,925			2,497		21,422
(Loss) earnings before taxes and noncontrolling interests		(29,921	)		32,846		2,925
Identifiable assets		1,082,083			59,123		1,141,206
2009:
Revenues		1,650,407			56,895		1,707,302
Intersegment revenues		266			3,167		3,433
Depreciation and amortization		25,510			2,554		28,064
(Loss) earnings before taxes and noncontrolling interests		(73,263	)		11,075		(62,188	)
Identifiable assets		1,314,787			54,373		1,369,160

Revenues for the years ended December 31 in the United States and all international operations follow:

	2011		2010		2009
	($000 omitted)
United States		1,515,379		1,564,057		1,610,832
International		119,528		108,333		96,470
		1,634,906		1,672,390		1,707,302